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Business Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2011
Business Segment Information [Abstract] |
Summary Of Financial Data By Segment |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
|  |  | (in thousands) |
Revenues — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 738,235 |  |  | $ | 780,339 |  |  | $ | 796,158 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 404,709 |
Oil and Gas |  |  | 696,607 |  |  |  | 425,369 |  |  |  | 385,338 |
Production Facilities(1) |  |  | 75,460 |  |  |  | 117,300 |  |  |  | 3,395 |
Intercompany elimination |  |  | (111,695 | ) |  |  | (123,170 | ) |  |  | (127,913 | )
Total |  | $ | 1,398,607 |  |  | $ | 1,199,838 |  |  | $ | 1,461,687 |
Income (loss) from operations — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 107,013 |  |  | $ | 77,391 |  |  | $ | 118,176 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 59,077 |
Oil and Gas |  |  | 129,936 |  |  |  | (160,206 | ) |  |  | 91,668 |
Production Facilities(1) |  |  | 38,404 |  |  |  | 63,863 |  |  |  | (3,918 | )
Corporate |  |  | (39,918 | ) |  |  | (56,609 | ) |  |  | (47,734 | )
Intercompany elimination |  |  | 93 |  |  |  | (19,095 | ) |  |  | (13,454 | )
Total(2) |  | $ | 235,528 |  |  | $ | (94,656 | ) |  | $ | 203,815 |
Net interest expense and other — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 765 |  |  | $ | 1,299 |  |  | $ | (2,280 | )
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 6,642 |
Oil and Gas |  |  | 25,833 |  |  |  | 18,886 |  |  |  | 20,152 |
Production Facilities |  |  | 442 |  |  |  | 865 |  |  |  | 2,011 |
Corporate and eliminations |  |  | 72,913 |  |  |  | 65,274 |  |  |  | 24,970 |
Total |  | $ | 99,953 |  |  | $ | 86,324 |  |  | $ | 51,495 |
Equity in earnings of equity investments |  | $ | 22,215 |  |  | $ | 19,469 |  |  | $ | 32,329 |
Income (loss) before income taxes — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 97,798 |  |  | $ | 72,459 |  |  | $ | 120,456 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 52,435 |
Oil and Gas |  |  | 104,103 |  |  |  | (179,092 | ) |  |  | 71,516 |
Production Facilities(1) |  |  | 58,064 |  |  |  | 86,100 |  |  |  | 18,300 |
Corporate and eliminations |  |  | (111,985 | ) |  |  | (143,218 | ) |  |  | (715 | )
Total |  | $ | 147,980 |  |  | $ | (163,751 | ) |  | $ | 261,992 |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
|  |  | (in thousands) |
Provision (benefit) for income taxes — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 29,235 |  |  | $ | 42,828 |  |  | $ | 43,334 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 16,275 |
Oil and Gas |  |  | 35,858 |  |  |  | (62,954 | ) |  |  | 23,352 |
Production Facilities |  |  | 19,233 |  |  |  | 29,049 |  |  |  | 6,198 |
Corporate and eliminations |  |  | (69,423 | ) |  |  | (48,521 | ) |  |  | 6,663 |
Total |  | $ | 14,903 |  |  | $ | (39,598 | ) |  | $ | 95,822 |
Identifiable assets — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 2,006,065 |  |  | $ | 1,856,016 |  |  | $ | 1,738,005 |
Oil and Gas |  |  | 1,041,506 |  |  |  | 1,223,014 |  |  |  | 1,541,153 |
Production Facilities |  |  | 534,776 |  |  |  | 512,990 |  |  |  | 499,497 |
Discontinued operations |  |  | — |  |  |  | — |  |  |  | 878 |
Total |  | $ | 3,582,347 |  |  | $ | 3,592,020 |  |  | $ | 3,779,533 |
Capital expenditures — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 69,259 |  |  | $ | 65,949 |  |  | $ | 204,228 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 39,569 |
Oil and Gas |  |  | 119,614 |  |  |  | 84,554 |  |  |  | 137,168 |
Production Facilities |  |  | 30,896 |  |  |  | 56,269 |  |  |  | 42,408 |
Total |  | $ | 219,769 |  |  | $ | 206,772 |  |  | $ | 423,373 |
Depreciation and amortization — |  |  |  |  |  |  |  |  |  |  |  |
Contracting Services |  | $ | 73,291 |  |  | $ | 66,333 |  |  | $ | 53,411 |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 34,243 |
Oil and Gas |  |  | 219,915 |  |  |  | 235,290 |  |  |  | 168,101 |
Production Facilities |  |  | 14,935 |  |  |  | 9,907 |  |  |  | 3,295 |
Corporate and eliminations |  |  | 2,962 |  |  |  | 5,586 |  |  |  | 3,567 |
Total |  | $ | 311,103 |  |  | $ | 317,116 |  |  | $ | 262,617 |
(1) | In April 2009, Kommandor LLC commenced leasing the HP I to us under terms of a charter arrangement following the completion of the initial conversion of the vessel (Note 8). The HP I was certified as a floating oil and gas production unit in June 2010 following the completion of installation of oil and gas processing facilities on the vessel. The HP I participated in the BP oil spill and containment response efforts and is currently being utilized as the processing unit for our Phoenix field.
(2) | Includes $16.7 million of goodwill impairment charge for year ending December 31, 2010 related to our contracting services segment. Also includes approximately $132.6 million, $181.1 million and $120.6 million of asset impairment charges for certain oil and gas properties for the years ended December 31, 2011, 2010 and 2009 respectively.
Summary Of Intercompany Segment Revenues |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
Contracting Services |  | $ | 65,638 |  |  | $ | 109,012 |  |  | $ | 120,048 |
Production Facilities |  |  | 46,057 |  |  |  | 14,158 |  |  |  | — |
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 7,865 |
Total |  | $ | 111,695 |  |  | $ | 123,170 |  |  | $ | 127,913 |
Intercompany Segment Gross Profit (Loss) |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
Contracting Services |  | $ | 104 |  |  | $ | 15,655 |  |  | $ | 13,205 |
Production Facilities |  |  | (197 | ) |  |  | 3,457 |  |  |  | (116 | )
Shelf Contracting |  |  | — |  |  |  | — |  |  |  | 365 |
Total |  | $ | (93 | ) |  | $ | 19,112 |  |  | $ | 13,454 |
Revenue By Individually Significant Country |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
United States |  | $ | 1,013,476 |  |  | $ | 827,597 |  |  | $ | 923,481 |
United Kingdom |  |  | 275,499 |  |  |  | 198,011 |  |  |  | 124,896 |
India |  |  | 44,772 |  |  |  | 56,311 |  |  |  | 233,466 |
Other |  |  | 64,860 |  |  |  | 117,919 |  |  |  | 179,844 |
Total |  | $ | 1,398,607 |  |  | $ | 1,199,838 |  |  | $ | 1,461,687 |
Property And Equipment Net Of Depreciation |
|  |  | Year Ended December 31, |
|  |  | 2011 |  |  |  | 2010 |  |  |  | 2009 |
United States |  | $ | 2,034,978 |  |  | $ | 2,236,455 |  |  | $ | 2,564,673 |
United Kingdom |  |  | 281,430 |  |  |  | 275,012 |  |  |  | 284,637 |
Other |  |  | 14,919 |  |  |  | 15,613 |  |  |  | 14,396 |
Total |  | $ | 2,331,327 |  |  | $ | 2,527,080 |  |  | $ | 2,863,706 |

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