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Operations by Business Segment and Geographic Area
 12 Months Ended
Dec. 31, 2022
Segment Reporting, Measurement Disclosures [Abstract]  
Business Segment Information OPERATIONS BY BUSINESS SEGMENT AND GEOGRAPHIC AREA
Business Segment Information
We are a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries.
Our Energy business leverages our asset base and capabilities for providing services and products for offshore energy operations, inclusive of the offshore renewables energy market. Our Energy segments are:
• Subsea Robotics—Our Subsea Robotics segment provides the following:
◦ ROVs for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance and repair;
◦ ROV tooling; and
◦ survey services, including hydrographic survey and positioning services and autonomous underwater vehicles for geoscience.
• Manufactured Products—Our Manufactured Products segment provides the following:
◦ distribution and connection systems including production control umbilicals and field development hardware and pipeline connection and repair systems to the energy industry; and
◦autonomous mobile robotic technology and entertainment systems to a variety of industries.
• Offshore Projects Group—Our OPG segment provides the following:
◦ subsea installation and intervention, including riserless light well intervention services, inspection, maintenance and repair (“IMR”) services, principally in the U.S. Gulf of Mexico and offshore Angola, utilizing owned and charter vessels;
◦ installation and workover control systems and ROV workover control systems;
◦ diving services;
◦ decommissioning services;
◦ project management and engineering; and
◦ drill pipe riser services and systems and wellhead load relief solutions.
• Integrity Management & Digital Solutions—Our IMDS segment provides the following:
◦ asset integrity management services;
◦ software and analytical solutions for the bulk cargo maritime industry; and
◦ software, digital and connectivity solutions for the energy industry.
Our Aerospace and Defense Technologies segment provides services and products, including engineering and related manufacturing in defense and space exploration activities, principally to U.S. Government agencies and their prime contractors.
Unallocated Expenses are those not associated with a specific business segment. These consist of expenses related to our incentive and deferred compensation plans, including restricted stock and bonuses, as well as other general expenses, including corporate administrative expenses.
There are no differences in the basis of segmentation or in the basis of measurement of segment profit or loss from those used in our consolidated financial statements for the year ended December 31, 2021.
The table that follows presents revenue, income (loss) from operations and depreciation and amortization expense including goodwill impairment, by business segment: 
 Year Ended December 31,
(in thousands)202220212020
Revenue
Energy
Subsea Robotics$621,921 $538,515 $493,332 
Manufactured Products382,361 344,251 477,419 
OPG489,317 378,121 289,127 
IMDS229,884 241,393 226,938 
Total Energy 1,723,483 1,502,280 1,486,816 
ADTech342,601 366,995 341,073 
Total$2,066,084 $1,869,275 $1,827,889 
Income (Loss) from Operations
Energy
Subsea Robotics$118,248 $76,874 $(65,817)
Manufactured Products11,692 (15,876)(88,253)
OPG49,256 31,197 (105,680)
IMDS14,901 18,572 (121,675)
Total Energy194,097 110,767 (381,425)
ADTech44,168 60,992 56,023 
Unallocated Expenses(127,402)(131,960)(120,677)
Total$110,863 $39,799 $(446,079)
Depreciation and Amortization Expense, including Goodwill Impairment
Energy
Subsea Robotics$67,684 $87,900 $212,621 
Manufactured Products11,946 12,788 66,772 
OPG28,560 28,173 115,288 
IMDS4,599 4,420 127,221 
Total Energy 112,789 133,281 521,902 
ADTech2,853 4,783 2,666 
Unallocated Expenses5,327 1,659 4,327 
Total$120,969 $139,723 $528,895 
We determine income (loss) from operations for each business segment before interest income or expense, other income (expense) and provision for income taxes. We do not consider an allocation of these items to be practical.
Revenue
During 2022 and 2021, revenue from one customer, the U.S. Government, accounted for 11% and 12%, respectively, of our total consolidated annual revenue, and no other customer accounted for more than 10% of our total consolidated revenue. No individual customer accounted for more than 10% of our consolidated revenue during 2020.
