SHIPYARD TRANSACTION AND DISCONTINUED OPERATIONS (Tables)
|12 Months Ended|
Dec. 31, 2022
|Discontinued Operations and Disposal Groups [Abstract]|
|Summary of Disposal Groups Including Discontinued Operations||
A summary of the operating results and cash flows from discontinued operations for 2021, is as follows (in thousands):
Includes a benefit of $8.4 million from changes in estimated margins for our towing, salvage and rescue ship projects.
Includes transaction and other costs of $2.6 million and impairments of $22.8 million associated with the Shipyard Transaction (see discussion above).
Income taxes attributable to discontinued operations were not material.
Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef