Operating Results, Capital Expenditures And Assets By Reporting Segment | The following tables summarize the operating results, capital expenditures and assets of the Company's reportable segments. Offshore Marine Services $’000 Inland River Services $’000 Shipping Services $’000 ICP $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the three months ended June 30, 2015 Operating Revenues: External customers 96,689 60,543 55,674 48,371 20,332 — 281,609 Intersegment 26 607 — — 5 (638 ) — 96,715 61,150 55,674 48,371 20,337 (638 ) 281,609 Costs and Expenses: Operating 72,173 48,556 36,124 40,588 11,103 (801 ) 207,743 Administrative and general 12,655 3,765 6,676 509 6,617 8,452 38,674 Depreciation and amortization 15,692 7,362 6,611 979 489 946 32,079 100,520 59,683 49,411 42,076 18,209 8,597 278,496 Gains (Losses) on Asset Dispositions 3,455 1,166 — — (235 ) — 4,386 Operating Income (Loss) (350 ) 2,633 6,263 6,295 1,893 (9,235 ) 7,499 Other Income (Expense): Derivative gains, net 4 177 — 50 304 891 1,426 Foreign currency gains, net 1,907 208 9 — 36 276 2,436 Other, net 43 — 187 4,112 40 51 4,433 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax 2,826 (3,717 ) 2,363 — (408 ) — 1,064 Segment Profit (Loss) 4,430 (699 ) 8,822 10,457 1,865 Other Income (Expense) not included in Segment Profit (25,204 ) Less Equity Earnings included in Segment Profit (1,064 ) Loss Before Taxes and Equity Earnings (9,410 ) Offshore Marine Services $’000 Inland River Services $’000 Shipping Services $’000 ICP (1)(2) $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the six months ended June 30, 2015 Operating Revenues: External customers 190,110 116,379 107,081 87,969 40,714 — 542,253 Intersegment 61 1,378 — — 75 (1,514 ) — 190,171 117,757 107,081 87,969 40,789 (1,514 ) 542,253 Costs and Expenses: Operating 146,528 90,069 73,255 73,706 24,933 (1,600 ) 406,891 Administrative and general 26,214 7,649 12,965 1,071 13,753 15,909 77,561 Depreciation and amortization 31,058 14,251 13,346 1,959 989 1,906 63,509 203,800 111,969 99,566 76,736 39,675 16,215 547,961 Gains (Losses) on Asset Dispositions and Impairments, Net (3,194 ) 2,969 — — (235 ) — (460 ) Operating Income (Loss) (16,823 ) 8,757 7,515 11,233 879 (17,729 ) (6,168 ) Other Income (Expense): Derivative gains (losses), net (5 ) 259 — (778 ) (472 ) (574 ) (1,570 ) Foreign currency gains (losses), net 1,890 (913 ) (3 ) — (4 ) (527 ) 443 Other, net (103 ) — 216 4,112 48 116 4,389 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax 5,801 (3,991 ) 3,504 — (351 ) — 4,963 Segment Profit (Loss) (9,240 ) 4,112 11,232 14,567 100 Other Income (Expense) not included in Segment Profit (Loss) (40,258 ) Less Equity Earnings included in Segment Profit (Loss) (4,963 ) Loss Before Taxes and Equity Earnings (43,164 ) Capital Expenditures 53,118 12,702 63,421 2,519 26 342 132,128 As of June 30, 2015 Property and Equipment: Historical cost 1,072,937 492,508 454,076 47,256 3,146 30,386 2,100,309 Accumulated depreciation (525,937 ) (169,677 ) (226,127 ) (17,447 ) (2,901 ) (12,842 ) (954,931 ) 547,000 322,831 227,949 29,809 245 17,544 1,145,378 Construction in progress 103,992 27,352 264,191 3,237 — 261 399,033 650,992 350,183 492,140 33,046 245 17,805 1,544,411 Investments, at Equity, and Advances to 50% or Less Owned Companies 126,601 100,700 206,889 — 48,112 — 482,302 Inventories 5,583 2,085 878 11,190 — — 19,736 Goodwill 13,367 2,500 1,852 — 44,967 — 62,686 Intangible Assets 1,113 6,461 — — 23,168 — 30,742 Other current and long-term assets, excluding cash and near cash assets (3) 103,444 70,975 32,208 10,345 61,592 20,670 299,234 Segment Assets 901,100 532,904 733,967 54,581 178,084 Cash and near cash assets (3) 738,369 Total Assets 3,177,480 ______________________ (1) Operating revenues includes $82.3 million of tangible product sales and operating expenses includes $68.0 million of costs of goods sold. (2) Inventories includes raw materials of $1.7 million and work in process of $1.6 million . (3) Cash and near cash assets includes cash, cash equivalents, marketable