OCEANEERING INTERNATIONAL INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
OII$34.85+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||||||
|---|---|---|---|---|---|---|---|
| (in thousands, except per share data) · 2023 · 2022 · 2021 | |||||||
| Revenue | $2,424,706 | $2,066,084 | $1,869,275 | ||||
| Cost of services and products | 2,025,735 | 1,758,707 | 1,605,210 | ||||
| Gross margin | 398,971 | 307,377 | 264,065 | ||||
| Selling, general and administrative expense | 217,643 | 196,514 | 224,266 | ||||
| Income (loss) from operations | 181,328 | 110,863 | 39,799 | ||||
| Interest income | 15,425 | 5,708 | 2,477 | ||||
| Interest expense, net of amounts capitalized | (36,523) | (38,215) | (38,810) | ||||
| Equity earnings (losses) of unconsolidated affiliates | 2,061 | 1,707 | 594 | ||||
| Other income (expense), net | (1,236) | (1,011) | (9,769) | ||||
| Income (loss) before income taxes | 161,055 | 79,052 | (5,709) | ||||
| Provision (benefit) for income taxes | 63,652 | 53,111 | 43,598 | ||||
| Net Income (Loss) | $97,403 | $25,941 | $(49,307) | ||||
| Weighted-average shares outstanding | |||||||
| Basic | 100,697 | 100,185 | 99,706 | ||||
| Diluted | 102,156 | 101,447 | 99,706 | ||||
| Earnings (loss) per share | |||||||
| Basic | $0.97 | $0.26 | $(0.49) | ||||
| Diluted | $0.95 | $0.26 | $(0.49) | ||||
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