XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company currently operates in two reportable segments: marine and concrete. The Company's financial reporting systems present various data for management to run the business, including profit and loss statements prepared according to the segments presented. Management uses operating income to evaluate performance between the two segments. Segment information for the periods presented is provided as follows:

 
Three months ended March 31, 2018
Three months ended March 31, 2017
Marine
 
 
         Contract revenues
$
62,791

$
67,180

         Operating income (loss)
6,265

(7,707
)
         Depreciation and amortization expense
(4,731
)
(5,255
)
 
 
 
         Total Assets
$
255,484

$
261,176

         Property, Plant and Equipment, net
127,078

139,221

 
 
 
Concrete
 
 
        Contract revenues
$
74,052

$
71,577

        Operating income
804

6,225

        Depreciation and amortization expense
(2,049
)
(2,273
)
 
 
 
        Total Assets
$
166,949

$
170,262

        Property, Plant and Equipment, net
17,790

14,695



Intersegment revenues between the Company's two reportable segments for the three months ended March 31, 2018 was less than $0.1 million. There were no intersegment revenues for the three months ended March 31, 2017. The marine segment had foreign revenues of approximately $6.0 million and $0.1 million for the three months ended March 31, 2018 and 2017, respectively. These revenues are derived from projects in the Caribbean Basin and are paid in U.S. dollars. There was no foreign revenue for the concrete segment.