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HELIX EGY SOLUT   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net revenues- Contracting services1,291.471,358.561,289.73873.10674.73733.56751.91739.82581.38487.58
Net revenues- Oil and gas--------------------
Net revenues1,291.471,358.561,289.73873.10674.73733.56751.91739.82581.38487.58
Cost of sales--1,139.001,089.37822.48659.34653.65614.07618.13519.22--
Cost of sales- Contracting services1,132.34----------------441.07
Cost of sales- Oil and gas property impairments--------------------
Cost of sales- Exploration expense--------------------
Cost of sales- Contracting services impairments--------------------
Impairments--------------------
Cost of sales- Oil and gas--------------------
Gross profit159.14219.56200.3650.6215.3979.91137.84121.6862.1746.52
Goodwill impairment------0.000.006.69------45.11
Selling and administrative expenses75.9491.6594.4376.7563.4561.0869.8470.2963.2665.93
Gain on sale of assets----0.37--(0.63)--------1.29
Acquisition and integration costs0.00--(0.54)(2.66)------------
Gain/loss on oil and gas derivative commodity contracts--------------------
Long-lived asset impairment(18.06)------------------
Change in fair value of contingent consideration----(42.25)(16.05)------------
Loss on disposition of assets, net--(0.48)------0.89--0.15(0.04)--
Income (loss) from operations65.14127.4463.51(44.86)(48.69)13.0368.0051.54(1.13)(63.24)
Net interest expense and other22.7822.6317.3418.9523.2028.538.3313.7518.7831.24
Gain on subsidiary equity transaction--------------------
Losses related to convertible senior notes--(20.92)----------------
Equity in earnings of investments------8.260.000.221.44(3.92)(2.37)(2.17)
Gain on sale of Cal Dive commonstock--------------------
Other, net(1.39)(3.92)(3.59)(23.33)(1.49)4.721.17(6.32)(1.43)3.51
Gain/loss on early extinguishment of long term debt----(37.28)--(0.14)9.24(0.02)(1.18)(0.40)--
Other income - oil and gas--------------4.633.742.76
Gain on repurchase of long-term debt------------------(3.54)
Royalty income and other1.512.102.213.692.872.713.31------
Pre-Tax Income42.4882.067.51(75.18)(70.64)1.3865.5631.00(20.37)(93.92)
Foreign--(1.03)------(3.63)--5.562.62--
Provision for income taxes11.6526.4318.3512.60(8.96)(18.70)7.862.40(50.42)(12.47)
Current19.7215.826.828.226.24(14.82)4.374.834.16(27.32)
Deferred(8.07)--11.534.39(15.20)(3.88)3.49(2.43)(54.59)14.85
Domestic--11.64------(15.07)--(3.16)(53.04)--
Minority Interest--------------------
Income (Loss) from Continuing Operations--------------------
Discontinued operations, net of tax--------------------
Cumulative effect of change in accounting principle, net--------------------
Net income (loss), including noncontrolling interests30.8355.64(10.84)(87.78)(61.68)20.0857.70----(81.45)
Net income applicable to noncontrolling interests--------(0.15)(2.09)(0.22)----0.00
Accretion of redeemable noncontrolling interests--------0.24--0.14------
Net income (loss) applicable to Helix--------------------
Preferred stock dividends--------------------
Preferred stock beneficial conversion charges--------------------
Less: Undistributed net income allocable to participating securities------------0.49------
Net income (loss) applicable to Helix common shareholders30.8355.64(10.84)(87.78)(61.78)22.1757.2928.6030.05(81.45)
Income from Continuing Operations--------------------
Income from discontinued operations--------------------
Cumulative effect of change in accounting principle--------------------
Basic earnings (loss) per share of common stock0.210.37(0.07)(0.58)(0.41)0.130.390.190.20(0.73)
Income from Continuing Operations--------------------
Income from discontinued operations--------------------
Cumulative effect of change in accounting principle--------------------
Diluted earnings (loss) per share of common stock0.210.36(0.07)(0.58)(0.41)0.130.380.190.20(0.73)
Weighted basic-average common shares outstanding148.35151.99150.92151.28150.06148.99147.54146.70145.30111.61
Weighted diluted-average common shares outstanding148.45154.70150.92151.28150.06149.90149.58146.83145.30111.61