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Business Segment Information
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information 
 
We have three reportable business segments: Well Intervention, Robotics and Production Facilities. Our Well Intervention segment includes our vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Our well intervention vessels include the Q4000, the Helix 534, the Seawell, the Well Enhancer and the Skandi Constructor, which is a chartered vessel. We are currently constructing two additional well intervention vessels, the Q5000 and the Q7000. We have also contracted to charter two newbuild vessels, which are expected to be delivered in 2016 and used in connection with our contracts to provide well intervention services offshore Brazil. Our Robotics segment includes ROVs, trenchers and ROVDrills designed to complement offshore construction and well intervention services, and will operate five chartered ROV and trencher support vessels following the delivery of the Grand Canyon II in late April 2015. The Production Facilities segment includes the HP I as well as our investments in Deepwater Gateway and Independence Hub that are accounted for under the equity method. The results of our Subsea Construction segment are immaterial and thus no longer meet the threshold to be separately reported as a business segment. These results are now aggregated within “Other” for all periods presented in this Quarterly Report on Form 10-Q. All material intercompany transactions between the segments have been eliminated.
 
We evaluate our performance based on operating income and income before income taxes of each segment. Segment assets are comprised of all assets attributable to each reportable segment. Corporate and other includes all assets not directly identifiable with our business segments. Certain financial data by reportable segment are summarized as follows (in thousands): 
 
Three Months Ended
March 31,
 
2015
 
2014
Net revenues —
 
 
 
Well Intervention
$
104,051

 
$
159,700

Robotics
80,171

 
87,890

Production Facilities
18,385

 
23,140

Other
—

 
358

Intercompany elimination
(12,966
)
 
(17,516
)
Total
$
189,641

 
$
253,572

 
 
 
 
Income (loss) from operations —
 

 
 

Well Intervention
$
14,794

 
$
48,733

Robotics
9,457

 
11,219

Production Facilities
4,578

 
11,384

Corporate and other
(6,607
)
 
(3,190
)
Intercompany elimination
106

 
(1,198
)
Total
$
22,328

 
$
66,948

 
 
 
 
Equity in earnings of equity investments
$
21

 
$
708



Intercompany segment amounts are derived primarily from equipment and services provided to other business segments at rates consistent with those charged to third parties. Intercompany segment revenues are as follows (in thousands): 
 
Three Months Ended
March 31,
 
2015
 
2014
 
 
 
 
Well Intervention
$
4,946

 
$
5,461

Robotics
8,020

 
12,055

Total
$
12,966

 
$
17,516

 
Intercompany segment profits (losses) (which losses only relate to intercompany capital projects) are as follows (in thousands): 
 
Three Months Ended
March 31,
 
2015
 
2014
 
 
 
 
Well Intervention
$
(86
)
 
$
(62
)
Robotics
24

 
1,304

Production Facilities
(44
)
 
(44
)
Total
$
(106
)
 
$
1,198


 
The following table reflects total assets by reportable segment (in thousands): 
 
March 31, 2015
 
December 31, 2014
 
 
 
 
Well Intervention
$
1,486,347

 
$
1,470,349

Robotics
296,525

 
299,701

Production Facilities
452,582

 
459,427

Corporate and other
412,870

 
471,221

Total
$
2,648,324

 
$
2,700,698