XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Information
6 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information

13.   Segment Information

The Company reports and evaluates financial information for three operating segments:  Oil and Gas Markets, Adjacent Markets and Emerging Markets.  The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products.  The Adjacent Markets segment products include imaging equipment, water meter products, offshore cables, and seismic sensors used for vibration monitoring and geotechnical applications such as mine safety applications and earthquake detection.  The Emerging Markets segment provides seismic products targeted at the border and perimeter security markets.

The following table summarizes the Company’s segment information (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 31, 2021

 

 

March 31, 2020

 

 

March 31, 2021

 

 

March 31, 2020

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil and Gas Markets

 

$

16,132

 

 

$

18,434

 

 

$

28,895

 

 

$

29,943

 

Adjacent Markets

 

 

7,595

 

 

 

7,101

 

 

 

14,495

 

 

 

13,200

 

Emerging Markets

 

 

165

 

 

 

372

 

 

 

8,962

 

 

 

469

 

Total

 

$

23,892

 

 

$

25,907

 

 

$

52,352

 

 

$

43,612

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil and Gas Markets

 

$

(5,465

)

 

$

1,310

 

 

$

(11,451

)

 

$

(2,584

)

Adjacent Markets

 

 

1,562

 

 

 

1,214

 

 

 

2,822

 

 

 

2,065

 

Emerging Markets

 

 

(1,189

)

 

 

(2,500

)

 

 

5,290

 

 

 

(3,865

)

Corporate

 

 

(3,084

)

 

 

(3,513

)

 

 

(6,296

)

 

 

(6,928

)

Total

 

$

(8,176

)

 

$

(3,489

)

 

$

(9,635

)

 

$

(11,312

)