Cal Dive International Inc (CDVI) Financial Statements (2024 and earlier)

Company Profile

Business Address 2500 CITYWEST BOULEVARD
HOUSTON, TX 77042
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2014
MRQ
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 12,1908,343
Cash and cash equivalents 12,1908,343
Receivables 190,419150,053
Prepaid expense 4,452
Deferred costs 15,0008,400
Prepaid expense and other current assets40,739
Assets held-for-sale11,06823,603
Income taxes receivable 8,271
Deferred tax assets 52 
Other current assets 37,271
Other undisclosed current assets (40,409)(59,500)
Total current assets: 230,043179,909
Noncurrent Assets
Property, plant and equipment 388,580423,536
Intangible assets, net (including goodwill) 66521
Intangible assets, net (excluding goodwill) 66521
Deferred costs 7,66410,234
Other noncurrent assets 8,562
Prepaid expense and other noncurrent assets11,524
Assets held-for-sale, long lived5,000 
Other undisclosed noncurrent assets 10,7674,949
Total noncurrent assets: 420,639450,764
TOTAL ASSETS: 650,682630,673
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 164,178120,771
Taxes payable 14,05013,627
Employee-related liabilities 6,1814,232
Accounts payable 114,66373,480
Accrued liabilities 29,28429,432
Debt 13,9894,219
Self insurance reserve 5,8077,986
Billings in excess of cost 172179
Deferred tax liabilities  3,100
Other undisclosed current liabilities (22,152)(20,561)
Total current liabilities: 161,994115,694
Noncurrent Liabilities
Long-term debt and lease obligation 179,464133,116
Long-term debt, excluding current maturities 179,464133,116
Liabilities, other than long-term debt 73,536119,408
Deferred tax liabilities, net 58,78483,714
Liability for uncertainty in income taxes 6,3295,820
Other liabilities 8,4237,418
Derivative instruments and hedges, liabilities  22,456
Other undisclosed noncurrent liabilities (6,329)(5,820)
Total noncurrent liabilities: 246,671246,704
Total liabilities: 408,665362,398
Equity
Equity, attributable to parent, including: 242,017268,275
Common stock 975979
Additional paid in capital 437,455422,570
Accumulated other comprehensive income (loss) (666)2,085
Accumulated deficit (190,677)(154,043)
Other undisclosed equity, attributable to parent (5,070)(3,316)
Equity, attributable to noncontrolling interest (5,070)(3,316)
Other undisclosed equity 10,1406,632
Total equity: 247,087271,591
Other undisclosed liabilities and equity (5,070)(3,316)
TOTAL LIABILITIES AND EQUITY: 650,682630,673

Income Statement (P&L) ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
Revenues 361,100468,210
Revenue, net 516,958464,847
Cost of revenue (504,902)(467,135)
Other undisclosed gross profit 155,858(3,363)
Gross profit: 12,056(2,288)
Operating expenses (78,789)(111,039)
Other undisclosed operating income 16,77432,712
Operating loss: (49,959)(80,615)
Nonoperating income 1,030178
Interest and debt expense (21,275)(14,786)
Other undisclosed income from continuing operations before equity method investments, income taxes 6,3622,139
Loss from continuing operations before income taxes: (63,842)(93,084)
Income tax benefit 26,25024,739
Loss from continuing operations: (37,592)(68,345)
Loss before gain (loss) on sale of properties: (37,592)(68,345)
Net loss attributable to parent: (37,592)(68,345)
Other undisclosed net income available to common stockholders, basic 9583,316
Net loss available to common stockholders, diluted: (36,634)(65,029)

Comprehensive Income ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
Net loss: (37,592)(68,345)
Other comprehensive loss (2,751)(25)
Comprehensive loss: (40,343)(68,370)
Comprehensive loss, net of tax, attributable to noncontrolling interest (958)(3,316)
Other undisclosed comprehensive income, net of tax, attributable to parent 1,9166,632
Comprehensive loss, net of tax, attributable to parent: (39,385)(65,054)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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