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Quarterly Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
|  | Quarter Ended |
|  | March 31, |  | June 30, |  | September 30, |  | December 31, |
2012 |  |  |  |  |  |  |  |  |
Net revenues (1) | $ | 229,842 | $ | 197,461 | $ | 217,110 | $ | 201,696 |
Gross profit (loss) (2) |  | 72,483 |  | 28,438 |  | 57,919 |  | (108,925) |
Net income (loss) |  | 65,737 |  | 44,651 |  | 14,875 |  | (171,560) |
Net income (loss) applicable to common shareholders: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 16,874 | $ | 2,425 | $ | 10,362 | $ | (99,679) |
Income (loss) from discontinued operations (3) |  | 48,853 |  | 42,216 |  | 4,503 |  | (71,888) |
Net income (loss) applicable to common shareholders | $ | 65,727 | $ | 44,641 | $ | 14,865 | $ | (171,567) |
Basic earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 0.16 | $ | 0.02 | $ | 0.10 | $ | (0.95) |
Income (loss) from discontinued operations |  | 0.46 |  | 0.40 |  | 0.04 |  | (0.69) |
Basic earnings (loss) per common share | $ | 0.62 | $ | 0.42 | $ | 0.14 | $ | (1.64) |
Diluted earnings (loss) per common share: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 0.16 | $ | 0.02 | $ | 0.10 | $ | (0.95) |
Income (loss) from discontinued operations |  | 0.46 |  | 0.40 |  | 0.04 |  | (0.69) |
Diluted earnings (loss) per common share | $ | 0.62 | $ | 0.42 | $ | 0.14 | $ | (1.64) |
|  | Quarter Ended |
|  | March 31, |  | June 30, |  | September 30, |  | December 31, |
2011 |  |  |  |  |  |  |  |  |
Net revenues (4) | $ | 122,748 | $ | 165,861 | $ | 213,278 | $ | 200,113 |
Gross profit (5) |  | 14,395 |  | 44,043 |  | 64,972 |  | 26,273 |
Net income (6) |  | 25,867 |  | 41,323 |  | 46,026 |  | 16,763 |
Net income applicable to common shareholders: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (9,315) | $ | 10,547 | $ | 15,999 | $ | 17,487 |
Income (loss) from discontinued operations |  | 35,172 |  | 30,766 |  | 30,017 |  | (734) |
Net income applicable to common shareholders | $ | 25,857 | $ | 41,313 | $ | 46,016 | $ | 16,753 |
Basic earnings per common share: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (0.09) | $ | 0.10 | $ | 0.15 | $ | 0.17 |
Income (loss) from discontinued operations |  | 0.33 |  | 0.29 |  | 0.28 |  | (0.01) |
Basic earnings per common share | $ | 0.24 | $ | 0.39 | $ | 0.43 | $ | 0.16 |
Diluted earnings per common share: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (0.09) | $ | 0.10 | $ | 0.15 | $ | 0.17 |
Income (loss) from discontinued operations |  | 0.33 |  | 0.29 |  | 0.29 |  | (0.01) |
Diluted earnings per common share | $ | 0.24 | $ | 0.39 | $ | 0.44 | $ | 0.16 |
(1) Excludes revenues from discontinued operatio ns of $178.1 million, $149.9 million, $119.1 million and $110.1 million for the quarters ended March 31, June 30, September 30 and December 3 1, 2012. (2) Excludes gross profit (loss) from discontinued operations of $89.2 million, $64.8 million, $27.8 million and $(102.6) million for the quarters ended March 31, June 30, September 30 and December 31, 2012. Includes impairment charges totalin g $14.6 million in th e second quarter of 2012, $4.6 million in the third quarter of 2012 and $158.0 million in the fourth quarter of 2012 (Note 2). (3) Our net loss in the fourth quarter of 2012 includes a $138.6 million impairment charge associated with the sale of ERT (Note 3). (4) Excludes revenues from discontinued operation s of $168.9 million, $172.5 million, $159.2 million and $196.1 million for the quarters ended March 31, June 30, Septem ber 30 and December 31, 2011. (5) Excludes gross profit from discontinued oper ations of $62.7 million, $56.2 million, $57.3 million and $4.8 million for the quarters ended March 31, June 30, September 30 and December 31, 2011. The fourth quarter includes a $6.6 million impairment charge to reduce our Australian well intervention equipment to its estimated fair value at December 31, 2011. (6) Our net income in the fourth quarter of 2011 includes a $10.6 million other than temporary impairment loss on our equity investment in our Australian joint venture (Note 5). The fourth quarter also includes a $31.3 million tax benefit related to reorganization of our Australian well intervention operations.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 + Details
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