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Note 12 - Segment and Geographic Distribution of Operations (Tables) | 3 Months Ended
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Mar. 31, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Americas: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 54,852 |  |  | $ | 63,941 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 17,440 |  |  |  | 24,062 |
Repair and maintenance |  |  | 4,266 |  |  |  | 4,534 |
Insurance |  |  | 571 |  |  |  | 494 |
Fuel, lube and supplies |  |  | 2,617 |  |  |  | 4,522 |
Other |  |  | 10,129 |  |  |  | 5,928 |
Total vessel operating costs |  |  | 35,023 |  |  |  | 39,540 |
General and administrative expense |  |  | 3,542 |  |  |  | 3,332 |
Depreciation and amortization |  |  | 11,392 |  |  |  | 10,943 |
Vessel operating profit |  |  | 4,895 |  |  |  | 10,126 |
Additions to properties and equipment |  | $ | 1,933 |  |  | $ | 3,495 |
Total assets |  | $ | 354,153 |  |  | $ | 388,140 |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Asia Pacific: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 48,228 |  |  | $ | 47,781 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 20,331 |  |  |  | 19,306 |
Repair and maintenance |  |  | 2,270 |  |  |  | 2,769 |
Insurance |  |  | 324 |  |  |  | 273 |
Fuel, lube and supplies |  |  | 1,767 |  |  |  | 1,937 |
Other |  |  | 2,118 |  |  |  | 2,491 |
Total vessel operating costs |  |  | 26,810 |  |  |  | 26,776 |
General and administrative expense |  |  | 2,420 |  |  |  | 2,126 |
Depreciation and amortization |  |  | 5,318 |  |  |  | 4,032 |
Vessel operating profit |  |  | 13,680 |  |  |  | 14,847 |
Additions to properties and equipment |  | $ | 592 |  |  | $ | 194 |
Total assets |  | $ | 162,329 |  |  | $ | 193,734 |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Middle East: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 43,302 |  |  | $ | 37,932 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 13,280 |  |  |  | 13,270 |
Repair and maintenance |  |  | 4,100 |  |  |  | 4,508 |
Insurance |  |  | 529 |  |  |  | 420 |
Fuel, lube and supplies |  |  | 2,039 |  |  |  | 2,304 |
Other |  |  | 4,588 |  |  |  | 6,006 |
Total vessel operating costs |  |  | 24,536 |  |  |  | 26,508 |
General and administrative expense |  |  | 2,937 |  |  |  | 2,622 |
Depreciation and amortization |  |  | 7,266 |  |  |  | 7,273 |
Vessel operating profit |  |  | 8,563 |  |  |  | 1,529 |
Additions to properties and equipment |  | $ | 854 |  |  | $ | 834 |
Total assets |  | $ | 188,242 |  |  | $ | 183,945 |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Europe Mediterranean: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 78,205 |  |  | $ | 80,381 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 27,111 |  |  |  | 26,282 |
Repair and maintenance |  |  | 6,711 |  |  |  | 5,493 |
Insurance |  |  | 848 |  |  |  | 756 |
Fuel, lube and supplies |  |  | 3,147 |  |  |  | 4,094 |
Other |  |  | 4,738 |  |  |  | 4,359 |
Total vessel operating costs |  |  | 42,555 |  |  |  | 40,984 |
General and administrative expense |  |  | 3,663 |  |  |  | 3,202 |
Depreciation and amortization |  |  | 24,609 |  |  |  | 21,438 |
Vessel operating profit |  |  | 7,378 |  |  |  | 14,757 |
Additions to properties and equipment |  | $ | 1,314 |  |  | $ | 5,493 |
Total assets |  | $ | 635,046 |  |  | $ | 669,886 |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
West Africa: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 106,112 |  |  | $ | 88,651 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 18,951 |  |  |  | 19,432 |
Repair and maintenance |  |  | 4,607 |  |  |  | 4,044 |
Insurance |  |  | 762 |  |  |  | 637 |
Fuel, lube and supplies |  |  | 4,808 |  |  |  | 4,461 |
Other |  |  | 6,927 |  |  |  | 5,174 |
Total vessel operating costs |  |  | 36,055 |  |  |  | 33,748 |
General and administrative expense |  |  | 2,546 |  |  |  | 2,055 |
Depreciation and amortization |  |  | 15,898 |  |  |  | 11,838 |
Vessel operating profit |  |  | 51,613 |  |  |  | 41,010 |
Additions to properties and equipment |  | $ | 12,832 |  |  | $ | 211 |
Total assets |  | $ | 528,421 |  |  | $ | 438,677 |
(In Thousands) |  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
World Wide: |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |
Vessel revenues |  | $ | 330,699 |  |  | $ | 318,686 |
Other operating revenues |  |  | 2,745 |  |  |  | 2,478 |
Total revenue |  |  | 333,444 |  |  |  | 321,164 |
Vessel operating costs: |  |  |  |  |  |  |  |
Crew costs |  |  | 97,113 |  |  |  | 102,352 |
Repair and maintenance |  |  | 21,954 |  |  |  | 21,348 |
Insurance |  |  | 3,034 |  |  |  | 2,580 |
Fuel, lube and supplies |  |  | 14,378 |  |  |  | 17,318 |
Other |  |  | 28,500 |  |  |  | 23,958 |
Total vessel operating costs |  |  | 164,979 |  |  |  | 167,556 |
Costs of other operating revenues |  |  | 1,430 |  |  |  | 1,150 |
General and administrative expense |  |  | 15,108 |  |  |  | 13,337 |
Depreciation and amortization |  |  | 64,483 |  |  |  | 55,524 |
Operating profit |  |  | 87,444 |  |  |  | 83,597 |
Corporate expenses |  |  | (14,935 | ) |  |  | (12,738 | )
Gain on asset dispositions, net |  |  | 2,538 |  |  |  | 11,039 |
Operating income |  |  | 75,047 |  |  |  | 81,898 |
Segment additions to properties and equipment |  | $ | 17,525 |  |  | $ | 10,227 |
Corporate additions to properties and equipment |  |  | 1,839 |  |  |  | 715 |
Total additions to properties and equipment |  | $ | 19,364 |  |  | $ | 10,942 |
Segment assets |  | $ | 1,868,191 |  |  | $ | 1,874,382 |
Corporate assets |  |  | 197,975 |  |  |  | 203,434 |
Total assets |  | $ | 2,066,166 |  |  | $ | 2,077,816 |

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- 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 + Details
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