$HLX
HELIX ENERGY SOLUTIONS GROUP INC

2021 Q2 Form 10-Q Financial Statement

#000086682921000017 Filed on July 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $161.9M $199.1M $181.0M
YoY Change -18.68% -1.28% 8.51%
Cost Of Revenue $158.8M $169.6M $179.0M
YoY Change -6.35% 4.81% 18.89%
Gross Profit $3.130M $29.58M $2.010M
YoY Change -89.42% -25.94% -87.63%
Gross Profit Margin 1.93% 14.85% 1.11%
Selling, General & Admin $13.43M $15.86M $16.35M
YoY Change -15.33% -5.97% 2.27%
% of Gross Profit 428.91% 53.61% 813.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.91M $34.00M $31.60M
YoY Change 2.67% 21.43% 10.84%
% of Gross Profit 1115.24% 114.96% 1572.04%
Operating Expenses $13.43M $15.86M $16.35M
YoY Change -15.33% -5.97% 2.27%
Operating Profit -$10.94M $14.19M -$21.03M
YoY Change -177.08% -38.48% -7916.73%
Interest Expense $5.943M $7.179M $7.394M
YoY Change -17.22% -10.76% -6.36%
% of Operating Profit 50.58%
Other Income/Expense, Net $960.0K -$2.069M -$10.43M
YoY Change -146.4% 57.82% -994.25%
Pretax Income -$15.65M $5.179M -$35.02M
YoY Change -402.2% -73.71% -2232.83%
Income Tax -$2.000M -$271.0K -$21.09M
% Of Pretax Income -5.23%
Net Earnings -$13.71M $5.450M -$11.94M
YoY Change -351.54% -67.66% -1005.77%
Net Earnings / Revenue -8.47% 2.74% -6.59%
Basic Earnings Per Share -$0.09 $0.04 -$0.09
Diluted Earnings Per Share -$0.09 $0.04 -$0.09
COMMON SHARES
Basic Shares Outstanding 150.0M 149.0M 148.9M
Diluted Shares Outstanding 150.0M 149.7M 148.9M

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $243.9M $178.4M $159.4M
YoY Change 36.72% -31.67% -27.55%
Cash & Equivalents $243.9M $178.4M $159.4M
Short-Term Investments
Other Short-Term Assets $78.87M $91.82M $71.76M
YoY Change -14.1% 18.07% -17.7%
Inventory
Prepaid Expenses $12.54M $11.00M $13.04M
Receivables $125.6M $165.9M $147.1M
Other Receivables $42.95M $47.50M $17.00M
Total Short-Term Assets $519.6M $478.3M $430.6M
YoY Change 8.65% -2.38% -4.45%
LONG-TERM ASSETS
Property, Plant & Equipment $1.735B $1.779B $1.810B
YoY Change -2.49% -1.38% -0.45%
Goodwill $0.00 $0.00
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $37.42M $52.20M $86.07M
YoY Change -28.31% -47.12% -12.42%
Total Long-Term Assets $1.898B $2.006B $2.084B
YoY Change -5.4% -5.81% -3.39%
TOTAL ASSETS
Total Short-Term Assets $519.6M $478.3M $430.6M
Total Long-Term Assets $1.898B $2.006B $2.084B
Total Assets $2.418B $2.485B $2.514B
YoY Change -2.7% -5.17% -3.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.11M $71.40M $90.43M
YoY Change -1.82% -6.71% 41.62%
Accrued Expenses $83.62M $80.27M $45.23M
YoY Change 4.17% -5.13% -44.74%
Deferred Revenue $9.267M $10.53M $11.38M
YoY Change -11.99% -6.32% 16.7%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $70.49M $82.03M $90.84M
YoY Change -14.06% -29.91% 89.69%
Total Short-Term Liabilities $275.0M $286.7M $279.6M
YoY Change -4.09% -13.8% 12.35%
LONG-TERM LIABILITIES
Long-Term Debt $265.2M $304.8M $303.6M
YoY Change -12.99% -0.85% -20.39%
Other Long-Term Liabilities $2.601M $6.286M $36.29M
YoY Change -58.62% -84.77% -25.07%
Total Long-Term Liabilities $267.8M $311.1M $339.9M
YoY Change -13.92% -10.79% -20.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $275.0M $286.7M $279.6M
Total Long-Term Liabilities $267.8M $311.1M $339.9M
Total Liabilities $717.6M $826.6M $861.8M
YoY Change -13.18% -14.65% -11.84%
SHAREHOLDERS EQUITY
Retained Earnings $456.1M $436.1M $430.7M
YoY Change 4.59% 7.48% 10.75%
Common Stock $1.289B $1.319B $1.316B
YoY Change -2.27% 0.33% 0.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.700B $1.655B $1.649B
YoY Change
Total Liabilities & Shareholders Equity $2.418B $2.485B $2.514B
YoY Change -2.7% -5.17% -3.57%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$13.71M $5.450M -$11.94M
YoY Change -351.54% -67.66% -1005.77%
Depreciation, Depletion And Amortization $34.91M $34.00M $31.60M
YoY Change 2.67% 21.43% 10.84%
Cash From Operating Activities $52.64M $23.20M -$17.22M
YoY Change 126.9% -65.27% -49.71%
INVESTING ACTIVITIES
Capital Expenditures -$5.472M -$5.200M -$12.40M
YoY Change 5.23% -67.09% 5.98%
Acquisitions
YoY Change
Other Investing Activities $11.00K $500.0K $0.00
YoY Change -97.8% -138.46% -100.0%
Cash From Investing Activities -$5.461M -$4.700M -$12.39M
YoY Change 16.19% -72.35% 3.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.902M -9.700M -18.39M
YoY Change -70.08% 15.48% 30.85%
NET CHANGE
Cash From Operating Activities 52.64M 23.20M -17.22M
Cash From Investing Activities -5.461M -4.700M -12.39M
Cash From Financing Activities -2.902M -9.700M -18.39M
Net Change In Cash 44.28M 8.800M -50.84M
YoY Change 403.15% -78.74% -14.47%
FREE CASH FLOW
Cash From Operating Activities $52.64M $23.20M -$17.22M
Capital Expenditures -$5.472M -$5.200M -$12.40M
Free Cash Flow $58.11M $28.40M -$4.822M
YoY Change 104.62% -65.62% -78.61%

Facts In Submission

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dei Entity Registrant Name
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HELIX ENERGY SOLUTIONS GROUP, INC.
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1876000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6969000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-35198000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-11327000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3574000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-9764000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-43676000
CY2021Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
26000
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-146000
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1990000
CY2020Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3855000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1913000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1654700000
CY2020Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3372000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1740496000
CY2020Q2 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
69000
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
217000
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-20000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
48000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-248000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
38000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-20000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-98000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2238000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11365000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3594000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9666000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41438000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1707460000
CY2021Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3960000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-13709000
CY2021Q2 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
26000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2356000
CY2021Q2 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
12000
CY2021Q2 hlx Temporary Equity Erosion To Redemption Value Adjustment
TemporaryEquityErosionToRedemptionValueAdjustment
1730000
CY2021Q2 hlx Temporary Equity Erosion To Redemption Value
TemporaryEquityErosionToRedemptionValue
1730000
CY2021Q2 us-gaap Temporary Equity Elimination As Partof Reorganization
TemporaryEquityEliminationAsPartofReorganization
2268000
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
286000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1937000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1700060000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1649065000
CY2020Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3323000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
5450000
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1896000
CY2020Q2 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-20000
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
20000
