XML 32 R89.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Segment Information (Summary Of Financial Data By Segment) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Sep. 30, 2009
Jun. 30, 2009
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Segment Reporting Information [Line Items]                          
Revenues $ 396,185 $ 372,496 $ 338,319 $ 291,607 $ 306,337 $ 392,669 $ 299,262 $ 201,570     $ 1,398,607 $ 1,199,838 $ 1,461,687
Income (loss) from operations                     235,528 [1] (94,656) [1] 203,815 [1]
Net interest expense and other                     99,953 86,324 51,495
Equity in earnings of equity investments                     22,215 19,469 32,329
Income (loss) before income taxes                     147,980 (163,751) 261,992
Provision (benefit) for income taxes                     14,903 (39,598) 95,822
Identifiable assets 3,582,347       3,592,020           3,582,347 3,592,020 3,779,533
Capital expenditures                     219,769 206,772 423,373
Depreciation and amortization                     311,103 317,116 262,617
Goodwill impairments         16,700              16,743 [2]  
Impairment charges 107,500 2,400 22,700 0 9,200 900 159,900 11,100 64,600 48,200 132,603 181,083 120,550
Contracting Services [Member]
                         
Segment Reporting Information [Line Items]                          
Revenues                     738,235 780,339 796,158
Income (loss) from operations                     107,013 77,391 118,176
Net interest expense and other                     765 1,299 (2,280)
Income (loss) before income taxes                     97,798 72,459 120,456
Provision (benefit) for income taxes                     29,235 42,828 43,334
Identifiable assets 2,006,065       1,856,016           2,006,065 1,856,016 1,738,005
Capital expenditures                     69,259 65,949 204,228
Depreciation and amortization                     73,291 66,333 53,411
Shelf Contracting [Member]
                         
Segment Reporting Information [Line Items]                          
Revenues                         404,709
Income (loss) from operations                         59,077
Net interest expense and other                         6,642
Income (loss) before income taxes                         52,435
Provision (benefit) for income taxes                         16,275
Capital expenditures                         39,569
Depreciation and amortization                         34,243
Oil And Gas [Member]
                         
Segment Reporting Information [Line Items]                          
Revenues                     696,607 425,369 385,338
Income (loss) from operations                     129,936 (160,206) 91,668
Net interest expense and other                     25,833 18,886 20,152
Income (loss) before income taxes                     104,103 (179,092) 71,516
Provision (benefit) for income taxes                     35,858 (62,954) 23,352
Identifiable assets 1,041,506       1,223,014           1,041,506 1,223,014 1,541,153
Capital expenditures                     119,614 84,554 137,168
Depreciation and amortization                     219,915 235,290 168,101
Production Facilities [Member]
                         
Segment Reporting Information [Line Items]                          
Revenues                     75,460 [3] 117,300 [3] 3,395 [3]
Income (loss) from operations                     38,404 [3] 63,863 [3] (3,918) [3]
Net interest expense and other                     442 865 2,011
Income (loss) before income taxes                     58,064 [3] 86,100 [3] 18,300 [3]
Provision (benefit) for income taxes                     19,233 29,049 6,198
Identifiable assets 534,776       512,990           534,776 512,990 499,497
Capital expenditures                     30,896 56,269 42,408
Depreciation and amortization                     14,935 9,907 3,295
Corporate [Member]
                         
Segment Reporting Information [Line Items]                          
Income (loss) from operations                     (39,918) (56,609) (47,734)
Intercompany Elimination [Member]
                         
Segment Reporting Information [Line Items]                          
Revenues                     (111,695) (123,170) (127,913)
Income (loss) from operations                     93 (19,095) (13,454)
Corporate And Eliminations [Member]
                         
Segment Reporting Information [Line Items]                          
Net interest expense and other                     72,913 65,274 24,970
Income (loss) before income taxes                     (111,985) (143,218) (715)
Provision (benefit) for income taxes                     (69,423) (48,521) 6,663
Depreciation and amortization                     2,962 5,586 3,567
Discontinued Operations [Member]
                         
Segment Reporting Information [Line Items]                          
Identifiable assets                         $ 878
[1] Includes $16.7 million of goodwill impairment charge for year ending December 31, 2010 related to our contracting services segment. Also includes approximately $132.6 million, $181.1 million and $120.6 million of asset impairment charges for certain oil and gas properties for the years ended December 31, 2011, 2010 and 2009 respectively.
[2] Amount reflects full write off of goodwill associated with our WOSEA operations.
[3] In April 2009, Kommandor LLC commenced leasing the HP I to us under terms of a charter arrangement following the completion of the initial conversion of the vessel (Note 8). The HP I was certified as a floating oil and gas production unit in June 2010 following the completion of installation of oil and gas processing facilities on the vessel. The HP I participated in the BP oil spill and containment response efforts and is currently being utilized as the processing unit for our Phoenix field.