Segments (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Revenue and other financial information by reportable segment

The following table presents revenue, gross margin and capital expenditures by segment during the years ended December 31, 2019, 2018 and 2017 (in thousands):

	Contract Operations		Aftermarket Services		Segments Total		Other (1)		Total (2)
2019:
Revenue	$	771,539	$	193,946	$	965,485	$	—	$	965,485
Gross margin	474,279		34,968		509,247		—		509,247
Capital expenditures	374,650		8,714		383,364		1,834		385,198
2018:
Revenue	$	672,536	$	231,905	$	904,441	$	—	$	904,441
Gross margin	399,523		40,551		440,074		—		440,074
Capital expenditures	307,048		6,111		313,159		5,943		319,102
2017:
Revenue	$	610,921	$	183,734	$	794,655	$	—	$	794,655
Gross margin	347,916		27,817		375,733		—		375,733
Capital expenditures	211,651		3,429		215,080		6,613		221,693

——————

⁽¹⁾  Includes corporate-related items.

⁽²⁾ 

Excludes capital expenditures and the operating results of discontinued operations.

Reconciliation of Assets from Segment to Consolidated

The following table presents assets by segment reconciled to total assets per the consolidated balance sheets (in thousands):

	December 31,
	2019		2018
Contract operations	$	2,915,724	$	2,383,381
Aftermarket services	67,832		79,383
Assets from segments	2,983,556		2,462,764
Other assets (1)	113,518		82,388
Assets associated with discontinued operations	12,901		7,363
Total assets	$	3,109,975	$	2,552,515

——————

⁽¹⁾ 

Includes corporate-related items.

Reconciliation of net income (loss) to gross margin

The following table reconciles total gross margin to income (loss) before income taxes (in thousands):

	Year Ended December 31,
	2019			2018			2017
Total gross margin	$	509,247		$	440,074		$	375,733
Less:
Selling, general and administrative	117,727			101,563			111,483
Depreciation and amortization	188,084			174,946			188,563
Long-lived asset impairment	44,663			28,127			29,142
Restatement and other charges	445			19			4,370
Restructuring and other charges	—			—			1,386
Interest expense	104,681			93,328			88,760
Debt extinguishment loss	3,653			2,450			291
Transaction-related costs	8,213			10,162			275
Gain on sale of assets, net	(16,016		)	(5,674		)	(5,675		)
Other income, net	(661		)	(157		)	(243		)
Income (loss) before income taxes	$	58,458		$	35,310		$	(42,619	)