CY2020Q2 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
69000
us-gaap Net Income Loss
NetIncomeLoss
-16587000
us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-146000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6969000
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
48000
hlx Temporary Equity Erosion To Redemption Value Adjustment
TemporaryEquityErosionToRedemptionValueAdjustment
1489000
hlx Temporary Equity Erosion To Redemption Value
TemporaryEquityErosionToRedemptionValue
1489000
us-gaap Temporary Equity Elimination As Partof Reorganization
TemporaryEquityEliminationAsPartofReorganization
2268000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1314000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3781000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1700060000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1699591000
CY2019Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3455000
us-gaap Net Income Loss
NetIncomeLoss
-6488000
us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-1990000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
92540000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
16891000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6042000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6772000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-35483000
us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-248000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
285000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2155000
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
2155000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-4513000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4083000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1654700000
CY2020Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3372000
us-gaap Profit Loss
ProfitLoss
-16733000
us-gaap Profit Loss
ProfitLoss
-8478000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69507000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
65567000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6689000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3316000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1587000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1619000
us-gaap Share Based Compensation
ShareBasedCompensation
3901000
us-gaap Share Based Compensation
ShareBasedCompensation
4245000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3649000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7098000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-646000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
473000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
601000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1366000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-10433000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6620000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44698000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-5136000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
19078000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-16017000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
23751000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
18828000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
35241000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
7954000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
17579000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
498000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6761000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17081000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1750000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1750000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
43000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
310000
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
2268000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1878000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5150000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
443000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
475000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-62802000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28149000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
896000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2879000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23873000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-42067000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
291320000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
262561000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315193000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
220494000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Certain reclassifications were made to previously reported amounts in the consolidated financial statements and notes thereto to make them consistent with the current presentation format.</p>
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Note 2 — Company Overview</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">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. Traditionally, our services have covered the lifecycle of an offshore oil or gas field. In recent years, we have seen an increasing demand for our services from the offshore renewable energy market. We provide services primarily in deepwater in the Gulf of Mexico, Brazil, North Sea, Asia Pacific and West Africa regions. Our North Sea operations are subject to seasonal changes in demand, which generally peaks in the summer months and declines in the winter months. Our services are segregated into three reportable business segments: Well Intervention, Robotics and Production Facilities (Note 10).</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our Well Intervention segment provides services enabling our customers to safely access offshore wells for the purpose of performing well enhancement or decommissioning operations. Our well intervention vessels include the <i style="font-style:italic;">Q4000</i>, the <i style="font-style:italic;">Q5000</i>, the <i style="font-style:italic;">Q7000</i>, the <i style="font-style:italic;">Seawell</i>, the<i style="font-style:italic;"> Well Enhancer</i>, and two chartered monohull vessels, the <i style="font-style:italic;">Siem H</i>elix <i style="font-style:italic;">1</i> and the <i style="font-style:italic;">Siem Helix 2</i><span style="white-space:pre-wrap;">. 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. Our well intervention segment also includes our ownership interest in Subsea Technologies Group Limited (“STL”). Prior to June 2021 we held a </span>70% controlling interest in STL, and in June 2021 we acquired the remaining 30% interest for approximately $2.3 million.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Our Robotics segment provides offshore construction, cable trenching, seabed clearance, inspection, repair and maintenance services to both the oil and gas and the renewable energy markets globally. Our Robotics services also complement well intervention services. Our Robotics segment includes remotely operated vehicles (“ROVs”), trenchers, a ROVDrill and two robotics support vessels under long-term charter, the <i style="font-style:italic;">Grand Canyon II</i> and the <i style="font-style:italic;">Grand Canyon III</i>, as well as spot vessels as needed.</p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt;">Our Production Facilities segment includes the <i style="font-style:italic;">Helix Producer</i> <i style="font-style:italic;">I</i> (the “<i style="font-style:italic;">HP I</i>”), 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.</p>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
626000
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2446000
CY2021Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12536000
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
15904000
CY2021Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
14084000
