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Business Segment Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Reportable Segments Financial Information
The following table sets forth certain financial information with respect to Basic’s reportable segments (in thousands):
 
 
Completion and
 
 
 
 
 
 
 
 
 
 
 
 
Remedial
 
Fluid
 
Well
 
Contract
 
Corporate
 
 
 
 
Services
 
Services
 
Servicing
 
Drilling
 
and Other
 
Total
Predecessor Year ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
184,567

 
$
191,725

 
$
163,966

 
$
7,239

 
$
—

 
$
547,497

Direct operating costs
 
(158,762
)
 
(161,535
)
 
(140,274
)
 
(7,079
)
 
—

 
(467,650
)
Segment profits
 
$
25,805

 
$
30,190

 
$
23,692

 
$
160

 
$
—

 
$
79,847

Depreciation and amortization
 
$
87,736

 
$
57,119

 
$
48,703

 
$
6,304

 
$
18,343

 
$
218,205

Capital expenditures, (excluding acquisitions)
 
$
8,315

 
$
17,324

 
$
8,727

 
$
276

 
$
3,698

 
$
38,340

Successor identifiable assets
 
$
215,034

 
$
128,725

 
$
125,474

 
$
14,121

 
$
284,806

 
$
768,160

 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor Year ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
307,550

 
$
258,597

 
$
217,245

 
$
22,207

 
$
—

 
$
805,599

Direct operating costs
 
(245,069
)
 
(196,155
)
 
(184,952
)
 
(16,680
)
 
—

 
(642,856
)
Segment profits
 
$
62,481

 
$
62,442

 
$
32,293

 
$
5,527

 
$
—

 
$
162,743

Depreciation and amortization
 
$
83,882

 
$
71,280

 
$
60,466

 
$
14,083

 
$
11,760

 
$
241,471

Capital expenditures, (excluding acquisitions)
 
$
22,384

 
$
19,950

 
$
18,732

 
$
2,431

 
$
6,323

 
$
69,820

Predecessor identifiable assets
 
$
365,574

 
$
257,036

 
$
233,293

 
$
51,930

 
$
230,348

 
$
1,138,181

 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor Year ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
698,917

 
$
369,774

 
$
361,683

 
$
60,910

 
$
—

 
$
1,491,284

Direct operating costs
 
(434,457
)
 
(265,105
)
 
(270,344
)
 
(41,513
)
 
—

 
(1,011,419
)
Segment profits
 
$
264,460

 
$
104,669

 
$
91,339

 
$
19,397

 
$
—

 
$
479,865

Depreciation and amortization
 
$
74,924

 
$
64,445

 
$
55,131

 
$
12,773

 
$
10,207

 
$
217,480

Capital expenditures, (excluding acquisitions)
 
$
168,017

 
$
71,112

 
$
54,858

 
$
9,311

 
$
8,196

 
$
311,494

Predecessor identifiable assets
 
$
514,842

 
$
299,542

 
$
276,696

 
$
60,362

 
$
445,735

 
$
1,597,177
Reconciliation of Segment Profits to Operating Income
The following table reconciles the segment profits reported above to the operating income as reported in the consolidated statements of operations (in thousands):
 
 
Year ended December 31,
 
 
2016
 
2015
 
2014
Segment profits
 
$
79,847

 
$
162,743

 
$
479,865

General and administrative expenses
 
(135,331
)
 
(143,458
)
 
(167,301
)
Depreciation and amortization
 
(218,205
)
 
(241,471
)
 
(217,480
)
Loss on disposal of assets
 
(1,014
)
 
(1,602
)
 
(1,974
)
Restructuring costs
 
(20,743
)
 
—

 
—

Goodwill impairment
 
(646
)
 
(81,877
)
 
(34,703
)
Operating (loss) income
 
$
(296,092
)
 
$
(305,665
)
 
$
58,407