Quarterly report pursuant to Section 13 or 15(d)

Reporting Segments (Tables)

v3.20.1
Reporting Segments (Tables)
 3 Months Ended
Mar. 31, 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 March 31, 2020 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 25,705    $ 42,686    $ 10,154    $ 4,723    $ 14,115    $ —    $ 97,383   
Intersegment revenues —    936    95    55    775    (1,861)   —   
Total revenue 25,705    43,622    10,249    4,778    14,890    (1,861)   97,383   
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 26,946    26,208    10,657    5,635    12,460    —    81,906   
Intersegment cost of revenues 8    627    302    130    794    (1,861)   —   
Total cost of revenue 26,954    26,835    10,959    5,765    13,254    (1,861)   81,906   
Selling, general and administrative 4,297    2,222    1,251    1,063    1,938    —    10,771   
Depreciation, depletion, amortization and accretion 7,934    8,492    2,312    2,877    4,267    —    25,882   
Impairment of goodwill —    53,406    —    —    1,567    —    54,973   
Impairment of other long-lived assets —    4,203    —    326    8,368    —    12,897   
Operating loss (13,480)   (51,536)   (4,273)   (5,253)   (14,504)   —    (89,046)  
Interest expense, net 757    293    61    268    259    —    1,638   
Other (income) expense, net (7,276)   (109)   (37)   27    (14)   —    (7,409)  
Loss before income taxes $ (6,961)   $ (51,720)   $ (4,297)   $ (5,548)   $ (14,749)   $ —    $ (83,275)  
Three months ended March 31, 2019 Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
Revenue from external customers $ 108,721    $ 90,595    $ 24,964    $ 13,576    $ 24,282    $ —    $ 262,138   
Intersegment revenues —    1,544    12,897    219    766    (15,426)   —   
Total revenue 108,721    92,139    37,861    13,795    25,048    (15,426)   262,138   
Cost of revenue, exclusive of depreciation, depletion, amortization and accretion 58,965    64,211    30,252    12,652    22,990    —    189,070   
Intersegment cost of revenues —    13,537    1,047    272    552    (15,408)   —   
Total cost of revenue 58,965    77,748    31,299    12,924    23,542    (15,408)   189,070   
Selling, general and administrative 9,517    3,213    1,519    1,363    1,724    —    17,336   
Depreciation, depletion, amortization and accretion 7,719    9,893    2,873    3,578    4,513    —    28,576   
Operating income (loss) 32,520    1,285    2,170    (4,070)   (4,731)   (18)   27,156   
Interest expense, net 39    198    30    127    129    —    523   
Other (income) expense, net (24,824)   (1)   —    (22)   290    —    (24,557)  
Income (loss) before income taxes $ 57,305    $ 1,088    $ 2,140    $ (4,175)   $ (5,150)   $ (18)   $ 51,190   

Infrastructure Pressure Pumping Sand Drilling All Other Eliminations Total
As of March 31, 2020:
Total assets $ 411,768    $ 124,693    $ 185,782    $ 58,357    $ 132,730    $ (39,319)   $ 874,011   
As of December 31, 2019:
Total assets $ 420,285    $ 175,259    $ 190,382    $ 61,545    $ 142,731    $ (37,817)   $ 952,385