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
23522000
CY2021Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
15436000
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
20787000
CY2021Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
27518000
CY2020Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
29782000
CY2021Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
8669000
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
9651000
CY2021Q2 us-gaap Other Assets Current
OtherAssetsCurrent
78869000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
102092000
CY2021Q2 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
19405000
CY2020Q4 hlx Deferred Recertification And Dry Dock Costs Net
DeferredRecertificationAndDryDockCostsNet
21464000
CY2021Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
720000
CY2020Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
861000
CY2021Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000
CY2020Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
12544000
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3679000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3809000
CY2021Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1070000
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1335000
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37418000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40013000
us-gaap Operating Lease Cost
OperatingLeaseCost
32429000
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
26907000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24768000
CY2021Q2 us-gaap Interest Payable Current
InterestPayableCurrent
6974000
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
7098000
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9267000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8140000
CY2021Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
28330000
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
30913000
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12140000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16116000
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
83618000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
87035000
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1048000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1869000
CY2021Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
1553000
CY2020Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2009000
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2601000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3878000
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
14839000
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
16106000
us-gaap Operating Lease Cost
OperatingLeaseCost
31055000
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
3635000
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
3840000
us-gaap Variable Lease Cost
VariableLeaseCost
7119000
us-gaap Variable Lease Cost
VariableLeaseCost
7052000
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5243000
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9992000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
6975000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
17166000
CY2021Q2 us-gaap Sublease Income
SubleaseIncome
329000
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
328000
us-gaap Sublease Income
SubleaseIncome
678000
us-gaap Sublease Income
SubleaseIncome
607000
CY2021Q2 us-gaap Lease Cost
LeaseCost
23388000
CY2020Q2 us-gaap Lease Cost
LeaseCost
29610000
us-gaap Lease Cost
LeaseCost
44471000
us-gaap Lease Cost
LeaseCost
56040000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
57990000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
54945000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18279000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4145000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1041000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4835000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
141235000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13532000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
127703000
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50769000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76934000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
127703000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
60649000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
57541000
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
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InterestIncomeOther
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OperatingLeasePayments
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LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
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LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
8965000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
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LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
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CY2021Q2 us-gaap Deferred Finance Costs Noncurrent Net
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CY2021Q2 us-gaap Long Term Debt
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CY2021Q2 us-gaap Long Term Debt Current
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70492000
CY2021Q2 us-gaap Long Term Debt Noncurrent
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CY2021Q2 us-gaap Interest Expense
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5943000
CY2020Q2 us-gaap Interest Expense
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us-gaap Interest Expense
InterestExpense
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CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
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CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
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us-gaap Interest Income Expense Nonoperating Net
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us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2020Q2 us-gaap Income Tax Expense Benefit
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hlx Net Income Tax Benefit From Cares Act
NetIncomeTaxBenefitFromCARESAct
5200000
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CurrentIncomeTaxBenefitFromCARESAct
15800000
hlx Deferred Income Tax Expense From Cares Act
DeferredIncomeTaxExpenseFromCARESAct
10600000
hlx Number Of Foreign Subsidiaries
NumberOfForeignSubsidiaries
2
hlx Net Deferred Income Tax Benefits From Foreign Subsidiary Restructuring
NetDeferredIncomeTaxBenefitsFromForeignSubsidiaryRestructuring
8300000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.126
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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EffectiveIncomeTaxRateContinuingOperations
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EffectiveIncomeTaxRateContinuingOperations
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CY2021Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2020Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1087000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-6267000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2020Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
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CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1465000
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EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1116000
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.037
CY2020Q2 hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
580000
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EffectiveIncomeTaxRateReconciliationCARESActPercent
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hlx Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
-5234000
hlx Effective Income Tax Rate Reconciliation Cares Act Percent
