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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

Summarized segment information is as follows (in thousands):

Three Months Ended June 30,

 

 

Transportation

 

 

Water

 

 

Specialty

 

 

Materials

 

 

Total

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

403,978

 

 

$

112,831

 

 

$

175,084

 

 

$

143,010

 

 

$

834,903

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

 

 

 

(45,363

)

 

 

(45,363

)

Revenue from external customers

 

 

403,978

 

 

 

112,831

 

 

 

175,084

 

 

 

97,647

 

 

 

789,540

 

Gross (loss) profit

 

 

(99,879

)

 

 

11,263

 

 

 

22,210

 

 

 

14,002

 

 

 

(52,404

)

Depreciation, depletion and amortization

 

 

4,845

 

 

 

10,931

 

 

 

8,401

 

 

 

6,054

 

 

 

30,231

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

502,711

 

 

$

51,618

 

 

$

151,842

 

 

$

146,197

 

 

$

852,368

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

 

 

 

(45,249

)

 

 

(45,249

)

Revenue from external customers

 

 

502,711

 

 

 

51,618

 

 

 

151,842

 

 

 

100,948

 

 

 

807,119

 

Gross profit

 

 

35,963

 

 

 

5,450

 

 

 

21,476

 

 

 

17,480

 

 

 

80,369

 

Depreciation, depletion and amortization

 

 

5,373

 

 

 

4,378

 

 

 

9,212

 

 

 

6,074

 

 

 

25,037

 

Six Months Ended June 30,

 

 

Transportation

 

 

Water

 

 

Specialty

 

 

Materials

 

 

Total

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

742,188

 

 

$

212,086

 

 

$

315,777

 

 

$

192,243

 

 

$

1,462,294

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

 

 

 

(52,953

)

 

 

(52,953

)

Revenue from external customers

 

 

742,188

 

 

 

212,086

 

 

 

315,777

 

 

 

139,290

 

 

 

1,409,341

 

Gross (loss) profit

 

 

(78,629

)

 

 

19,382

 

 

 

37,077

 

 

 

10,244

 

 

 

(11,926

)

Depreciation, depletion and amortization

 

 

8,485

 

 

 

21,987

 

 

 

14,213

 

 

 

11,633

 

 

 

56,318

 

Segment assets

 

 

350,679

 

 

 

302,294

 

 

 

148,441

 

 

 

376,619

 

 

 

1,178,033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

861,856

 

 

$

91,659

 

 

$

270,313

 

 

$

199,519

 

 

$

1,423,347

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

 

 

 

(52,849

)

 

 

(52,849

)

Revenue from external customers

 

 

861,856

 

 

 

91,659

 

 

 

270,313

 

 

 

146,670

 

 

 

1,370,498

 

Gross profit

 

 

67,425

 

 

 

17,014

 

 

 

37,212

 

 

 

15,001

 

 

 

136,652

 

Depreciation, depletion and amortization

 

 

10,393

 

 

 

4,884

 

 

 

11,339

 

 

 

11,484

 

 

 

38,100

 

Segment assets

 

 

426,698

 

 

 

359,141

 

 

 

157,313

 

 

 

304,121

 

 

 

1,247,273

 

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of segment gross (loss) profit to consolidated loss before provision for (benefit from) income taxes is as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Total gross (loss) profit from reportable segments

 

$

(52,404

)

 

$

80,369

 

 

$

(11,926

)

 

$

136,652

 

Selling, general and administrative expenses

 

 

69,998

 

 

 

61,316

 

 

 

151,153

 

 

 

122,568

 

Acquisition and integration expenses

 

 

9,177

 

 

 

26,287

 

 

 

12,500

 

 

 

34,696

 

Gain on sales of property and equipment

 

 

(4,935

)

 

 

(1,505

)

 

 

(6,835

)

 

 

(2,048

)

Total other income

 

 

(923

)

 

 

(2,444

)

 

 

(2,777

)

 

 

(1,486

)

Loss before (benefit from) provision for income taxes

 

$

(125,721

)

 

$

(3,285

)

 

$

(165,967

)

 

$

(17,078

)