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Segment Information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company operates through four business segments – Solutions, Systems, Software and Ocean Bottom Services. The Company measures segment operating results based on income (loss) from operations. In addition, the Company has an equity ownership interest in its INOVA Geophysical joint venture. As of December 31, 2014, the Company wrote down its investment in INOVA Geophysical to zero and has suspended recording its share of losses in the joint venture. If at a future date, the Company’s cumulative share of earnings during the period of suspension becomes greater than its share of losses during the same period, the Company will begin to record its share of earnings in the joint venture as long as its net equity method investment remains greater than zero.
On August 4, 2016, the Company announced it plans to realign its four business segments into three. See further discussion at Footnote 18 “Subsequent Event” of Footnotes to Consolidated Financial Statements.”
The following table is a summary of segment information (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Net revenues:
 
 
 
 
 
 
 
Solutions:
 
 
 
 
 
 
 
New Venture
$
4,579

 
$
3,636

 
$
7,885

 
$
8,665

Data Library
6,275

 
7,509

 
10,547

 
9,646

Total multi-client revenues
10,854

 
11,145

 
18,432

 
18,311

Data Processing
7,764

 
11,205

 
13,204

 
23,038

Total
$
18,618

 
$
22,350

 
$
31,636

 
$
41,349

Systems
$
6,626

 
$
7,674

 
$
11,985

 
$
20,443

Software:
 
 
 
 
 
 
 
Software Systems
$
4,096

 
$
5,798

 
$
8,246

 
$
13,527

Services
379

 
973

 
517

 
2,054

Total
$
4,475

 
$
6,771

 
$
8,763

 
$
15,581

Ocean Bottom Services
$
6,433

 
$
—

 
$
6,433

 
$
—

Total
$
36,152

 
$
36,795

 
$
58,817

 
$
77,373

Gross profit (loss):






 
Solutions
$
(3,533
)
 
$
(7,856
)
 
$
(13,306
)
 
$
(18,248
)
Systems
1,358

 
1,500

 
2,721

 
6,059

Software
2,761

 
4,208

 
5,287

 
9,798

Ocean Bottom Services
4,267

 
(7,987
)
 
1,221

 
(23,532
)
Total
$
4,853

 
$
(10,135
)
 
$
(4,077
)
 
$
(25,923
)
Gross margin:
 
 
 
 
 
 
 
Solutions
(19
)%
 
(35
)%
 
(42
)%
 
(44
)%
Systems
20
 %
 
20
 %
 
23
 %
 
30
 %
Software
62
 %
 
62
 %
 
60
 %
 
63
 %
Ocean Bottom Services
66
 %
 
—
 %
 
19
 %
 
—
 %
Total
13
 %
 
(28
)%
 
(7
)%
 
(34
)%
Income (loss) from operations:
 
 
 
 
 
 
 
Solutions
$
(8,649
)
 
$
(19,756
)
 
$
(24,126
)
 
$
(41,534
)
Systems
(1,843
)
 
(2,379
)
 
(4,352
)
 
(1,365
)
Software
899

 
2,095

 
1,895

 
5,430

Ocean Bottom Services
2,884

 
(10,008
)
 
(1,330
)
 
(27,567
)
Corporate and other
(9,879
)
 
(10,641
)
 
(18,804
)
 
(22,342
)
Loss from operations
(16,588
)
 
(40,689
)
 
(46,717
)
 
(87,378
)
Interest expense, net
(4,702
)
 
(4,607
)
 
(9,436
)
 
(9,232
)
Other income (expense), net
(1,717
)
 
101,600

 
(1,597
)
 
98,381

Income (loss) before income taxes
$
(23,007
)
 
$
56,304

 
$
(57,750
)
 
$
1,771