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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net revenues:      
Net revenues $ 846,109 $ 702,000 $ 774,469
Cost of sales:      
Cost of sales 619,059 545,753 605,575
Impairments 177,135 6,564 4,077
Total cost of sales 796,194 552,317 609,652
Gross profit 49,915 149,683 164,817
Goodwill impairment     (16,743)
Non-hedge loss on commodity derivative contracts (10,507)    
Gain (loss) on sale of assets, net (13,476) (6) 9,118
Selling, general and administrative expenses (94,415) (86,637) (106,113)
Income (loss) from operations (68,483) 63,040 51,079
Equity in earnings of investments 8,434 22,215 19,469
Other than temporary loss on equity investments   (10,563) (2,240)
Net interest expense (48,160) (70,181) (65,589)
Loss on early extinguishment of long term debt (17,127) (2,354)  
Other expense, net (625) (1,107) (1,049)
Income (loss) before income taxes (125,961) 1,050 1,670
Income tax provision (benefit) (59,158) (36,806) 19,166
Income (loss) from continuing operations (66,803) 37,856 (17,496)
Income (loss) from discontinued operations, net of tax 23,684 95,221 (106,657)
Net income (loss), including noncontrolling interests (43,119) 133,077 (124,153)
Less net income applicable to noncontrolling interests (3,178) (3,098) (2,835)
Net income (loss) applicable to Helix (46,297) 129,979 (126,988)
Preferred stock dividends (37) (40) (114)
Net income (loss) applicable to Helix common shareholders $ (46,334) $ 129,939 $ (127,102)
Basic earnings (loss) per share of common stock:      
Continuing operations $ (0.67) $ 0.33 $ (0.19)
Discontinued operations $ 0.23 $ 0.90 $ (1.03)
Net income (loss) per common share $ (0.44) $ 1.23 $ (1.22)
Diluted earnings (loss) per share of common stock:      
Continuing operations $ (0.67) $ 0.33 $ (0.19)
Discontinued operations $ 0.23 $ 0.90 $ (1.03)
Net income (loss) per common share $ (0.44) $ 1.23 $ (1.22)
Weighted average common shares outstanding:      
Basic 104,449 104,528 103,857
Diluted 104,449 104,953 103,857