Selected Balance Sheet And Income Statement Information (Tables)

12 Months Ended

Dec. 31, 2012

The following is information regarding selected balance sheet accounts:



	December 31,
(in thousands)	2012		2011
Inventory:
Inventory for remotely operated vehicles	$	174,612	$	135,297
Other inventory, primarily raw materials	156,668		119,798
Total	$	331,280	$	255,095

Other Current Assets:
Deferred income taxes	$	22,604	$	20,718
Prepaid expenses	61,627		52,355
Total	$	84,231	$	73,073

Other Non-Current Assets:
Intangible assets, net	$	78,252	$	70,611
Cash surrender value of life insurance policies	42,841		38,318
Long-term portion of accounts receivable, net	—		21,658
Other	13,091		9,449
Total	$	134,184	$	140,036

Accrued Liabilities:
Payroll and related costs	$	218,609	$	191,430
Accrued job costs	75,037		51,296
Deferred revenue, including billings in excess of revenue recognized	73,465		52,132
Other	41,192		40,303
Total	$	408,303	$	335,161

Other Long-Term Liabilities:
Deferred income taxes	$	178,100	$	157,532
Supplemental Executive Retirement Plan	35,772		34,768
Accrued post-employment benefit obligations	12,942		13,935
Other	14,659		14,972
Total	$	241,473	$	221,207

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



	Year Ended December 31,
(in thousands)	2012			2011			2010
Revenue:
Services	$	1,887,957		$	1,369,614		$	1,277,795
Products	894,647			823,049			639,250
Total revenue	2,782,604			2,192,663			1,917,045
Cost of Services and Products:
Services	1,418,511			999,396			916,495
Products	642,199			603,289			461,477
Unallocated expenses	94,036			81,219			72,753
Total cost of services and products	2,154,746			1,683,904			1,450,725
Gross margin:
Services	469,446			370,218			361,300
Products	252,448			219,760			177,773
Unallocated expenses	(94,036		)	(81,219		)	(72,753		)
Total gross margin	$	627,858		$	508,759		$	466,320