Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Summary of Segment Information

The following table is a summary of segment information (in thousands):

	Three Months Ended September 30,								Nine Months Ended September 30,
	2019				2018				2019				2018
Net revenues:
E&P Technology & Services:
New Venture	$	5,905			$	18,218			$	24,394			$	40,069
Data Library	27,288				13,956				55,030				21,629
Total multi-client revenues	33,193				32,174				79,424				61,698
Imaging Services	7,048				4,147				16,443				14,379
Total	40,241				36,321				95,867				76,077
Operations Optimization:
Devices	6,103				5,356				18,455				14,275
Optimization Software & Services	6,895				5,523				17,648				15,099
Total	12,998				10,879				36,103				29,374
Total net revenues	$	53,239			$	47,200			$	131,970			$	105,451
Gross profit (loss):
E&P Technology & Services	$	18,316			$	12,139			$	36,113			$	11,626
Operations Optimization	6,972				5,736				18,670				14,980
Segment gross profit	25,288				17,875				54,783				26,606
Other	—				(1,400		)	(a)	—				(4,795		)	(a)
Total gross profit	$	25,288			$	16,475			$	54,783			$	21,811
Gross margin:
E&P Technology & Services	46		%		33		%		38		%		15		%
Operations Optimization	54		%		53		%		52		%		51		%
Segment gross margin	47		%		38		%		42		%		25		%
Other	—		%		(3		)%		—		%		(5		)%
Total gross margin	47		%		35		%		42		%		21		%
Income (loss) from operations:
E&P Technology & Services	$	11,878			$	6,578			$	15,500			$	(4,422	)
Operations Optimization	2,994				1,963				5,808				3,992
Support and other	(11,014		)	(b)	(10,993		)	(b)	(35,940		)	(c)	(37,181		)	(c)
Income (loss) from operations	3,858				(2,452		)		(14,632		)		(37,611		)
Interest expense, net	(3,155		)		(3,022		)		(9,378		)		(9,769		)
Other income (expense), net	(242		)		91				(938		)		(616		)
Income (loss) before income taxes	$	461			$	(5,383	)		$	(24,948	)		$	(47,996	)

^(a) Relates to gross loss primarily related to depreciation expense of previously reported Ocean Bottom Integrated Technologies segment.

^(b) Includes loss from operations of previously reported Ocean Bottom Integrated Technologies segment of $0.7 million and $2.8 million for the three months ended September 30, 2019 and 2018, respectively, which consists of item (a) above and operating expenses of $0.7 million and $1.4 million for the three months ended September 30, 2019 and 2018, respectively.

^(c) Includes loss from operations of previously reported Ocean Bottom Integrated Technologies segment of $2.3 million and $8.6 million for the nine months ended September 30, 2019 and 2018, respectively, which consists of item (a) above and operating expenses of $2.3 million and $3.8 million for the nine months ended September 30, 2019 and 2018, respectively.