Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.25.3
REVENUES (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue Recognition [Abstract]  
Schedule of Disaggregation of Revenue Revenues earned by each segment for the periods reflected in the table below were as follows (in thousands):
Three Months Ended September 30, Nine Months Ended
September 30,
2025 2024 2025 2024
Offshore Energy Services(1)
$ 250,431  $ 246,312  $ 743,026  $ 725,900 
Government Services 100,898  85,346  279,340  247,096 
Other Services 34,960  33,464  90,882  88,969 
Total revenues $ 386,289  $ 365,122  $ 1,113,248  $ 1,061,965 
______________________
(1)Includes revenues of approximately $4.1 million and $9.9 million for the three and nine months ended September 30, 2024, respectively, related to fixed wing revenues in Africa that were previously classified in Other Services.
Revenues from and payments to related parties for the periods reflected in the table below were as follows (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Revenues from related parties $ 7,556  $ 6,809  $ 21,224  $ 23,969 
Payments to related parties $ 1,249  $ 1,010  $ 3,933  $ 3,198 
Schedule of Deferred Revenues
The Company’s deferred revenues were as follows (in thousands):
September 30,
2025		 December 31,
2024
Short-term $ 26,001  $ 15,186 
Long-term 27,902  8,385 
Total deferred revenues $ 53,903  $ 23,571