$HLX
HELIX ENERGY SOLUTIONS GROUP INC

2016 Q2 Form 10-Q Financial Statement

#000086682916000083 Filed on July 22, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $107.3M $166.0M
YoY Change -35.39% -45.67%
Cost Of Revenue $101.6M $141.8M
YoY Change -28.35% -27.81%
Gross Profit $5.658M $24.21M
YoY Change -76.63% -77.82%
Gross Profit Margin 5.27% 14.58%
Selling, General & Admin $14.95M $16.53M
YoY Change -9.56% -43.58%
% of Gross Profit 264.28% 68.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.60M $27.40M
YoY Change -6.57% -2.84%
% of Gross Profit 452.46% 113.19%
Operating Expenses $14.95M $16.53M
YoY Change -9.56% -43.58%
Operating Profit -$9.295M $7.674M
YoY Change -221.12% -90.26%
Interest Expense $10.44M $9.751M
YoY Change 7.01% 36.19%
% of Operating Profit 127.07%
Other Income/Expense, Net $1.308M -$5.036M
YoY Change -125.97% 29523.53%
Pretax Income -$14.89M -$2.021M
YoY Change 636.76% -102.68%
Income Tax -$4.219M $614.0K
% Of Pretax Income
Net Earnings -$10.67M -$2.635M
YoY Change 304.97% -104.56%
Net Earnings / Revenue -9.95% -1.59%
Basic Earnings Per Share -$0.10 -$0.03
Diluted Earnings Per Share -$0.10 -$0.03
COMMON SHARES
Basic Shares Outstanding 107.8M shares 105.4M shares
Diluted Shares Outstanding 107.8M shares 105.4M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $492.2M $500.1M
YoY Change -1.58% -0.28%
Cash & Equivalents $492.2M $500.1M
Short-Term Investments
Other Short-Term Assets $41.47M $36.66M
YoY Change 13.09% -12.29%
Inventory $4.600M $6.700M
Prepaid Expenses
Receivables $59.89M $120.7M
Other Receivables $40.10M $632.0K
Total Short-Term Assets $645.3M $733.0M
YoY Change -11.97% -10.42%
LONG-TERM ASSETS
Property, Plant & Equipment $1.582B $1.920B
YoY Change -17.6% 19.68%
Goodwill $45.11M $62.29M
YoY Change -27.59%
Intangibles
YoY Change
Long-Term Investments $0.00 $145.6M
YoY Change -100.0% -4.78%
Other Assets $42.02M $73.31M
YoY Change -42.68% 77.5%
Total Long-Term Assets $1.669B $2.201B
YoY Change -24.17% 16.91%
TOTAL ASSETS
Total Short-Term Assets $645.3M $733.0M
Total Long-Term Assets $1.669B $2.201B
Total Assets $2.314B $2.934B
YoY Change -21.12% 8.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.01M $98.80M
YoY Change -51.41% -37.31%
Accrued Expenses $71.01M $66.79M
YoY Change 6.32% 10.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $71.79M $71.50M
YoY Change 0.4% 248.77%
Total Short-Term Liabilities $190.8M $237.1M
YoY Change -19.52% -7.82%
LONG-TERM LIABILITIES
Long-Term Debt $639.0M $722.5M
YoY Change -11.56% 34.22%
Other Long-Term Liabilities $52.83M $41.41M
YoY Change 27.56% 266.5%
Total Long-Term Liabilities $691.8M $763.9M
YoY Change -9.44% 39.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $190.8M $237.1M
Total Long-Term Liabilities $691.8M $763.9M
Total Liabilities $1.049B $1.259B
YoY Change -16.66% 16.65%
SHAREHOLDERS EQUITY
Retained Earnings $365.8M $798.3M
YoY Change -54.18%
Common Stock $986.2M $939.5M
YoY Change 4.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.265B $1.675B
YoY Change
Total Liabilities & Shareholders Equity $2.314B $2.934B
YoY Change -21.12% 8.63%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$10.67M -$2.635M
YoY Change 304.97% -104.56%
Depreciation, Depletion And Amortization $25.60M $27.40M
YoY Change -6.57% -2.84%
Cash From Operating Activities $24.10M $13.00M
YoY Change 85.38% -85.67%
INVESTING ACTIVITIES
Capital Expenditures -$34.70M -$180.4M
YoY Change -80.76% 228.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $2.400M
YoY Change -100.0% -11.11%
Cash From Investing Activities -$34.70M -$177.9M
YoY Change -80.49% 240.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.80M 245.7M
YoY Change -93.57% -5950.0%
NET CHANGE
Cash From Operating Activities 24.10M 13.00M
Cash From Investing Activities -34.70M -177.9M
Cash From Financing Activities 15.80M 245.7M
Net Change In Cash 5.200M 80.80M
YoY Change -93.56% 136.26%
FREE CASH FLOW
Cash From Operating Activities $24.10M $13.00M
Capital Expenditures -$34.70M -$180.4M
Free Cash Flow $58.80M $193.4M
YoY Change -69.6% 32.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000866829
CY2016Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
112639372 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3134000 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2596000 USD
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
316000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2928000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5138000 USD
CY2015Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
HELIX ENERGY SOLUTIONS GROUP INC
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2016Q2 hlx Debt Instrument Covenant Minimum Cash Amount
DebtInstrumentCovenantMinimumCashAmount
150000000 USD
CY2015Q4 hlx Deferred Drydock Expenses Net
DeferredDrydockExpensesNet
19615000 USD
CY2016Q2 hlx Deferred Drydock Expenses Net
DeferredDrydockExpensesNet
12472000 USD
CY2016Q2 hlx Longterm Debt Excluding Current Maturities Gross
LongtermDebtExcludingCurrentMaturitiesGross
661470000 USD
hlx Loss From Equity Method Investments
LossFromEquityMethodInvestments
0 USD
hlx Loss From Equity Method Investments
LossFromEquityMethodInvestments
244000 USD
CY2016Q2 hlx Notes Receivable Interest Stated Rate Percentage
NotesReceivableInterestStatedRatePercentage
0.06
hlx Number Of Foreign Subsidiaries Not Subject To Credit Agreement Covenants
NumberOfForeignSubsidiariesNotSubjectToCreditAgreementCovenants
5
hlx Proceeds From Equity Method Investment Net Of Earnings
ProceedsFromEquityMethodInvestmentNetOfEarnings
3842000 USD
hlx Proceeds From Equity Method Investment Net Of Earnings
ProceedsFromEquityMethodInvestmentNetOfEarnings
1200000 USD
hlx Repayments Of Long Term Secured Debt
RepaymentsOfLongTermSecuredDebt
2788000 USD
hlx Repayments Of Long Term Secured Debt
RepaymentsOfLongTermSecuredDebt
2927000 USD
CY2016Q2 hlx Weighted Average Number Of Diluted Shares Including Anti Dilutive Securities
WeightedAverageNumberOfDilutedSharesIncludingAntiDilutiveSecurities
108144000 shares
hlx Weighted Average Number Of Diluted Shares Including Anti Dilutive Securities
WeightedAverageNumberOfDilutedSharesIncludingAntiDilutiveSecurities
107025000 shares
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
65370000 USD
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
48013000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
76287000 USD
CY2016Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
59888000 USD
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2261000 USD
CY2016Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 USD
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
71641000 USD
CY2016Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
71009000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
941848000 USD
CY2016Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
