XML 34 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Business Segment Information (Tables)
3 Months Ended 6 Months Ended
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2022
Segment Reporting, Measurement Disclosures [Abstract]      
Financial Data By Business Segment    
The table that follows presents revenue, income (loss) from operations and depreciation and amortization expense, by business segment:
 Three Months EndedSix Months Ended
(in thousands)Jun 30, 2022Jun 30, 2021Mar 31, 2022Jun 30, 2022Jun 30, 2021
Revenue
Energy Services and Products
Subsea Robotics$157,123 $141,371 $127,989 $285,112 $260,490 
Manufactured Products105,456 79,127 82,692 188,148 165,952 
Offshore Projects Group116,457 107,951 97,397 213,854 197,185 
Integrity Management & Digital Solutions59,438 64,070 56,570 116,008 118,118 
Total Energy Services and Products438,474 392,519 364,648 803,122 741,745 
Aerospace and Defense Technologies85,557 105,680 81,511 167,068 194,007 
Total$524,031 $498,199 $446,159 $970,190 $935,752 
Income (Loss) from Operations
Energy Services and Products
Subsea Robotics$25,938 $21,710 $11,552 $37,490 $36,329 
Manufactured Products(1,365)790 2,643 1,278 3,543 
Offshore Projects Group17,535 7,996 666 18,201 16,809 
Integrity Management & Digital Solutions3,436 4,721 3,508 6,944 7,195 
Total Energy Services and Products45,544 35,217 18,369 63,913 63,876 
Aerospace and Defense Technologies8,961 19,340 11,844 20,805 36,179 
Unallocated Expenses(31,655)(31,738)(31,252)(62,907)(63,453)
Total$22,850 $22,819 $(1,039)$21,811 $36,602 
Depreciation and Amortization
Energy Services and Products
Subsea Robotics$17,531 $22,436 $19,001 $36,532 $45,388 
Manufactured Products3,020 3,248 3,072 6,092 6,475 
Offshore Projects Group7,107 6,862 7,297 14,404 13,987 
Integrity Management & Digital Solutions1,034 1,091 1,030 2,064 2,215 
Total Energy Services and Products28,692 33,637 30,400 59,092 68,065 
Aerospace and Defense Technologies821 1,404 656 1,477 2,680 
Unallocated Expenses1,347 184 963 2,310 951 
Total$30,860 $35,225 $32,019 $62,879 $71,696 
Adjustments Table
For the Six Months Ended June 30, 2021
(in thousands)Subsea RoboticsManufactured ProductsOPGIMDSADTechUnallocated ExpensesTotal
Adjustments for the effects of:
Loss on sale of asset$— $— $— $— $— $1,415 $1,415 
Other395 537 149 217 10 — 1,308 
Total of adjustments$395 $537 $149 $217 $10 $1,415 $2,723 
There were no adjustments of a similar nature during the three- and six-month periods ended June 30, 2022 or the three-month period ended March 31, 2022.