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. Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the three months ended June 30, 2017 Operating Revenues: External customers 37,644 72,023 6,008 116 — 115,791 Intersegment — — 53 — (53 ) — 37,644 72,023 6,061 116 (53 ) 115,791 Costs and Expenses: Operating 31,902 33,850 4,043 — (109 ) 69,686 Administrative and general 4,725 8,028 2,462 225 10,100 25,540 Depreciation and amortization 6,483 10,115 205 — 666 17,469 43,110 51,993 6,710 225 10,657 112,695 Gains on Asset Dispositions, Net 5,891 6 — — — 5,897 Operating Income (Loss) 425 20,036 (649 ) (109 ) (10,710 ) 8,993 Other Income (Expense): Derivative gains, net — — — — 16,897 16,897 Foreign currency gains (losses), net (1,630 ) 8 23 — 129 (1,470 ) Other, net — 421 — — 3 424 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (1,264 ) 5,621 (20 ) (2,004 ) — 2,333 Segment Profit (Loss) (2,469 ) 26,086 (646 ) (2,113 ) Other Income (Expense) not included in Segment Profit (Loss) (31,297 ) Less Equity Earnings included in Segment Profit (Loss) (2,333 ) Loss Before Taxes, Equity Earnings and Discontinued Operations (6,453 ) Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the six months ended June 30, 2017 Operating Revenues: External customers 80,313 139,662 13,998 232 — 234,205 Intersegment — — 71 — (71 ) — 80,313 139,662 14,069 232 (71 ) 234,205 Costs and Expenses: Operating 64,471 71,204 9,415 — (192 ) 144,898 Administrative and general 8,517 15,116 5,681 379 18,725 48,418 Depreciation and amortization 13,075 19,276 407 — 1,430 34,188 86,063 105,596 15,503 379 19,963 227,504 Gains (Losses) on Asset Dispositions and Impairments, Net 6,124 (415 ) — — — 5,709 Operating Income (Loss) 374 33,651 (1,434 ) (147 ) (20,034 ) 12,410 Other Income (Expense): Derivative gains, net — — — — 19,727 19,727 Foreign currency gains (losses), net (262 ) 3 33 — 155 (71 ) Other, net — 59 — (300 ) 245 4 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (3,642 ) 6,657 137 (711 ) — 2,441 Segment Profit (Loss) (3,530 ) 40,370 (1,264 ) (1,158 ) Other Income (Expense) not included in Segment Profit (Loss) (18,631 ) Less Equity Earnings included in Segment Profit (Loss) (2,441 ) Income Before Taxes, Equity Earnings and Discontinued Operations 13,439 Capital Expenditures 22,754 58,018 60 — 155 80,987 As of June 30, 2017 Property and Equipment: Historical cost 421,117 888,563 1,227 — 29,493 1,340,400 Accumulated depreciation (170,162 ) (277,257 ) (892 ) — (19,614 ) (467,925 ) 250,955 611,306 335 — 9,879 872,475 Construction in progress 17,598 115,939 — — — 133,537 Net property and equipment 268,553 727,245 335 — 9,879 1,006,012 Investments, at Equity, and Advances to 50% or Less Owned Companies 66,956 48,486 663 58,001 — 174,106 Inventories 1,517 744 183 — — 2,444 Goodwill 2,391 1,852 28,506 — — 32,749 Intangible Assets 11,238 — 7,693 — — 18,931 Other current and long-term assets, excluding cash and near cash assets (1) 42,253 24,367 13,190 11,427 26,792 118,029 Segment Assets 392,908 802,694 50,570 69,428 Cash and near cash assets (1) 365,914 Discontinued Operations 55,700 Total Assets 1,773,885 ______________________ (1) Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities and construction reserve funds. Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the three months ended June 30, 2016 Operating Revenues: External customers 33,814 55,620 10,098 115 — 99,647 Intersegment — — 48 — (48 ) — 33,814 55,620 10,146 115 (48 ) 99,647 Costs and Expenses: Operating 27,446 30,269 6,427 — (115 ) 64,027 Administrative and general 3,777 7,337 3,475 174 6,598 21,361 Depreciation and amortization 6,254 7,415 448 — 926 15,043 37,477 45,021 10,350 174 7,409 100,431 Gains on Asset Dispositions, Net 2,580 6 — — — 2,586 Operating Income (Loss) (1,083 ) 10,605 (204 ) (59 ) (7,457 ) 1,802 Other Income (Expense): Derivative losses, net — — — — (2,574 ) (2,574 ) Foreign currency gains (losses), net 1,018 (6 ) (74 ) 1 (142 ) 797 Other, net (4 ) (928 ) — (6,723 ) 3 (7,652 ) Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (1,677 ) (1,591 ) 100 (679 ) — (3,847 ) Segment Profit (Loss) (1,746 ) 8,080 (178 ) (7,460 ) Other Income (Expense) not included in Segment Profit (Loss) (25,923 ) Less Equity Losses included in Segment Profit (Loss) 3,847 Loss Before Taxes, Equity Losses and Discontinued Operations (33,550 ) Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the six months ended June 30, 2016 Operating Revenues: External customers 73,428 112,675 18,346 250 — 204,699 Intersegment — — 84 — (84 ) — 73,428 112,675 18,430 250 (84 ) 204,699 Costs and Expenses: Operating 57,564 57,503 12,232 — (236 ) 127,063 Administrative and general 7,689 14,255 7,448 424 14,221 44,037 Depreciation and amortization 13,391 13,977 903 — 1,870 30,141 78,644 85,735 20,583 424 15,855 201,241 Gains (Losses) on Asset Dispositions, Net 3,185 — (2 ) — — 3,183 Operating Income (Loss) (2,031 ) 26,940 (2,155 ) (174 ) (15,939 ) 6,641 Other Income (Expense): Derivative losses, net — — — — (2,665 ) (2,665 ) Foreign currency gains (losses), net 2,455 (9 ) (100 ) — 48 2,394 Other, net (4 ) (927 ) — (6,723 ) 5 (7,649 ) Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (4,455 ) (1,565 ) 186 (223 ) — (6,057 ) Segment Profit (Loss) (4,035 ) 24,439 (2,069 ) (7,120 ) Other Income (Expense) not included in Segment Profit (Loss) (49,461 ) Less Equity Losses included in Segment Profit (Loss) 6,057 Loss Before Taxes, Equity Losses and Discontinued Operations (50,740 ) Capital Expenditures 7,705 148,410 — — (125 ) 155,990 As of June 30, 2016 Property and Equipment: Historical cost 386,216 588,649 2,861 — 30,711 1,008,437 Accumulated depreciation (154,893 ) (244,910 ) (2,476 ) — (16,519 ) (418,798 ) 231,323 343,739 385 — 14,192 589,639 Construction in progress 7,663 290,582 — — (1,524 ) 296,721 Net property and equipment 238,986 634,321 385 — 12,668 886,360 Investments, at Equity, and Advances to 50% or Less Owned Companies 79,154 56,385 611 59,202 — 195,352 Inventories 1,824 799 99 — — 2,722 Goodwill 2,418 1,852 48,124 — — 52,394 Intangible Assets 5,521 — 18,595 — — 24,116 Other current and long-term assets, excluding cash and near cash assets (1) 45,428 27,477 14,983 7,961 3,803 99,652 Segment Assets 373,331 720,834 82,797 67,163 Cash and near cash assets (1) 539,897 Discontinued Operations 1,200,824 Total Assets 3,001,317 ______________________ (1) Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities and construction reserve funds. |