We investigate the complexity of the dynamics of two mutually coupled systems with internal delays and vary the coupling delay over 4 orders of magnitude. Karhunen-Loève decomposition of spatiotemporal representations of fiber laser intensity data is performed to examine the eigenvalue spectrum and significant orthogonal modes. We compute the Shannon information from the eigenvalue spectra to quantify the dynamical complexity. A reduction in complexity occurs for short coupling delays while a logarithmic growth is observed as the coupling delay is increased.