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Business Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Business Segment Information [Abstract]  
Schedule Of Segment Reporting Information By Segment

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

Revenues —

 

 

 

 

 

 

 

Well Intervention

$
452,452 

$
378,546 

$
340,952 

 

Robotics

 
333,246 

 
328,726 

 
245,360 

 

Subsea Construction

 
71,321 

 
192,521 

 
151,923 

 

Production Facilities

 
88,149 

 
80,091 

 
75,460 

 

Intercompany elimination

 
(68,607)

 
(133,775)

 
(111,695)

 

Total

$
876,561 

$
846,109 

$
702,000 

 

 

 

 

 

 

 

 

 

Income (loss) from operations —

 

 

 

 

 

 

 

Well Intervention

$
131,840 

$
85,482 

$
80,030 

 

Robotics

 
44,132 

 
55,678 

 
36,518 

 

Subsea Construction (1)

 
33,685 

 
(148,862)

 
(9,535)

 

Production Facilities

 
49,778 

 
40,082 

 
38,404 

 

Corporate and other

 
(77,041)

 
(92,985)

 
(82,470)

 

Intercompany elimination

 
(3,360)

 
(7,878)

 
93 

 

Total

$
179,034 

$
(68,483)

$
63,040 

 

 

 

 

 

 

 

 

 

Net interest expense and other —

 

 

 

 

 

 

 

Well Intervention

$
(217)

$
2,152 

$
(1,062)

 

Robotics

 
(210)

 
(1,203)

 
1,847 

 

Subsea Construction

 
480 

 
(247)

 
(20)

 

Production Facilities

 
380 

 
365 

 
442 

 

Corporate and eliminations

 
37,978 

 
64,882 

 
72,475 

 

Total

$
38,411 

$
65,949 

$
73,682 

 

 

 

 

 

 

 

 

 

Equity in earnings of equity investments

$
2,965 

$
8,434 

$
22,215 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes —

 

 

 

 

 

 

 

Well Intervention

$
132,057 

$
83,205 

$
72,642 

 

Robotics

 
44,342 

 
56,881 

 
34,671 

 

Subsea Construction

 
33,205 

 
(148,615)

 
(9,515)

 

Production Facilities

 
52,363 

 
48,276 

 
58,064 

 

Corporate and eliminations

 
(118,379)

 
(165,745)

 
(154,852)

 

Total

$
143,588 

$
(125,998)

$
1,010 

 

 

 

 

 

 

 

 

 

Income tax provision (benefit) —

 

 

 

 

 

 

 

Well Intervention

$
26,718 

$
15,400 

$
21,154 

 

Robotics

 
15,530 

 
20,222 

 
10,978 

 

Subsea Construction

 
11,655 

 
(51,329)

 
(2,897)

 

Production Facilities

 
17,233 

 
15,784 

 
19,233 

 

Corporate and eliminations

 
(39,524)

 
(59,235)

 
(85,274)

 

Total

$
31,612 

$
(59,158)

$
(36,806)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

Identifiable assets —

 

 

 

 

 

 

 

Well Intervention

$
1,245,229 

$
936,926 

$
682,449 

 

Robotics

 
282,373 

 
258,117 

 
207,205 

 

Subsea Construction

 
38,054 

 
303,479 

 
548,043 

 

Production Facilities

 
495,829 

 
504,828 

 
536,026 

 

Corporate and other

 
482,795 

 
483,003 

 
584,304 

 

Discontinued operations

 

 -

 
900,227 

 
1,024,320 

 

Total

$
2,544,280 

$
3,386,580 

$
3,582,347 

 

 

 

 

 

 

 

 

 

Capital expenditures —

 

 

 

 

 

 

 

Well Intervention

$
283,132 

$
274,451 

$
13,923 

 

Robotics

 
39,655 

 
44,500 

 
27,045 

 

Production Facilities

 
1,252 

 
823 

 
30,896 

 

Corporate and other

 
387 

 
3,265 

 
28,290 

 

Total

$
324,426 

$
323,039 

$
100,154 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Depreciation and amortization —

 

 

 

 

 

 

 

Well Intervention

$
44,619 

$
37,736 

$
35,544 

 

Robotics

 
22,263 

 
19,933 

 
16,426 

 

Subsea Construction

 
8,651 

 
19,773 

 
21,321 

 

Production Facilities

 
17,193 

 
16,828 

 
14,935 

 

Corporate and eliminations

 
5,809 

 
2,931 

 
2,962 

 

Total

$
98,535 

$
97,201 

$
91,188 

 

 

(1) Amount in 2013 includes the $1.1 million loss on the sale of the Caesar in June 2013 and the $15.6 million gain on the sale of the Express in July 2013.  Amount in 2012 includes impairment charges of $157.8 million for the Caesar and $14.6 million for the Intrepid (Note 2).

Summary Of Intercompany Segment Revenues

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Well Intervention

$
22,448 

$
36,781 

$
16,175 

 

Robotics

 
41,169 

 
46,465 

 
45,251 

 

Subsea Construction

 
317 

 
4,472 

 
4,212 

 

Production Facilities

 
4,673 

 
46,057 

 
46,057 

 

Total

$
68,607 

$
133,775 

$
111,695 

 

 

Intercompany Segment Gross Profit (Losses)

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Well Intervention

$
(141)

$
6,203 

$
(223)

 

Robotics

 
3,518 

 
180 

 
213 

 

Subsea Construction

 
158 

 
1,670 

 
114 

 

Production Facilities

 
(175)

 
(175)

 
(197)

 

Total

$
3,360 

$
7,878 

$
(93)

 

 

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

United States

$
345,525 

$
281,308 

$
316,869 

 

United Kingdom

 
403,816 

 
345,074 

 
275,499 

 

Other

 
127,220 

 
219,727 

 
109,632 

 

Total

$
876,561 

$
846,109 

$
702,000 

 

 

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

United States

$
1,195,824 

$
1,180,586 

$
1,163,320 

 

United Kingdom

 
332,394 

 
304,062 

 
281,430 

 

Other

 
76 

 
1,227 

 
14,919 

 

Total

$
1,528,294 

$
1,485,875 

$
1,459,669