Discontinued Operations (Notes)

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

DISCONTINUED OPERATIONS

    On March 1, 2018, we closed a series of related transactions that resulted in the disposition of our Offshore Division. As a result, we have accounted for our Offshore Division, consisting of our Offshore Services and Maritech segments, as discontinued operations. See Note 8 - “Commitments and Contingencies” for further discussion. A summary of financial information related to our discontinued operations is as follows:

Reconciliation of the Line Items Constituting Pretax Loss from Discontinued Operations to the After-Tax Loss from Discontinued Operations

(in thousands)

	Three Months Ended September 30, 2020						Three Months Ended September 30, 2019
	Offshore Services		Maritech		Total		Offshore Services		Maritech		Total
Major classes of line items constituting pretax loss from discontinued operations
Revenue	$	—	$	—	$	—	$	—	$	—	$	—
Cost of revenues	2		—		2		(273)		—		(273)
Depreciation, amortization, and accretion	—		—		—		52		—		52
General and administrative expense	171		—		171		1,734		—		1,734
Other expense, net	—		—		—		117		—		117
Pretax income (loss) from discontinued operations	(173)		—		(173)		(1,630)		—		(1,630)
Pretax (loss) on disposal of discontinued operations					—						(7,500)
Total pretax (loss) from discontinued operations					(173)						(9,130)
Income tax provision (benefit)					—						—
Total (loss) from discontinued operations					$	(173)					$	(9,130)

	Nine Months Ended September 30, 2020						Nine Months Ended September 30, 2019
	Offshore Services		Maritech		Total		Offshore Services		Maritech		Total
Major classes of line items constituting pretax loss from discontinued operations
Revenue	$	—	$	—	$	—	$	—	$	—	$	—
Cost of revenues	(332)		—		(332)		(251)		—		(251)
Depreciation, amortization, and accretion	—		—		—		52		—		52
General and administrative expense	487		—		487		2,483		—		2,483
Other expense, net	—		—		—		117		—		117
Pretax (loss) from discontinued operations	(155)		—		(155)		(2,401)		—		(2,401)
Pretax (loss) on disposal of discontinued operations					—						(7,500)
Total pretax (loss) from discontinued operations					(155)						(9,901)
Income tax provision (benefit)					—						—
Total (loss) from discontinued operations					$	(155)					$	(9,901)

Reconciliation of Major Classes of Assets and Liabilities of the Discontinued Operations to Amounts Presented Separately in the Statement of Financial Position

(in thousands)

	September 30, 2020						December 31, 2019
	Offshore Services		Maritech		Total		Offshore Services		Maritech		Total
Carrying amounts of major classes of assets included as part of discontinued operations
Trade receivables	$	—	$	—	$	—	$	—	$	—	$	—
Other current assets	—		—		—		—		—		—
Assets of discontinued operations	$	—	$	—	$	—	$	—	$	—	$	—
Carrying amounts of major classes of liabilities included as part of discontinued operations
Trade payables	$	1,223	$	—	$	1,223	$	1,233	$	—	$	1,233
Accrued liabilities	401		228		629		745		120		865
Liabilities of discontinued operations	$	1,624	$	228	$	1,852	$	1,978	$	120	$	2,098