Summary Of Major Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Accounting Policies [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table presents the cost (net of cash acquired) and the amounts of associated goodwill, other intangible assets, and other assets net of liabilities assumed for the business acquisitions we made in 2011:

(in thousands)	Cost		Goodwill		Other Intangible Assets		Other, net
Norse Cutting and Abandonment AS	$	50,296	$	20,283	$	13,802	$	16,211
AGR Field Operations Holdings AS	220,011		165,218		41,387		13,406
Other	21,310		10,836		5,360		5,114
Total Business Acquisitions	$	291,617	$	196,337	$	60,549	$	34,731

Business Acquisition, Pro Forma Information

Schedule of Temporary Differences Using the Percentage-of-Completion Method

Revenue in Excess of Amounts Billed on uncompleted fixed-price contracts accounted for using the percentage-of-completion method is summarized as follows:

	December 31,
(in thousands)	2012			2011
Revenue recognized	$	181,286		$	271,233
Less: Billings to customers	(177,915		)	(252,745		)
Revenue in excess of amounts billed	$	3,371		$	18,488

Billings in Excess of Revenue Recognized on uncompleted fixed-price contracts accounted for using the percentage-of-completion method are summarized as follows:

	December 31,
(in thousands)	2012			2011
Amounts billed to customers	$	108,244		$	78,876
Less: Revenue recognized	(55,803		)	(42,952		)
Billings in excess of revenue recognized	$	52,441		$	35,924

Schedule of Earnings Per Share, Basic and Diluted

Earnings Per Share. The table that follows presents our earnings per share calculations.

	Year Ended December 31,
	2012		2011		2010
	(in thousands, except per share data)
Basic earnings per share:
Net income per consolidated statements of income	$	289,017	$	235,658	$	200,531
Income allocable to participating securities	—		—		(709		)
Earnings allocable to common shareholders	$	289,017	$	235,658	$	199,822
Basic shares outstanding	108,015		108,308		109,119
Basic earnings per share	$	2.68	$	2.18	$	1.83
Diluted earnings per share:
Net income per consolidated statements of income	$	289,017	$	235,658	$	200,531
Income allocable to participating securities	—		—		(706		)
Earnings allocable to diluted common shareholders	$	289,017	$	235,658	$	199,825
Diluted shares outstanding	108,617		109,001		109,535
Diluted earnings per share	$	2.66	$	2.16	$	1.82