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Business Segment Information
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information 
 
We have three reportable business segments: Well Intervention, Robotics and Production Facilities. Our Well Intervention segment includes our vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Our well intervention vessels include the Q4000, the Q5000, the Helix 534, the Seawell, the Well Enhancer and the Skandi Constructor, which is a chartered vessel. Our well intervention segment also includes certain intervention riser systems that are available on a rental basis. Our Robotics segment includes ROVs, trenchers and ROVDrills designed to complement offshore construction and well intervention services, and currently operates five chartered ROV and trencher support vessels. The Production Facilities segment includes the HP I as well as our investments in Deepwater Gateway and Independence Hub that are accounted for under the equity method. The results of our previously reported Subsea Construction segment are immaterial and thus no longer meet the threshold to be separately reported as a business segment. These results are now aggregated within “Other” for all periods presented in this Quarterly Report on Form 10-Q. All material intercompany transactions between the segments have been eliminated.
 
We evaluate our performance primarily based on operating income of each reportable segment. Segment assets are comprised of all assets attributable to each reportable segment. Corporate and other includes all assets not directly identifiable with our business segments. Certain financial data by reportable segment are summarized as follows (in thousands): 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Net revenues —
 
 
 
 
 
 
 
Well Intervention
$
85,675

 
$
181,218

 
$
189,726

 
$
340,918

Robotics
75,101

 
119,704

 
155,272

 
207,594

Production Facilities
20,293

 
24,049

 
38,678

 
47,189

Other
—

 
—

 
—

 
358

Intercompany elimination
(15,053
)
 
(19,384
)
 
(28,019
)
 
(36,900
)
Total
$
166,016

 
$
305,587

 
$
355,657

 
$
559,159

 
 
 
 
 
 
 
 
Income (loss) from operations —
 
 
 
 
 
 
 
Well Intervention
$
4,135

 
$
64,775

 
$
18,929

 
$
113,508

Robotics
4,303

 
20,799

 
13,760

 
32,018

Production Facilities
8,444

 
10,459

 
13,022

 
21,843

Corporate and other
(9,009
)
 
(17,322
)
 
(15,616
)
 
(20,512
)
Intercompany elimination
(199
)
 
45

 
(93
)
 
(1,153
)
Total
$
7,674

 
$
78,756

 
$
30,002

 
$
145,704

 
 
 
 
 
 
 
 
Equity in earnings (losses) of investments
$
(323
)
 
$
(507
)
 
$
(302
)
 
$
201


 
Intercompany segment amounts are derived primarily from equipment and services provided to other business segments at rates consistent with those charged to third parties. Intercompany segment revenues are as follows (in thousands): 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
Well Intervention
$
6,417

 
$
7,956

 
$
11,363

 
$
13,417

Robotics
8,636

 
11,428

 
16,656

 
23,483

Total
$
15,053

 
$
19,384

 
$
28,019

 
$
36,900


 
The following table reflects total assets by reportable segment (in thousands): 
 
June 30,
2015
 
December 31,
2014
 
 
 
 
Well Intervention
$
1,805,388

 
$
1,470,349

Robotics
304,357

 
299,701

Production Facilities
446,199

 
459,427

Corporate and other
378,252

 
471,221

Total
$
2,934,196

 
$
2,700,698