XML 59 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Summary Of Significant Accounting Policies [Abstract]  
Estimated Useful Lives Of The Related Assets

Buildings and improvements

3

to

40 

years

Marine vessels and equipment

5

to

25 

years

Machinery and equipment

2

to

25 

years

Automobiles, trucks, tractors and trailers

3

to

years

Furniture and fixtures

2

to

10 

years

 

Summary Of Activity Of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Drilling

 

Subsea and

 

Onshore

 

 

 

Subsea and

 

 

 

 

 

Products and

 

Well

 

Completion

 

Production

 

Technical

 

 

 

 

 

Services

 

Enhancement

 

Services

 

Services

 

Solutions

 

Marine

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2010

$       139,463

 

$       437,684

 

$                   -

 

$                   -

 

$                   -

 

$         10,853

 

$       588,000

Acquisition activities

 -

 

3,563 

 

 -

 

 -

 

 -

 

 -

 

3,563 

Disposition activities

 -

 

 -

 

 -

 

 -

 

 -

 

(519)

 

(519)

Reduction in value of asset

 -

 

 -

 

 -

 

 -

 

 -

 

(10,334)

 

(10,334)

Additional consideration paid

 

 

 

 

 

 

 

 

 -

 

 

 

 

for prior acquisitions

1,000 

 

 -

 

 -

 

 -

 

 -

 

 -

 

1,000 

Foreign currency translation adjustment

(35)

 

(296)

 

 -

 

 -

 

 -

 

 -

 

(331)

Balance, December 31, 2011

$       140,428

 

$       440,951

 

$                   -

 

$                   -

 

$                   -

 

$                   -

 

$       581,379

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition activities

 -

 

23,452 

 

1,193,486 

 

738,709 

 

 -

 

 -

 

1,955,647 

Disposition activities

 -

 

(9,741)

 

 -

 

 -

 

 -

 

 -

 

(9,741)

Allocation of goodwill from change in

 

 

 

 

 

 

 

 

 

 

 

 

 

internal reporting structure

 -

 

(454,574)

 

224,564 

 

138,994 

 

91,016 

 

 -

 

 -

Additional consideration paid

 

 

 

 

 

 

 

 

 

 

 

 

 

for prior acquisitions

3,000 

 

 -

 

 -

 

 -

 

 -

 

 -

 

3,000 

Foreign currency translation adjustment

1,519 

 

(88)

 

 -

 

349 

 

 -

 

 -

 

1,780 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2012

$       144,947

 

$                   -

 

$    1,418,050

 

$       878,052

 

$         91,016

 

$                   -

 

$    2,532,065

 

Composition Of Intangible And Other Long-term Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

December 31, 2011

 

Gross

 

Accumulated

 

Net

 

Gross

 

Accumulated

 

Net

 

Amount

 

Amortization

 

Balance

 

Amount

 

Amortization

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$    348,160

 

$     (25,357)

 

$      322,803

 

$      23,707

 

$       (6,144)

 

$      17,563

Tradenames

53,063 

 

(7,017)

 

46,046 

 

18,005 

 

(2,706)

 

15,299 

Non-compete agreements

2,938 

 

(1,062)

 

1,876 

 

1,697 

 

(1,126)

 

571 

Debt issuance costs

63,829 

 

(18,948)

 

44,881 

 

41,449 

 

(10,039)

 

31,410 

Deferred compensation

 

 

 

 

 

 

 

 

 

 

 

 plan assets

11,343 

 

 -

 

11,343 

 

10,598 

 

 -

 

10,598 

Escrowed cash

50,304 

 

 -

 

50,304 

 

50,196 

 

 -

 

50,196 

Restricted cash and

 

 

 

 

 

 

 

 

 

 

 

 cash equivalents

 -

 

 -

 

 -

 

785,280 

 

 -

 

785,280 

Long-term assets held as

 

 

 

 

 

 

 

 

 

 

 

 major replacement spares

7,241 

 

 -

 

7,241 

 

13,806 

 

 -

 

13,806 

Other

26,676 

 

(764)

 

25,912 

 

6,018 

 

(605)

 

5,413 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$    563,554

 

$     (53,148)

 

$      510,406

 

$    950,756

 

$     (20,620)

 

$    930,136

 

Summary Of The Activity For Company's Decommissioning Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended

 

 

 

December 31,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Decommissioning liabilities, December 31, 2011 and 2010, respectively

 

$      123,176

 

$      117,716

 

Liabilities acquired and incurred

 

4,620 

 

 -

 

Liabilities settled

 

(4,660)

 

(504)

 

Accretion

 

4,670 

 

6,752 

 

Revision in estimated liabilities

 

(34,753)

 

(788)

 

 

 

 

 

 

 

Total decommissioning liabilities, December 31, 2012 and 2011, respectively

 

93,053 

 

123,176 

 

 

 

 

 

 

 

Less: current portion of decommissioning liabilities as of December 31, 2012 and 2011, respectively

 

 -

 

14,956 

 

 

 

 

 

 

 

Long-term decommissioning liabilities, December 31, 2012 and 2011, respectively

 

$        93,053

 

$      108,220