Industry Segments (Tables)

3 Months Ended

Mar. 31, 2012

Industry Segments (Tables)

Segment Reporting Table

	Three Months Ended March 31,
	2012			2011
	(In Thousands)
Revenues from external customers
Product sales
Fluids Division	$	61,532		$	59,504
Production Enhancement Division
Production Testing		-			-
Compressco		1,162			2,490
Total Production Enhancement Division		1,162			2,490
Offshore Division
Offshore Services		1,995			935
Maritech		2,540			43,594
Intersegment eliminations		-			-
Total Offshore Division		4,535			44,529
Consolidated	$	67,229		$	106,523
Services and rentals
Fluids Division	$	17,776		$	17,826
Production Enhancement Division
Production Testing		38,283			33,210
Compressco		21,520			19,394
Total Production Enhancement Division		59,803			52,604
Offshore Division
Offshore Services		43,100			50,780
Maritech		75			428
Intersegment eliminations		(7,312	)		(5,616	)
Total Offshore Division		35,863			45,592
Corporate overhead		125			-
Consolidated	$	113,567		$	116,022
Intersegment revenues
Fluids Division	$	25		$	14
Production Enhancement Division
Production Testing		-			-
Compressco		-			-
Total Production Enhancement Division		-			-
Offshore Division
Offshore Services
Maritech		-			-
Intersegment eliminations		-			-
Total Offshore Division		-			-
Intersegment eliminations		(25	)		(14	)
Consolidated	$	-		$	-
Total revenues
Fluids Division	$	79,333		$	77,344
Production Enhancement Division
Production Testing		38,283			33,210
Compressco		22,682			21,884
Total Production Enhancement Division		60,965			55,094
Offshore Division
Offshore Services		45,095			51,715
Maritech		2,615			44,022
Intersegment eliminations		(7,312	)		(5,616	)
Total Offshore Division		40,398			90,121
Corporate overhead		125			-
Intersegment eliminations		(25	)		(14	)
Consolidated	$	180,796		$	222,545

14

	Three Months Ended March 31,
	2012			2011
	(In Thousands)
Income (loss) before taxes and discontinued operations
Fluids Division	$	11,465		$	7,249
Production Enhancement Division
Production Testing		5,677			9,083
Compressco		3,510			4,005
Total Production Enhancement Division		9,187			13,088
Offshore Division
Offshore Services		(1,033	)		(4,376	)
Maritech		(2,081	)		(4,520	)
Intersegment eliminations		-			159
Total Offshore Division		(3,114	)		(8,737	)
Corporate overhead		(15,786	)(1)		(15,641	)(1)
Consolidated	$	1,752		$	(4,041	)

	March 31,
	2012			2011
	(In Thousands)
Total assets
Fluids Division	$	382,321		$	361,755
Production Enhancement Division
Production Testing		215,026			102,216
Compressco		206,932			193,464
Total Production Enhancement Division		421,958			295,680
Offshore Division
Offshore Services		208,108			159,806
Maritech		60,711			266,388
Intersegment eliminations		-			(1,643	)
Total Offshore Division		268,819			424,551
Corporate overhead		146,148	(2)		149,348	(2)
Consolidated	$	1,219,246		$	1,231,334

(1) Amounts reflected include the following general corporate expenses:

	Three Months Ended March 31,
	2012		2011
	(In Thousands)
General and administrative expense	$	9,912	$	10,368
Depreciation and amortization		869		685
Interest expense		4,191		4,354
Other general corporate (income) expense, net		814		234
Total	$	15,786	$	15,641

(2) Includes assets of discontinued operations.