XML 31 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Industry Segments
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Industry Segments
INDUSTRY SEGMENTS
 
We manage our operations through three Divisions: Completion Fluids & Products, Water & Flowback Services, and Compression.

 Summarized financial information concerning the business segments is as follows:
 
Three Months Ended
March 31,
 
2019
 
2018
 
(In Thousands)
Revenues from external customers
 

 
 

Product sales
 
 
 
Completion Fluids & Products Division
$
57,328

 
$
51,057

Water & Flowback Services Division
364

 
1,250

Compression Division
34,089

 
23,646

Consolidated
$
91,781

 
$
75,953

 
 
 
 
Services
 
 
 
Completion Fluids & Products Division
$
4,253

 
$
2,049

Water & Flowback Services Division
78,314

 
59,603

Compression Division
69,380

 
61,776

Consolidated
$
151,947

 
$
123,428

 
 
 
 
Interdivision revenues
 
 
 
Completion Fluids & Products Division
$

 
$
(2
)
Water & Flowback Services Division

 
222

Compression Division

 

Interdivision eliminations

 
(220
)
Consolidated
$

 
$

 
 
 
 
Total revenues
 
 
 
Completion Fluids & Products Division
$
61,581

 
$
53,104

Water & Flowback Services Division
78,678

 
61,075

Compression Division
103,469

 
85,422

Interdivision eliminations

 
(220
)
Consolidated
$
243,728

 
$
199,381

 
 
 
 
Income (loss) before taxes
 
 
 
Completion Fluids & Products Division
$
6,186

 
$
2,449

Water & Flowback Services Division
2,231

 
6,548

Compression Division
(7,801
)
 
(14,018
)
Interdivision eliminations
6

 

Corporate Overhead(1)
(17,687
)
 
(14,912
)
Consolidated
$
(17,065
)
 
$
(19,933
)

(1)
Amounts reflected include the following general corporate expenses:
 
Three Months Ended
March 31,
 
2019
 
2018
 
(In Thousands)
General and administrative expense
$
12,089

 
$
12,598

Depreciation and amortization
168

 
151

Interest expense
5,342

 
4,007

Warrants fair value adjustment (income) expense
407

 
(1,994
)
Other general corporate (income) expense, net
(319
)
 
150

Total
$
17,687

 
$
14,912