Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Notes)

v3.8.0.1
Discontinued Operations (Notes)
3 Months Ended
Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
15. DISCONTINUED OPERATIONS
The Company’s discontinued operations consist of SEACOR Marine and ICP as following the Spin-off and sale, respectively, the Company has no continuing involvement in either of these businesses (see Note 1). Summarized selected operating results of the Company’s discontinued operations were as follows (in thousands):

 
Three Months Ended March 31, 2017
SEACOR Marine
 
Operating Revenues
$
34,304

Costs and Expenses:
 
Operating
33,379

Administrative and general
11,826

Depreciation and amortization
12,503

 
57,708

Gains on Asset Dispositions, Net
4,819

Operating Loss
(18,585
)
Other Income, Net
7,126

Income Tax Benefit
(3,422
)
Equity in Earnings of 50% or Less Owned Companies, Net of Tax
438

Net Loss
$
(7,599
)
Net Loss Attributable to Noncontrolling Interests
$
(204
)
 
 
ICP
 
Operating Revenues
$
38,385

Costs and Expenses:
 
Operating
36,101

Administrative and general
746

Depreciation and amortization
1,175

 
38,022

Operating Income
363

Other Income, Net
1,848

Income Tax Expense
735

Net Income
$
1,476

Net Income Attributable to Noncontrolling Interests
$
376

 
 
Eliminations
 
Operating Revenues
$
(656
)
Costs and Expenses:
 
Operating
(728
)
Administrative and general
(23
)
 
(751
)
Operating Income
95

Other Income, Net
943

Income Tax Expense
363

Net Income
$
675

 
 
Loss from Discontinued Operations, Net of Tax
$
(5,448
)