EffectiveIncomeTaxRateReconciliationCARESActPercent
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hlx Effective Income Tax Reconciliation Subsidiary Restructuring Amount
EffectiveIncomeTaxReconciliationSubsidiaryRestructuringAmount
-8333000
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EffectiveIncomeTaxReconciliationSubsidiaryRestructuringPercent
0.279
CY2021Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1846000
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.118
CY2020Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
228000
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.044
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3516000
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.189
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1968000
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.052
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1852000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.100
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21364000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.716
CY2021Q2 hlx Effective Income Tax Rate Reconciliation Reconciliation Adjustments Amount
EffectiveIncomeTaxRateReconciliationReconciliationAdjustmentsAmount
1600000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
161941000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199147000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325356000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
380168000
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
600000
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2400000
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
CY2020Q2 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
CY2021Q2 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10300000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10000000.0
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4200000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5400000
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3500000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6400000
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
291400000
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
152800000
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
92000000.0
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
46600000
CY2021Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
14800000
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
24400000
CY2021Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
9500000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
19900000
CY2020Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
8800000
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18000000.0
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-13709000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
5450000
CY2020Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
37000
CY2020Q2 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
69000
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13709000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
150028000
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5344000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148971000
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13709000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
150028000
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5344000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148971000
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
720000
CY2021Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-13709000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150028000
CY2020Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5344000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149691000
us-gaap Net Income Loss
NetIncomeLoss
-16587000
us-gaap Net Income Loss
NetIncomeLoss
-6488000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
241000
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2155000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16828000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
149982000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8643000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148917000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16828000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
149982000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8643000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148917000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-16828000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149982000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-8643000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148917000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150028000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149691000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149982000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148917000
CY2021Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1325000
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1282000
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
980000
CY2021Q2 hlx Weighted Average Number Of Shares Outstanding Including Incremental Shares Diluted
WeightedAverageNumberOfSharesOutstandingIncludingIncrementalSharesDiluted
151353000
CY2020Q2 hlx Weighted Average Number Of Shares Outstanding Including Incremental Shares Diluted
WeightedAverageNumberOfSharesOutstandingIncludingIncrementalSharesDiluted
149691000
hlx Weighted Average Number Of Shares Outstanding Including Incremental Shares Diluted
WeightedAverageNumberOfSharesOutstandingIncludingIncrementalSharesDiluted
151264000
hlx Weighted Average Number Of Shares Outstanding Including Incremental Shares Diluted
WeightedAverageNumberOfSharesOutstandingIncludingIncrementalSharesDiluted
149897000
us-gaap Number Of Reportable Segments
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3
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
161941000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
199147000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325356000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
380168000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6689000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-10941000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
14194000
us-gaap Operating Income Loss
OperatingIncomeLoss
-11496000
us-gaap Operating Income Loss
OperatingIncomeLoss
-6833000
CY2021Q2 us-gaap Assets
Assets
2417707000
CY2020Q4 us-gaap Assets
Assets
2498278000
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
30913000
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28258000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-2631000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
48000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1304000
CY2021Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28330000
CY2020Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
29562000
us-gaap Interest Paid Net
InterestPaidNet
10601000
us-gaap Interest Paid Net
InterestPaidNet
8413000
us-gaap Income Taxes Paid
IncomeTaxesPaid
4588000
us-gaap Income Taxes Paid
IncomeTaxesPaid
4937000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
400000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1600000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3469000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-76000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2424000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1845000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1548000
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3209000
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
345676000
CY2021Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
396657000
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
404732000
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
418431000

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