OCEANEERING INTERNATIONAL INC (OII) [Rocket]

In millions, except per share items	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	8-K	8-K	8-K	10-Q	10-Q	10-K	10-Q	10-Q
Revenues:
Oil and Gas							281.9
Advanced Technologies							89.4
Subsea Projects							95.6
Total revenues				524.0	446.2	469.9	466.8	498.2
Revenue growth [+]				5.2%	2.0%	-15.6%	6.2%	16.6%
Oil and Gas							-0.7%
Advanced Technologies							8.2%
Subsea Projects							30.6%
Cost of goods sold				448.0	400.7	387.5	407.0	429.8
Gross profit				76.0	45.5	82.4	59.8	68.4
Gross margin				14.5%	10.2%	17.5%	12.8%	13.7%
Selling, general and administrative [+]				53.2	46.5	91.7	44.1	45.6
General and administrative						91.7
Equity in earnings				0.3	0.3	-0.5	0.2	0.4
Other operating expenses						4.6	-0.3
EBITDA [+]				54.0	31.3	19.3	50.5	58.4
EBITDA growth				-7.5%	-38.4%	-189.5%	-25.7%	70.9%
EBITDA margin				10.3%	7.0%	4.1%	10.8%	11.7%
Depreciation				29.0	30.4	32.9	33.4	34.4
EBITA				25.1	0.9	-13.6	17.1	24.0
EBITA margin				4.8%	0.2%	-2.9%	3.7%	4.8%
Amortization of intangibles				1.9	1.6	0.9	0.8	0.8
EBIT [+]				23.2	-0.7	-14.5	16.3	23.2
EBIT growth				-0.1%	-105.2%	-78.7%	-182.9%	-614.6%
EBIT margin				4.4%	-0.2%	-3.1%	3.5%	4.7%
Non-recurring items						-1.4	0.3
Interest expense, net [+]				8.9	8.6	8.4	9.0	9.0
Interest expense				9.6	9.4	9.1	9.6	9.7
Interest income				0.8	0.8	0.6	0.7	0.7
Other income (expense), net				0.6	0.4	-5.5	-0.8	-2.0
Pre-tax income				14.9	-8.9	-27.1	6.2	12.2
Income taxes				11.2	10.3	11.7	13.6	6.0
Tax rate				75.0%			219.1%	48.8%
Net income				3.7	-19.2	-38.8	-7.4	0.0
Net margin				0.7%	-4.3%	-8.3%	-1.6%	0.0%

Basic EPS [+]				$0.04	($0.19)	($0.39)	($0.07)	$0.00
Growth					104.1%	54.5%	-90.8%	-100.0%
Diluted EPS [+]				$0.04	($0.19)	($0.39)	($0.07)	$0.00
Growth					104.1%	54.5%	-90.8%	-100.0%


Shares outstanding (basic) [+]				100.3	100.0	99.7	99.8	99.8
Growth				0.5%	0.5%	0.5%	0.5%	0.5%
Shares outstanding (diluted) [+]				101.4	100.0	99.7	99.8	100.8
Growth				0.6%	0.5%	0.5%	0.5%	1.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.