2020 Q2 Form 10-Q Financial Statement

#000086682920000025 Filed on July 24, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $199.1M $201.7M $166.8M
YoY Change -1.28% -1.42% 1.56%
Cost Of Revenue $169.6M $161.8M $150.6M
YoY Change 4.81% 0.04% -0.47%
Gross Profit $29.58M $39.93M $16.25M
YoY Change -25.94% -6.91% 25.19%
Gross Profit Margin 14.85% 19.8% 9.74%
Selling, General & Admin $15.86M $16.86M $15.99M
YoY Change -5.97% -6.97% 13.38%
% of Gross Profit 53.61% 42.22% 98.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00M $28.00M $28.51M
YoY Change 21.43% 0.36% 2.62%
% of Gross Profit 114.96% 70.12% 175.4%
Operating Expenses $15.86M $16.86M $15.99M
YoY Change -5.97% -6.97% 13.38%
Operating Profit $14.19M $23.07M $269.0K
YoY Change -38.48% -6.86% -124.1%
Interest Expense $7.179M $8.045M $7.896M
YoY Change -10.76% 0.05% -4.86%
% of Operating Profit 50.58% 34.87% 2935.32%
Other Income/Expense, Net -$2.069M -$1.311M $1.166M
YoY Change 57.82% -61.9% 26.05%
Pretax Income $5.179M $19.70M $1.642M
YoY Change -73.71% 8.94% -166.4%
Income Tax -$271.0K $2.876M $324.0K
% Of Pretax Income -5.23% 14.6% 19.73%
Net Earnings $5.450M $16.85M $1.318M
YoY Change -67.66% -5.23% -151.48%
Net Earnings / Revenue 2.74% 8.35% 0.79%
Basic Earnings Per Share $0.04 $0.11 $0.01
Diluted Earnings Per Share $0.04 $0.11 $0.01
COMMON SHARES
Basic Shares Outstanding 149.0M 147.5M shares 147.4M shares
Diluted Shares Outstanding 149.7M 148.1M shares 147.8M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $178.4M $261.1M $220.0M
YoY Change -31.67% -9.5% -19.71%
Cash & Equivalents $178.4M $261.1M $220.0M
Short-Term Investments
Other Short-Term Assets $91.82M $77.76M $87.18M
YoY Change 18.07% 50.94% 88.56%
Inventory
Prepaid Expenses $11.00M $15.22M $16.96M
Receivables $165.9M $79.92M $102.1M
Other Receivables $47.50M $26.00M $26.00M
Total Short-Term Assets $478.3M $489.9M $450.6M
YoY Change -2.38% -1.36% 2.06%
LONG-TERM ASSETS
Property, Plant & Equipment $1.779B $1.804B $1.818B
YoY Change -1.38% 1.12% 0.88%
Goodwill $0.00 $6.763M
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $52.20M $98.71M $98.28M
YoY Change -47.12% 15.01% 3.02%
Total Long-Term Assets $2.006B $2.130B $2.157B
YoY Change -5.81% 13.91% 13.65%
TOTAL ASSETS
Total Short-Term Assets $478.3M $489.9M $450.6M
Total Long-Term Assets $2.006B $2.130B $2.157B
Total Assets $2.485B $2.620B $2.607B
YoY Change -5.17% 10.71% 11.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $71.40M $76.54M $63.85M
YoY Change -6.71% 9.93% -10.98%
Accrued Expenses $80.27M $84.61M $81.84M
YoY Change -5.13% 4.35% 27.09%
Deferred Revenue $10.53M $11.24M $9.748M
YoY Change -6.32%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $82.03M $117.0M $47.89M
YoY Change -29.91% 153.59% 3.0%
Total Short-Term Liabilities $286.7M $332.6M $248.8M
YoY Change -13.8% 67.71% 36.26%
LONG-TERM LIABILITIES
Long-Term Debt $304.8M $307.5M $381.3M
YoY Change -0.85% -25.53% -9.4%
Other Long-Term Liabilities $6.286M $41.28M $48.43M
YoY Change -84.77% -11.6% 27.12%
Total Long-Term Liabilities $311.1M $348.7M $429.7M
YoY Change -10.79% -24.11% -6.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $286.7M $332.6M $248.8M
Total Long-Term Liabilities $311.1M $348.7M $429.7M
Total Liabilities $826.6M $968.4M $977.5M
YoY Change -14.65% 26.68% 30.31%
SHAREHOLDERS EQUITY
Retained Earnings $436.1M $405.7M $388.9M
YoY Change 7.48% 9.76% 10.53%
Common Stock $1.319B $1.314B $1.311B
YoY Change 0.33% 0.78% 0.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.655B $1.648B $1.630B
YoY Change
Total Liabilities & Shareholders Equity $2.485B $2.620B $2.607B
YoY Change -5.17% 10.71% 11.46%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $5.450M $16.85M $1.318M
YoY Change -67.66% -5.23% -151.48%
Depreciation, Depletion And Amortization $34.00M $28.00M $28.51M
YoY Change 21.43% 0.36% 2.62%
Cash From Operating Activities $23.20M $66.80M -$34.25M
YoY Change -65.27% 43.04% -183.53%
INVESTING ACTIVITIES
Capital Expenditures -$5.200M -$15.80M -$11.70M
YoY Change -67.09% -24.04% -44.81%
Acquisitions
YoY Change
Other Investing Activities $500.0K -$1.300M $326.0K
YoY Change -138.46%
Cash From Investing Activities -$4.700M -$17.00M -$11.96M
YoY Change -72.35% -18.27% -43.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.700M -8.400M -$14.06M
YoY Change 15.48% -17.65% 9.8%
NET CHANGE
Cash From Operating Activities 23.20M 66.80M -$34.25M
Cash From Investing Activities -4.700M -17.00M -$11.96M
Cash From Financing Activities -9.700M -8.400M -$14.06M
Net Change In Cash 8.800M 41.40M -$59.44M
YoY Change -78.74% 163.69% -949.09%
FREE CASH FLOW
Cash From Operating Activities $23.20M $66.80M -$34.25M
Capital Expenditures -$5.200M -$15.80M -$11.70M
Free Cash Flow $28.40M $82.60M -$22.55M
YoY Change -65.62% 22.37% -136.25%

Facts In Submission

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us-gaap Nature Of Operations
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<div style="text-align:justify;margin-top:10pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Note 2 — Company Overview</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">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 provide services and methodologies that we believe are critical to maximizing production economics. Our services cover the lifecycle of an offshore oil or gas field. Our services also include subsea cable burial and seabed clearing services for the offshore renewable energy sector. We provide services primarily in deepwater in the Gulf of Mexico, Brazil, North Sea, Asia Pacific and West Africa regions. Our services are segregated into three reportable business segments: Well Intervention, Robotics and Production Facilities (Note 13).</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Our Well Intervention segment includes our vessels and/or equipment used to perform well intervention services primarily in the Gulf of Mexico, Brazil, the North Sea and West Africa. Our well intervention vessels include the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Q4000</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Q5000</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Q7000</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Seawell</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> Well Enhancer</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, and two chartered monohull vessels, the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Siem H</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">elix </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">1</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> and the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Siem Helix 2</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">. Our well intervention equipment includes intervention riser systems (“IRSs”) and subsea intervention lubricators (“SILs”), some of which we provide on a stand-alone basis.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Our Robotics segment includes remotely operated vehicles (“ROVs”), trenchers and a ROVDrill, which are designed to complement well intervention services and offshore construction to both the oil and gas and the renewable energy markets. Our Robotics segment also includes two robotics support vessels under long-term charter, the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Grand Canyon II</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> and the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Grand Canyon III</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, as well as spot vessels as needed, including the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Ross Candies</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, which is under a flexible charter agreement through August 2020.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Our Production Facilities segment includes the </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Helix Producer</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">I</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> (the “</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">HP I</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">”), a ship-shaped dynamically positioned floating production vessel, the Helix Fast Response System (the “HFRS”), our ownership interest in Independence Hub, LLC (“Independence Hub”) (Note 4), and our ownership of oil and gas properties. All of our current production facilities activities are located in the Gulf of Mexico.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">On May 29, 2019, we acquired a 70% controlling interest in Subsea Technologies Group Limited (“STL”), a subsea engineering firm based in Aberdeen, Scotland, for $5.1 million. The holders of the remaining 30% noncontrolling interest have the right to put their shares to us in June 2024. These redeemable noncontrolling interests were recognized as temporary equity at their estimated fair value of $3.4 million at the acquisition date. In March 2020, we recorded an impairment loss to write off the goodwill associated with the STL acquisition (Note 6). STL is included in our Well Intervention segment (Note 13) and its revenue and earnings are immaterial to our consolidated results.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
443000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
740000 USD
CY2020Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11001000 USD
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12635000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
25774000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
28340000 USD
CY2020Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
18927000 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1261000 USD
CY2020Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
28541000 USD
CY2019Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
0 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7132000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7474000 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
91818000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
50450000 USD
CY2020Q2 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
611000 USD
CY2019Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
777000 USD
CY2020Q2 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
27020000 USD
CY2019Q4 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
16065000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
6289000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
14531000 USD
CY2020Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000 USD
CY2019Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000 USD
CY2020Q2 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
0 USD
CY2019Q4 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
27264000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
7157000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3645000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3847000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2087000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2323000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
52196000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
84508000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21800000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31417000 USD
CY2020Q2 hlx Investee Losses In Excess Of Investment Current
InvesteeLossesInExcessOfInvestmentCurrent
2248000 USD
CY2019Q4 hlx Investee Losses In Excess Of Investment Current
InvesteeLossesInExcessOfInvestmentCurrent
4069000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10530000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11568000 USD
CY2020Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
29562000 USD
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
0 USD
CY2020Q2 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
0 USD
CY2019Q4 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
1002000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16128000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14333000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
80268000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
62389000 USD
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4262000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
8286000 USD
CY2020Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
0 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
28258000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2024000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2100000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6286000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
38644000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
16106000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
18056000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
32429000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
36189000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
3840000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
3222000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
7052000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
6297000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9992000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4804000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
17166000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
8962000 USD
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
328000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
373000 USD
us-gaap Sublease Income
SubleaseIncome
607000 USD
us-gaap Sublease Income
SubleaseIncome
726000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
29610000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
25709000 USD
us-gaap Lease Cost
LeaseCost
56040000 USD
us-gaap Lease Cost
LeaseCost
50722000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
32967000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
59945000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
57199000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
39142000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6766000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5937000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
201956000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
23950000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
178006000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
53023000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
124983000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
66820000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
60452000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
57363000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
39202000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6819000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6251000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
236907000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
31295000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
205612000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
53785000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
151827000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0753
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0754
us-gaap Operating Lease Payments
OperatingLeasePayments
32731000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
35784000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
671000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
82306000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
160746000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
8133000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
133538000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
8965000 USD
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
19294000 USD
CY2020Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
412982000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
19224000 USD
CY2020Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6896000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
386862000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
82028000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
304834000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
7179000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
8045000 USD
us-gaap Interest Expense
InterestExpense
14573000 USD
us-gaap Interest Expense
InterestExpense
15941000 USD
CY2020Q2 us-gaap Interest Income Other
InterestIncomeOther
116000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1087000 USD
CY2019Q2 us-gaap Interest Income Other
InterestIncomeOther
675000 USD
us-gaap Interest Income Other
InterestIncomeOther
582000 USD
us-gaap Interest Income Other
InterestIncomeOther
1433000 USD
CY2020Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
0 USD
CY2019Q2 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
5165000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
1182000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
10205000 USD
CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7063000 USD
CY2019Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2205000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-12809000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4303000 USD
hlx Estimated Net Income Tax Benefit From Cares Act
EstimatedNetIncomeTaxBenefitFromCARESAct
5200000 USD
hlx Estimated Current Income Tax Benefit From Cares Act
EstimatedCurrentIncomeTaxBenefitFromCARESAct
15800000 USD
hlx Estimated Deferred Income Tax Expense From Cares Act
EstimatedDeferredIncomeTaxExpenseFromCARESAct
10600000 USD
hlx Estimated Net Income Tax Benefit From Cares Act
EstimatedNetIncomeTaxBenefitFromCARESAct
5200000 USD
CY2019Q2 hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4137000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6267000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4482000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2166000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.418
CY2019Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1664000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.084
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1116000 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.037
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1914000 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.090
CY2020Q2 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
580000 USD
CY2020Q2 hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0.112
CY2019Q2 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
0 USD
hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
-5234000 USD
hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0.176
hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
0 USD
hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0
CY2020Q2 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
0 USD
CY2020Q2 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
0
CY2019Q2 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
0 USD
CY2019Q2 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
0
hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
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hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
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hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
0 USD
hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
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CY2020Q2 us-gaap Income Tax Reconciliation Other Adjustments
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228000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.044
CY2019Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
403000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.020
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-414000 USD
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.014
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
632000 USD
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.030
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-271000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.052
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2876000 USD
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EffectiveIncomeTaxRateContinuingOperations
0.146
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21364000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.716
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3200000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.150
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-99938000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-64455000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
0 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-285000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-99938000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-64740000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199147000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
201728000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
380168000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368551000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
400000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
700000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
14800000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
19900000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6400000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2600000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5200000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
574200000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
262800000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
221500000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
89900000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
32100000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
42900000 USD
CY2020Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
8800000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18000000.0 USD
CY2019Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
8200000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
15900000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
5450000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
16854000 USD
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
37000 USD
CY2019Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
141000 USD
CY2020Q2 hlx Accretion Of Redeemable Noncontrolling Interests
AccretionOfRedeemableNoncontrollingInterests
69000 USD
CY2019Q2 hlx Accretion Of Redeemable Noncontrolling Interests
AccretionOfRedeemableNoncontrollingInterests
18000 USD
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UndistributedEarnings
5344000 USD
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148971000 shares
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CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147521000 shares
CY2020Q2 us-gaap Undistributed Earnings
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5344000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148971000 shares
CY2019Q2 us-gaap Undistributed Earnings
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16695000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147521000 shares
CY2020Q2 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
720000 shares
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AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-8643000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-8643000 USD
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
580000 shares
CY2020Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5344000 USD
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149691000 shares
CY2019Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
16695000 USD
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148101000 shares
us-gaap Net Income Loss
NetIncomeLoss
-6488000 USD
us-gaap Net Income Loss
NetIncomeLoss
18172000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
159000 USD
hlx Accretion Of Redeemable Noncontrolling Interests
AccretionOfRedeemableNoncontrollingInterests
2155000 USD
hlx Accretion Of Redeemable Noncontrolling Interests
AccretionOfRedeemableNoncontrollingInterests
18000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148917000 shares
us-gaap Undistributed Earnings
UndistributedEarnings
17995000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147471000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148917000 shares
us-gaap Undistributed Earnings
UndistributedEarnings
17995000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147471000 shares
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
460000 shares
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-8643000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148917000 shares
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
17995000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147931000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148917000 shares
hlx Weighted Average Number Of Diluted Shares Including Anti Dilutive Securities
WeightedAverageNumberOfDilutedSharesIncludingAntiDilutiveSecurities
149897000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199147000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
201728000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
380168000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
368551000 USD
CY2020Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6689000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
14194000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
23072000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-6833000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
23341000 USD
CY2020Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
29562000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-427000 USD
CY2020Q2 us-gaap Assets
Assets
2484669000 USD
CY2019Q4 us-gaap Assets
Assets
2596731000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28258000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1304000 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
42100000 USD
us-gaap Interest Paid Net
InterestPaidNet
8413000 USD
us-gaap Interest Paid Net
InterestPaidNet
1478000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4937000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5478000 USD
CY2020Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1600000 USD
CY2019Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10200000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
hlx Contract With Customer Receivable Credit Loss Initial Adoption Of Asu201613
ContractWithCustomerReceivableCreditLossInitialAdoptionOfASU201613
785000 USD
us-gaap Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
2424000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3209000 USD
CY2019Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
44000 USD
CY2019Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
401000 USD
CY2019Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
601000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
1000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-278000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-95000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-25000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1975000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-452000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-3821000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2019Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-81000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-42000 USD

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