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We determine income from operations <strong>for</strong> each business segment be<strong>for</strong>e interest incomeor expense, other income (expense) and provision <strong>for</strong> income taxes. We do not consideran allocation of these items to be practical.During 2011, we sold the Ocean Legend, a <strong>mobile</strong> offshore production system. The saleresulted in a gain of $19.6 million, which we recognized as a reduction of the costs ofservices and products in our Subsea Projects segment.Depreciation and amortization expense <strong>for</strong> Subsea Projects in 2010 includes animpairment charge of $5.2 million in the first quarter to reduce the carrying value of ourvessel held <strong>for</strong> sale, The Per<strong>for</strong>mer, to its fair value, less estimated costs to sell. In thethird quarter of 2010, we sold the vessel <strong>for</strong> approximately its reduced carrying value.During 2010, revenue from one customer, BP plc and subsidiaries in our oil and gasbusiness segments, accounted <strong>for</strong> 12% of our total consolidated revenue. No individualcustomer accounted <strong>for</strong> more than 10% of our consolidated revenue during 2011 or2009.2011 Annual Report 51

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