XML 32 R21.htm IDEA: XBRL DOCUMENT v3.5.0.2
Industry Segments (Tables)
 9 Months Ended
Sep. 30, 2016
Industry Segments (Tables)  
Segment Reporting Table
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
 
(In Thousands)
Revenues from external customers
 

 
 

 
 

 
 

Product sales
 

 
 

 
 
 
 
Fluids Division
$
40,922

 
$
75,128

 
$
133,409

 
$
240,052

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
 
(In Thousands)
Production Testing Division
—

 
—

 
—

 
—

Compression Division
14,002

 
49,145

 
43,205

 
116,264

Offshore Division
 

 
 

 
 
 
 
Offshore Services
—

 
—

 
116

 
595

Maritech
238

 
475

 
575

 
2,375

Total Offshore Division
238

 
475

 
691

 
2,970

Consolidated
$
55,162

 
$
124,748

 
$
177,305

 
$
359,286

 
 
 
 
 
 
 
 
Services and rentals
 

 
 

 
 
 
 
Fluids Division
$
21,687

 
$
35,437

 
$
49,061

 
$
92,745

Production Testing Division
14,046

 
27,725

 
45,202

 
97,326

Compression Division
56,716

 
79,781

 
185,299

 
242,006

Offshore Division
 

 
 

 
 

 
 
Offshore Services
29,239

 
37,882

 
65,488

 
84,801

Maritech
—

 
—

 
—

 
—

Intersegment eliminations
(297
)
 
(429
)
 
(813
)
 
(3,609
)
Total Offshore Division
28,942

 
37,453

 
64,675

 
81,192

Consolidated
$
121,391

 
$
180,396

 
$
344,237

 
$
513,269

 
 
 
 
 
 
 
 
Interdivision revenues
 

 
 

 
 
 
 
Fluids Division
$
1

 
$
22

 
$
86

 
$
53

Production Testing Division
1,019

 
1,217

 
3,118

 
3,559

Compression Division
—

 
—

 
—

 
—

Offshore Division
 

 
 

 
 

 
 
Offshore Services
—

 
—

 
—

 
—

Maritech
—

 
—

 
—

 
—

Intersegment eliminations
—

 
—

 
—

 
—

Total Offshore Division
—

 
—

 
—

 
—

Interdivision eliminations
(1,020
)
 
(1,239
)
 
(3,204
)
 
(3,612
)
Consolidated
$
—

 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
 
(In Thousands)
Total revenues
 

 
 

 
 
 
 
Fluids Division
$
62,610

 
$
110,587

 
$
182,556

 
$
332,850

Production Testing Division
15,065

 
28,942

 
48,320

 
100,885

Compression Division
70,718

 
128,926

 
228,504

 
358,270

Offshore Division
 

 
 

 
 
 
 
Offshore Services
29,239

 
37,882

 
65,604

 
85,396

Maritech
238

 
475

 
575

 
2,375

Intersegment eliminations
(297
)
 
(429
)
 
(813
)
 
(3,609
)
Total Offshore Division
29,180

 
37,928

 
65,366

 
84,162

Interdivision eliminations
(1,020
)
 
(1,239
)
 
(3,204
)
 
(3,612
)
Consolidated
$
176,553

 
$
305,144

 
$
521,542

 
$
872,555

 
 
 
 
 
 
 
 
Income (loss) before taxes
 

 
 

 
 
 
 
Fluids Division
$
8,835

 
$
33,215

 
$
8,931

 
$
83,535

Production Testing Division
(4,222
)
 
(4,528
)
 
(27,924
)
 
(4,961
)
Compression Division
(15,766
)
 
2,070

 
(124,506
)
 
5,974

Offshore Division
 

 
 

 
 
 
 
Offshore Services
1,879

 
4,576

 
(5,792
)
 
(1,977
)
Maritech
(643
)
 
(1,649
)
 
(4,664
)
 
(987
)
Intersegment eliminations
—

 
—

 
—

 
—

Total Offshore Division
1,236

 
2,927

 
(10,456
)
 
(2,964
)
Interdivision eliminations
(2
)
 
5

 
5

 
(5
)
Corporate Overhead(1)
(12,666
)
 
(18,266
)
 
(45,229
)
 
(50,103
)
Consolidated
$
(22,585
)
 
$
15,423

 
$
(199,179
)
 
$
31,476


 
September 30,
 
2016
 
2015
 
(In Thousands)
Total assets
 

 
 

Fluids Division
$
332,322

 
$
414,246

Production Testing Division
93,916

 
195,920

Compression Division
832,839

 
1,205,023

Offshore Division
 

 
 

Offshore Services
127,813

 
140,815

Maritech
3,538

 
5,068

Total Offshore Division
131,351

 
145,883

Corporate Overhead and eliminations
(18,378
)
 
(19,759
)
Consolidated
$
1,372,050

 
$
1,941,313


(1)
Amounts reflected include the following general corporate expenses:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
 
(In Thousands)
General and administrative expense
$
8,748

 
$
13,440

 
$
26,698

 
$
33,978

Depreciation and amortization
101

 
230

 
328

 
743

Interest expense
4,699

 
4,011

 
16,347

 
13,423

Other general corporate expense, net
(882
)
 
585

 
1,856

 
1,959

Total
$
12,666

 
$
18,266

 
$
45,229

 
$
50,103