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Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Reconciliation of Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization from Segments to Consolidated
The following table presents a reconciliation of Segment Adjusted EBITDA to income (loss) from continuing operations (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Segment Adjusted EBITDA:
 
 
 
 
 
 
 
International Services
$
(4,159
)
 
$
55,311

 
$
27,220

 
$
107,596

U.S. Services
(11,318
)
 
16,714

 
(10,500
)
 
61,662

Tubular Sales
1,624

 
7,978

 
1,178

 
11,097

Corporate and other
180

 
31

 
202

 
24

Adjusted EBITDA Total
(13,673
)
 
80,034

 
18,100

 
180,379

Interest income (expense), net
198

 
(31
)
 
404

 
(23
)
Income tax benefit (expense)
7,705

 
(10,629
)
 
8,511

 
(21,891
)
Depreciation and amortization
(28,283
)
 
(27,710
)
 
(57,733
)
 
(51,711
)
Gain (loss) on sale of assets
279

 
(687
)
 
1,049

 
(871
)
Foreign currency loss
(4,170
)
 
(2,767
)
 
(4,211
)
 
(1,234
)
Equity-based compensation expense
(4,320
)
 
(8,308
)
 
(8,528
)
 
(16,373
)
Severance and other charges
(3,718
)
 
(1,049
)
 
(4,324
)
 
(13,022
)
Unrealized and realized gains (losses)
695

 

 
(963
)
 

Income (loss) from continuing operations
$
(45,287
)
 
$
28,853

 
$
(47,695
)
 
$
75,254

Schedule of Segment Reporting Information, by Segment
The following tables set forth certain financial information with respect to our reportable segments. Included in “Corporate and Other” are intersegment eliminations and costs associated with activities of a general nature (in thousands):
 
International
Services
 
U.S.
Services
 
Tubular Sales
 
Corporate
and Other
 
Total
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
57,350

 
$
37,118

 
$
26,478

 
$

 
$
120,946

Inter-segment revenues
29

 
3,940

 
4,351

 
(8,320
)
 

Adjusted EBITDA
(4,159
)
 
(11,318
)
 
1,624

 
180

 
(13,673
)
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
122,640

 
$
78,418

 
$
53,246

 
$

 
$
254,304

Inter-segment revenues
229

 
6,644

 
10,544

 
(17,417
)
 

Adjusted EBITDA
55,311

 
16,714

 
7,978

 
31

 
80,034

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
140,412

 
$
85,898

 
$
48,122

 
$

 
$
274,432

Inter-segment revenues
45

 
8,050

 
10,017

 
(18,112
)
 

Adjusted EBITDA
27,220

 
(10,500
)
 
1,178

 
202

 
18,100

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
246,841

 
$
187,704

 
$
97,196

 
$

 
$
531,741

Inter-segment revenues
606

 
14,558

 
22,435

 
(37,599
)
 

Adjusted EBITDA
107,596

 
61,662

 
11,097

 
24

 
180,379