(7) Segment Information

Business Segments

The Drilling Products and Services segment rents and sells bottom hole assemblies, premium drill pipe, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, completion, production and workover activities. It also provides on-site accommodations and machining services. The Onshore Completion and Workover Services segment provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a variety of well completion, workover and maintenance services. The Production Services segment provides intervention services such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment provides services typically requiring specialized engineering, manufacturing or project planning, including well containment systems, stimulation and sand control services, well plug and abandonment services and the production and sale of oil and gas.

The Company evaluates the performance of its reportable segments based on income or loss from operations excluding allocated corporate expenses. The segment measure is calculated as follows: segment revenues less segment operating expenses, depreciation, depletion, amortization and accretion expense and reduction in value of assets. The Company uses this segment measure to evaluate its reportable segments because it is the measure that is most consistent with how the Company organizes and manages its business operations. Corporate and other costs primarily include expenses related to support functions, salaries and benefits for corporate employees and stock-based compensation expense.

Summarized financial information for the Company’s segments is as follows (in thousands):



2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	383,719	$	1,057,656	$	418,525	$	270,365	$	-	$	2,130,265
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		148,019		846,907		342,420		164,758		-		1,502,104
Depreciation, depletion, amortization
and accretion		112,111		190,592		66,993		25,653		5,499		400,848
General and administrative expenses		53,688		37,170		41,499		57,600		99,295		289,252
Reduction in value of assets		-		644,813		92,252		-		2,660		739,725
Income (loss) from operations		69,901		(661,826)		(124,639)		22,354		(107,454)		(801,664)
Interest income (expense), net		-		-		-		3,915		(103,392)		(99,477)
Other expense		-		-		-		-		(1,678)		(1,678)
Income (loss) from continuing operations
before income taxes	$	69,901	$	(661,826)	$	(124,639)	$	26,269	$	(212,524)	$	(902,819)



2017

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	293,690	$	935,183	$	372,781	$	272,422	$	-	$	1,874,076
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		128,381		791,581		303,256		175,477		-		1,398,695
Depreciation, depletion, amortization
and accretion		131,394		193,098		78,999		29,506		5,719		438,716
General and administrative expenses		51,265		44,766		48,655		51,679		99,142		295,507
Reduction in value of assets		1,356		4,684		-		8,115		-		14,155
Income (loss) from operations		(18,706)		(98,946)		(58,129)		7,645		(104,861)		(272,997)
Interest income (expense), net		-		-		-		3,567		(105,022)		(101,455)
Other expense		-		-		-		-		(3,299)		(3,299)
Income (loss) from continuing operations
before income taxes	$	(18,706)	$	(98,946)	$	(58,129)	$	11,212	$	(213,182)	$	(377,751)



2016

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	293,543	$	523,965	$	348,363	$	284,176	$	-	$	1,450,047
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		136,719		515,784		276,223		194,548		-		1,123,274
Depreciation, depletion, amortization
and accretion		159,937		207,038		93,878		42,393		6,725		509,971
General and administrative expenses		64,182		48,837		49,687		65,299		118,601		346,606
Reduction in value of assets		48,903		190,835		235,067		25,600		-		500,405
Income (loss) from operations		(116,198)		(438,529)		(306,492)		(43,664)		(125,326)		(1,030,209)
Interest income (expense), net		-		-		(1,343)		3,553		(94,963)		(92,753)
Other expense		-		-		-		-		22,621		22,621
Income (loss) from continuing operations
before income taxes	$	(116,198)	$	(438,529)	$	(307,835)	$	(40,111)	$	(197,668)	$	(1,100,341)



Identifiable Assets
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
December 31, 2018	$	587,264	$	808,037	$	434,430	$	340,161	$	46,070	$	2,215,962
December 31, 2017	$	662,968	$	1,501,214	$	512,256	$	377,549	$	56,238	$	3,110,225
December 31, 2016	$	824,287	$	1,534,008	$	598,167	$	439,521	$	74,272	$	3,470,255



Capital Expenditures
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
December 31, 2018	$	46,649	$	147,793	$	8,651	$	16,221	$	2,056	$	221,370
December 31, 2017	$	27,219	$	115,415	$	7,860	$	13,296	$	1,143	$	164,933
December 31, 2016	$	35,413	$	20,094	$	20,848	$	3,829	$	364	$	80,548

Geographic Segments

The Company attributes revenue to various countries based on the location where services are performed or the destination of the drilling products or equipment sold or rented. Long-lived assets consist primarily of property, plant and equipment and are attributed to various countries based on the physical location of the asset at the end of a period. The Company’s revenue attributed to the U.S. and to other countries and the value of its long-lived assets by those locations is as follows (in thousands):



Revenues
	Years ended December 31,
	2018		2017		2016
United States	$	1,788,478	$	1,566,260	$	1,080,513
Other countries		341,787		307,816		369,534
Total	$	2,130,265	$	1,874,076	$	1,450,047

Long-Lived Assets

	December 31,
	2018		2017
United States	$	903,520	$	1,064,823
Other countries		205,606		252,121
Total	$	1,109,126	$	1,316,944