Revenue (Tables)

6 Months Ended

Jun. 30, 2022


			Three Months Ended				Six Months Ended
(in thousands)			Jun 30, 2022		Jun 30, 2021			Jun 30, 2022		Jun 30, 2021
Business Segment:
	Energy Services and Products
		Subsea Robotics	$	157,123	$	141,371		$	285,112	$	260,490
		Manufactured Products	105,456		79,127			188,148		165,952
		Offshore Projects Group	116,457		107,951			213,854		197,185
		Integrity Management & Digital Solutions	59,438		64,070			116,008		118,118
	Total Energy Services and Products		438,474		392,519			803,122		741,745
	Aerospace and Defense Technologies		85,557		105,680			167,068		194,007
		Total	$	524,031	$	498,199		$	970,190	$	935,752



Geographic Operating Areas:
	Foreign:
		Africa	$	67,910	$	71,405		$	131,319	$	134,197
		Asia and Australia	49,544		42,150			99,105		79,697
		Norway	47,911		57,360			93,188		109,654
		United Kingdom	46,131		45,967			84,888		89,147
		Brazil	37,951		27,520			68,302		48,173
		Other	21,120		25,836			44,168		46,271
	Total Foreign		270,567		270,238			520,970		507,139
	United States		253,464		227,961			449,220		428,613
Total			$	524,031	$	498,199		$	970,190	$	935,752

Timing of Transfer of Goods or Services:
	Revenue recognized over time		$	484,722	$	471,474		$	901,725	$	879,647
	Revenue recognized at a point in time		39,309		26,725			68,465		56,105
Total			$	524,031	$	498,199		$	970,190	$	935,752

The following table provides information about contract assets and contract liabilities from contracts with customers.


	Six months ended
(in thousands)	Jun 30, 2022		Jun 30, 2021
Total contract assets, beginning of period	$	164,847	$	221,997
Revenue accrued	915,969		898,853
Amounts billed	(892,144)		(873,688)
Total contract assets, end of period	$	188,672	$	247,162


Total contract liabilities, beginning of period	$	88,175	$	50,046
Deferrals of milestone payments	24,084		47,430
Recognition of revenue for goods and services	(55,696)		(35,488)
Total contract liabilities, end of period	$	56,563	$	61,988