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 September 30, 2017 Operating Revenues: External customers 44,608 103,780 9,667 116 — 158,171 Intersegment — — 14 — (14 ) — 44,608 103,780 9,681 116 (14 ) 158,171 Costs and Expenses: Operating 35,388 65,866 6,068 — (64 ) 107,258 Administrative and general 3,141 9,612 2,960 180 4,638 20,531 Depreciation and amortization 6,329 13,516 206 — 450 20,501 44,858 88,994 9,234 180 5,024 148,290 Gains on Asset Dispositions, Net 5,136 73 — — — 5,209 Operating Income (Loss) 4,886 14,859 447 (64 ) (5,038 ) 15,090 Other Income (Expense): Foreign currency gains (losses), net 992 5 29 (12 ) (45 ) 969 Other, net — 59 — — 5 64 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (1,235 ) 1,493 100 130 — 488 Segment Profit 4,643 16,416 576 54 Other Income (Expense) not included in Segment Profit (19,229 ) Less Equity Earnings included in Segment Profit (488 ) Loss Before Taxes, Equity Earnings and Discontinued Operations (3,106 ) Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the nine months ended September 30, 2017 Operating Revenues: External customers 124,921 243,442 23,665 348 — 392,376 Intersegment — — 85 — (85 ) — 124,921 243,442 23,750 348 (85 ) 392,376 Costs and Expenses: Operating 99,859 137,070 15,483 — (256 ) 252,156 Administrative and general 11,658 24,728 8,641 559 23,363 68,949 Depreciation and amortization 19,404 32,792 613 — 1,880 54,689 130,921 194,590 24,737 559 24,987 375,794 Gains (Losses) on Asset Dispositions and Impairments, Net 11,260 (342 ) — — — 10,918 Operating Income (Loss) 5,260 48,510 (987 ) (211 ) (25,072 ) 27,500 Other Income (Expense): Derivative gains, net — — — — 19,727 19,727 Foreign currency gains (losses), net 730 8 62 (12 ) 110 898 Other, net — 118 — (300 ) 250 68 Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (4,877 ) 8,150 237 (581 ) — 2,929 Segment Profit (Loss) 1,113 56,786 (688 ) (1,104 ) Other Income (Expense) not included in Segment Profit (Loss) (37,860 ) Less Equity Earnings included in Segment Profit (Loss) (2,929 ) Income Before Taxes, Equity Earnings and Discontinued Operations 10,333 Capital Expenditures 32,901 66,137 60 — 208 99,306 As of September 30, 2017 Property and Equipment: Historical cost 444,582 1,008,093 1,227 — 29,532 1,483,434 Accumulated depreciation (175,669 ) (290,400 ) (915 ) — (20,065 ) (487,049 ) 268,913 717,693 312 — 9,467 996,385 Construction in progress 2,177 20,592 — — — 22,769 Net property and equipment 271,090 738,285 312 — 9,467 1,019,154 Investments, at Equity, and Advances to 50% or Less Owned Companies 65,738 53,388 782 55,479 — 175,387 Inventories 1,866 2,032 54 — — 3,952 Goodwill 2,415 1,852 28,506 — — 32,773 Intangible Assets 10,860 12,285 7,510 — — 30,655 Other current and long-term assets, excluding cash and near cash assets (1) 54,295 44,845 13,802 1,807 22,251 137,000 Segment Assets 406,264 852,687 50,966 57,286 Cash and near cash assets (1) 384,044 Total Assets 1,782,965 ______________________ (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 September 30, 2016 Operating Revenues: External customers 41,094 57,350 11,010 116 — 109,570 Intersegment — — 20 — (20 ) — 41,094 57,350 11,030 116 (20 ) 109,570 Costs and Expenses: Operating 31,496 28,542 6,618 — (83 ) 66,573 Administrative and general 3,982 6,675 3,423 410 6,441 20,931 Depreciation and amortization 6,308 8,216 432 — 908 15,864 41,786 43,433 10,473 410 7,266 103,368 Gains (Losses) on Asset Dispositions and Impairments, Net (597 ) 3 1 — — (593 ) Operating Income (Loss) (1,289 ) 13,920 558 (294 ) (7,286 ) 5,609 Other Income (Expense): Derivative losses, net — — — — (862 ) (862 ) Foreign currency gains (losses), net 410 (3 ) (24 ) (1 ) 36 418 Other, net (1 ) (5,534 ) — — 74 (5,461 ) Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (171 ) (551 ) 91 (481 ) — (1,112 ) Segment Profit (Loss) (1,051 ) 7,832 625 (776 ) Other Income (Expense) not included in Segment Profit (Loss) (14,390 ) Less Equity Losses included in Segment Profit (Loss) 1,112 Loss Before Taxes, Equity Losses and Discontinued Operations (14,686 ) Inland River Services $’000 Shipping Services $’000 Witt O’Brien’s $’000 Other $’000 Corporate and Eliminations $’000 Total $’000 For the nine months ended September 30, 2016 Operating Revenues: External customers 114,522 170,025 29,356 366 — 314,269 Intersegment — — 104 — (104 ) — 114,522 170,025 29,460 366 (104 ) 314,269 Costs and Expenses: Operating 89,060 86,045 18,850 — (319 ) 193,636 Administrative and general 11,671 20,930 10,871 834 20,662 64,968 Depreciation and amortization 19,699 22,193 1,335 — 2,778 46,005 120,430 129,168 31,056 834 23,121 304,609 Gains (Losses) on Asset Dispositions and Impairments, Net 2,588 3 (1 ) — — 2,590 Operating Income (Loss) (3,320 ) 40,860 (1,597 ) (468 ) (23,225 ) 12,250 Other Income (Expense): Derivative losses, net — — — — (3,527 ) (3,527 ) Foreign currency gains (losses), net 2,865 (12 ) (124 ) (1 ) 84 2,812 Other, net (5 ) (6,461 ) — (6,723 ) 79 (13,110 ) Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (4,626 ) (2,116 ) 277 (704 ) — (7,169 ) Segment Profit (Loss) (5,086 ) 32,271 (1,444 ) (7,896 ) Other Income (Expense) not included in Segment Profit (Loss) (63,851 ) Less Equity Losses included in Segment Profit (Loss) 7,169 Loss Before Taxes, Equity Losses and Discontinued Operations (65,426 ) Capital Expenditures 17,629 189,988 — — 208 207,825 As of September 30, 2016 Property and Equipment: Historical cost 392,698 592,132 2,829 — 30,711 1,018,370 Accumulated depreciation (161,023 ) (253,116 ) (2,483 ) — (17,427 ) (434,049 ) 231,675 339,016 346 — 13,284 584,321 Construction in progress 9,948 328,692 — — (1,191 ) 337,449 Net property and equipment 241,623 667,708 346 — 12,093 921,770 Investments, at Equity, and Advances to 50% or Less Owned Companies 80,004 57,366 551 60,131 — 198,052 Inventories 2,033 952 237 — — 3,222 Goodwill 2,427 1,852 48,124 — — 52,403 Intangible Assets 5,295 — 18,201 — — 23,496 Other current and long-term assets, excluding cash and near cash assets (1) 55,710 27,508 13,186 15,522 4,384 116,310 Segment Assets 387,092 755,386 80,645 75,653 Cash and near cash assets (1) 473,993 Discontinued Operations 1,164,887 Total Assets 2,954,133 ______________________ (1) Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities and construction reserve funds. |