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Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Information  
Schedule of the total gross margin and reconciliation to loss before income taxes and noncontrolling interest (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

    

2017

    

2016

    

2017

    

2016

Total gross margin

 

$

42,015

 

$

38,728

 

$

87,783

 

$

78,613

Selling, general and administrative

 

 

30,814

 

 

28,798

 

 

64,955

 

 

60,095

(Gain) on settlement

 

 

 —

 

 

(2,750)

 

 

 —

 

 

(2,750)

Interest expense

 

 

13,219

 

 

13,061

 

 

26,514

 

 

26,130

Loss before income taxes and noncontrolling interest

 

$

(2,018)

 

$

(381)

 

$

(3,686)

 

$

(4,862)

 

Schedule of total assets by reporting segment (in thousands)

 

 

 

 

 

 

 

 

 

    

June 30,

    

December 31,

 

 

 

2017

 

2016

 

Medical Equipment Solutions

 

$

563,068

 

$

584,597

 

Clinical Engineering Solutions

 

 

131,321

 

 

131,537

 

Surgical Services

 

 

104,688

 

 

101,989

 

Total Company Assets

 

$

799,077

 

$

818,123

 

 

Schedule of percentage of revenue for each group of similar products sold or services provided in segments

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

2016

 

    

2017

 

2016

 

MES

 

 

 

 

 

 

 

 

 

 

Equipment usage solutions

 

56.1

%  

61.1

%  

 

57.2

%  

60.4

%  

Equipment/disposable sales

 

1.9

 

2.6

 

 

1.9

 

4.3

 

 

 

58.0

 

63.7

 

 

59.1

 

64.7

 

CES

 

 

 

 

 

 

 

 

 

 

Service solutions

 

27.4

 

21.6

 

 

27.0

 

21.3

 

SS

 

 

 

 

 

 

 

 

 

 

Equipment usage solutions

 

14.4

 

14.5

 

 

13.7

 

13.8

 

Equipment/disposable sales

 

0.2

 

0.2

 

 

0.2

 

0.2

 

 

 

14.6

 

14.7

 

 

13.9

 

14.0

 

Total revenues

 

100.0

%  

100.0

%  

 

100.0

%  

100.0

%  

 

Medical Equipment Solutions  
Segment Information  
Schedule of operating information of segments (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

    

2017

    

2016

    

2017

    

2016

Revenues

 

$

74,396

 

$

74,940

 

$

153,056

 

$

155,170

Cost of revenue

 

 

33,415

 

 

33,213

 

 

67,211

 

 

71,494

Medical equipment depreciation

 

 

13,201

 

 

14,628

 

 

26,745

 

 

28,381

Gross margin

 

$

27,780

 

$

27,099

 

$

59,100

 

$

55,295

 

Clinical Engineering Solutions  
Segment Information  
Schedule of operating information of segments (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

    

2017

    

2016

    

2017

    

2016

Revenues

 

$

35,103

 

$

25,464

 

$

69,766

 

$

51,042

Cost of revenue

 

 

27,884

 

 

20,644

 

 

54,390

 

 

40,668

Gross margin

 

$

7,219

 

$

4,820

 

$

15,376

 

$

10,374

 

Surgical Services  
Segment Information  
Schedule of operating information of segments (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

    

2017

    

2016

    

2017

    

2016

Revenues

 

$

18,711

 

$

17,214

 

$

36,041

 

$

33,532

Cost of revenue

 

 

9,966

 

 

8,956

 

 

19,422

 

 

17,722

Medical equipment depreciation

 

 

1,729

 

 

1,449

 

 

3,312

 

 

2,866

Gross margin

 

$

7,016

 

$

6,809

 

$

13,307

 

$

12,944