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Business Segment Information (Tables)
 12 Months Ended
Dec. 31, 2017
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
 
Well
 
Water
 
Contract
 
Corporate
 
 
 
 
Services
 
Servicing
 
Logistics
 
Drilling
 
and Other
 
Total
Successor Year ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
433,450

 
$
210,811

 
$
208,784

 
$
10,996

 
$
—

 
$
864,041

Direct operating costs
 
(318,191
)
 
(169,905
)
 
(168,621
)
 
(9,733
)
 
—

 
(666,450
)
Segment profits
 
$
115,259

 
$
40,906

 
$
40,163

 
$
1,263

 
$
—

 
$
197,591

Depreciation and amortization
 
$
52,648

 
$
20,911

 
$
29,210

 
$
1,654

 
$
7,786

 
$
112,209

Capital expenditures
 
$
77,514

 
$
25,077

 
$
32,565

 
$
159

 
$
2,572

 
$
137,887

Successor identifiable assets
 
$
258,711

 
$
109,138

 
$
129,601

 
$
7,205

 
$
315,825

 
$
820,480

 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor Year ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
184,567

 
$
163,966

 
$
191,725

 
$
7,239

 
$
—

 
$
547,497

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

 
(467,650
)
Segment profits
 
$
25,805

 
$
23,692

 
$
30,190

 
$
160

 
$
—

 
$
79,847

Depreciation and amortization
 
$
87,736

 
$
48,703

 
$
57,119

 
$
6,304

 
$
18,343

 
$
218,205

Capital expenditures
 
$
8,315

 
$
8,727

 
$
17,324

 
$
276

 
$
3,698

 
$
38,340

Predecessor identifiable assets
 
$
215,034

 
$
125,474

 
$
128,725

 
$
14,121

 
$
284,806

 
$
768,160

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

 
$
217,245

 
$
258,597

 
$
22,207

 
$
—

 
$
805,599

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

 
(642,856
)
Segment profits
 
$
62,481

 
$
32,293

 
$
62,442

 
$
5,527

 
$
—

 
$
162,743

Depreciation and amortization
 
$
83,882

 
$
60,466

 
$
71,280

 
$
14,083

 
$
11,760

 
$
241,471

Capital expenditures, (excluding acquisitions)
 
$
22,384

 
$
18,732

 
$
19,950

 
$
2,431

 
$
6,323

 
$
69,820

Predecessor identifiable assets
 
$
365,574

 
$
233,293

 
$
257,036

 
$
51,930

 
$
230,348

 
$
1,138,181
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):
 
 
Successor
 
 
Predecessor
 
Predecessor
 
 
Year ended December 31,
 
 
2017
 
 
2016
 
2015
Segment profits
 
$
197,591

 
 
$
79,847

 
$
162,743

General and administrative expenses
 
(146,458
)
 
 
(135,331
)
 
(143,458
)
Depreciation and amortization
 
(112,209
)
 
 
(218,205
)
 
(241,471
)
Loss on disposal of assets
 
(274
)
 
 
(1,014
)
 
(1,602
)
Restructuring costs
 
—

 
 
(20,743
)
 
—

Goodwill impairment
 
—

 
 
(646
)
 
(81,877
)
Operating loss
 
$
(61,350
)
 
 
$
(296,092
)
 
$
(305,665
)