XML 51 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Revenues Gross Profit And Operating Income By Segment
Revenues, gross profit, and operating income associated with our operating segments were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
In thousands2020201920202019
Product revenues
Device Solutions$174,039 $211,096 $501,157 $644,254 
Networked Solutions282,677 330,487 898,465 978,259 
Outcomes13,942 11,314 38,158 41,281 
Total Company$470,658 $552,897 $1,437,780 $1,663,794 
Service revenues
Device Solutions$2,089 $2,253 $6,415 $8,573 
Networked Solutions23,982 25,734 73,519 70,305 
Outcomes43,455 43,590 130,479 131,415 
Total Company$69,526 $71,577 $210,413 $210,293 
Total revenues
Device Solutions$176,128 $213,349 $507,572 $652,827 
Networked Solutions306,659 356,221 971,984 1,048,564 
Outcomes57,397 54,904 168,637 172,696 
Total Company$540,184 $624,474 $1,648,193 $1,874,087 
Gross profit
Device Solutions$20,528 $40,945 $64,843 $122,451 
Networked Solutions102,295 135,406 332,368 388,717 
Outcomes20,428 20,053 56,123 63,713 
Total Company$143,251 $196,404 $453,334 $574,881 
Operating income (loss)
Device Solutions$11,017 $27,905 $28,095 $81,717 
Networked Solutions71,404 105,637 237,466 298,994 
Outcomes12,044 10,843 29,468 35,620 
Corporate unallocated(118,445)(104,946)(338,026)(312,511)
Total Company(23,980)39,439 (42,997)103,820 
Total other income (expense)(13,063)(15,110)(35,020)(44,983)
Income (loss) before income taxes$(37,043)$24,329 $(78,017)$58,837 
Revenues By Region
Revenues by region were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
In thousands2020201920202019
United States and Canada$354,841 $405,973 $1,110,028 $1,221,448 
Europe, Middle East, and Africa (EMEA)156,810 157,159 431,593 495,715 
Latin America and Asia Pacific(1)
28,533 61,342 106,572 156,924 
Total Company$540,184 $624,474 $1,648,193 $1,874,087 
(1)    On June 25, 2020, Itron closed on the sale of its Latin American operations. We will continue to sell into the region through an exclusive distributor.
Depreciation expense is allocated to the operating segments based upon each segment's use of the assets. All amortization expense is recognized within Corporate unallocated.
Depreciation And Amortization Expense Associated With Segments Depreciation and amortization of intangible assets expense associated with our operating segments was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
In thousands2020201920202019
Device Solutions$5,926 $6,373 $18,423 $19,155 
Networked Solutions4,377 3,077 12,447 9,530 
Outcomes1,327 1,408 4,132 3,995 
Corporate unallocated12,446 17,765 37,304 53,011 
Total Company$24,076 $28,623 $72,306 $85,691