XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

Operating Segments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Segment Reporting [Abstract] |
Summarized Segment Financial Information | Summarized financial information for our segments as of and for the three and nine months ended September 30, 2020 and 2019, are as follows (in thousands):
|  | Three Months Ended September 30, 2020 |
|  | Shipyard |  |  | F&S |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 37,078 |  |  | $ | 18,237 |  |  | $ | (446 | ) |  | $ | 54,869 |
Gross loss |  |  | (7,504 | ) |  |  | (313 | ) |  |  | — |  |  |  | (7,817 | )
Operating loss |  |  | (9,244 | ) |  |  | (1,127 | ) |  |  | (1,868 | ) |  |  | (12,239 | )
Depreciation and amortization expense |  |  | 819 |  |  |  | 1,280 |  |  |  | 77 |  |  |  | 2,176 |
Capital expenditures |  |  | 402 |  |  |  | 2,033 |  |  |  | 11 |  |  |  | 2,446 |
Total assets |  |  | 125,995 |  |  |  | 69,084 |  |  |  | 67,297 |  |  |  | 262,376 |
|  | Nine Months Ended September 30, 2020 |
|  | Shipyard |  |  | F&S |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 116,525 |  |  | $ | 78,286 |  |  | $ | (1,413 | ) |  | $ | 193,398 |
Gross profit (loss) |  |  | (9,959 | ) |  |  | 185 |  |  |  | — |  |  |  | (9,774 | )
Operating income (loss) |  |  | (12,867 | ) |  |  | 7,644 |  |  |  | (6,506 | ) |  |  | (11,729 | )
Depreciation and amortization expense |  |  | 2,408 |  |  |  | 3,826 |  |  |  | 229 |  |  |  | 6,463 |
Capital expenditures |  |  | 6,144 |  |  |  | 3,857 |  |  |  | 190 |  |  |  | 10,191 |
Total assets |  |  | 125,995 |  |  |  | 69,084 |  |  |  | 67,297 |  |  |  | 262,376 |
|  | Three Months Ended September 30, 2019 |
|  | Shipyard(1) |  |  | F&S(1) |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 43,323 |  |  | $ | 32,681 |  |  | $ | (202 | ) |  | $ | 75,802 |
Gross loss |  |  | (2,402 | ) |  |  | (218 | ) |  |  | (65 | ) |  |  | (2,685 | )
Operating loss |  |  | (3,349 | ) |  |  | (1,255 | ) |  |  | (2,324 | ) |  |  | (6,928 | )
Depreciation and amortization expense |  |  | 992 |  |  |  | 1,202 |  |  |  | 96 |  |  |  | 2,290 |
Capital expenditures |  |  | 326 |  |  |  | 305 |  |  |  | — |  |  |  | 631 |
Total assets |  |  | 111,015 |  |  |  | 89,816 |  |  |  | 76,334 |  |  |  | 277,165 |
|  | Nine Months Ended September 30, 2019 |
|  | Shipyard(1) |  |  | F&S(1) |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 120,787 |  |  | $ | 103,926 |  |  | $ | (850 | ) |  | $ | 223,863 |
Gross profit (loss) |  |  | (5,594 | ) |  |  | 2,211 |  |  |  | (347 | ) |  |  | (3,730 | )
Operating loss |  |  | (7,817 | ) |  |  | (989 | ) |  |  | (6,788 | ) |  |  | (15,594 | )
Depreciation and amortization expense |  |  | 3,148 |  |  |  | 3,797 |  |  |  | 319 |  |  |  | 7,264 |
Capital expenditures |  |  | 1,060 |  |  |  | 930 |  |  |  | — |  |  |  | 1,990 |
Total assets |  |  | 111,015 |  |  |  | 89,816 |  |  |  | 76,334 |  |  |  | 277,165 |
__________________
| (1) | Revenue of $3.9 million and $7.2 million for the three and nine months ended September 30, 2019 associated with our two, forty-vehicle ferry projects was reclassified from our former Fabrication Division to our Shipyard Division to conform to the presentation of these projects for 2020. The projects had no significant gross profit for 2019.

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration