2020 Q4 Form 10-K Financial Statement

#000086682921000007 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $159.9M $733.6M $170.7M
YoY Change -6.36% -2.44% 7.83%
Cost Of Revenue $146.2M $653.6M $144.2M
YoY Change 1.39% 6.44% -0.21%
Gross Profit $13.70M $79.91M $26.58M
YoY Change -48.47% -42.03% 92.43%
Gross Profit Margin 8.56% 10.89% 15.56%
Selling, General & Admin $12.80M $61.08M $20.90M
YoY Change -38.76% -12.54% 20.81%
% of Gross Profit 93.46% 76.44% 78.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.10M $133.7M $28.30M
YoY Change 20.49% 18.62% 4.04%
% of Gross Profit 249.0% 167.33% 106.49%
Operating Expenses $12.90M $61.08M $20.90M
YoY Change -38.28% -12.54% 20.81%
Operating Profit $795.0K $13.03M $5.676M
YoY Change -85.99% -80.84% -262.68%
Interest Expense -$7.900M $30.54M -$600.0K
YoY Change 1216.67% -2.08% -91.89%
% of Operating Profit -993.71% 234.46% -10.57%
Other Income/Expense, Net $8.600M $4.724M $4.000M
YoY Change 115.0% 305.49% -335.29%
Pretax Income $1.500M $1.383M $9.100M
YoY Change -83.52% -97.89% -172.22%
Income Tax -$2.600M -$18.70M $1.100M
% Of Pretax Income -173.33% -1352.21% 12.09%
Net Earnings $4.163M $22.17M $8.052M
YoY Change -48.3% -61.72% -158.57%
Net Earnings / Revenue 2.6% 3.02% 4.72%
Basic Earnings Per Share $0.03 $0.13 $0.05
Diluted Earnings Per Share $0.03 $0.13 $0.05
COMMON SHARES
Basic Shares Outstanding 150.2M shares 149.0M 148.8M shares
Diluted Shares Outstanding 149.9M

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $291.3M $291.3M $208.4M
YoY Change 39.78% 39.78% -25.44%
Cash & Equivalents $291.3M $291.3M $208.4M
Short-Term Investments
Other Short-Term Assets $102.1M $49.10M $50.45M
YoY Change 102.36% -52.7% -2.22%
Inventory
Prepaid Expenses $15.90M $12.64M
Receivables $132.2M $134.7M $125.5M
Other Receivables $50.50M $50.50M $0.00
Total Short-Term Assets $525.6M $525.6M $438.5M
YoY Change 19.88% 19.86% -2.76%
LONG-TERM ASSETS
Property, Plant & Equipment $1.783B $1.933B $1.873B
YoY Change -4.79% -6.81% 2.51%
Goodwill $0.00 $7.157M
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $40.01M $36.20M $84.51M
YoY Change -52.65% -21.65% 20.63%
Total Long-Term Assets $1.973B $1.973B $2.158B
YoY Change -8.6% -8.6% 13.78%
TOTAL ASSETS
Total Short-Term Assets $525.6M $525.6M $438.5M
Total Long-Term Assets $1.973B $1.973B $2.158B
Total Assets $2.498B $2.498B $2.597B
YoY Change -3.79% -3.79% 10.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $50.02M $50.00M $69.06M
YoY Change -27.56% -27.64% 25.98%
Accrued Expenses $87.04M $130.5M $62.39M
YoY Change 39.5% 26.45% -27.11%
Deferred Revenue $8.140M $11.57M
YoY Change -29.63% 14.5%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $90.65M $90.70M $99.73M
YoY Change -9.1% -9.03% 111.06%
Total Short-Term Liabilities $279.3M $279.3M $285.0M
YoY Change -1.98% -2.0% 48.81%
LONG-TERM LIABILITIES
Long-Term Debt $258.9M $258.9M $306.1M
YoY Change -15.42% -15.42% -22.12%
Other Long-Term Liabilities $3.878M $104.9M $38.64M
YoY Change -89.96% -44.93% -2.26%
Total Long-Term Liabilities $262.8M $363.8M $344.8M
YoY Change -23.78% -26.74% -20.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $279.3M $279.3M $285.0M
Total Long-Term Liabilities $262.8M $363.8M $344.8M
Total Liabilities $753.9M $757.8M $893.7M
YoY Change -15.64% -15.53% 22.43%
SHAREHOLDERS EQUITY
Retained Earnings $464.5M $445.4M
YoY Change 4.3% 16.27%
Common Stock $1.328B $1.319B
YoY Change 0.65% 0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.740B $1.741B $1.700B
YoY Change
Total Liabilities & Shareholders Equity $2.498B $2.498B $2.597B
YoY Change -3.79% -3.79% 10.61%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $4.163M $22.17M $8.052M
YoY Change -48.3% -61.72% -158.57%
Depreciation, Depletion And Amortization $34.10M $133.7M $28.30M
YoY Change 20.49% 18.62% 4.04%
Cash From Operating Activities $40.20M $98.80M $79.80M
YoY Change -49.62% -41.77% 73.86%
INVESTING ACTIVITIES
Capital Expenditures -$1.000M -$20.20M -$95.30M
YoY Change -98.95% -85.66% 16.65%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $100.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.000M -$19.28M -$95.20M
YoY Change -98.95% -86.46% 18.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.60M -52.58M -10.20M
YoY Change 3.92% 14.75% 0.0%
NET CHANGE
Cash From Operating Activities 40.20M 98.80M 79.80M
Cash From Investing Activities -1.000M -19.28M -95.20M
Cash From Financing Activities -10.60M -52.58M -10.20M
Net Change In Cash 28.60M 28.76M -25.60M
YoY Change -211.72% -270.19% -42.98%
FREE CASH FLOW
Cash From Operating Activities $40.20M $98.80M $79.80M
Capital Expenditures -$1.000M -$20.20M -$95.30M
Free Cash Flow $41.20M $119.0M $175.1M
YoY Change -76.47% -61.68% 37.23%

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CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 1 — Organization</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Unless the context indicates otherwise, the terms “we,” “us” and “our” in this Annual Report refer collectively to Helix Energy Solutions Group, Inc. and its subsidiaries (“Helix” or the “Company”). 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 primarily in deepwater in the Gulf of Mexico, Brazil, North Sea, Asia Pacific and West Africa regions.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Our Operations</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our services are segregated into three reportable business segments: Well Intervention, Robotics and Production Facilities (Note 15).</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="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 access offshore wells for the purpose of performing well enhancement or decommissioning operations primarily in the Gulf of Mexico, Brazil, the North Sea and West Africa. Our well intervention vessels include the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Q4000</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Q5000</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Q7000</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Seawell</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Well Enhancer</span><span style="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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Siem Helix</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">1</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Siem Helix</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">2</span><span style="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”), subsea intervention lubricators (“SILs”) and the Riserless Open-water Abandonment Module (“ROAM”), some of which we provide on a stand-alone basis.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="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 globally. Our Robotics segment also includes two robotics support vessels under long-term charter, the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Grand Canyon</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">II</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and the </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Grand Canyon</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">III</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, as well as spot vessels as needed.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="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="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Helix Producer</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">I</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (the “</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">HP I</span><span style="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”), and our ownership of oil and gas properties. All of our current Production Facilities activities are located in the Gulf of Mexico.</span></div>
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.</span></div>
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
54100000 USD
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DeferredRecertificationAndDryDockCostsNet
21500000 USD
CY2019Q4 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
16100000 USD
CY2020Q4 hlx Accumulated Amortization Deferred Recertification And Dry Dock Costs
AccumulatedAmortizationDeferredRecertificationAndDryDockCosts
21800000 USD
CY2019Q4 hlx Accumulated Amortization Deferred Recertification And Dry Dock Costs
AccumulatedAmortizationDeferredRecertificationAndDryDockCosts
15700000 USD
CY2020 hlx Recertification And Dry Dock Amortization Expense
RecertificationAndDryDockAmortizationExpense
14300000 USD
CY2019 hlx Recertification And Dry Dock Amortization Expense
RecertificationAndDryDockAmortizationExpense
12400000 USD
CY2018 hlx Recertification And Dry Dock Amortization Expense
RecertificationAndDryDockAmortizationExpense
8300000 USD
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4600000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1500000 USD
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ForeignCurrencyTransactionGainLossBeforeTax
-4300000 USD
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2446000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
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740000 USD
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15904000 USD
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12635000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
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23522000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net Current
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28340000 USD
CY2020Q4 us-gaap Income Taxes Receivable
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20787000 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1261000 USD
CY2020Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
29782000 USD
CY2019Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
0 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
9651000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7474000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
102092000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
50450000 USD
CY2020Q4 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
21464000 USD
CY2019Q4 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
16065000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
861000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
14531000 USD
CY2020Q4 us-gaap Deposits Assets Noncurrent
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12544000 USD
CY2019Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000 USD
CY2020Q4 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
0 USD
CY2019Q4 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
27264000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
7157000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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3809000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3847000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1335000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
3100000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40013000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
84508000 USD
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
30913000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24768000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31417000 USD
CY2020Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
7098000 USD
CY2019Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
3942000 USD
CY2020Q4 hlx Investee Losses In Excess Of Investment Current
InvesteeLossesInExcessOfInvestmentCurrent
1499000 USD
CY2019Q4 hlx Investee Losses In Excess Of Investment Current
InvesteeLossesInExcessOfInvestmentCurrent
4069000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
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8140000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
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11568000 USD
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
0 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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14617000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
11393000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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87035000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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62389000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1869000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
8286000 USD
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
0 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
28258000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2009000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2100000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3878000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
38644000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
37524000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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2948907000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2922274000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
2100000 USD
CY2020 us-gaap Operating Lease Cost
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64742000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
70860000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
15021000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
13780000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
20384000 USD
CY2020 us-gaap Sublease Income
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1286000 USD
CY2019 us-gaap Sublease Income
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1391000 USD
CY2020 us-gaap Lease Cost
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116001000 USD
CY2019 us-gaap Lease Cost
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103633000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
147800000 USD
CY2018 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
1400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
60649000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
57541000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
39229000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6844000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2340000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4054000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
170657000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18049000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
152608000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
51599000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
101009000 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
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205612000 USD
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53785000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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151827000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y1M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2020Q4 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
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
66026000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
71698000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
516000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1168000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
258912000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
45692000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
22540000 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
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9477000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
7753000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
349563000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
405853000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
90651000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
99731000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
306122000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
90882000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
42937000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
38333000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
8749000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
9186000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
214645000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
404732000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
45692000 USD
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9477000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
349563000 USD
CY2020Q4 us-gaap Long Term Debt Current
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90651000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
258912000 USD
CY2020 us-gaap Interest Expense
InterestExpense
30538000 USD
CY2019 us-gaap Interest Expense
InterestExpense
31186000 USD
CY2018 us-gaap Interest Expense
InterestExpense
32617000 USD
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
1182000 USD
CY2019 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
20246000 USD
CY2018 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
15629000 USD
CY2020 us-gaap Interest Income Other
InterestIncomeOther
825000 USD
CY2019 us-gaap Interest Income Other
InterestIncomeOther
2607000 USD
CY2018 us-gaap Interest Income Other
InterestIncomeOther
3237000 USD
CY2020 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-28531000 USD
CY2019 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8333000 USD
CY2018 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-13751000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-14818000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4374000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4830000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3883000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3485000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2430000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18701000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7859000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-15074000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
3715000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-3161000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-3627000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
4144000 USD
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
5561000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18701000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7859000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 USD
CY2020 hlx Deferred Income Tax Expense From Cares Act
DeferredIncomeTaxExpenseFromCARESAct
11300000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-3406000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2219000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-28838000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4789000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
63337000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
59836000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1383000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65556000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30998000 USD
CY2020 hlx Net Income Tax Benefit From Cares Act
NetIncomeTaxBenefitFromCARESAct
7600000 USD
CY2020 hlx Current Income Tax Benefit From Cares Act
CurrentIncomeTaxBenefitFromCARESAct
18900000 USD
CY2020 hlx Net Income Tax Benefit From Cares Act
NetIncomeTaxBenefitFromCARESAct
7600000 USD
CY2020 hlx Number Of Foreign Subsidiaries
NumberOfForeignSubsidiaries
2 numberOfForeignSubsidiaries
CY2020 hlx Net Deferred Income Tax Benefits From Foreign Subsidiary Restructuring
NetDeferredIncomeTaxBenefitsFromForeignSubsidiaryRestructuring
8300000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
290000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13767000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6510000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-3426000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-2.477
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-6557000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.100
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-4941000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.159
CY2020 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
-7596000 USD
CY2020 hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
-5.492
CY2019 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
0 USD
CY2019 hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0
CY2018 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
0 USD
CY2018 hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
0
CY2020 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
-8333000 USD
CY2020 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
-6.025
CY2019 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
0 USD
CY2019 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
0
CY2018 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
0 USD
CY2018 hlx Effective Income Tax Reconciliation Subsidiary Restructuring Percent
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
0
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
364000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.262
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
649000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.010
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
831000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.026
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18701000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-13.522
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7859000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.120
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.077
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
153226000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
166239000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
9298000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
4643000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
162524000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
170882000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
59794000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
64178000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
11631000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
13203000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
71425000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
77381000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19722000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
18631000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
110821000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
112132000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
62200000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
700000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
300000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
240000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-51620000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-64455000 USD
CY2020Q4 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
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-51620000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-64740000 USD
CY2020Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
6913705 shares
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
733555000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
751909000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
739818000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2400000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
700000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10000000.0 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
19900000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11600000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10100000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11600000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
406700000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
301200000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
72900000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
32600000 USD
CY2019 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
2100000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
24400000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
