XML 36 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
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,
 
2016
 
2015
 
2016
 
2015
Net revenues:
 
 
 
 
 
 
 
E&P Technology & Services:
 
 
 
 
 
 
 
New Venture
$
8,393

 
$
26,650

 
$
16,278

 
$
35,315

Data Library
21,510

 
15,302

 
32,057

 
24,948

Total multi-client revenues
29,903

 
41,952

 
48,335

 
60,263

Imaging Services
6,134

 
10,693

 
19,338

 
33,731

Total
36,037

 
52,645

 
67,673

 
93,994

E&P Operations Optimization:
 
 
 
 
 
 
 
Devices
8,679

 
7,290

 
20,664

 
27,733

Optimization Software & Services
3,922

 
6,739

 
12,685

 
22,320

Total
12,601

 
14,029

 
33,349

 
50,053

Ocean Bottom Services
29,984

 

 
36,417

 

Total
$
78,622

 
$
66,674

 
$
137,439

 
$
144,047

Gross profit (loss):






 
E&P Technology & Services
$
12,888

 
$
11,294

 
$
(418
)
 
$
(6,954
)
E&P Operations Optimization
6,866

 
7,039

 
16,647

 
25,971

Ocean Bottom Services
12,011

 
(7,225
)
 
11,459

 
(33,832
)
Total
$
31,765

 
$
11,108

 
$
27,688

 
$
(14,815
)
Gross margin:
 
 
 
 
 
 
 
E&P Technology & Services
36
%
 
21
%
 
(1
)%
 
(7
)%
E&P Operations Optimization
54
%
 
50
%
 
50
 %
 
52
 %
Ocean Bottom Services
40
%
 
%
 
31
 %
 
 %
Total
40
%
 
17
%
 
20
 %
 
(10
)%
Income (loss) from operations:
 
 
 
 
 
 
 
E&P Technology & Services
$
7,259

 
$
1,642

 
$
(16,867
)
 
$
(37,401
)
E&P Operations Optimization
3,682

 
3,916

 
7,162

 
15,786

Ocean Bottom Services
9,320

 
(10,287
)
 
2,053

 
(46,457
)
Support and other
(8,397
)
 
(8,145
)
 
(27,201
)
 
(32,180
)
Income (loss) from operations
11,864

 
(12,874
)
 
(34,853
)
 
(100,252
)
Interest expense, net
(4,607
)
 
(4,854
)
 
(14,043
)
 
(14,086
)
Other income (expense), net
(2,027
)
 
(346
)
 
(3,624
)
 
98,035

Income (loss) before income taxes
$
5,230

 
$
(18,074
)
 
$
(52,520
)
 
$
(16,303
)