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Note 13 - Segment and Geographic Distribution of Operations (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

(In Thousands)		Three Months Ended								Nine Months Ended
		September 30, 2023				September 30, 2022				September 30, 2023				September 30, 2022
Revenues:
Vessel revenues:
Americas		$	70,717			$	39,122			$	168,780			$	105,086
Asia Pacific			38,994				23,902				83,603				45,161
Middle East			34,685				31,186				97,303				79,800
Europe/Mediterranean			78,929				39,702				149,474				96,096
West Africa			73,650				56,335				199,318				130,155
Other operating revenues			2,287				1,515				8,849				4,640
Total		$	299,262			$	191,762			$	707,327			$	460,938
Vessel operating profit (loss):
Americas		$	12,586			$	2,952			$	26,793			$	8,800
Asia Pacific			14,555				3,260				27,149				4,534
Middle East			(1,143	)			605				(3,144	)			(1,585	)
Europe/Mediterranean			9,576				13,137				19,919				14,970
West Africa			28,392				12,322				71,087				24,807
Other operating profit			806				922				5,844				3,204
			64,772				33,198				147,648				54,730
Corporate expenses			(9,961	)			(13,188	)			(33,011	)			(39,600	)
Long-lived asset impairment and other			—				(1,214	)			—				(714	)
Gain (loss) on asset dispositions, net			863				264				4,483				(826	)
Operating income (loss)		$	55,674			$	19,060			$	119,120			$	13,590
Depreciation and amortization:
Americas		$	11,945			$	7,591			$	28,863			$	22,210
Asia Pacific			3,570				1,518				6,859				4,447
Middle East			6,854				6,384				18,954				18,211
Europe/Mediterranean			24,660				6,792				39,455				20,512
West Africa			10,113				7,720				25,447				21,463
Corporate			588				851				1,586				2,436
Total		$	57,730			$	30,856			$	121,164			$	89,279
Additions to properties and equipment:
Americas		$	935			$	2,386			$	2,496			$	2,924
Asia Pacific			1,179				195				6,838				214
Middle East			728				862				3,146				2,934
Europe/Mediterranean			1,295				815				3,475				1,260
West Africa			225				772				15,960				1,462
Corporate			1,366				1,298				3,484				2,914
Total		$	5,728			$	6,328			$	35,399			$	11,708

(In Thousands)
		September 30, 2023				December 31, 2022
Total assets:
Americas		$	432,961			$	309,985
Asia Pacific			165,373				148,684
Middle East			195,757				197,054
Europe/Mediterranean			673,419				282,670
West Africa			396,861				285,965
Corporate			207,184				73,298
		$	2,071,555			$	1,297,656

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

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-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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