Summarized Segment Financial Information |
Summarized financial information concerning our divisions as of and for the three months ended March 31, 2018, and 2017, is as follows (in thousands):
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Three Months Ended March 31, 2018 |
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Fabrication |
Shipyard |
Services |
EPC |
Corporate |
Eliminations |
Consolidated |
Revenue |
$ |
17,270 |
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$ |
18,565 |
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$ |
21,870 |
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$ |
73 |
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$ |
— |
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$ |
(488 |
) |
$ |
57,290 |
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Gross profit (loss) |
(219 |
) |
(1,023 |
) |
2,614 |
|
(308 |
) |
(385 |
) |
— |
|
679 |
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Operating income (loss) |
(1,593 |
) |
(1,819 |
) |
1,880 |
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(725 |
) |
(2,523 |
) |
— |
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(4,780 |
) |
Total assets |
184,263 |
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76,150 |
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105,632 |
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12 |
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318,137 |
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(415,072 |
) |
269,122 |
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Depreciation and amortization expense |
1,149 |
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1,069 |
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393 |
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— |
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138 |
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— |
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2,749 |
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Capital expenditures |
— |
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6 |
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65 |
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— |
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— |
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— |
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71 |
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Three Months Ended March 31, 2017 |
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Fabrication |
Shipyard |
Services |
EPC |
Corporate |
Eliminations |
Consolidated |
Revenue |
$ |
10,209 |
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$ |
18,422 |
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$ |
10,712 |
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— |
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$ |
— |
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$ |
(1,350 |
) |
$ |
37,993 |
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Gross profit (loss) |
(2,966 |
) |
(1,704 |
) |
33 |
|
— |
|
(260 |
) |
— |
|
(4,897 |
) |
Operating income (loss) |
(3,787 |
) |
(3,057 |
) |
(633 |
) |
— |
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(1,739 |
) |
— |
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(9,216 |
) |
Total assets |
197,834 |
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88,489 |
|
95,562 |
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— |
|
349,917 |
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(427,142 |
) |
304,660 |
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Depreciation and amortization expense |
3,135 |
|
1,009 |
|
432 |
|
— |
|
124 |
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— |
|
4,700 |
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Capital expenditures |
102 |
|
272 |
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— |
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— |
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17 |
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— |
|
391 |
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