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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

Results for these business segments are presented below. We use the same accounting policies to prepare our business segment results as are used to prepare our Consolidated Financial Statements. All interest and other non-operating income (expense) is attributable to Corporate & Other area and is not allocated to specific business segments. Summarized financial information concerning our segments for the years ended December 31, 2019, 2018 and 2017 is shown in the following table (in thousands):

 

 

Reservoir Description

 

 

Production Enhancement

 

 

Corporate & Other(1)

 

 

Consolidated

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from unaffiliated clients

 

$

420,897

 

 

$

247,313

 

 

$

 

 

$

668,210

 

Inter-segment revenues

 

 

436

 

 

 

500

 

 

 

(936

)

 

 

 

Segment operating income

 

 

55,140

 

 

 

38,378

 

 

 

3,166

 

 

 

96,684

 

Total assets (at end of period)

 

 

343,405

 

 

 

279,769

 

 

 

151,499

 

 

 

774,673

 

Capital expenditures

 

 

10,439

 

 

 

11,253

 

 

 

577

 

 

 

22,269

 

Depreciation and amortization

 

 

15,109

 

 

 

5,645

 

 

 

1,851

 

 

 

22,605

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from unaffiliated clients

 

$

413,082

 

 

$

287,764

 

 

$

 

 

$

700,846

 

Inter-segment revenues

 

 

988

 

 

 

378

 

 

 

(1,366

)

 

 

 

Segment operating income

 

 

54,847

 

 

 

63,039

 

 

 

736

 

 

 

118,622

 

Total assets (at end of period)

 

 

315,503

 

 

 

270,832

 

 

 

62,492

 

 

 

648,827

 

Capital expenditures

 

 

12,829

 

 

 

8,222

 

 

 

690

 

 

 

21,741

 

Depreciation and amortization

 

 

16,747

 

 

 

4,271

 

 

 

2,069

 

 

 

23,087

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from unaffiliated clients

 

$

415,220

 

 

$

232,599

 

 

$

 

 

$

647,819

 

Inter-segment revenue

 

 

294

 

 

 

1,185

 

 

 

(1,479

)

 

 

 

Segment operating income (loss)

 

 

66,500

 

 

 

43,987

 

 

 

(519

)

 

 

109,968

 

Total assets (at end of period)

 

 

320,569

 

 

 

206,389

 

 

 

57,854

 

 

 

584,812

 

Capital expenditures

 

 

10,406

 

 

 

6,819

 

 

 

1,550

 

 

 

18,775

 

Depreciation and amortization

 

 

17,972

 

 

 

4,435

 

 

 

2,117

 

 

 

24,524

 

 

 

(1)

"Corporate and other" represents those items that are not directly relating to a particular segment and eliminations.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table shows a summary of our U.S. and non-U.S. operations for the years ended or at December 31, 2019, 2018 and 2017 (in thousands):

 

 

United

 

 

 

 

 

 

Other

 

 

 

 

 

GEOGRAPHIC INFORMATION

 

States

 

 

Canada

 

 

Countries(1) (2)

 

 

Consolidated

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

289,173

 

 

$

25,240

 

 

$

353,797

 

 

$

668,210

 

Property, plant and equipment, net

 

 

66,053

 

 

 

10,998

 

 

 

46,455

 

 

 

123,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

324,073

 

 

$

34,633

 

 

$

342,140

 

 

$

700,846

 

Property, plant and equipment, net

 

 

65,073

 

 

 

9,567

 

 

 

48,277

 

 

 

122,917

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

283,969

 

 

$

30,131

 

 

$

333,719

 

 

$

647,819

 

Property, plant and equipment, net

 

 

63,812

 

 

 

9,725

 

 

 

49,561

 

 

 

123,098

 

(1)

Revenue earned in other countries, including the Netherlands, was not individually greater than 10% of our consolidated revenue in 2019, 2018 and 2017.

(2)

Property, plant and equipment, net in other countries, including the Netherlands, were not individually greater than 10% of our consolidated fixed assets in 2019, 2018 and 2017.

Revenue from External Customers by Products and Services

The following table shows the breakdown between services and product sales for the years ended December 31, 2019, 2018 and 2017 (in thousands):

SEGMENT BREAKDOWN BETWEEN SERVICES /

PRODUCT SALES

 

2019

 

 

2018

 

 

2017

 

Reservoir Description Services

 

$

389,801

 

 

$

387,098

 

 

$

393,742

 

Production Enhancement Services

 

 

84,392

 

 

 

99,722

 

 

 

86,522

 

Total Revenue - Services

 

$

474,193

 

 

$

486,820

 

 

$

480,264

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reservoir Description Product sales

 

$

31,096

 

 

$

25,984

 

 

$

21,478

 

Production Enhancement Product sales

 

 

162,921

 

 

 

188,042

 

 

 

146,077

 

Total Revenue - Product sales

 

$

194,017

 

 

$

214,026

 

 

$

167,555

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue

 

$

668,210

 

 

$

700,846

 

 

$

647,819