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Segment Information
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company evaluates and reviews its results based on three business segments: E&P Technology & Services, Operations Optimization (formerly referred to as E&P Operations Optimization), and Ocean Bottom Integrated Technologies (formerly referred to as Ocean Bottom Seismic Services). The Company measures segment operating results based on income (loss) from operations.
The following table is a summary of segment information (in thousands):
 
Three Months Ended March 31,
 
2018
 
2017
Net revenues:
 
 
 
E&P Technology & Services:
 
 
 
New Venture
$
13,726

 
$
6,949

Data Library
5,948

 
10,606

Total multi-client revenues
19,674

 
17,555

Imaging Services
4,894

 
5,755

Total
24,568

 
23,310

Operations Optimization:
 
 
 
Devices
4,158

 
4,990

Optimization Software & Services
4,782

 
4,256

Total
8,940

 
9,246

Ocean Bottom Integrated Technologies

 

Total
$
33,508

 
$
32,556

Gross profit (loss):



E&P Technology & Services
$
4,343

 
$
4,010

Operations Optimization
4,311

 
4,787

Ocean Bottom Integrated Technologies
(1,801
)
 
(2,696
)
Total
$
6,853

 
$
6,101

Gross margin:
 
 
 
E&P Technology & Services
18
%
 
17
%
Operations Optimization
48
%
 
52
%
Ocean Bottom Integrated Technologies
%
 
%
Total
20
%
 
19
%
Income (loss) from operations:
 
 
 
E&P Technology & Services
$
(794
)
 
$
(1,096
)
Operations Optimization
786

 
1,549

Ocean Bottom Integrated Technologies
(2,829
)
 
(4,008
)
Support and other
(9,803
)
 
(10,357
)
Loss from operations
(12,640
)
 
(13,912
)
Interest expense, net
(3,836
)
 
(4,464
)
Other expense, net
(791
)
 
(5,068
)
Loss before income taxes
$
(17,267
)
 
$
(23,444
)