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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Financial Information Regarding Company's Segments
The following table sets out financial information related to the Company's segments excluding amortization (in thousands):

 
Three Months Ended June 30,
 
2019
 
2018
 
SC
 
IPS
 
SCS
 
Total
 
SC
 
IPS
 
SCS
 
Total
Product sales (recognized at a point in time)
$
184,444

 
$

 
$
48,385

 
$
232,829

 
$
176,191

 
$

 
$
40,127

 
$
216,318

Inventory management services (recognized over contract life)

 

 
3,927

 
$
3,927

 

 

 
3,267

 
$
3,267

Staffing services (day-rate basis)
15,534

 

 

 
$
15,534

 
17,385

 

 

 
$
17,385

Customized pump production (recognized over time)

 
81,028

 

 
$
81,028

 

 
74,257

 

 
$
74,257

Total Revenue
$
199,978

 
$
81,028

 
$
52,312

 
$
333,318

 
$
193,576

 
$
74,257

 
$
43,394

 
$
311,227

Income from operations
$
23,230

 
$
12,028

 
$
3,784

 
$
39,042

 
$
21,933

 
$
8,956

 
$
4,255

 
$
35,144


 
Six Months Ended June 30,
 
2019
 
2018
 
SC
 
IPS
 
SCS
 
Total
 
SC
 
IPS
 
SCS
 
Total
Product sales (recognized at a point in time)
$
356,112

 
$

 
$
94,770

 
$
450,882

 
$
336,734

 
$

 
$
79,830

 
$
416,564

Inventory management services (recognized over contract life)

 

 
7,865

 
$
7,865

 

 

 
6,497

 
$
6,497

Staffing services (day-rate basis)
30,045

 

 

 
$
30,045

 
32,203

 

 

 
$
32,203

Customized pump production (recognized over time)

 
155,751

 

 
$
155,751

 

 
141,899

 

 
$
141,899

Total Revenue
$
386,157

 
$
155,751

 
$
102,635

 
$
644,543

 
$
368,937

 
$
141,899

 
$
86,327

 
$
597,163

Income from operations
$
42,210

 
$
18,827

 
$
7,870

 
$
68,907

 
37,762

 
15,338

 
8,309

 
$
61,409


Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes
The following table presents reconciliations of operating income for reportable segments to the consolidated income before taxes (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Operating income for reportable segments
$
39,042

 
$
35,144

 
$
68,907

 
$
61,409

Adjustment for:
 
 
 
 
 
 
 
Amortization of intangible assets
3,803

 
4,119

 
7,617

 
8,477

Corporate expenses
12,392

 
10,965

 
23,627

 
21,723

Income from operations
$
22,847

 
$
20,060

 
37,663

 
31,209

Interest expense
4,885

 
6,137

 
9,925

 
11,178

Other income, net
185

 
(1,416
)
 
152

 
(1,438
)
Income before income taxes
$
17,777

 
$
15,339

 
$
27,586

 
$
21,469

Schedule of Company's Identifiable Assets by Segments
The Company's identifiable assets by segments are as follows (in thousands):

 
As of June 30, 2019
 
As of December 31, 2018
Service Centers
$
456,310

 
$
402,944

Innovative Pumping Solutions
227,085

 
188,765

Supply Chain Services
61,835

 
53,517

Total Identifiable Assets
$
745,230

 
$
645,226