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Note 12 - Segment and Geographic Distribution of Operations (Tables) | 9 Months Ended
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Sep. 30, 2024
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
(In Thousands) |  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2024 |  |  | September 30, 2023 |  |  | September 30, 2024 |  |  | September 30, 2023 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 64,606 |  |  | $ | 70,717 |  |  | $ | 201,689 |  |  | $ | 168,780 |
Asia Pacific |  |  | 56,283 |  |  |  | 38,994 |  |  |  | 159,285 |  |  |  | 83,603 |
Middle East |  |  | 36,947 |  |  |  | 34,685 |  |  |  | 111,415 |  |  |  | 97,303 |
Europe/Mediterranean |  |  | 85,325 |  |  |  | 78,929 |  |  |  | 248,972 |  |  |  | 149,474 |
West Africa |  |  | 95,324 |  |  |  | 73,650 |  |  |  | 272,813 |  |  |  | 199,318 |
Other operating revenues |  |  | 1,871 |  |  |  | 2,287 |  |  |  | 6,576 |  |  |  | 8,849 |
Total |  | $ | 340,356 |  |  | $ | 299,262 |  |  | $ | 1,000,750 |  |  | $ | 707,327 |
Vessel operating profit (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 13,299 |  |  | $ | 12,586 |  |  | $ | 43,573 |  |  | $ | 26,793 |
Asia Pacific |  |  | 15,292 |  |  |  | 14,555 |  |  |  | 47,070 |  |  |  | 27,149 |
Middle East |  |  | (900 | ) |  |  | (1,143 | ) |  |  | (1,213 | ) |  |  | (3,144 | )
Europe/Mediterranean |  |  | 12,363 |  |  |  | 9,576 |  |  |  | 42,249 |  |  |  | 19,919 |
West Africa |  |  | 43,526 |  |  |  | 28,392 |  |  |  | 122,275 |  |  |  | 71,087 |
Other operating profit |  |  | 970 |  |  |  | 806 |  |  |  | 3,709 |  |  |  | 5,844 |
|  |  | 84,550 |  |  |  | 64,772 |  |  |  | 257,663 |  |  |  | 147,648 |
Corporate expenses |  |  | (14,655 | ) |  |  | (9,961 | ) |  |  | (40,782 | ) |  |  | (33,011 | )
Gain on asset dispositions, net |  |  | 51 |  |  |  | 863 |  |  |  | 13,090 |  |  |  | 4,483 |
Operating income |  | $ | 69,946 |  |  | $ | 55,674 |  |  | $ | 229,971 |  |  | $ | 119,120 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 11,082 |  |  | $ | 11,945 |  |  | $ | 33,438 |  |  | $ | 28,863 |
Asia Pacific |  |  | 4,824 |  |  |  | 3,570 |  |  |  | 13,366 |  |  |  | 6,859 |
Middle East |  |  | 7,871 |  |  |  | 6,854 |  |  |  | 22,959 |  |  |  | 18,954 |
Europe/Mediterranean |  |  | 23,918 |  |  |  | 24,660 |  |  |  | 67,795 |  |  |  | 39,455 |
West Africa |  |  | 13,979 |  |  |  | 10,113 |  |  |  | 38,322 |  |  |  | 25,447 |
Corporate |  |  | 761 |  |  |  | 588 |  |  |  | 2,270 |  |  |  | 1,586 |
Total |  | $ | 62,435 |  |  | $ | 57,730 |  |  | $ | 178,150 |  |  | $ | 121,164 |
Additions to properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 594 |  |  | $ | 935 |  |  | $ | 5,577 |  |  | $ | 2,496 |
Asia Pacific |  |  | 695 |  |  |  | 1,179 |  |  |  | 1,754 |  |  |  | 6,838 |
Middle East |  |  | (53 | ) |  |  | 728 |  |  |  | 1,253 |  |  |  | 3,146 |
Europe/Mediterranean |  |  | 3,128 |  |  |  | 1,295 |  |  |  | 9,850 |  |  |  | 3,475 |
West Africa |  |  | 356 |  |  |  | 225 |  |  |  | 1,937 |  |  |  | 15,960 |
Corporate |  |  | 992 |  |  |  | 1,366 |  |  |  | 2,675 |  |  |  | 3,484 |
Total |  | $ | 5,712 |  |  | $ | 5,728 |  |  | $ | 23,046 |  |  | $ | 35,399 |
(In Thousands) |  |  |  |  |  |  |  |
|  | September 30, 2024 |  |  | December 31, 2023 |
Total assets: |  |  |  |  |  |  |  |
Americas |  | $ | 353,495 |  |  | $ | 418,151 |
Asia Pacific |  |  | 180,786 |  |  |  | 167,085 |
Middle East |  |  | 176,428 |  |  |  | 191,927 |
Europe/Mediterranean |  |  | 686,748 |  |  |  | 671,626 |
West Africa |  |  | 477,509 |  |  |  | 421,054 |
Corporate |  |  | 172,165 |  |  |  | 192,931 |
|  | $ | 2,047,131 |  |  | $ | 2,062,774 |

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