Note 8 - Operating Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	North Sea			Southeast Asia			Americas			Other			Total
	(In thousands)
Quarter Ended June 30, 2016
Revenue	$	21,077		$	4,382		$	5,028		$	-		$	30,487
Direct operating expenses		12,328			3,295			5,309			-			20,932
Drydock expense		36			27			-			-			63
General and administrative expenses		1,832			834			1,667			4,521			8,854
Depreciation and amortization expense		6,532			2,346			5,150			883			14,911
Impairment charges		-			30,268			15,883			-			46,151
(Gain) loss on sale of assets		5,923			-			(9	)		-			5,914
Operating income (loss)	$	(5,574	)	$	(32,388	)	$	(22,972	)	$	(5,404	)	$	(66,338	)
Quarter Ended June 30, 2015
Revenue	$	36,578		$	10,989		$	26,894		$	-		$	74,461
Direct operating expenses		22,845			4,947			18,154			-			45,946
Drydock expense		32			906			1,498			-			2,436
General and administrative expenses		2,579			1,265			2,359			5,318			11,521
Depreciation and amortization expense		7,335			2,605			7,941			884			18,765
Operating income (loss)	$	3,787		$	1,266		$	(3,058	)	$	(6,202	)	$	(4,207	)

	North Sea			Southeast Asia			Americas			Other			Total
	(In thousands)
Six Months Ended June 30, 2016
Revenue	$	44,009		$	6,869		$	18,403		$	-		$	69,281
Direct operating expenses		26,019			6,252			12,396			-			44,667
Drydock expense		873			17			-			-			890
General and administrative expenses		3,961			1,707			3,698			9,276			18,642
Depreciation and amortization expense		13,089			4,947			11,118			1,796			30,950
Impairment charges		1,986			50,437			110,385			-			162,808
(Gain) loss on sale of assets		5,923			-			(5	)		-			5,918
Operating income (loss)	$	(7,842	)	$	(56,491	)	$	(119,189	)	$	(11,072	)	$	(194,594	)
Six Months Ended June 30, 2015
Revenue	$	76,778		$	24,318		$	62,457		$	-		$	163,553
Direct operating expenses		47,010			9,130			41,031			-			97,171
Drydock expense		2,965			1,565			6,879			-			11,409
General and administrative expenses		4,641			2,388			5,115			10,341			22,485
Depreciation and amortization expense		14,557			5,199			15,787			1,710			37,253
Operating income (loss)	$	7,605		$	6,036		$	(6,355	)	$	(12,051	)	$	(4,765	)
Total Assets
June 30, 2016	$	541,350		$	174,006		$	405,802		$	6,141		$	1,127,299
December 31, 2015		589,934			232,356			529,654			9,308			1,361,252