Helix energy solutions group, inc. (HLX)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net revenues:
Contracting services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

756,944

864,488

0

0

0

Oil and gas

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

352,582

347,008

0

0

0

Net revenues

766,107

751,909

739,516

739,482

742,379

739,818

744,728

695,413

641,117

581,383

546,148

544,133

501,071

487,582

517,234

538,451

597,200

695,802

745,279

903,654

1,043,225

1,107,156

1,126,833

1,006,113

932,704

876,561

851,420

848,413

813,696

846,109

343,991

499,377

640,235

702,000

883,390

903,563

864,506

774,469

1,109,526

1,211,496

0

0

0

Cost of sales:
Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

545,753

538,609

602,629

626,234

605,575

565,410

666,278

0

0

0

Asset impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Oil and gas

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

361,613

251,335

0

0

0

Oil and gas property impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

0

0

Cost of sales

642,513

614,071

614,443

617,490

617,424

618,134

613,372

594,909

565,143

519,217

489,861

468,803

438,450

441,066

813,220

842,652

882,851

929,576

621,350

685,447

740,088

763,120

744,438

680,508

648,740

615,876

770,824

779,355

783,697

796,194

335,037

426,047

495,145

552,317

436,594

492,510

648,469

609,652

1,089,319

1,142,085

0

0

0

Gross profit

123,594

137,838

125,073

121,992

124,955

121,684

131,356

100,504

75,974

62,166

56,287

75,330

62,621

46,516

-295,986

-304,201

-285,651

-233,774

123,929

218,207

303,137

344,036

382,395

325,605

283,964

260,685

80,596

69,058

29,999

49,915

8,954

73,330

145,090

149,683

446,796

411,053

216,037

164,817

20,207

69,411

0

0

0

Goodwill impairment

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on commodity derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,113

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

-

-

0

-

-

-

0

-

-

-39

1,251

1,251

1,251

1,290

0

0

0

-

-

-

-

10,240

26,230

25,145

0

-

0

0

-

-

0

-

-

-6

2,866

2,879

2,887

9,118

6,246

7,552

0

0

0

Ineffectiveness on oil and gas derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

Selling, general and administrative expenses

70,204

69,841

66,224

70,910

72,173

70,287

69,711

65,323

60,515

63,257

64,973

67,313

68,949

65,934

62,022

56,905

58,486

57,279

65,656

71,975

84,745

92,520

86,838

89,532

79,443

82,265

90,702

92,862

95,216

94,415

84,570

81,882

84,071

86,637

85,259

89,805

90,593

106,113

113,559

126,303

0

0

0

Income (loss) from operations

46,701

67,997

58,849

51,228

52,928

51,543

61,791

35,181

15,459

-1,130

-52,542

-35,839

-50,184

-63,235

-374,315

-377,413

-360,444

-307,360

58,095

146,054

217,136

261,756

305,975

262,303

230,744

179,034

-20,542

-62,985

-103,313

-68,483

-88,549

-8,552

60,997

63,040

345,017

304,902

111,588

51,079

-79,865

-38,139

0

0

0

Equity in losses of investment

1,459

1,439

-3,622

-3,716

-3,822

-3,918

-2,289

-2,335

-2,352

-2,368

-2,257

-2,226

-2,195

-2,166

-124,158

-124,287

-124,489

-124,345

-383

376

192

879

1,524

1,873

3,063

2,965

3,037

3,572

8,637

8,434

13,319

16,833

16,972

22,215

22,980

24,295

20,064

19,469

26,317

26,360

0

0

0

Net interest expense

-11,981

-8,333

-9,211

-10,559

-11,953

-13,751

-14,042

-14,408

-17,448

-18,778

-21,712

-24,940

-25,781

-31,239

-33,903

-35,773

-33,528

-26,914

-23,021

-18,164

-17,446

-17,859

-17,502

-20,231

-27,058

-32,898

-113,819

-95,949

-72,960

-48,160

33,960

46,789

60,422

70,181

77,580

78,945

74,190

65,589

68,887

27,764

0

0

0

Gain on investment in Cal Dive common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-18

-20

-

-1,183

-1,183

-1,181

-1,502

-397

-153

149

0

-

0

0

-

-

0

0

-

-

-

-

-

-12,100

-12,100

-3,528

-2,882

-17,127

-19,481

0

0

-

0

-

-

-

-

-

-

-

-

Other income (expense), net

-10,428

1,165

-5,529

-3,953

-6,083

-6,324

-4,040

-3,882

26

-1,434

-1,127

254

1,095

3,510

-14,095

-14,930

-21,274

-24,310

-5,154

-4,551

468

814

1,661

3,429

2,880

6

-3,014

-3,271

-4,416

-662

3,768

-6,701

-3,737

-1,147

-2,307

10,125

7,196

-1,049

-6,245

-2,141

0

0

0

Royalty income and other

3,160

3,306

3,460

3,750

4,121

4,631

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income – oil and gas

-

-

-

-

-

-

-

-

-

-

3,451

2,680

2,785

2,755

2,863

3,902

4,405

4,759

5,618

6,884

7,581

16,931

16,509

16,353

16,039

6,581

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

28,893

65,556

43,929

36,730

35,113

30,998

44,844

17,633

-1,829

-20,372

-78,670

-64,310

-77,820

-93,915

-543,062

-548,199

-535,330

-478,170

35,155

130,599

207,931

262,521

308,167

255,155

216,450

143,588

-65,843

-105,817

-143,162

-125,998

-133,112

-75,253

-16,234

1,010

283,516

258,137

62,418

1,670

-110,779

4,371

0

0

0

Income tax provision (benefit)

