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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)
9 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Summary of Financial Information of Reportable Segments
Summarized financial information of our reportable segments for the three months ended June 30, 2020 and 2019 is shown in the following tables:
 
Three Months Ended June 30, 2020
(in thousands)
North America Solutions
 
Offshore Gulf of Mexico
 
International
Solutions
 
Other
 
Eliminations
 
Total
External Sales
$
254,434

 
$
37,494

 
$
22,477

 
$
2,959

 
$

 
$
317,364

Intersegment

 

 

 
10,384

 
(10,384
)
 

Total Sales
254,434

 
37,494

 
22,477

 
13,343

 
(10,384
)
 
317,364

 
 
 
 
 
 
 
 
 
 
 
 
Segment Operating Income (Loss)
(25,157
)
 
3,013

 
(9,540
)
 
4,389

 

 
(27,295
)
 
Three Months Ended June 30, 2019
(in thousands)
North America Solutions (1)
 
Offshore Gulf of Mexico
 
International
Solutions
 
Other
 
Eliminations
 
Total
External Sales
$
600,831

 
$
37,674

 
$
46,283

 
$
3,186

 
$

 
$
687,974

Intersegment

 

 

 

 

 

Total Sales
600,831

 
37,674

 
46,283

 
3,186

 

 
687,974

 
 
 
 
 
 
 
 
 
 
 
 
Segment Operating Income (Loss)
(147,015
)
 
5,078

 
(5,023
)
 
(731
)
 

 
(147,691
)

(1)
Prior period information has been restated to reflect the transition of the H&P Technologies reportable segment to the North America Solutions reportable segment.
Summarized financial information of our reportable segments for the nine months ended June 30, 2020 and 2019 is shown in the following tables:
 
Nine Months Ended June 30, 2020
(in thousands)
North America Solutions
 
Offshore Gulf of Mexico
 
International
Solutions
 
Other
 
Eliminations
 
Total
External Sales
$
1,325,076

 
$
110,828

 
$
120,189

 
$
9,567

 
$

 
$
1,565,660

Intersegment

 

 

 
28,927

 
(28,927
)
 

Total Sales
1,325,076

 
110,828

 
120,189

 
38,494

 
(28,927
)
 
1,565,660

 
 
 
 
 
 
 
 
 
 
 
 
Segment Operating Income (Loss)
(315,705
)
 
6,022

 
(158,894
)
 
3,704

 

 
(464,873
)
 
Nine Months Ended June 30, 2019
(in thousands)
North America Solutions (1)
 
Offshore Gulf of Mexico
 
International
Solutions
 
Other
 
Eliminations
 
Total
External Sales
$
1,867,253

 
$
109,167

 
$
163,378

 
$
9,642

 
$

 
$
2,149,440

Intersegment

 

 

 

 

 

Total Sales
1,867,253

 
109,167

 
163,378

 
9,642

 

 
2,149,440

 
 
 
 
 
 
 
 
 
 
 
 
Segment Operating Income
20,514

 
16,778

 
9,575

 
1,988

 

 
48,855

(1)
Prior period information has been restated to reflect the transition of the H&P Technologies reportable segment to the North America Solutions reportable segment.
Reconciliation of Segment Operating Income (Loss) to Income from Continuing Operations Before Income Taxes
The following table reconciles segment operating income (loss) per the tables above to income (loss) from continuing operations before income taxes as reported on the Unaudited Condensed Consolidated Statements of Operations:
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
(in thousands)
2020
 
2019
 
2020
 
2019
Segment operating income (loss)
$
(27,295
)
 
$
(147,691
)
 
$
(464,873
)
 
$
48,855

Gain on sale of assets
4,201

 
9,960

 
18,790

 
27,050

Corporate selling, general and administrative costs, corporate depreciation and corporate restructuring charges
(34,490
)
 
(30,143
)
 
(98,674
)
 
(94,344
)
Operating loss from continuing operations
(57,584
)
 
(167,874
)
 
(544,757
)
 
(18,439
)
Other income (expense)
 
 
 
 
 
 
 
Interest and dividend income
771

 
2,349

 
6,551

 
6,861

Interest expense
(6,125
)
 
(6,257
)
 
(18,320
)
 
(17,145
)
Gain (loss) on investment securities
2,267

 
(13,271
)
 
(7,325
)
 
(50,228
)
Gain on sale of subsidiary

 

 
14,963

 

Other
(2,914
)
 
(1,599
)
 
(3,711
)
 
(1,051
)
Total unallocated amounts
(6,001
)
 
(18,778
)
 
(7,842
)
 
(61,563
)
Loss from continuing operations before income taxes
$
(63,585
)
 
$
(186,652
)
 
$
(552,599
)
 
$
(80,002
)

Total Assets by Reportable Segment
The following table presents total assets by reportable segment:
(in thousands)
June 30,
2020
 
September 30,
2019
Total assets (1)
 
 
 
North America Solutions (2)
$
3,990,736

 
$
5,284,141

Offshore Gulf of Mexico
104,262

 
102,442

International Solutions
188,126

 
217,094

Other
33,655

 
32,532

 
4,316,779

 
5,636,209

Investments and corporate operations
645,547

 
203,306

Total assets from continuing operations
4,962,326

 
5,839,515

Discontinued operations

 

 
$
4,962,326

 
$
5,839,515


(1)
Assets by segment exclude investments in subsidiaries and intersegment activity.
(2)
Prior period information has been restated to reflect the transition of the H&P Technologies reportable segment to the North America Solutions reportable segment.
Revenues from External Customers by Country
The following table presents revenues from external customers by country based on the location of service provided:
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
(in thousands)
2020
 
2019
 
2020
 
2019
Operating revenues
 
 
 
 
 
 
 
United States
$
294,335

 
$
641,270

 
$
1,442,670

 
$
1,984,695

Argentina
7,231

 
40,977

 
77,522

 
123,666

Bahrain
6,430

 
1,855

 
21,497

 
6,909

United Arab Emirates
8,403

 

 
14,857

 
4,728

Colombia
413

 
3,451

 
6,313

 
28,075

Other Foreign
552

 
421

 
2,801

 
1,367

Total
$
317,364

 
$
687,974

 
$
1,565,660

 
$
2,149,440