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v3.24.2

Business Segments - Schedule of Segment Reporting (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Segment Reporting Information [Line Items] |  |  |  |
Revenues |  | $ 424,060 | $ 361,924 | $ 322,448
Depreciation and amortization |  | 30,324 | 29,421 | 30,381
Operating income (loss) |  | 5,280 | 454 | (125,335)
Corporate |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation and amortization | [1] | 2,860 | 4,480 | 4,534
Operating income (loss) | [1] | (32,501) | (31,105) | (66,525)
Subsea Products |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues |  | 198,321 | 194,252 | 168,363
Operating income (loss) |  | 8,522 | 8,917 | (21,863)
Subsea Products | Segment depreciation and amortization |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation and amortization |  | 6,694 | 7,691 | 7,168
Subsea Services |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues |  | 101,264 | 94,186 | 85,875
Operating income (loss) |  | 18,411 | 8,374 | (22,370)
Subsea Services | Segment depreciation and amortization |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation and amortization |  | 10,259 | 10,876 | 12,138
Well construction |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues |  | 124,475 | 73,486 | 68,210
Operating income (loss) |  | 10,848 | 14,268 | (14,577)
Well construction | Segment depreciation and amortization |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation and amortization |  | $ 10,511 | $ 6,374 | $ 6,541
[1] | Corporate includes the expenses and assets of the Company’s corporate office functions, legal and other administrative expenses that are managed at a consolidated level.

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