Business Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Business Segment Information

Business Segment Information

We have three reportable business segments: Well Intervention, Robotics and Production Facilities. Our U.S., U.K. and Brazil well intervention operating segments are aggregated into the Well Intervention business segment for financial reporting purposes. Our Well Intervention segment includes our vessels and equipment used to perform well intervention services primarily in the U.S. 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 IRSs, some of which we rent out on a stand-alone basis, and SILs. Our Robotics segment includes ROVs, trenchers and ROVDrills designed to complement offshore construction and well intervention services, and currently operates four chartered ROV support vessels. Our Production Facilities segment includes the HP I, our investment in Independence Hub that is accounted for under the equity method as well as our former ownership interest in Deepwater Gateway that we sold in February 2016 (Note 5). 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 March 31,
	2016			2015
Net revenues —
Well Intervention	$	46,056		$	104,051
Robotics	31,994			80,171
Production Facilities	18,482			18,385
Intercompany elimination	(5,493		)	(12,966		)
Total	$	91,039		$	189,641
Income (loss) from operations —
Well Intervention	$	(16,688	)	$	14,794
Robotics	(12,750		)	9,457
Production Facilities	7,183			4,578
Corporate and other	(8,669		)	(6,607		)
Intercompany elimination	168			106
Total	$	(30,756	)	$	22,328

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 March 31,
	2016		2015
Well Intervention	$	641	$	4,946
Robotics	4,852		8,020
Total	$	5,493	$	12,966

The following table reflects total assets by reportable segment (in thousands): 

	March 31, 2016		December 31, 2015
Well Intervention	$	1,458,029	$	1,484,109
Robotics	245,391		274,926
Production Facilities	152,841		182,007
Corporate and other	458,126		458,917
Total	$	2,314,387	$	2,399,959