Segments and Other Financial Information

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segments and Other Financial Information

SEGMENTS AND OTHER FINANCIAL INFORMATION

Reportable segments

Our reportable segments are based on three reportable segments, as described in Note 2.

The operations of our segments are managed separately and each has unique technology, services and customers. We account for intersegment sales at prices that we generally establish by reference to similar transactions with unaffiliated customers. Reportable segments are measured based on gross profit.

Segment financial information

	Year Ended December 31,
(In thousands)	2015		2014		2013
REVENUES
Global Power:
New Build Environmental Equipment	$	150,920	$	171,175	$	310,327
New Build Steam Generation Systems	489,050		300,754		402,134
	639,970		471,929		712,461
Global Services:
Parts and Technical Services	282,369		311,294		304,598
Projects	297,567		286,094		406,196
Construction Services	279,969		242,295		279,997
Operations and Maintenance	73,725		68,999		64,399
	933,630		908,682		1,055,190
Industrial Environmental:
Environmental Solutions	90,343		48,938		—
Engineered Equipment	32,002		21,190		—
Aftermarket Services	61,350		35,290		—
	183,695		105,418		—
	$	1,757,295	$	1,486,029	$	1,767,651

(In thousands)	Year Ended December 31,
	2015			2014			2013
GROSS PROFIT
Global Power	$	111,309		$	94,647		$	126,275
Global Services	192,241			193,629			225,434
Industrial Environmental	48,914			24,961			—
Mark to market adjustment included in costs of operations	(44,307		)	(94,204		)	84,772
	$	308,157		$	219,033		$	436,481
Selling, general and administrative	(244,065		)	(218,038		)	(211,401		)
Research and development	(16,543		)	(18,483		)	(21,043		)
Loss on asset disposal and impairments	(14,597		)	(1,752		)	(1,181		)
Equity in income of investees	(242		)	8,681			18,387
Restructuring activities	(14,946		)	(20,183		)	(18,343		)
Mark to market adjustment included in selling, general and administrative expenses	4,097			(7,233		)	7,331
Operating income (loss)	$	21,861		$	(37,975	)	$	210,231

Included in operating income (loss) above are the following:

(In thousands)	Year Ended December 31,
	2015			2014			2013
EQUITY IN INCOME OF INVESTEES
Global Power	$	(3,295	)	$	(1,717	)	$	7,097
Global Services	3,054			10,398			11,290
	$	(242	)	$	8,681		$	18,387

(In thousands)	Year Ended December 31,
	2015		2014		2013
DEPRECIATION AND AMORTIZATION
Global Power	$	4,424	$	3,988	$	3,917
Global Services	12,655		15,806		17,950
Industrial Environmental	10,345		8,197		—
Segment depreciation and amortization	27,424		27,991		21,867
Corporate	7,508		4,445		1,163
Total depreciation and amortization	$	34,932	$	32,436	$	23,030

We do not separately identify or report our Company's assets by segment as the majority of our assets are shared by the Global Power and Global Services segments. Additionally, our chief operating decision maker does not consider assets by segment to be a critical measure by which performance is measured.

Information about our consolidated operations in different geographic areas

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
REVENUES(1)
United States	$	1,034,653	$	934,397	$	1,144,853
Canada	134,276		136,382		235,815
United Kingdom	126,285		61,972		20,042
Denmark	116,064		65,436		56,336
Dominican Republic	82,916		27,399		473
Vietnam	46,803		3,829		1,946
China	41,921		53,005		52,932
Chile	19,503		15,686		9,240
Germany	19,233		22,792		22,869
Sweden	18,302		29,786		37,823
India	13,108		5,070		4,670
France	6,377		6,188		2,173
Finland	6,113		4,926		—
Poland	5,437		3,343		1,748
Columbia	4,904		8,037		44,622
Italy	4,671		3,540		2,532
Netherlands	4,651		1,441		8,099
Thailand	4,606		8,113		2,650
South Africa	4,486		3,137		2,208
South Korea	4,358		14,149		5,926
Saudi Arabia	4,220		8,003		8,200
Greenland	3,172		920		—
Mexico	2,933		2,344		3,461
Australia	2,817		2,540		1,808
Spain	2,311		1,102		640
Brazil	2,176		3,156		2,751
Malaysia	2,173		706		1,808
Taiwan	2,141		1,007		1,144
Tunisia	1,868		169		—
Indonesia	1,730		5,324		6,227
Other Countries	33,087		52,130		84,655
	$	1,757,295	$	1,486,029	$	1,767,651

⁽¹⁾  We allocate geographic revenues based on the location of the customer's operations.

NET PROPERTY, PLANT AND EQUIPMENT
United States	$	88,840	$	82,209	$	77,993
Canada	1,201		3,757		6,581
China	13,956		12,356		10,980
Mexico	24,643		12,106		8,312
United Kingdom	8,070		8,638		9,414
Denmark	6,265		6,963		8,715
Germany	1,270		1,536		2,060
Other Countries	1,472		7,672		6,852
	$	145,717	$	135,237	$	130,907