-13,558

7,859

7,913

5,215

2,637

2,400

-48,081

-50,461

-45,736

-50,424

-3,729

1,459

-7,783

-12,470

-112,163

-115,718

-110,885

-101,190

308

30,046

46,961

66,971

83,312

60,538

51,586

31,612

-41,675

-47,463

-59,993

-59,158

-87,397

-65,202

-45,078

-36,806

110,314

104,814

36,277

19,166

-37,494

1,350

0

0

0

Net income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111,976

-24,168

-58,354

-83,169

-66,840

0

0

0

-

-

-

-

-

-

-

-

0

0

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,073

-70,815

-66,356

-24,111

23,684

0

0

0

-

-

-

-

-

-

-

-

0

0

Net income (loss)

42,451

57,697

76,884

63,046

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

195,550

224,855

194,661

164,879

113,049

-94,983

-124,710

-107,280

-43,156

145,078

176,239

172,918

133,037

66,545

46,666

-80,516

-124,153

-70,264

15,878

0

0

0

Net loss attributable to redeemable noncontrolling interests

-2,212

-222

-104

-31

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less net income applicable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

503

1,265

2,064

2,853

3,127

3,165

3,166

3,166

3,178

3,122

3,122

3,119

3,098

3,140

3,116

2,774

2,835

2,893

14,737

0

0

0

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

40

64

114

229

469

0

0

0

Net income (loss) applicable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

195,047

223,590

192,597

162,026

109,922

-98,148

-127,876

-110,446

-46,334

141,986

173,137

169,809

129,939

63,365

43,510

-83,354

-127,102

-73,386

672

0

0

0

Net Income (Loss) Attributable to Parent

44,663

57,919

36,120

31,546

32,476

28,598

92,925

68,094

43,907

30,052

-74,941

-65,769

-70,037

-81,445

-430,899

-432,481

-424,445

-376,980

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

63,405

43,550

-83,290

-126,988

-73,157

1,141

0

0

0

Earnings (loss) per share of common stock (in dollars per share)
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.34

0.42

0.26

0.01

-0.95

0.10

0.02

0.16

-

-

-

-

-

-

-

-

0.01

0.92

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.01

-0.67

0.04

0.40

0.46

-

-

-

-

-

-

-

-

0.03

0.10

Basic

-0.09

0.06

0.21

0.11

0.01

-0.09

0.18

0.12

-0.02

0.33

0.02

-0.04

-0.11

-0.47

0.10

-0.10

-0.26

-3.83

0.09

-0.03

0.19

0.07

0.72

0.55

0.51

0.34

0.42

0.26

0.02

-1.62

0.14

0.42

0.62

0.17

0.43

0.39

0.24

-0.48

0.25

-0.82

-0.17

0.04

1.02

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.34

0.42

0.26

0.01

-0.95

0.10

0.02

0.16

-

-

-

-

-

-

-

-

0.01

0.85

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.01

-0.67

0.04

0.40

0.46

-

-

-

-

-

-

-

-

0.03

0.09

Diluted

-0.09

0.05

0.21

0.11

0.01

-0.09

0.18

0.12

-0.02

0.33

0.02

-0.04

-0.11

-0.47

0.10

-0.10

-0.26

-3.83

0.09

-0.03

0.19

0.08

0.71

0.55

0.51

0.34

0.42

0.26

0.02

-1.62

0.14

0.42

0.62

0.17

0.43

0.39

0.24

-0.48

0.25

-0.82

-0.17

0.04

0.94

Weighted average common shares outstanding (in shares)
Basic

148,863

147,627

147,575

147,521

147,421

146,772

146,700

146,683

146,653

146,038

145,958

145,940

143,244

119,093

113,680

107,767

105,908

105,579

105,438

105,357

105,290

105,001

104,997

104,992

105,126

105,021

105,029

105,046

105,032

104,447

104,256

104,563

104,530

104,268

104,700

104,673

104,471

104,123

104,090

104,125

103,090

101,282

96,936

Diluted

148,863

154,102

148,354

148,101

147,751

146,979

146,964

146,724

146,653

146,058

145,958

145,940

143,244

119,093

113,680

107,767

105,908

105,579

105,438

105,357

105,290

104,172

105,338

105,295

105,375

105,302

105,136

105,133

105,165

103,036

104,729

105,042

104,989

104,615

105,154

105,140

104,903

102,906

105,307

104,125

103,090

101,334

105,995

Total comprehensive income (loss) applicable to Helix common shareholders (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-