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Segment Information
9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net revenues:
 
 
 
 
 
 
 
E&P Technology & Services:
 
 
 
 
 
 
 
New Venture
$
18,218

 
$
43,542

 
$
40,069

 
$
70,477

Data Library
13,956

 
5,044

 
21,629

 
25,360

Total multi-client revenues
32,174

 
48,586

 
61,698

 
95,837

Imaging Services
4,147

 
3,468

 
14,379

 
13,409

Total
36,321

 
52,054

 
76,077

 
109,246

Operations Optimization:
 
 
 
 
 
 
 
Devices
5,356

 
5,260

 
14,275

 
17,929

Optimization Software & Services
5,523

 
3,781

 
15,099

 
12,477

Total
10,879

 
9,041

 
29,374

 
30,406

Ocean Bottom Integrated Technologies

 

 

 

Total
$
47,200

 
$
61,095

 
$
105,451

 
$
139,652

Gross profit (loss):






 
E&P Technology & Services
$
12,139

 
$
28,533

 
$
11,626

 
$
44,464

Operations Optimization
5,736

 
4,055

 
14,980

 
15,100

Ocean Bottom Integrated Technologies
(1,400
)
 
(2,479
)
 
(4,795
)
 
(7,736
)
Total
$
16,475

 
$
30,109

 
$
21,811

 
$
51,828

Gross margin:
 
 
 
 
 
 
 
E&P Technology & Services
33
%
 
55
%
 
15
%
 
41
%
Operations Optimization
53
%
 
45
%
 
51
%
 
50
%
Ocean Bottom Integrated Technologies
%
 
%
 
%
 
%
Total
35
%
 
49
%
 
21
%
 
37
%
Income (loss) from operations:
 
 
 
 
 
 
 
E&P Technology & Services
$
6,578

 
$
22,695

 
$
(4,422
)
 
$
27,952

Operations Optimization
1,963

 
998

 
3,992

 
5,569

Ocean Bottom Integrated Technologies
(2,811
)
 
(4,432
)
 
(8,566
)
 
(12,300
)
Support and other
(8,182
)
 
(9,325
)
 
(28,615
)
 
(28,769
)
Income (loss) from operations
(2,452
)
 
9,936

 
(37,611
)
 
(7,548
)
Interest expense, net
(3,022
)
 
(3,959
)
 
(9,769
)
 
(12,664
)
Other income (expense), net
91

 
722

 
(616
)
 
(4,154
)
Income (loss) before income taxes
$
(5,383
)
 
$
6,699

 
$
(47,996
)
 
$
(24,366
)