Selected Balance Sheet And Income Statement Information (Tables)

12 Months Ended

Dec. 31, 2011

The following is information regarding selected balance sheet accounts:



	December 31,
(in thousands)	2011		2010
Inventory:
Inventory for remotely operated vehicles	$	135,297	$	119,106
Other inventory, primarily raw materials	119,798		117,411
Total	$	255,095	$	236,517

Other Current Assets:
Deferred income taxes	$	20,718	$	28,494
Prepaid expenses	52,355		49,258
Total	$	73,073	$	77,752

Other Non-Current Assets:
Intangible assets	$	70,611	$	22,208
Cash surrender value of life insurance policies	38,318		36,339
Long-term portion of accounts receivable, net	21,658		—
Other	9,449		7,030
Total	$	140,036	$	65,577

Accrued Liabilities:
Payroll and related costs	$	191,430	$	168,476
Accrued job costs	51,296		50,323
Deferred revenue, including billings in excess of revenue recognized	52,132		68,131
Other	40,303		27,480
Total	$	335,161	$	314,410

Other Long-Term Liabilities:
Deferred income taxes	$	157,532	$	139,822
Supplemental Executive Retirement Plan	34,768		32,341
Accrued post-employment benefit obligations	13,935		14,245
Other	14,972		14,027
Total	$	221,207	$	200,435

The following schedule shows our revenue, costs and gross margins by services and products:



	Year Ended December 31,
(in thousands)	2011			2010			2009
Revenue:
Services	$	1,369,614		$	1,277,795		$	1,275,263
Products	823,049			639,250			546,818
Total revenue	2,192,663			1,917,045			1,822,081
Cost of Services and Products:
Services	999,396			916,495			897,654
Products	603,289			461,477			421,438
Unallocated expenses	81,219			72,753			65,263
Total cost of services and products	1,683,904			1,450,725			1,384,355
Gross margin:
Services	370,218			361,300			377,609
Products	219,760			177,773			125,380
Unallocated expenses	(81,219		)	(72,753		)	(65,263		)
Total gross margin	$	508,759		$	466,320		$	437,726