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Segment Information
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company operates through three business segments – Solutions, Systems and Software. In addition, the Company has a 49% ownership interest in its INOVA Geophysical joint venture. The Company measures segment operating results based on income from operations. See Note 3 “Equity Method Investments” for the summarized financial information for INOVA Geophysical.
A summary of segment information is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
Net revenues:
 
 
 
 
 
 
 
Solutions:
 
 
 
 
 
 
 
New Venture
$
33,249

 
$
21,544

 
$
81,685

 
$
50,538

Data Library
21,521

 
22,235

 
30,969

 
32,503

Total multi-client revenues
54,770

 
43,779

 
112,654

 
83,041

Data Processing
33,849

 
28,190

 
65,135

 
55,055

Total
$
88,619

 
$
71,969

 
$
177,789

 
$
138,096

Systems:
 
 
 
 
 
 
 
Towed Streamer
$
12,570

 
$
13,727

 
$
26,119

 
$
29,531

Ocean Bottom
383

 
1,616

 
7,148

 
5,135

Other
10,895

 
7,476

 
22,428

 
24,859

Total
$
23,848

 
$
22,819

 
$
55,695

 
$
59,525

Software:
 
 
 
 
 
 
 
Software Systems
$
7,464

 
$
9,551

 
$
15,405

 
$
17,921

Services
984

 
875

 
1,763

 
1,382

Total
$
8,448

 
$
10,426

 
$
17,168

 
$
19,303

Total
$
120,915

 
$
105,214

 
$
250,652

 
$
216,924

Gross profit:






 
Solutions
$
21,890

 
$
28,904

 
$
42,087

 
$
47,889

Systems
8,802

 
9,234

 
17,182

 
25,046

Software
5,926

 
7,805

 
12,306

 
14,164

Total
$
36,618

 
$
45,943

 
$
71,575

 
$
87,099

 
 
 
 
 
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
Gross margin:
 
 
 
 
 
 
 
Solutions
25
%
 
40
%
 
24
%
 
35
%
Systems
37
%
 
40
%
 
31
%
 
42
%
Software
70
%
 
75
%
 
72
%
 
73
%
Total
30
%
 
44
%
 
29
%
 
40
%
Income from operations:
 
 
 
 
 
 
 
Solutions
$
11,021

 
$
17,434

 
$
18,378

 
$
27,040

Systems
1,504

 
995

 
2,438

 
9,735

Software
4,955

 
6,879

 
10,116

 
12,361

Corporate and other
(10,710
)
 
(12,336
)
 
(22,239
)
 
(24,521
)
Income from operations
6,770

 
12,972

 
8,693

 
24,615

Interest expense, net
(2,756
)
 
(1,364
)
 
(3,822
)
 
(2,882
)
Equity in earnings (losses) of investments
(6,338
)
 
3,777

 
(5,222
)
 
6,245

Other income (expense), net
(107,118
)
 
895

 
(106,091
)
 
209

Income (loss) before income taxes
$
(109,442
)
 
$
16,280

 
$
(106,442
)
 
$
28,187