983218000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-27891000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-22918000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-43010000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-63937000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-70901000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-86855000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
350000 USD
CY2016Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2015Q4 us-gaap Assets
Assets
2399959000 USD
CY2016Q2 us-gaap Assets
Assets
2314368000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
684035000 USD
CY2016Q2 us-gaap Assets Current
AssetsCurrent
645281000 USD
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18700000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12600000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
476492000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
500062000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
494192000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
492190000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
23570000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2002000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
240000000 shares
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
240000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
106289000 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
112627000 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
945565000 USD
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
986239000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17547000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16795000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24838000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-54448000 USD
CY2015Q2 us-gaap Cost Of Revenue
CostOfRevenue
141808000 USD
us-gaap Cost Of Revenue
CostOfRevenue
296502000 USD
CY2016Q2 us-gaap Cost Of Revenue
CostOfRevenue
101609000 USD
us-gaap Cost Of Revenue
CostOfRevenue
209578000 USD
CY2016Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
733256000 USD
CY2016Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
11400000 USD
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7863000 USD
CY2016Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4823000 USD
CY2016Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
11085000 USD
CY2015Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
0 USD
CY2016Q2 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
6430000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2454000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10047000 USD
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
12841000 USD
CY2016Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
13400000 USD
CY2015Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0 USD
CY2016Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
6333000 USD
CY2015Q4 us-gaap Deferred Set Up Costs Current
DeferredSetUpCostsCurrent
609000 USD
CY2016Q2 us-gaap Deferred Set Up Costs Current
DeferredSetUpCostsCurrent
4903000 USD
CY2015Q4 us-gaap Deferred Set Up Costs Noncurrent
DeferredSetUpCostsNoncurrent
0 USD
CY2016Q2 us-gaap Deferred Set Up Costs Noncurrent
DeferredSetUpCostsNoncurrent
11024000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
53573000 USD
CY2016Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
14211000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
15100000 USD
CY2016Q2 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
12500000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
180974000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
166557000 USD
CY2015Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000 USD
CY2016Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
53528000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
57239000 USD
CY2015Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2016Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-465000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2066000 USD
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-9800000 USD
CY2015Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-3258000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-4931000 USD
CY2016Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-3054000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-6494000 USD
CY2015Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
4293000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-2232000 USD
CY2016Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
474000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
4973000 USD
CY2015Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
413000 USD
CY2016Q2 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
0 USD
CY2015Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
44886000 USD
CY2016Q2 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
36119000 USD
CY2015Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
18014000 USD
CY2016Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
12695000 USD
CY2015Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
39709000 USD
CY2016Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
28276000 USD
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2346000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2106000 USD
CY2015Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.304
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.057
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.283
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.260
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.546
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.315
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.083
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.093
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.108
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.022
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14775000 USD
CY2016Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14671000 USD
CY2015Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-8308000 USD
CY2016Q2 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-8315000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
26200000 USD
CY2016Q2 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
86000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
86000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2015Q2 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
CY2016Q2 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
302000 USD
us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
302000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
45107000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
45107000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
24208000 USD
us-gaap Gross Profit
GrossProfit
