Quarterly report [Sections 13 or 15(d)]

SEGMENTS - Schedule of Operating Performance (Details)

v3.26.1
SEGMENTS - Schedule of Operating Performance (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting Information [Line Items]    
Revenues $ 388,705 $ 350,530
Less:    
Personnel 103,569 87,311
Repairs and maintenance 68,569 61,315
Insurance 6,597 6,834
Fuel 20,146 18,875
Leased-in equipment 28,549 26,049
Other segment costs 66,070 56,801
Total operating expenses 293,500 257,185
General and administrative expenses 44,289 43,100
Depreciation and amortization expense 24,386 16,841
Total costs and expenses 362,175 317,126
Gains (losses) on disposal of assets 7,639 (558)
Earnings from unconsolidated affiliates 506 702
Operating income (loss) 34,675 33,548
Offshore Energy Services    
Segment Reporting Information [Line Items]    
Revenues 254,333 239,785
Less:    
Personnel 63,360 56,766
Repairs and maintenance 50,581 46,907
Insurance 3,968 4,029
Fuel 12,974 12,702
Leased-in equipment 16,641 14,933
Other segment costs 34,980 37,656
Total operating expenses 182,504 172,993
General and administrative expenses 23,484 23,259
Depreciation and amortization expense 13,131 6,870
Total costs and expenses 219,119 203,122
Gains (losses) on disposal of assets 0 0
Earnings from unconsolidated affiliates 506 702
Operating income (loss) 35,720 37,365
Government Services    
Segment Reporting Information [Line Items]    
Revenues 107,870 85,943
Less:    
Personnel 32,626 24,473
Repairs and maintenance 14,572 11,361
Insurance 2,316 2,437
Fuel 2,817 2,082
Leased-in equipment 10,100 9,693
Other segment costs 25,097 12,871
Total operating expenses 87,528 62,917
General and administrative expenses 10,922 9,729
Depreciation and amortization expense 8,477 7,286
Total costs and expenses 106,927 79,932
Gains (losses) on disposal of assets 0 0
Earnings from unconsolidated affiliates 0 0
Operating income (loss) 943 6,011
Other Services    
Segment Reporting Information [Line Items]    
Revenues 26,502 24,802
Less:    
Personnel 7,583 6,072
Repairs and maintenance 3,416 3,047
Insurance 313 368
Fuel 4,355 4,091
Leased-in equipment 1,808 1,423
Other segment costs 5,993 6,274
Total operating expenses 23,468 21,275
General and administrative expenses 1,981 1,595
Depreciation and amortization expense 2,398 2,554
Total costs and expenses 27,847 25,424
Gains (losses) on disposal of assets 0 0
Earnings from unconsolidated affiliates 0 0
Operating income (loss) (1,345) (622)
Corporate    
Segment Reporting Information [Line Items]    
Revenues 0 0
Less:    
Personnel 0 0
Repairs and maintenance 0 0
Insurance 0 0
Fuel 0 0
Leased-in equipment 0 0
Other segment costs 0 0
Total operating expenses 0 0
General and administrative expenses 7,902 8,517
Depreciation and amortization expense 380 131
Total costs and expenses 8,282 8,648
Gains (losses) on disposal of assets 7,639 (558)
Earnings from unconsolidated affiliates 0 0
Operating income (loss) $ (643) $ (9,206)