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Operating Segments (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Summarized Segment Financial Information | Summarized financial information for our segments as of June 30, 2022 and 2021, and for the three and six months ended June 30, 2022 and 2021, is as follows (in thousands):
|  | Three Months Ended June 30, 2022 |
|  | Services |  |  | Fabrication |  |  | Shipyard |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 22,180 |  |  | $ | 10,839 |  |  | $ | 2,968 |  |  | $ | (85 | ) |  | $ | 35,902 |
Gross profit (loss) |  |  | 3,204 |  |  |  | (1,369 | ) |  |  | (163 | ) |  |  | — |  |  |  | 1,672 |
Operating income (loss) |  |  | 2,335 |  |  |  | 1,600 |  |  |  | (1,384 | ) |  |  | (2,018 | ) |  |  | 533 |
Depreciation and amortization expense |  |  | 386 |  |  |  | 813 |  |  |  | — |  |  |  | 74 |  |  |  | 1,273 |
Capital expenditures |  |  | — |  |  |  | 34 |  |  |  | — |  |  |  | — |  |  |  | 34 |
Total assets(1) |  |  | 33,670 |  |  |  | 33,392 |  |  |  | 17,137 |  |  |  | 48,801 |  |  |  | 133,000 |
|  | Six Months Ended June 30, 2022 |
|  | Services |  |  | Fabrication |  |  | Shipyard |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 42,844 |  |  | $ | 16,456 |  |  | $ | 5,465 |  |  | $ | (177 | ) |  | $ | 64,588 |
Gross profit (loss) |  |  | 5,132 |  |  |  | (3,390 | ) |  |  | (490 | ) |  |  | — |  |  |  | 1,252 |
Operating income (loss) |  |  | 3,522 |  |  |  | (1,333 | ) |  |  | (2,572 | ) |  |  | (4,066 | ) |  |  | (4,449 | )
Depreciation and amortization expense |  |  | 746 |  |  |  | 1,629 |  |  |  | — |  |  |  | 149 |  |  |  | 2,524 |
Capital expenditures |  |  | 318 |  |  |  | 156 |  |  |  | — |  |  |  | — |  |  |  | 474 |
Total assets(1) |  |  | 33,670 |  |  |  | 33,392 |  |  |  | 17,137 |  |  |  | 48,801 |  |  |  | 133,000 |
|  | Three Months Ended June 30, 2021 |
|  | Services |  |  | Fabrication |  |  | Shipyard |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 10,278 |  |  | $ | 11,242 |  |  | $ | 3,129 |  |  | $ | (381 | ) |  | $ | 24,268 |
Gross profit (loss) |  |  | 1,598 |  |  |  | 706 |  |  |  | (1,005 | ) |  |  | (78 | ) |  |  | 1,221 |
Operating income (loss) |  |  | 1,292 |  |  |  | 427 |  |  |  | (1,064 | ) |  |  | (2,142 | ) |  |  | (1,487 | )
Depreciation and amortization expense |  |  | 141 |  |  |  | 860 |  |  |  | — |  |  |  | 81 |  |  |  | 1,082 |
Capital expenditures |  |  | — |  |  |  | 419 |  |  |  | — |  |  |  | — |  |  |  | 419 |
Total assets(1) |  |  | 11,302 |  |  |  | 36,005 |  |  |  | 17,524 |  |  |  | 84,241 |  |  |  | 149,072 |
|  | Six Months Ended June 30, 2021 |
|  | Services |  |  | Fabrication |  |  | Shipyard |  |  | Corporate |  |  | Consolidated |
Revenue |  | $ | 17,784 |  |  | $ | 22,978 |  |  | $ | 8,259 |  |  | $ | (968 | ) |  | $ | 48,053 |
Gross profit (loss) |  |  | 2,162 |  |  |  | 1,187 |  |  |  | (1,937 | ) |  |  | (166 | ) |  |  | 1,246 |
Operating income (loss) |  |  | 1,565 |  |  |  | 1,073 |  |  |  | (2,269 | ) |  |  | (4,089 | ) |  |  | (3,720 | )
Depreciation and amortization expense |  |  | 298 |  |  |  | 1,691 |  |  |  | — |  |  |  | 160 |  |  |  | 2,149 |
Capital expenditures |  |  | — |  |  |  | 579 |  |  |  | — |  |  |  | — |  |  |  | 579 |
Total assets(1) |  |  | 11,302 |  |  |  | 36,005 |  |  |  | 17,524 |  |  |  | 84,241 |  |  |  | 149,072 |
| (1) | Cash and short-term investments are reported within our Corporate Division.

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- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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