Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of financial data by reportable segment

We evaluate our performance based on operating income of each reportable segment. Certain financial data by reportable segment are summarized as follows (in thousands):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Net revenues —
Well Intervention	$	170,206		$	154,441		$	451,511		$	445,769
Robotics	51,909			54,340			136,396			120,569
Production Facilities	13,777			15,877			44,651			48,541
Intercompany eliminations	(23,283		)	(12,083		)	(51,398		)	(33,417		)
Total	$	212,609		$	212,575		$	581,160		$	581,462

Income (loss) from operations —
Well Intervention	$	37,689		$	34,427		$	74,002		$	82,774
Robotics	8,876			5,601			7,921			(12,818		)
Production Facilities	3,050			6,694			11,907			20,919
Segment operating income	49,615			46,722			93,830			90,875
Corporate, eliminations and other	(10,617		)	(15,345		)	(31,491		)	(35,842		)
Total	$	38,998		$	31,377		$	62,339		$	55,033

Schedule of intercompany segment revenues

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 September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018

Well Intervention ⁽¹⁾	$	15,318	$	4,379	$	28,355	$	10,546
Robotics	7,965		7,704		23,043		22,871
Total	$	23,283	$	12,083	$	51,398	$	33,417

(1)

Amounts in the three- and nine-month periods ended September 30, 2019 included $10.6 million and $15.9 million, respectively, associated with P&A work on 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.

Schedule of total assets by 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, most notably the majority of our cash and cash equivalents. The following table reflects total assets by reportable segment (in thousands):



	September 30, 2019		December 31, 2018

Well Intervention	$	2,133,205	$	1,916,638
Robotics	183,125		147,602
Production Facilities	159,225		120,845
Corporate and other	137,956		162,645
Total	$	2,613,511	$	2,347,730