XML 50 R37.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
Revenues $ 674,523 $ 599,092  
Cost of services and products 539,512 506,708  
Selling, general and administrative expense 61,539 55,691  
Depreciation 21,000 23,000  
Amortization of Intangible Assets 3,800 3,700  
Depreciation, Depletion and Amortization 24,448 27,058  
Segment, Expenditure, Addition to Long-Lived Assets 26,088 25,518  
Income (Loss) from Operations 73,472 36,693  
Interest income 3,644 3,040  
Interest Expense, Operating and Nonoperating (9,075) (9,204)  
Equity in income (losses) of unconsolidated affiliates 362 169  
Other income (expense), net 975 1,480  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 69,378 32,178  
Assets 2,275,023 2,228,877 $ 2,336,347
Property, Plant and Equipment, Net 431,935 422,089 420,098
Goodwill 50,173 33,991 $ 49,350
Subsea Robotics Member      
Segment Reporting Information [Line Items]      
Revenues 205,976 186,932  
Cost of services and products 133,562 130,156  
Selling, general and administrative expense 12,782 12,539  
Depreciation, Depletion and Amortization 11,736 12,810  
Segment, Expenditure, Addition to Long-Lived Assets 18,916 15,797  
Income (Loss) from Operations 59,632 44,237  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 59,632 44,237  
Manufactured Products Member      
Segment Reporting Information [Line Items]      
Revenues 135,037 129,453  
Cost of services and products 117,667 106,992  
Selling, general and administrative expense 8,703 9,271  
Depreciation, Depletion and Amortization 2,650 3,175  
Segment, Expenditure, Addition to Long-Lived Assets 784 5,137  
Income (Loss) from Operations 8,667 13,190  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 8,667 13,190  
Integrity Managements & Digital Solutions Member      
Segment Reporting Information [Line Items]      
Revenues 71,418 69,690  
Cost of services and products 60,888 59,794  
Selling, general and administrative expense 7,068 6,281  
Depreciation, Depletion and Amortization 1,730 1,259  
Segment, Expenditure, Addition to Long-Lived Assets 1,451 608  
Income (Loss) from Operations 3,462 3,615  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 3,462 3,615  
Offshore Projects Group      
Segment Reporting Information [Line Items]      
Revenues 164,941 115,054  
Cost of services and products 120,063 106,086  
Selling, general and administrative expense 9,212 8,124  
Depreciation, Depletion and Amortization 4,689 6,435  
Segment, Expenditure, Addition to Long-Lived Assets 4,295 1,730  
Income (Loss) from Operations 35,666 844  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 35,666 844  
Assets 502,808 539,531  
Property, Plant and Equipment, Net 127,900 130,165  
Goodwill 0 0  
Aerospace and Defense Technologies Member      
Segment Reporting Information [Line Items]      
Revenues 97,151 97,963  
Cost of services and products 79,493 79,160  
Selling, general and administrative expense 6,993 5,995  
Depreciation, Depletion and Amortization 833 603  
Segment, Expenditure, Addition to Long-Lived Assets 600 1,656  
Income (Loss) from Operations 10,665 12,808  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax 10,665 12,808  
Unallocated Expenses [Member]      
Segment Reporting Information [Line Items]      
Depreciation, Depletion and Amortization 2,810 2,776  
Segment, Expenditure, Addition to Long-Lived Assets 42 590  
Unallocated Expense Member      
Segment Reporting Information [Line Items]      
Cost of services and products 27,839 24,520  
Selling, general and administrative expense 16,781 13,481  
Income (Loss) from Operations (44,620) (38,001)  
Interest income 3,644 3,040  
Interest Expense, Operating and Nonoperating (9,075) (9,204)  
Equity in income (losses) of unconsolidated affiliates 362 169  
Other income (expense), net 975 1,480  
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax (48,714) (42,516)  
Subsea Robotics      
Segment Reporting Information [Line Items]      
Assets 493,890 481,678  
Property, Plant and Equipment, Net 208,303 189,037  
Goodwill 23,557 23,537  
Manufactured Products      
Segment Reporting Information [Line Items]      
Assets 345,894 374,368  
Property, Plant and Equipment, Net 61,828 70,198  
Goodwill 0 0  
Integrity Management & Digital Solutions      
Segment Reporting Information [Line Items]      
Assets 128,670 97,940  
Property, Plant and Equipment, Net 16,005 13,544  
Goodwill 16,162 0  
Aerospace and Defense Technologies      
Segment Reporting Information [Line Items]      
Assets 144,178 121,562  
Property, Plant and Equipment, Net 6,805 8,404  
Goodwill 10,454 10,454  
Corporate Segment      
Segment Reporting Information [Line Items]      
Assets 659,583 613,798  
Property, Plant and Equipment, Net 11,094 10,741  
Goodwill $ 0 $ 0