Discontinued Operations

3 Months Ended

Mar. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONSOn March 1, 2018, we closed a series of related transactions that resulted in the disposition of our Offshore Division, consisting of our Offshore Services and Maritech segments. Our former Offshore Division is reported as discontinued operations for all periods presented. Our consolidated balance sheets and consolidated statements of operations report discontinued operations separate from continuing operations. Our consolidated statements of comprehensive income, statements of equity and statements of cash flows combine continuing and discontinued operations. Our loss from discontinued operations for the three months ended March 31, 2023 and 2022 consist of general and administrative expense associated with ongoing litigation for our former Offshore Division. A summary of additional financial information related to our discontinued operations is as follows:

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

(in thousands)

	March 31, 2023
	Offshore Services		Maritech		Total
	(unaudited)
Carrying amounts of major classes of liabilities included as part of discontinued operations
Trade payables	$	319	$	—	$	319
Accrued liabilities and other	500		95		595
Total liabilities associated with discontinued operations	$	819	$	95	$	914

	December 31, 2022
	Offshore Services		Maritech		Total
Carrying amounts of major classes of liabilities included as part of discontinued operations
Trade payables	$	319	$	—	$	319
Accrued liabilities and other	506		95		601
Total liabilities associated with discontinued operations	$	825	$	95	$	920