OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2015

OPERATING SEGMENTS

Summary of financial information concerning reportable segments

	Three Months Ended June 30, 2015
$s in thousands	Environmental Services		Field & Industrial Services		Corporate		Total
Treatment & Disposal Revenue	$	73,949	$	—	$	—	$	73,949
Services Revenue:
Transportation and Logistics (1)	17,241		4,844		—		22,085
Industrial Cleaning (2)	—		23,331		—		23,331
Technical Services (3)	—		16,827		—		16,827
Remediation (4)	—		2,579		—		2,579
Other (5)	—		961		—		961
Total Revenue	$	91,190	$	48,542	$	—	$	139,732
Depreciation, amortization and accretion	$	8,834	$	3,025	$	143	$	12,002
Capital expenditures	$	6,149	$	3,095	$	901	$	10,145
Total assets	$	599,607	$	199,298	$	64,166	$	863,071

	Three Months Ended June 30, 2014
$s in thousands	Environmental Services		Field & Industrial Services		Corporate		Total
Treatment & Disposal Revenue	$	47,813	$	—	$	—	$	47,813
Services Revenue:
Transportation and Logistics (1)	9,349		1,238		—		10,587
Industrial Cleaning (2)	—		4,401		—		4,401
Technical Services (3)	—		2,009		—		2,009
Remediation (4)	—		1,027		—		1,027
Other (5)	—		182		—		182
Total Revenue	$	57,162	$	8,857	$	—	$	66,019
Depreciation, amortization and accretion	$	5,159	$	488	$	174	$	5,821
Capital expenditures	$	3,234	$	588	$	61	$	3,883
Total assets	$	626,996	$	197,642	$	80,747	$	905,385

	Six Months Ended June 30, 2015
$s in thousands	Environmental Services		Field & Industrial Services		Corporate		Total
Treatment & Disposal Revenue	$	147,928	$	—	$	—	$	147,928
Services Revenue:
Transportation and Logistics (1)		34,687	14,292		—		48,979
Industrial Cleaning (2)	—		42,448		—		42,448
Technical Services (3)	—		30,223		—		30,223
Remediation (4)	—		4,239		—		4,239
Other (5)	—		2,566		—		2,566
Total Revenue	$	182,615	$	93,768	$	—	$	276,383
Depreciation, amortization and accretion	$	17,504	$	6,035	$	279	$	23,818
Capital expenditures	$	13,084	$	4,849	$	1,443	$	19,376
Total assets	$	599,607	$	199,298	$	64,166	$	863,071

	Six Months Ended June 30, 2014
$s in thousands	Environmental Services		Field & Industrial Services		Corporate		Total
Treatment & Disposal Revenue	$	92,760	$	—	$	—	$	92,760
Services Revenue:
Transportation and Logistics (1)	17,756		1,238		—		18,994
Industrial Cleaning (2)	—		4,401		—		4,401
Technical Services (3)	—		2,009		—		2,009
Remediation (4)	—		1,027		—		1,027
Other (5)	—		182		—		182
Total Revenue	$	110,516	$	8,857	$	—	$	119,373
Depreciation, amortization and accretion	$	9,667	$	488	$	188	$	10,343
Capital expenditures	$	7,827	$	588	$	243	$	8,658
Total assets	$	626,996	$	197,642	$	80,747	$	905,385

(1)	Includes such services as collection, transportation and disposal of non-hazardous and hazardous waste. Prior to the acquisition of EQ on June 17, 2014, services within Environmental Services included transportation services.
(2)	Includes such services as industrial cleaning and maintenance for utilities, refineries, chemical plants, pulp and paper mills, steel and automotive plants, and refinery services such as tank cleaning, centrifuge and temporary storage.
(3)	Includes such services as Total Waste Management (“TWM”) programs, retail services, laboratory packing, less-than-truck-load (LTL) service and Household Hazardous Waste (“HHW”) collection.
(4)	Includes such services as site assessment, onsite treatment, project management and remedial action planning and execution.
(5)	Includes such services as emergency response and marine.

Reconciliation of Adjusted EBITDA to Net Income

	Three Months Ended June 30,						Six Months Ended June 30,
$s in thousands	2015			2014			2015			2014
Adjusted EBITDA:
Environmental Services	$	36,450		$	24,723		$	73,616		$	48,767
Field & Industrial Services	5,026			1,836			8,098			1,836
Corporate	(10,052		)	(9,465		)	(23,061		)	(13,233		)
Total	31,424			17,094			58,653			37,370
Reconciliation to Net income:
Income tax expense	(5,055		)	(4,247		)	(7,957		)	(9,474		)
Interest expense	(5,433		)	(858		)	(11,127		)	(944		)
Interest income	6			39			47			83
Foreign currency gain (loss)	292			743			(775		)	(197		)
Other income	233			170			769			256
Impairment charges	(6,700		)	—			(6,700		)	—
Depreciation and amortization of plant and equipment	(7,656		)	(4,573		)	(15,135		)	(8,412		)
Amortization of intangibles	(3,304		)	(862		)	(6,606		)	(1,215		)
Stock-based compensation	(627		)	(255		)	(1,089		)	(525		)
Accretion and non-cash adjustment of closure & post-closure liabilities	(1,042		)	(386		)	(2,077		)	(716		)
Net income	$	2,138		$	6,865		$	8,003		$	16,226

Summary of revenues by geographic location

	Three Months Ended June 30,				Six Months Ended June 30,
$s in thousands	2015		2014		2015		2014
United States	$	129,568	$	51,375	$	254,331	$	88,646
Canada	10,164		14,644		22,052		30,727
Total revenue	$	139,732	$	66,019	$	276,383	$	119,373

Schedule of long-lived assets by geographic location

	June 30,		December 31,
$s in thousands	2015		2014
United States	$	439,458	$	446,412
Canada	55,110		59,939
Total long-lived assets	$	494,568	$	506,351