XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Information [Abstract]  
Schedule Of Segment Reporting Information By Segment







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Onshore

 

 

 

 

 

 

 

 

 

 

 

 



 

Drilling

 

Completion

 

 

 

 

 

 

 

 

 

 

 



 

Products and

 

and Workover

 

Production

 

Technical

 

Corporate and

 

Consolidated



 

Services

 

Services

 

Services

 

Solutions

 

Other

 

Total

Revenues

 

$

94,033 

 

$

276,242 

 

$

102,004 

 

$

63,269 

 

$

 -

 

$

535,548 

Cost of services and rentals (exclusive of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

depreciation, depletion, amortization and accretion)

 

 

36,599 

 

 

210,206 

 

 

85,129 

 

 

37,876 

 

 

 -

 

 

369,810 

Depreciation, depletion, amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   and accretion

 

 

28,590 

 

 

47,423 

 

 

14,303 

 

 

6,273 

 

 

1,384 

 

 

97,973 

General and administrative expenses

 

 

13,843 

 

 

11,102 

 

 

9,696 

 

 

13,323 

 

 

21,932 

 

 

69,896 

Income (loss) from operations

 

 

15,001 

 

 

7,511 

 

 

(7,124)

 

 

5,797 

 

 

(23,316)

 

 

(2,131)

Interest income (expense), net

 

 

 -

 

 

 -

 

 

 -

 

 

971 

 

 

(25,865)

 

 

(24,894)

Other expense

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

(2,382)

 

 

(2,382)

Income (loss) from continuing operations 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   before income taxes

 

$

15,001 

 

$

7,511 

 

$

(7,124)

 

$

6,768 

 

$

(51,563)

 

$

(29,407)









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Onshore

 

 

 

 

 

 

 

 

 

 

 

 



 

Drilling

 

Completion

 

 

 

 

 

 

 

 

 

 

 

 



 

Products and

 

and Workover

 

Production

 

Technical

 

Corporate and

 

Consolidated



 

Services

 

Services

 

Services

 

Solutions

 

Other

 

Total

Revenues

 

$

68,827 

 

$

249,079 

 

$

88,606 

 

$

63,556 

 

$

 -

 

$

470,068 

Cost of services and rentals (exclusive of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

depreciation, depletion, amortization and accretion)

 

 

33,002 

 

 

207,021 

 

 

71,377 

 

 

40,402 

 

 

 -

 

 

351,802 

Depreciation, depletion, amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   and accretion

 

 

33,619 

 

 

44,621 

 

 

20,193 

 

 

8,255 

 

 

1,431 

 

 

108,119 

General and administrative expenses

 

 

12,739 

 

 

11,804 

 

 

11,886 

 

 

13,828 

 

 

26,451 

 

 

76,708 

Income (loss) from operations

 

 

(10,533)

 

 

(14,367)

 

 

(14,850)

 

 

1,071 

 

 

(27,882)

 

 

(66,561)

Interest income (expense), net

 

 

 -

 

 

 -

 

 

 -

 

 

911 

 

 

(24,244)

 

 

(23,333)

Other expense

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

(2,156)

 

 

(2,156)

Income (loss) from continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   before income taxes

 

$

(10,533)

 

$

(14,367)

 

$

(14,850)

 

$

1,982 

 

$

(54,282)

 

$

(92,050)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Onshore

 

 

 

 

 

 

 

 

 

 

 

 



 

Drilling

 

Completion

 

 

 

 

 

 

 

 

 

 

 



 

Products and

 

and Workover

 

Production

 

Technical

 

Corporate and

 

Consolidated



 

Services

 

Services

 

Services

 

Solutions

 

Other

 

Total

Revenues

 

$

179,235 

 

$

507,731 

 

$

202,721 

 

$

128,179 

 

$

 -

 

$

1,017,866 

Cost of services and rentals (exclusive of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

depreciation, depletion, amortization and accretion)

 

 

71,669 

 

 

390,857 

 

 

171,065 

 

 

79,679 

 

 

 -

 

 

713,270 

Depreciation, depletion, amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   and accretion

