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Condensed Consolidated Statements Of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net revenues:    
Contracting services $ 229,842 $ 122,748
Oil and gas 178,085 168,859
Total net revenues 407,927 291,607
Cost of sales:    
Contracting services 156,968 106,907
Oil and gas 89,249 107,624
Total cost of sales 246,217 214,531
Gross profit 161,710 77,076
Gain (loss) on sale or acquisition of assets, net (1,478) 16
Loss on oil and gas derivative contracts (2,339)  
Selling, general and administrative expenses (25,696) (24,981)
Income from operations 132,197 52,111
Equity in earnings of investments 407 5,650
Net interest expense (21,760) (24,236)
Loss on early extinguishment of long term debt (17,127)  
Other income (expense) 86 2,660
Income before income taxes 93,803 36,185
Provision for income taxes 27,277 9,550
Net income, including noncontrolling interests 66,526 26,635
Less net income applicable to noncontrolling interests (789) (768)
Net income applicable to Helix 65,737 25,867
Preferred stock dividends (10) (10)
Net income applicable to Helix common shareholders 65,727 25,857
Earnings (loss) per share of common stock:    
Basic $ 0.62 $ 0.24
Diluted $ 0.62 $ 0.24
Weighted average common shares outstanding:    
Basic 104,530 104,471
Diluted 104,989 104,903
Comprehensive income (Note 9) $ 56,876 $ 18,183