| Summarized Segment Financial Information |
Summarized financial information for our segments as of and for the three months ended March 31, 2019 and 2018, is as follows (in thousands):
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Three Months Ended March 31, 2019 |
|
Fabrication |
|
Shipyard |
|
Services |
|
Corporate |
|
Consolidated |
Revenue |
$ |
12,631 |
|
|
$ |
36,587 |
|
|
$ |
19,602 |
|
|
$ |
(1,215 |
) |
|
$ |
67,605 |
|
Gross profit (loss) |
(772 |
) |
|
(280 |
) |
|
1,741 |
|
|
(136 |
) |
|
553 |
|
Operating income (loss) |
(1,540 |
) |
|
(904 |
) |
|
1,289 |
|
|
(2,127 |
) |
|
(3,282 |
) |
Depreciation expense |
967 |
|
|
1,109 |
|
|
374 |
|
|
102 |
|
|
2,552 |
|
Capital expenditures |
14 |
|
|
22 |
|
|
214 |
|
|
— |
|
|
250 |
|
Total assets |
63,761 |
|
|
103,703 |
|
|
34,306 |
|
|
56,945 |
|
|
258,715 |
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Three Months Ended March 31, 2018 |
|
Fabrication |
|
Shipyard |
|
Services |
|
Corporate |
|
Consolidated |
Revenue |
$ |
17,343 |
|
|
$ |
18,565 |
|
|
$ |
21,870 |
|
|
$ |
(488 |
) |
|
$ |
57,290 |
|
Gross profit (loss) |
(527 |
) |
|
(1,023 |
) |
|
2,614 |
|
|
(385 |
) |
|
679 |
|
Operating income (loss) |
(2,506 |
) |
|
(1,979 |
) |
|
1,906 |
|
|
(2,511 |
) |
|
(5,090 |
) |
Depreciation expense |
1,149 |
|
|
1,069 |
|
|
393 |
|
|
104 |
|
|
2,715 |
|
Capital expenditures |
— |
|
|
6 |
|
|
65 |
|
|
— |
|
|
71 |
|
Total assets |
149,116 |
|
|
76,150 |
|
|
35,529 |
|
|
8,327 |
|
|
269,122 |
|
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