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OPERATING SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2019
OPERATING SEGMENTS  
Summary of financial information of our reportable segments

Three Months Ended June 30, 2019

Field &

Environmental

Industrial

$s in thousands

    

Services

    

Services

    

Corporate

    

Total

Revenue

$

112,844

$

42,958

$

$

155,802

Depreciation, amortization and accretion

$

10,377

$

2,151

$

597

$

13,125

Capital expenditures

$

14,455

$

2,059

$

920

$

17,434

Total assets

$

725,311

$

167,985

$

68,120

$

961,416

Three Months Ended June 30, 2018

Field &

Environmental

Industrial

$s in thousands

    

Services

    

Services

    

Corporate

    

Total

Revenue

$

98,960

$

37,952

$

$

136,912

Depreciation, amortization and accretion

$

8,676

$

1,415

$

330

$

10,421

Capital expenditures

$

4,935

$

1,849

$

618

$

7,402

Total assets

$

599,706

$

126,797

$

98,160

$

824,663

Six Months Ended June 30, 2019

Field &

Environmental

Industrial

$s in thousands

    

Services

    

Services

    

Corporate

    

Total

Revenue

$

205,177

$

81,662

$

$

286,839

Depreciation, amortization and accretion

$

20,003

$

4,282

$

901

$

25,186

Capital expenditures

$

21,296

$

2,108

$

1,253

$

24,657

Total assets

$

725,311

$

167,985

$

68,120

$

961,416

Six Months Ended June 30, 2018

Field &

Environmental

Industrial

$s in thousands

    

Services

    

Services

    

Corporate

    

Total

Revenue

$

185,431

$

71,540

$

$

256,971

Depreciation, amortization and accretion

$

17,186

$

2,770

$

446

$

20,402

Capital expenditures

$

10,939

$

2,887

$

1,134

$

14,960

Total assets

$

599,706

$

126,797

$

98,160

$

824,663

Reconciliation of Net Income to Adjusted EBITDA and adjusted EBITDA by operating segment

Three Months Ended June 30, 

Six Months Ended June 30, 

$s in thousands

    

2019

    

2018

2019

    

2018

Net income

$

15,491

$

13,220

$

23,534

$

22,463

Income tax expense

6,395

4,258

9,436

7,778

Interest expense

3,588

2,907

7,618

5,716

Interest income

(202)

(39)

(409)

(63)

Foreign currency loss

384

139

523

153

Other income

(122)

(193)

(232)

(2,316)

Property and equipment impairment charges

25

Depreciation and amortization of plant and equipment

9,129

7,044

17,254

13,649

Amortization of intangible assets

2,863

2,296

5,674

4,598

Share-based compensation

1,245

1,011

2,467

2,079

Accretion and non-cash adjustment of closure & post-closure liabilities

1,133

1,081

2,258

2,155

Property insurance recoveries

(4,500)

(9,153)

Adjusted EBITDA

$

35,404

$

31,724

$

58,995

$

56,212

Adjusted EBITDA, by operating segment, is as follows:

    

Three Months Ended June 30, 

    

Six Months Ended June 30, 

$s in thousands

2019

    

2018

2019

    

2018

Adjusted EBITDA:

Environmental Services

 

$

47,056

$

39,860

 

$

82,316

$

74,532

Field & Industrial Services

 

 

5,022

 

4,562

 

 

7,576

 

6,907

Corporate

 

 

(16,674)

 

(12,698)

 

 

(30,897)

 

(25,227)

Total

 

$

35,404

$

31,724

 

$

58,995

$

56,212

Schedule of long-lived assets by geographic location

    

June 30, 

December 31, 

$s in thousands

2019

    

2018

United States

$

481,301

$

480,322

Canada

 

59,185

 

57,787

Total long-lived assets

$

540,486

$

538,109