securities, and construction reserve funds. Offshore Marine Services $’000 Inland River Services $’000 Shipping Services $’000 ICP $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the three months ended June 30, 2014 Operating Revenues: External customers 138,214 55,200 53,575 72,798 8,437 — 328,224 Intersegment 33 807 — — — (840 ) — 138,247 56,007 53,575 72,798 8,437 (840 ) 328,224 Costs and Expenses: Operating 93,755 45,047 28,018 56,429 9,464 (807 ) 231,906 Administrative and general 13,426 3,835 5,421 594 3,449 7,961 34,686 Depreciation and amortization 16,448 7,564 7,115 1,010 82 1,001 33,220 123,629 56,446 40,554 58,033 12,995 8,155 299,812 Gains (Losses) on Asset Dispositions and Impairments, Net 3,526 810 (41 ) — — — 4,295 Operating Income (Loss) 18,144 371 12,980 14,765 (4,558 ) (8,995 ) 32,707 Other Income (Expense): Derivative gains (losses), net (70 ) — — (1,519 ) 1,500 183 94 Foreign currency gains (losses), net 1,322 474 1 — 53 (130 ) 1,720 Other, net 14,739 — 158 300 (5,013 ) 29 10,213 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax 2,244 (3,335 ) 1,564 — (985 ) — (512 ) Segment Profit (Loss) 36,379 (2,490 ) 14,703 13,546 (9,003 ) Other Income (Expense) not included in Segment Profit (Loss) (3,697 ) Less Equity Earnings included in Segment Profit (Loss) 512 Income Before Taxes and Equity Earnings 41,037 Offshore Marine Services $’000 Inland River Services $’000 Shipping Services $’000 ICP (1)(2) $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the six months ended June 30, 2014 Operating Revenues: External customers 267,171 112,211 105,976 131,454 21,429 — 638,241 Intersegment 77 1,755 — — — (1,832 ) — 267,248 113,966 105,976 131,454 21,429 (1,832 ) 638,241 Costs and Expenses: Operating 187,798 84,721 55,015 103,703 21,400 (1,755 ) 450,882 Administrative and general 28,586 8,172 11,317 1,105 6,560 17,023 72,763 Depreciation and amortization 32,752 14,934 14,869 2,000 167 1,890 66,612 249,136 107,827 81,201 106,808 28,127 17,158 590,257 Gains (Losses) on Asset Dispositions and Impairments, Net 11,264 1,663 (41 ) — (409 ) (3,504 ) 8,973 Operating Income (Loss) 29,376 7,802 24,734 24,646 (7,107 ) (22,494 ) 56,957 Other Income (Expense): Derivative gains (losses), net (131 ) — — (801 ) 767 22 (143 ) Foreign currency gains (losses), net 1,429 147 (9 ) — 62 (108 ) 1,521 Other, net 14,739 (38 ) (3,775 ) 493 (4,838 ) (23 ) 6,558 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax 4,885 (3,747 ) 2,317 — (1,746 ) — 1,709 Segment Profit (Loss) 50,298 4,164 23,267 24,338 (12,862 ) Other Income (Expense) not included in Segment Profit (Loss) (5,987 ) Less Equity Earnings included in Segment Profit (Loss) (1,709 ) Income Before Taxes and Equity Earnings 58,906 Capital Expenditures 46,621 44,086 165,160 2,098 123 15,581 273,669 As of June 30, 2014 Property and Equipment: Historical cost 1,154,174 519,586 451,123 44,808 3,760 43,176 2,216,627 Accumulated depreciation (499,092 ) (161,091 ) (200,908 ) (13,369 ) (769 ) (13,213 ) (888,442 ) 655,082 358,495 250,215 31,439 2,991 29,963 1,328,185 Construction in progress 91,824 32,175 171,204 2,156 224 (60 ) 297,523 746,906 390,670 421,419 33,595 3,215 29,903 1,625,708 Investments, at Equity, and Advances to 50% or Less Owned Companies 129,775 61,653 205,110 — 87,626 — 484,164 Inventories 5,571 2,309 1,438 9,926 963 — 20,207 Goodwill 13,367 2,793 1,852 — — — 18,012 Intangible Assets 2,784 7,085 575 — 310 — 10,754 Other current and long-term assets, excluding cash and near cash assets (3) 154,188 55,819 19,816 13,559 49,232 18,642 311,256 Segment Assets 1,052,591 520,329 650,210 57,080 141,346 Cash and near cash assets (3) 825,892 Total Assets 3,295,993 ______________________ (1) Operating revenues includes $126.1 million of tangible product sales and operating expenses includes $98.2 million of costs of goods sold. (2) Inventories includes raw materials of $2.2 million and work in process of $1.3 million . (3) Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities, construction reserve funds and Title XI reserve funds. |