59155000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
5658000 USD
us-gaap Gross Profit
GrossProfit
-11272000 USD
CY2015Q4 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
23192000 USD
CY2016Q2 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
20538000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2021000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18028000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14890000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-52001000 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-323000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-302000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-121000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-244000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
614000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1021000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4219000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-13507000 USD
CY2015Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
0 USD
CY2016Q2 us-gaap Income Tax Receivable
IncomeTaxReceivable
21311000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
13285000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
3845000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-35318000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7979000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
29006000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19062000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-9472000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
8843000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-11904000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3055000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
14050000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5614000 USD
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-4059000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-7748000 USD
CY2016Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-2519000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-4435000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
9751000 USD
us-gaap Interest Expense
InterestExpense
18160000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
10435000 USD
us-gaap Interest Expense
InterestExpense
23479000 USD
CY2015Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-5235000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9305000 USD
CY2016Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7480000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-18164000 USD
CY2015Q2 us-gaap Interest Income Other
InterestIncomeOther
457000 USD
us-gaap Interest Income Other
InterestIncomeOther
1107000 USD
CY2016Q2 us-gaap Interest Income Other
InterestIncomeOther
436000 USD
us-gaap Interest Income Other
InterestIncomeOther
880000 USD
us-gaap Interest Paid Net
InterestPaidNet
3729000 USD
us-gaap Interest Paid Net
InterestPaidNet
10321000 USD
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4854000 USD
CY2016Q2 us-gaap Interest Payable Current
InterestPayableCurrent
4155000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1120996000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
1049179000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2399959000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2314368000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
210912000 USD
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
190808000 USD
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
71640000 USD
CY2016Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
71786000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
71786000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
245426000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
7378000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
114169000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4973000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
222407000 USD
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
72090000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
677695000 USD
CY2016Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
638985000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
239721000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-4309000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-221530000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-20476000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3033000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
24889000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-2635000 USD
us-gaap Net Income Loss
NetIncomeLoss
17007000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-10671000 USD
us-gaap Net Income Loss
NetIncomeLoss
-38494000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2635000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17007000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10671000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38494000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2635000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
16911000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10671000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-38494000 USD
CY2015Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
10000000 USD
CY2016Q2 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
10000000 USD
CY2016Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
10000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7674000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
30002000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9295000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-40051000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7843000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8257000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
39518000 USD
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
41465000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
507000 USD
CY2016Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
276000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1586000 USD
CY2016Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1155000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
41608000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42018000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2020000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-21216000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4293000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2232000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
474000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-6494000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2311000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1202000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
