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Business Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting

The following table presents selected financial data by business segment:

 

 

Three months ended March 31,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

Subsea Products

 

 

Subsea Services

 

 

Well Construction

 

 

Corporate

 

 

Total

 

 

 

(In thousands)

 

Revenue

 

$

46,117

 

 

$

46,304

 

 

$

23,896

 

 

$

21,784

 

 

$

20,852

 

 

$

15,049

 

 

$

-

 

 

$

-

 

 

$

90,865

 

 

$

83,137

 

Depreciation and amortization

 

 

1,599

 

 

 

1,786

 

 

 

2,754

 

 

 

3,040

 

 

 

1,743

 

 

 

1,607

 

 

 

793

 

 

 

1,126

 

 

 

6,889

 

 

 

7,559

 

Operating income (loss)

 

 

1,495

 

 

 

(2,576

)

 

 

9,384

 

 

 

384

 

 

 

562

 

 

 

2,555

 

 

 

(8,253

)

 

 

(5,954

)

 

 

3,188

 

 

 

(5,591

)