42900000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
35800000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
31500000 USD
CY2018 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
33100000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
22174000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
57919000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
28598000 USD
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
140000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
487000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
273000 USD
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2400000 USD
CY2019 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
143000 USD
CY2018 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19634000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148993000 shares
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57289000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147536000 shares
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28325000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146702000 shares
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19634000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148993000 shares
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57289000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147536000 shares
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28325000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146702000 shares
CY2020 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
904000 shares
CY2019 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2041000 shares
CY2018 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
0 USD
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
128000 shares
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
6000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1000 USD
CY2020 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
19635000 USD
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149897000 shares
CY2019 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
57295000 USD
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149577000 shares
CY2018 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
28326000 USD
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146830000 shares
CY2020 hlx Number Of Active Incentive Plans
NumberOfActiveIncentivePlans
1
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
733555000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
751909000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
739818000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6689000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
13025000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
67997000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
51543000 USD
CY2020 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-28531000 USD
CY2019 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8333000 USD
CY2018 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-13751000 USD
CY2020 hlx Net Other Nonoperating Income Expense Excluding Interest
NetOtherNonoperatingIncomeExpenseExcludingInterest
16889000 USD
CY2019 hlx Net Other Nonoperating Income Expense Excluding Interest
NetOtherNonoperatingIncomeExpenseExcludingInterest
5892000 USD
CY2018 hlx Net Other Nonoperating Income Expense Excluding Interest
NetOtherNonoperatingIncomeExpenseExcludingInterest
-6794000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1383000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65556000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30998000 USD
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
20244000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
140854000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
137083000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
133709000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112720000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110522000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
733555000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
751909000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
739818000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1782964000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1872637000 USD
CY2020Q4 us-gaap Assets
Assets
2498278000 USD
CY2019Q4 us-gaap Assets
Assets
2596731000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28258000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
0 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
53294000 USD
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
0 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
28296000 USD
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
822000 USD
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2655000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2438000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
30913000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28258000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10200000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
15943000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1909000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
7369000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
7434000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
8856000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
5705000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1600000 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
CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-95000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-680000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-847000 USD
CY2020 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-452000 USD
CY2019 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-5470000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-7201000 USD
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-81000 USD
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-378000 USD
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-901000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
181021000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199147000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
193490000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159897000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
2010000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
29576000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
34628000 USD
CY2020Q4 us-gaap Gross Profit
GrossProfit
13695000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-13928000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
5450000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
24445000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
4117000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-11938000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
5450000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
24499000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
4163000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
166823000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
201728000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212609000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
170749000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
16254000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
39934000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
55074000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
26576000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
1318000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
16823000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
31622000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
7934000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1318000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
16854000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
31695000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
8052000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05

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