BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Financial Information of Reportable Segments

Summarized financial information of our reportable segments for the three months ended December 31, 2020 and 2019 is shown in the following tables:

	Three Months Ended December 31, 2020
(in thousands)	North America Solutions		Offshore Gulf of Mexico		International Solutions		Other		Eliminations		Total
External sales	$	201,990	$	32,273	$	10,518	$	1,596	$	—	$	246,377
Intersegment	—		—		—		7,122		(7,122)		—
Total sales	201,990		32,273		10,518		8,718		(7,122)		246,377
Segment operating income (loss)	(72,928)		2,742		(8,357)		4,111		(2,126)		(76,558)

	Three Months Ended December 31, 2019
(in thousands)	North America Solutions (1)		Offshore Gulf of Mexico		International Solutions		Other		Eliminations		Total
External sales	$	524,681	$	40,255	$	46,462	$	3,259	$	—	$	614,657
Intersegment	—		—		—		7,740		(7,740)		—
Total sales	524,681		40,255		46,462		10,999		(7,740)		614,657
Segment operating income (loss)	52,139		6,328		3,115		(1,237)		—		60,345

(1)Operations previously reported within the H&P Technologies reportable segment are now managed and presented within the North America Solutions reportable segment.

Schedule of 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 December 31,
(in thousands)	2020		2019
Segment operating income (loss)	$	(76,558)	$	60,345
Gain on sale of assets	12,336		4,279
Corporate selling, general and administrative costs, corporate depreciation and corporate restructuring charges	(29,001)		(33,256)
Operating income (loss) from continuing operations	(93,223)		31,368
Other income (expense)
Interest and dividend income	1,879		2,214
Interest expense	(6,139)		(6,100)
Gain on investment securities	2,924		2,821
Gain on sale of subsidiary	—		14,963
Other	(1,480)		(399)
Total unallocated amounts	(2,816)		13,499
Income (loss) from continuing operations before income taxes	$	(96,039)	$	44,867

Schedule of Total Assets by Reportable Segment

The following table presents total assets by reportable segment:

(in thousands)	December 31, 2020		September 30, 2020
Total assets (1)
North America Solutions (2)	$	3,749,435	$	3,812,718
Offshore Gulf of Mexico	98,712		93,501
International Solutions	170,151		181,181
Other	81,683		22,144
	4,099,981		4,109,544
Investments and corporate operations	626,772		720,077
Total assets from continuing operations	4,726,753		4,829,621
Discontinued operations	—		—
	$	4,726,753	$	4,829,621

(1)Assets by segment exclude investments in subsidiaries and intersegment activity.

(2)Operations previously reported within the H&P Technologies reportable segment are now managed and presented within the North America Solutions reportable segment.

Schedule of 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 December 31,
(in thousands)	2020		2019
Operating revenues
United States	$	235,444	$	566,815
Argentina	1,553		40,609
Bahrain	7,549		4,684
United Arab Emirates	990		173
Colombia	429		996
Other Foreign	412		1,380
Total	$	246,377	$	614,657