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Note 12 - Segment and Geographic Distribution of Operations (Tables)

9 Months Ended

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

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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: 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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