Income (Loss) from Operations
Year ended December 31, 2021—During the year ended December 31, 2021, we recorded charges and other discrete impacts attributable to each of our reporting segments as follows:
For the Year Ended December 31, 2021
(in thousands)
Subsea Robotics
Manufactured Products
OPG
IMDS
ADTech
Unallocated Expenses
Total
Impacts for the effects of:
Provision for Evergrande losses, net$— $29,549  $—  $—  $—  $— $29,549 
Loss on sale of asset
—  —  —  —  —  1,415 1,415 
Other
395  537  149  217  10  — 1,308 
Total charges
$395 $30,086 $149 $217 $10 $1,415 $32,272 
Year ended December 31, 2020—During the year ended December 31, 2020, we recorded charges and other discrete impacts attributable to each of our reporting segments as follows:
For the Year Ended December 31, 2020
(in thousands)
Subsea Robotics
Manufactured Products
OPG
IMDS
ADTech
Unallocated Expenses
Total
Impacts for the effects of:
Long-lived assets impairments
$— $61,074 $8,826 $545 $— $— $70,445 
Long-lived assets write-offs
7,328 — 16,644 170 — — 24,142 
Inventory write-downs
7,038 — — — — — 7,038 
Goodwill impairment
102,118 52,263 66,285 123,214 — — 343,880 
Other
5,055 2,266 8,590 4,272 572 455 21,210 
Total charges
$121,539 $115,603 $100,345 $128,201 $572 $455 $466,715 
There were no adjustments of a similar nature during the year ended December 31, 2022.
Depreciation and Amortization Expense, including Goodwill Impairment
Depreciation expense on property and equipment, reflected in the Depreciation and Amortization Expense, including Goodwill Impairment table above, was $113 million, $136 million and $170 million in 2022, 2021 and 2020, respectively.
Amortization expense on long-lived intangible assets, reflected in the Depreciation and Amortization Expense, including Goodwill Impairment table above, was $7.5 million, $3.8 million and $15 million in 2022, 2021 and 2020, respectively.
Goodwill impairment expense, reflected in the Depreciation and Amortization Expense, including Goodwill Impairment table above, was $344 million in 2020. See “Income (Loss) from Operations” above for amounts attributable to each segment.
We recorded the write-downs and write-offs of certain equipment and intangible assets, reflected in our depreciation expense, of $14 million in 2020. We also recorded the write-offs of certain intangible assets, reflected in our amortization expense, of $10 million in 2020. See “Income (Loss) from Operations” above for amounts attributable to each segment.
Assets, Property and Equipment, Net and Goodwill
The following table presents Assets, Property and Equipment, net and Goodwill by business segment: 
 December 31,
(in thousands)20222021
Assets
Energy
Subsea Robotics$467,608 $447,130 
Manufactured Products339,087 342,978 
OPG345,264 333,248 
IMDS91,154 83,796 
Total Energy1,243,113 1,207,152 
ADTech115,450 107,999 
Corporate and Other673,120 647,708 
Total$2,031,683 $1,962,859 
Property and Equipment, Net
Energy
Subsea Robotics$175,239 $190,992 
Manufactured Products74,282 85,190 
OPG159,439 186,187 
IMDS9,807 10,934 
Total Energy418,767 473,303 
ADTech6,186 7,632 
Corporate and Other13,496 8,661 
Total$438,449 $489,596 
Goodwill
Energy
Subsea Robotics$23,885 $24,454 
Total Energy23,885 24,454 
ADTech10,454 10,454 
Total$34,339 $34,908 
All assets specifically identified with a particular business segment have been segregated. Cash and cash equivalents, certain other current assets, certain investments and certain other assets have not been allocated to particular business segments and are included in Corporate and Other.
Capital Expenditures
The following table presents Capital Expenditures, including business acquisitions, by business segment: 
 Year Ended December 31,
(in thousands)202220212020
Capital Expenditures
Energy
Subsea Robotics$55,649 $27,591 $14,624 
Manufactured Products4,129 2,510 1,220 
OPG4,456 7,980 33,647 
IMDS4,058 3,305 3,488 
Total Energy68,292 41,386 52,979 
ADTech1,956 2,525 1,462 
Corporate and Other10,795 6,288 6,246 
Total$81,043 $50,199 $60,687 
Geographic Operating Areas
On January 1, 2019 we adopted the lease standard, Topic 842, which requires lessees to recognize right-of-use assets. For 2022 and 2021, $140 million and $146 million of right-of-use operating lease assets are included in the following table which summarizes Property and Equipment, Net and Right-of-Use Operating Lease Assets by geographic area:
 December 31,
(in thousands)20222021
Property and Equipment, Net and Right-of-Use Operating Lease Assets

Foreign:
Norway$59,933 $69,880 
United Kingdom59,762 65,665 
Brazil59,045 59,318 
Africa36,583 49,874 
Asia and Australia29,221 29,371 
Other18,192 18,456 
Total Foreign262,736 292,564 
United States315,324 343,129 
Total$578,060 $635,693 
Revenue is based on location where services are performed and products are manufactured. See Note 3—”Revenue” for disclosure of revenue by geographic area .