XML 57 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Industry Segments and Geographic Information (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Reporting Table
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In Thousands)
Revenues from external customers
 
 

 
 

 
 

Product sales
 
 

 
 

 
 

Completion Fluids & Products Division
 
$
242,412

 
$
226,132

 
$
176,720

Water & Flowback Services Division
 
1,961

 
12,581

 
162

Compression Division
 
164,854

 
66,691

 
71,809

Consolidated
 
$
409,227

 
$
305,404

 
$
248,691

Services
 
 

 
 

 
 

Completion Fluids & Products Division
 
$
15,002

 
$
31,688

 
$
28,349

Water & Flowback Services Division
 
300,727

 
157,110

 
100,786

Compression Division
 
273,819

 
228,896

 
239,565

Consolidated
 
$
589,548

 
$
417,694

 
$
368,700

 
 
 
 
 
 
 
Interdivision revenues
 
 
 
 

 
 

Completion Fluids & Products Division
 
$
(6
)
 
$
31

 
$
87

Water & Flowback Services Division
 
384

 
1,930

 
4,109

Compression Division
 
—

 
—

 
—

Interdivision eliminations
 
(378
)
 
(1,961
)
 
(4,196
)
Consolidated
 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
Total revenues
 
 

 
 

 
 

Completion Fluids & Products Division
 
$
257,408

 
$
257,851

 
$
205,156

Water & Flowback Services Division
 
303,072

 
171,621

 
105,057

Compression Division
 
438,673

 
295,587

 
311,374

Interdivision eliminations
 
(378
)
 
(1,961
)
 
(4,196
)
Consolidated
 
$
998,775

 
$
723,098

 
$
617,391

 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In Thousands)
Depreciation, amortization, and accretion
 
 

 
 

 
 

Completion Fluids & Products
 
$
15,345

 
$
16,298

 
$
28,338

Water & Flowback Services
 
28,439

 
18,092

 
16,221

Compression
 
70,500

 
69,142

 
72,159

Corporate overhead
 
658

 
521

 
429

Consolidated
 
$
114,925

 
$
104,053

 
$
117,147

 
 
 
 
 
 
 
Interest expense
 
 

 
 

 
 

Completion Fluids & Products
 
$
179

 
$
124

 
$
32

Water & Flowback Services
 
5

 
6

 
42

Compression
 
52,317

 
42,309

 
38,271

Corporate overhead
 
19,565

 
15,588

 
21,639

Consolidated
 
$
72,066

 
$
58,027

 
$
59,984

 
 
 
 
 
 
 
Income (loss) before taxes
 
 

 
 

 
 

Completion Fluids & Products
 
$
30,623

 
$
63,891

 
$
17,742

Water & Flowback Services
 
28,712

 
(12,816
)
 
(42,783
)
Compression
 
(33,797
)
 
(37,246
)
 
(136,327
)
Interdivision eliminations
 
11

 
(151
)
 
12

Corporate overhead(1)
 
(61,975
)
 
(57,721
)
 
(61,864
)
Consolidated
 
$
(36,426
)
 
$
(44,043
)
 
$
(223,220
)
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In Thousands)
Total assets
 
 

 
 

 
 

Completion Fluids & Products
 
$
296,129

 
$
293,507

 
$
287,347

Water & Flowback Services
 
230,442

 
139,771

 
122,973

Compression
 
869,474

 
784,745

 
816,148

Corporate overhead and eliminations
 
(11,872
)
 
(30,543
)
 
(23,939
)
Assets of discontinued operations
 
1,354

 
121,134

 
113,011

Consolidated
 
$
1,385,527

 
$
1,308,614

 
$
1,315,540

 
 
 
 
 
 
 
Capital expenditures
 
 

 
 

 
 

Completion Fluids & Products
 
$
5,259

 
$
3,091

 
$
1,629

Water & Flowback Services(2)
 
30,175

 
16,194

 
1,484

Compression Division (3)
 
104,002

 
25,920

 
11,568

Corporate overhead
 
809

 
932

 
472

Discontinued operations
 
1,686

 
5,786

 
5,913

Consolidated
 
$
141,931

 
$
51,923

 
$
21,066

(1) 
Amounts reflected include the following general corporate expenses:
 
 
2018
 
2017
 
2016
 
 
(In Thousands)
General and administrative expense
 
$
50,431

 
$
46,156

 
$
34,767

Depreciation and amortization
 
658

 
84

 
430

Interest expense, net
 
19,640

 
15,513

 
21,593

Warrants fair value adjustment (income) expense
 
(11,128
)
 
(5,301
)
 
2,106

Other general corporate (income) expense, net
 
2,374

 
1,269

 
4,037

Total
 
$
61,975

 
$
57,721

 
$
62,933
Financial Information by Geographic Area Table
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
 
 
(In Thousands)
Revenues from external customers:
 
 

 
 

 
 

U.S.
 
$
791,389

 
$
545,964

 
$
458,227

Canada and Mexico
 
41,524

 
36,074

 
34,594

South America
 
25,781

 
28,040

 
20,480

Europe
 
93,262

 
80,721

 
71,882

Africa
 
12,367

 
700

 
10,345

Asia and other
 
34,452

 
31,599

 
21,863

Total
 
$
998,775

 
$
723,098

 
$
617,391

Transfers between geographic areas:
 
 

 
 

 
 

U.S.
 
$
—

 
$
—

 
$
—

Canada and Mexico
 
—

 
—

 
—

South America
 
—

 
—

 
—

Europe
 
3,157

 
2,025

 
93

Africa
 
—

 
—

 
—

Asia and other
 
—

 
—

 
—

Eliminations
 
(3,157
)
 
(2,025
)
 
(93
)
Total revenues
 
$
998,775

 
$
723,098

 
$
617,391

Identifiable assets:
 
 

 
 

 
 

U.S.
 
$
1,211,759

 
$
1,131,650

 
$
1,132,986

Canada and Mexico
 
59,355

 
62,537

 
64,163

South America
 
25,122

 
23,352

 
21,354

Europe
 
57,807

 
61,000

 
53,713

Africa
 
14,772

 
3,696

 
5,711

Asia and other
 
16,712

 
26,379

 
37,613

Total identifiable assets
 
$
1,385,527

 
$
1,308,614

 
$
1,315,540