Quarterly report pursuant to Section 13 or 15(d)

Reporting Segments (Tables)

v3.20.2
Reporting Segments (Tables)
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment The following tables set forth certain financial information with respect to the Company’s reportable segments (in thousands):
Three months ended September 30, 2020 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 44,009  $ 15,738  $ 6,031  $ 1,193  $ 3,563  $ —  $ 70,534 
Intersegment revenues —  53  —  26  672  (751) — 
Total revenue 44,009  15,791  6,031  1,219  4,235  (751) 70,534 
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 29,074  6,881  3,784  1,964  4,226  —  45,929 
Intersegment cost of revenues 162  449  26  —  114  (751) — 
Total cost of revenue 29,236  7,330  3,810  1,964  4,340  (751) 45,929 
Selling, general and administrative 7,377  1,744  1,033  382  1,644  —  12,180 
Depreciation, depletion, amortization and accretion 7,589  7,196  2,693  2,323  3,331  —  23,132 
Operating loss (193) (479) (1,505) (3,450) (5,080) —  (10,707)
Interest expense, net 628  269  54  60  87  —  1,098 
Other (income) expense, net (9,204) (1,156) 1,792  20  (494) —  (9,042)
Income (loss) before income taxes $ 8,383  $ 408  $ (3,351) $ (3,530) $ (4,673) $ —  $ (2,763)

Three months ended September 30, 2019 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 37,289  $ 43,887  $ 12,634  $ 6,065  $ 13,542  $ —  $ 113,417 
Intersegment revenues —  725  5,727  58  417  (6,927) — 
Total revenue 37,289  44,612  18,361  6,123  13,959  (6,927) 113,417 
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 36,940  33,059  18,547  7,203  15,385  —  111,134 
Intersegment cost of revenues —  6,054  326  185  362  (6,927) — 
Total cost of revenue 36,940  39,113  18,873  7,388  15,747  (6,927) 111,134 
Selling, general and administrative 7,322  3,669  1,314  910  1,208  —  14,423 
Depreciation, depletion, amortization and accretion 7,953  10,176  4,022  3,096  4,544  —  29,791 
Impairment of goodwill —  —  —  —  3,194  —  3,194 
Impairment of other long-lived assets —  —  —  —  3,348  —  3,348 
Operating loss (14,926) (8,346) (5,848) (5,271) (14,082) —  (48,473)
Interest expense, net 599  316  43  220  220  —  1,398 
Other (income) expense, net (6,239) (3) 99  (100) (125) —  (6,368)
Loss before income taxes $ (9,286) $ (8,659) $ (5,990) $ (5,391) $ (14,177) $ —  $ (43,503)
Nine months ended September 30, 2020 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 100,294  $ 74,549  $ 22,421  $ 7,166  $ 23,596  $ —  $ 228,026 
Intersegment revenues —  1,435  95  107  2,026  (3,663) — 
Total revenue 100,294  75,984  22,516  7,273  25,622  (3,663) 228,026 
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 81,389  41,833  20,465  9,627  23,274  —  176,588 
Intersegment cost of revenues 197  1,410  355  151  1,550  (3,663) — 
Total cost of revenue 81,586  43,243  20,820  9,778  24,824  (3,663) 176,588 
Selling, general and administrative 19,711  5,443  3,641  2,777  5,105  —  36,677 
Depreciation, depletion, amortization and accretion 23,339  23,373  7,353  7,900  11,165  —  73,130 
Impairment of goodwill —  53,406  —  —  1,567  —  54,973 
Impairment of other long-lived assets —  4,203  —  326  8,368  —  12,897 
Operating loss (24,342) (53,684) (9,298) (13,508) (25,407) —  (126,239)
Interest expense, net 2,105  907  167  473  555  —  4,207 
Other (income) expense, net (24,289) (2,444) 1,753  (251) (490) —  (25,721)
Loss before income taxes $ (2,158) $ (52,147) $ (11,218) $ (13,730) $ (25,472) $ —  $ (104,725)

Nine months ended September 30, 2019 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 187,831  $ 217,456  $ 66,820  $ 27,091  $ 58,177  $ —  $ 557,375 
Intersegment revenues —  3,936  29,795  484  1,870  (36,085) — 
Total revenue 187,831  221,392  96,615  27,575  60,047  (36,085) 557,375 
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 140,768  157,106  81,475  29,030  59,841  —  468,220 
Intersegment cost of revenues 1  31,388  2,513  686  1,557  (36,145) — 
Total cost of revenue 140,769  188,494  83,988  29,716  61,398  (36,145) 468,220 
Selling, general and administrative 19,874  9,544  4,214  3,117  4,464  —  41,213 
Depreciation, depletion, amortization and accretion 23,490  30,244  11,423  9,866  13,489  —  88,512 
Impairment of goodwill —  —  —  —  3,194  —  3,194 
Impairment of other long-lived assets —  —  —  —  3,348  —  3,348 
Operating income (loss) 3,698  (6,890) (3,010) (15,124) (25,846) 60  (47,112)
Interest expense, net 1,024  965  145  679  659  —  3,472 
Other (income) expense, net (35,108) 5  67  (122) 214  —  (34,944)
Income (loss) before income taxes $ 37,782  $ (7,860) $ (3,222) $ (15,681) $ (26,719) $ 60  $ (15,640)

Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
As of September 30, 2020:
Total assets $ 414,164  $ 123,609  $ 176,577  $ 49,195  $ 114,158  $ (46,604) $ 831,099 
As of December 31, 2019:
Total assets $ 420,285  $ 175,259  $ 190,382  $ 61,545  $ 142,731  $ (37,817) $ 952,385