236000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2553000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
15889000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2020000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-14641000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20927000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-289000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20182000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-212000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14167000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15954000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-3258000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-4931000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-3054000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
3346000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-8365000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-2344000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
1032000 USD
CY2015Q4 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
3398000 USD
CY2016Q2 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
3475000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
51415000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
52829000 USD
CY2015Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
899000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3825000 USD
CY2016Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
396000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2968000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5036000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6192000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1308000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3188000 USD
CY2015Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
10142000 USD
CY2016Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
12689000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1056000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
187000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1533000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1230000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
232872000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
57563000 USD
CY2015Q4 us-gaap Prepaid Insurance
PrepaidInsurance
5433000 USD
CY2016Q2 us-gaap Prepaid Insurance
PrepaidInsurance
222000 USD
CY2015Q2 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2140000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3540000 USD
CY2016Q2 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1200000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
38773000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
250000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
25000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7500000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10887000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2512000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
600000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2544857000 USD
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2565180000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1603009000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1581962000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
6480000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
7500000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
15000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
107267000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
198306000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16534000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
17858000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
404299000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
365805000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
166016000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
355657000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29153000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14953000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28779000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3515000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2867000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1278963000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
1265189000 USD
CY2015Q4 us-gaap Supplies
Supplies
4985000 USD
CY2016Q2 us-gaap Supplies
Supplies
4601000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
8136000 USD
CY2016Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
9988000 USD
CY2015Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
20465000 USD
CY2016Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
16216000 USD
CY2015Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-2635000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
16911000 USD
CY2016Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-10671000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-38494000 USD
CY2015Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
96000 USD
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2015Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1941000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
6147000 USD
CY2015Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
7842000 USD
CY2016Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
8774000 USD
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105357000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105324000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107767000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106838000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105357000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105324000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107767000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106838000 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Company Overview</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. We seek to provide services and methodologies that we believe are critical to developing offshore reservoirs and maximizing production economics. We provide services primarily in deepwater in the U.S. Gulf of Mexico, North Sea, Asia Pacific and West Africa regions, and are expanding our operations offshore Brazil. Our &#8220;life of field&#8221; services are segregated into </font><font style="font-family:Arial;font-size:10pt;">three</font><font style="font-family:Arial;font-size:10pt;"> reportable business segments: Well Intervention, Robotics and Production Facilities (Note&#160;11).