Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

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				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Net revenues —
Well Intervention	$	131,314	$	140,803	$	397,387	$	427,296
Robotics		42,623		49,802		96,430		135,896
Production Facilities		18,552		14,167		49,217		43,301
Intercompany eliminations		(11,773)		(11,282)		(36,962)		(32,835)
Total	$	180,716	$	193,490	$	506,072	$	573,658
Income (loss) from operations —
Well Intervention	$	(13,343)	$	18,844	$	(14,819)	$	24,910
Robotics		4,936		6,983		2,257		11,940
Production Facilities		5,089		4,134		16,285		11,142
Segment operating income (loss)		(3,318)		29,961		3,723		47,992
Goodwill impairment (1)		—		—		—		(6,689)
Corporate, eliminations and other		(7,013)		(10,946)		(25,550)		(29,121)
Total	$	(10,331)	$	19,015	$	(21,827)	$	12,182

(1) As a result of the decline in oil prices as well as energy and energy services valuations during the first quarter 2020 due to the COVID-19 pandemic and the price war among members of the Organization of Petroleum Exporting Countries (“OPEC”) and other non-OPEC producer nations (collectively with OPEC members, “OPEC+”), we impaired all of our goodwill, which consisted entirely of goodwill attributable to the acquisition of a controlling interest in STL.

Schedule of intercompany segment revenues

Intercompany segment revenues are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Well Intervention	$	4,267	$	4,120	$	17,060	$	11,334
Robotics		7,506		7,162		19,902		21,501
Total	$	11,773	$	11,282	$	36,962	$	32,835

Schedule of total assets by reportable segment

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

	September 30,		December 31,
	2021		2020
Well Intervention	$	2,042,180	$	2,134,081
Robotics		109,450		132,550
Production Facilities		121,258		129,773
Corporate and other		74,411		101,874
Total	$	2,347,299	$	2,498,278