 

 

58,231 

 

 

95,078 

 

 

33,583 

 

 

14,003 

 

 

2,797 

 

 

203,692 

General and administrative expenses

 

 

26,367 

 

 

24,328 

 

 

19,289 

 

 

27,383 

 

 

48,349 

 

 

145,716 

Income/(loss) from operations

 

 

22,968 

 

 

(2,532)

 

 

(21,216)

 

 

7,114 

 

 

(51,146)

 

 

(44,812)

Interest income (expense), net

 

 

 -

 

 

 -

 

 

 -

 

 

1,927 

 

 

(51,708)

 

 

(49,781)

Other expense

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

(4,117)

 

 

(4,117)

Income/(loss) from continuing operations 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   before income taxes

 

$

22,968 

 

$

(2,532)

 

$

(21,216)

 

$

9,041 

 

$

(106,971)

 

$

(98,710)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 











 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Onshore

 

 

 

 

 

 

 

 

 

 

 

 



 

Drilling

 

Completion

 

 

 

 

 

 

 

 

 

 

 



 

Products and

 

and Workover

 

Production

 

Technical

 

Corporate and

 

Consolidated



 

Services

 

Services

 

Services

 

Solutions

 

Other

 

Total

Revenues

 

$

137,258 

 

$

454,058 

 

$

157,211 

 

$

122,477 

 

$

 -

 

$

871,004 

Cost of services and rentals (exclusive of

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

depreciation, depletion, amortization and accretion)

 

 

62,060 

 

 

400,710 

 

 

132,157 

 

 

78,861 

 

 

 -

 

 

673,788 

Depreciation, depletion, amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     and accretion

 

 

68,348 

 

 

93,768 

 

 

40,782 

 

 

16,631 

 

 

2,871 

 

 

222,400 

General and administrative expenses

 

 

25,705 

 

 

23,075 

 

 

23,167 

 

 

27,396 

 

 

52,858 

 

 

152,201 

Loss from operations

 

 

(18,855)

 

 

(63,495)

 

 

(38,895)

 

 

(411)

 

 

(55,729)

 

 

(177,385)

Interest income (expense), net

 

 

 -

 

 

 -

 

 

 -

 

 

1,701 

 

 

(49,284)

 

 

(47,583)

Other income

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

(1,507)

 

 

(1,507)

Income (loss) from continuing operations 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   before income taxes

 

$

(18,855)

 

$

(63,495)

 

$

(38,895)

 

$

1,290 

 

$

(106,520)

 

$

(226,475)









Identifiable Assets



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Onshore

 

 

 

 

 

 

 

 

 

 

 

 



 

Drilling

 

Completion

 

 

 

 

 

 

 

 

 

 

 



 

Products and

 

and Workover

 

Production

 

Technical

 

Corporate and

 

Consolidated



 

Services

 

Services

 

Services

 

Solutions

 

Other

 

Total

June 30, 2018

 

$

578,083 

 

$

1,553,343 

 

$

491,859 

 

$

345,196 

 

$

52,504 

 

$

3,020,985 

December 31, 2017

 

$

662,968 

 

$

1,501,214 

 

$

512,256 

 

$

377,549 

 

$

56,238 

 

$

3,110,225 



Revenue By Geographic Area



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended June 30,

 

Six Months Ended June 30,



 

2018

 

2017

 

2018

 

2017

United States

 

$

447,666 

 

$

402,065 

 

$

855,213 

 

$

735,674 

Other countries

 

 

87,882 

 

 

68,003 

 

 

162,653 

 

 

135,330 

Total

 

$

535,548 

 

$

470,068 

 

$

1,017,866 

 

$

871,004 



 

 

 

 

 

 

 

 

 

 

 

 

Long-Lived Assets

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

June 30, 2018

 

December 31, 2017

 

 

 

 

United States

 

$

1,001,738 

 

$

1,064,823 

 

 

 

 

 

 

Other countries

 

 

238,965 

 

 

252,121 

 

 

 

 

 

 

Total

 

$

1,240,703 

 

$

1,316,944