</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Our Well Intervention segment includes our vessels and equipment used to perform well intervention services primarily in the U.S. Gulf of Mexico and North Sea regions. Our Well Intervention segment also includes intervention riser systems (&#8220;IRSs&#8221;), some of which we rent out on a stand-alone basis, and subsea intervention lubricators (&#8220;SILs&#8221;). Our well intervention vessels include the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Q4000</font><font style="font-family:Arial;font-size:10pt;">, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Q5000</font><font style="font-family:Arial;font-size:10pt;">, the</font><font style="font-family:Arial;font-size:10pt;font-style:italic;"> Well Enhancer</font><font style="font-family:Arial;font-size:10pt;">, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Seawell</font><font style="font-family:Arial;font-size:10pt;">, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Helix 534</font><font style="font-family:Arial;font-size:10pt;"> and the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Skandi Constructor</font><font style="font-family:Arial;font-size:10pt;">, which is a chartered vessel. In April 2016, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Q5000</font><font style="font-family:Arial;font-size:10pt;">, a newbuild semi-submersible well intervention vessel, commenced operations in the Gulf of Mexico under our five-year contract with BP. The vessel went on contracted rates on May&#160;19, 2016, and we have been notified by BP that they will not take more than the minimum </font><font style="font-family:Arial;font-size:10pt;">270</font><font style="font-family:Arial;font-size:10pt;"> contracted days in 2017. We currently have another semi-submersible well intervention vessel under construction, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Q7000</font><font style="font-family:Arial;font-size:10pt;">. We are chartering the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Siem Helix 1</font><font style="font-family:Arial;font-size:10pt;"> and have contracted to charter the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Siem Helix 2.</font><font style="font-family:Arial;font-size:10pt;"> These </font><font style="font-family:Arial;font-size:10pt;">two</font><font style="font-family:Arial;font-size:10pt;"> newbuild monohull vessels are to be used in connection with our contracts to provide well intervention services offshore Brazil.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Our Robotics segment includes remotely operated vehicles (&#8220;ROVs&#8221;), trenchers and ROVDrills designed to complement offshore construction and well intervention services, and currently operates </font><font style="font-family:Arial;font-size:10pt;">three</font><font style="font-family:Arial;font-size:10pt;"> chartered ROV support vessels following the expiration of the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Rem Installer</font><font style="font-family:Arial;font-size:10pt;"> charter on July&#160;12, 2016. Another chartered ROV support vessel, the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Grand Canyon III</font><font style="font-family:Arial;font-size:10pt;">, was delivered by the shipyard to the vessel owner in May&#160;2016. The vessel is currently stacked by the owner and is expected to be in service for us in May&#160;2017.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Our Production Facilities segment includes the </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Helix Producer I</font><font style="font-family:Arial;font-size:10pt;"> vessel (</font><font style="font-family:Arial;font-size:10pt;font-style:italic;">&#8220;HP&#160;I&#8221;</font><font style="font-family:Arial;font-size:10pt;">), a ship-shaped dynamic positioning floating production unit, and the Helix Fast Response System (&#8220;HFRS&#8221;), which provides certain operators access to our </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Q4000</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">HP&#160;I</font><font style="font-family:Arial;font-size:10pt;"> vessels in the event of a well control incident in the Gulf of Mexico. The </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">HP&#160;I</font><font style="font-family:Arial;font-size:10pt;"> is currently contracted to process production from the Phoenix field. Our existing contract for service to the Phoenix field has been extended until at least December&#160;31, 2017. The Production Facilities segment also includes our ownership interest in Independence Hub, LLC (&#8220;Independence Hub&#8221;) and included our former ownership interest in Deepwater Gateway, L.L.C. (&#8220;Deepwater Gateway&#8221;) that we sold for </font><font style="font-family:Arial;font-size:10pt;">$25 million</font><font style="font-family:Arial;font-size:10pt;"> in February&#160;2016 (Note&#160;5).</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In January&#160;2016, we sold our office and warehouse property located in Aberdeen, Scotland for approximately </font><font style="font-family:Arial;font-size:10pt;">$11 million</font><font style="font-family:Arial;font-size:10pt;"> and entered into a separate agreement with the same party to lease back the facility for a minimum lease term of </font><font style="font-family:Arial;font-size:10pt;">15</font><font style="font-family:Arial;font-size:10pt;"> years with </font><font style="font-family:Arial;font-size:10pt;">two</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">five</font><font style="font-family:Arial;font-size:10pt;">-year options to extend the lease at our option. A gain of approximately </font><font style="font-family:Arial;font-size:10pt;">$7.6 million</font><font style="font-family:Arial;font-size:10pt;"> from the sale of this property is deferred and will be amortized over the </font><font style="font-family:Arial;font-size:10pt;">15</font><font style="font-family:Arial;font-size:10pt;">-year minimum lease term.</font></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain reclassifications were made to previously reported amounts in the consolidated financial statements and notes thereto to make them consistent with the current presentation format.</font></div></div>

Files In Submission

Name View Source Status
0000866829-16-000083-index-headers.html Edgar Link pending
0000866829-16-000083-index.html Edgar Link pending
0000866829-16-000083.txt Edgar Link pending
0000866829-16-000083-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hlx-20160630.xml Edgar Link completed
hlx-20160630.xsd Edgar Link pending
hlx-20160630_cal.xml Edgar Link unprocessable
hlx-20160630_def.xml Edgar Link unprocessable
hlx-20160630_lab.xml Edgar Link unprocessable
hlx-20160630_pre.xml Edgar Link unprocessable
hlx06302016-10q.htm Edgar Link pending
hlx06302016-ex311.htm Edgar Link pending
hlx06302016-ex312.htm Edgar Link pending
hlx06302016-ex321.htm Edgar Link pending
logo.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending