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10-Q Filing

OCEANEERING INTERNATIONAL INC CIK: 73756 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0000073756-15-000025
Period End Date 20150331
Filing Date 20150429
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance oii-20150331.xml
Filing Contents
Balance Sheet 62 line items
Line Item Tag Value Unit Period
Common Stock, par value CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Common Stock, par value CommonStockParOrStatedValuePerShare $0.25 USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 360.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 360.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $430.71M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $304.51M USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 110.83M shares Point-in-time
Common Stock, shares issued CommonStockSharesIssued 110.83M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $106.34M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $91.43M USD Point-in-time
Accounts receivable, net of allowances for doubtful accounts AccountsReceivableNetCurrent $778.37M USD Point-in-time
Accounts receivable, net of allowances for doubtful accounts AccountsReceivableNetCurrent $774.90M USD Point-in-time
Inventory InventoryNet $379.84M USD Point-in-time
Inventory InventoryNet $375.59M USD Point-in-time
Other current assets OtherAssetsCurrent $150.46M USD Point-in-time
Other current assets OtherAssetsCurrent $128.88M USD Point-in-time
Total Current Assets AssetsCurrent $1.71B USD Point-in-time
Total Current Assets AssetsCurrent $1.61B USD Point-in-time
Property and Equipment, at cost PropertyPlantAndEquipmentGross $2.66B USD Point-in-time
Property and Equipment, at cost PropertyPlantAndEquipmentGross $2.65B USD Point-in-time
Less accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.38B USD Point-in-time
Less accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.35B USD Point-in-time
Net Property and Equipment PropertyPlantAndEquipmentNet $1.27B USD Point-in-time
Net Property and Equipment PropertyPlantAndEquipmentNet $1.31B USD Point-in-time
Goodwill Goodwill $331.47M USD Point-in-time
Goodwill Goodwill $314.80M USD Point-in-time
Investments in unconsolidated affiliates EquityMethodInvestments $32.62M USD Point-in-time
Investments in unconsolidated affiliates EquityMethodInvestments $31.31M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $125.71M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $128.23M USD Point-in-time
Total Other Assets TotalOtherAssets $492.33M USD Point-in-time
Total Other Assets TotalOtherAssets $471.82M USD Point-in-time
Total Assets Assets $3.51B USD Point-in-time
Total Assets Assets $3.35B USD Point-in-time
Accounts payable AccountsPayableCurrent $121.09M USD Point-in-time
Accounts payable AccountsPayableCurrent $123.69M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $431.13M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $490.26M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $65.19M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $49.62M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $601.84M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $679.14M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $750.00M USD Point-in-time
Long-term Debt LongTermDebtNoncurrent $750.00M USD Point-in-time
Other Long-term Liabilities OtherLiabilitiesNoncurrent $424.94M USD Point-in-time
Other Long-term Liabilities OtherLiabilitiesNoncurrent $418.43M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Common Stock CommonStockValue $27.71M USD Point-in-time
Common Stock CommonStockValue $27.71M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $216.26M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $229.64M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $699.46M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $656.92M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.28B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.24B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-183.04M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-243.61M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $1.58B USD Point-in-time
Total Shareholders' Equity StockholdersEquity $1.66B USD Point-in-time
Total Liabilities and Sharesholders' Equity LiabilitiesAndStockholdersEquity $3.35B USD Point-in-time
Total Liabilities and Sharesholders' Equity LiabilitiesAndStockholdersEquity $3.51B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Revenue Revenues $918.93M USD 1 Quarter
Revenue Revenues $840.20M USD 1 Quarter
Revenue Revenues $786.77M USD 1 Quarter
Cost of services and products CostOfGoodsAndServicesSold $623.32M USD 1 Quarter
Cost of services and products CostOfGoodsAndServicesSold $650.71M USD 1 Quarter
Gross Margin GrossProfit $189.49M USD 1 Quarter
Gross Margin GrossProfit $163.45M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $56.63M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $56.80M USD 1 Quarter
Income from Operations OperatingIncomeLoss $132.86M USD 1 Quarter
Income from Operations OperatingIncomeLoss $106.65M USD 1 Quarter
Income from Operations OperatingIncomeLoss $152.24M USD 1 Quarter
Interest income InvestmentIncomeInterest $156.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $79.00K USD 1 Quarter
Interest expense InterestExpense $411.00K USD 1 Quarter
Interest expense InterestExpense $6.09M USD 1 Quarter
Equity earnings (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-255.00K USD 1 Quarter
Equity earnings (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-36.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $294.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $700.00K USD 1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $101.16M USD 1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $132.79M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $41.56M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $31.66M USD 1 Quarter
Net Income ProfitLoss $91.22M USD 1 Quarter
Net Income ProfitLoss $69.50M USD 1 Quarter
Cash Dividends declared per Share CommonStockDividendsPerShareCashPaid $0.22 USD 1 Quarter
Cash Dividends declared per Share CommonStockDividendsPerShareCashPaid $0.27 USD 1 Quarter
Cash Dividends declared per Share CommonStockDividendsPerShareCashPaid $0.27 USD 1 Quarter
Cash Dividends declared per Share CommonStockDividendsPerShareCashPaid $0.27 USD 1 Quarter
Basic Earnings per Share EarningsPerShareBasic $0.84 USD 1 Quarter
Basic Earnings per Share EarningsPerShareBasic $0.70 USD 1 Quarter
Diluted Earnings per Share EarningsPerShareDiluted $0.84 USD 1 Quarter
Diluted Earnings per Share EarningsPerShareDiluted $0.70 USD 1 Quarter
Cash Flow Statement 56 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $91.22M USD 1 Quarter
Net Income ProfitLoss $69.50M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $53.35M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $58.00M USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $16.90M USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $7.10M USD 1 Quarter
Net loss (gain) on sales of property and equipment GainLossOnSaleOfPropertyPlantEquipment $1.30M USD 1 Quarter
Net loss (gain) on sales of property and equipment GainLossOnSaleOfPropertyPlantEquipment $107.00K USD 1 Quarter
Noncash compensation ShareBasedCompensation $5.10M USD 1 Quarter
Noncash compensation ShareBasedCompensation $4.08M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-3.47M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $16.25M USD 1 Quarter
Inventory IncreaseDecreaseInInventories $-3.92M USD 1 Quarter
Inventory IncreaseDecreaseInInventories $4.25M USD 1 Quarter
Other operating assets IncreaseDecreaseInOtherOperatingAssets $12.74M USD 1 Quarter
Other operating assets IncreaseDecreaseInOtherOperatingAssets $29.08M USD 1 Quarter
Currency translation effect on working capital EffectOfExchangeRateOnWorkingCapital $-16.09M USD 1 Quarter
Currency translation effect on working capital EffectOfExchangeRateOnWorkingCapital $6.13M USD 1 Quarter
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-40.20M USD 1 Quarter
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-80.72M USD 1 Quarter
Other operating liabilities IncreaseDecreaseInOtherOperatingLiabilities $-14.14M USD 1 Quarter
Other operating liabilities IncreaseDecreaseInOtherOperatingLiabilities $-13.62M USD 1 Quarter
Total adjustments to net income AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-9.04M USD 1 Quarter
Total adjustments to net income AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-61.41M USD 1 Quarter
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $8.09M USD 1 Quarter
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $82.19M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $104.04M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $49.41M USD 1 Quarter
Distributions of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $1.02M USD 1 Quarter
Distributions of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $1.05M USD 1 Quarter
Dispositions of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $112.00K USD 1 Quarter
Dispositions of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.59M USD 1 Quarter
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-48.25M USD 1 Quarter
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-101.42M USD 1 Quarter
Net proceeds (payments) of revolving credit facility ProceedsFromRepaymentsOfDebt - USD 1 Quarter
Net proceeds (payments) of revolving credit facility ProceedsFromRepaymentsOfDebt $90.00M USD 1 Quarter
Excess tax benefits from employee benefit plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $-781.00K USD 1 Quarter
Excess tax benefits from employee benefit plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $3.08M USD 1 Quarter
Cash Dividends PaymentsOfDividends $26.96M USD 1 Quarter
Cash Dividends PaymentsOfDividends $23.84M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $55.80M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $35.27M USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-83.54M USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $33.98M USD 1 Quarter
Effect of Exchange Rate on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-2.51M USD 1 Quarter
Effect of Exchange Rate on Cash and Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents $164.00K USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $14.91M USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-126.20M USD 1 Quarter
Cash and Cash Equivalents-Beginning of Period CashAndCashEquivalentsAtCarryingValue $430.71M USD Point-in-time
Cash and Cash Equivalents-Beginning of Period CashAndCashEquivalentsAtCarryingValue $304.51M USD Point-in-time
Cash and Cash Equivalents-Beginning of Period CashAndCashEquivalentsAtCarryingValue $106.34M USD Point-in-time
Cash and Cash Equivalents-Beginning of Period CashAndCashEquivalentsAtCarryingValue $91.43M USD Point-in-time
Cash and Cash Equivalents-End of Period CashAndCashEquivalentsAtCarryingValue $430.71M USD Point-in-time
Cash and Cash Equivalents-End of Period CashAndCashEquivalentsAtCarryingValue $304.51M USD Point-in-time
Cash and Cash Equivalents-End of Period CashAndCashEquivalentsAtCarryingValue $106.34M USD Point-in-time
Cash and Cash Equivalents-End of Period CashAndCashEquivalentsAtCarryingValue $91.43M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $91.22M USD 1 Quarter
Net Income ProfitLoss $69.50M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-62.40M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $14.09M USD 1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.83M USD 1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax - USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTax $14.09M USD 1 Quarter
Total other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-60.57M USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $105.31M USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $8.93M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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