Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of financial data by reportable segment

Certain financial data by reportable segment are summarized as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Net revenues —
Well Intervention	$	159,074		$	161,759		$	281,305		$	291,328
Robotics	45,446			39,060			84,487			66,229
Production Facilities	15,621			16,343			30,874			32,664
Intercompany eliminations	(18,413		)	(12,537		)	(28,115		)	(21,334		)
Total	$	201,728		$	204,625		$	368,551		$	368,887
Income (loss) from operations —
Well Intervention	$	26,672		$	34,470		$	36,313		$	48,347
Robotics	2,949			(4,102		)	(955		)	(18,419		)
Production Facilities	4,452			6,866			8,857			14,225
Segment operating income	34,073			37,234			44,215			44,153
Corporate, eliminations and other	(11,001		)	(12,462		)	(20,874		)	(20,497		)
Total	$	23,072		$	24,772		$	23,341		$	23,656

Schedule of intercompany segment revenues

Intercompany segment revenues are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Well Intervention (1)	$	9,812	$	4,215	$	13,037	$	6,167
Robotics	8,601		8,322		15,078		15,167
Total	$	18,413	$	12,537	$	28,115	$	21,334

(1)

Amounts in 2019 include $5.3 million associated with P&A work that commenced on one of the Droshky wells for our Production Facilities segment (Notes 2 and 13). Upon completion of the P&A work Marathon Oil is contractually obligated to remit payment to us, which is reflected in “Other receivable” in the accompanying condensed consolidated balance sheet (Note 3).

Schedule of total assets by reportable segment

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

	June 30, 2019		December 31, 2018
Well Intervention	$	2,111,752	$	1,916,638
Robotics	187,401		147,602
Production Facilities	177,230		120,845
Corporate and other	143,839		162,645
Total	$	2,620,222	$	2,347,730