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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Revenues Gross Profit And Operating Income By Segment | Revenues, gross profit, and operating income associated with our operating segments were as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
In thousands | 2020 |  | 2019 |  | 2020 |  | 2019
Product revenues |  |  |  |  |  |  |
Device Solutions | $ | 126,950 |  |  | $ | 214,589 |  |  | $ | 327,118 |  |  | $ | 433,158 |
Networked Solutions | 300,351 |  |  | 333,422 |  |  | 615,788 |  |  | 647,772 |
Outcomes | 11,684 |  |  | 18,036 |  |  | 24,216 |  |  | 29,967 |
Total Company | $ | 438,985 |  |  | $ | 566,047 |  |  | $ | 967,122 |  |  | $ | 1,110,897 |
Service revenues |  |  |  |  |  |  |
Device Solutions | $ | 2,215 |  |  | $ | 3,134 |  |  | $ | 4,326 |  |  | $ | 6,320 |
Networked Solutions | 24,129 |  |  | 22,494 |  |  | 49,537 |  |  | 44,571 |
Outcomes | 44,265 |  |  | 43,362 |  |  | 87,024 |  |  | 87,825 |
Total Company | $ | 70,609 |  |  | $ | 68,990 |  |  | $ | 140,887 |  |  | $ | 138,716 |
Total revenues |  |  |  |  |  |  |
Device Solutions | $ | 129,165 |  |  | $ | 217,723 |  |  | $ | 331,444 |  |  | $ | 439,478 |
Networked Solutions | 324,480 |  |  | 355,916 |  |  | 665,325 |  |  | 692,343 |
Outcomes | 55,949 |  |  | 61,398 |  |  | 111,240 |  |  | 117,792 |
Total Company | $ | 509,594 |  |  | $ | 635,037 |  |  | $ | 1,108,009 |  |  | $ | 1,249,613 |
Gross profit |  |  |  |  |  |  |
Device Solutions | $ | 11,948 |  |  | $ | 41,590 |  |  | $ | 44,315 |  |  | $ | 81,506 |
Networked Solutions | 108,323 |  |  | 126,243 |  |  | 230,073 |  |  | 253,311 |
Outcomes | 18,246 |  |  | 23,381 |  |  | 35,695 |  |  | 43,660 |
Total Company | $ | 138,517 |  |  | $ | 191,214 |  |  | $ | 310,083 |  |  | $ | 378,477 |
Operating income (loss) |  |  |  |  |  |  |
Device Solutions | $ | (1,120) |  |  | $ | 28,355 |  |  | $ | 17,078 |  |  | $ | 53,812 |
Networked Solutions | 77,382 |  |  | 98,035 |  |  | 166,062 |  |  | 193,357 |
Outcomes | 9,226 |  |  | 14,367 |  |  | 17,424 |  |  | 24,777 |
Corporate unallocated | (130,875) |  |  | (97,199) |  |  | (219,581) |  |  | (207,565) |
Total Company | (45,387) |  |  | 43,558 |  |  | (19,017) |  |  | 64,381 |
Total other income (expense) | (12,299) |  |  | (15,022) |  |  | (21,957) |  |  | (29,873) |
Income (loss) before income taxes | $ | (57,686) |  |  | $ | 28,536 |  |  | $ | (40,974) |  |  | $ | 34,508 |
Revenues By Region | Revenues by region were as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
In thousands | 2020 |  | 2019 |  | 2020 |  | 2019
United States and Canada | $ | 369,862 |  |  | $ | 417,909 |  |  | $ | 755,187 |  |  | $ | 815,475 |
Europe, Middle East, and Africa (EMEA) | 107,799 |  |  | 167,314 |  |  | 274,783 |  |  | 338,556 |
Latin America and Asia Pacific(1) | 31,933 |  |  | 49,814 |  |  | 78,039 |  |  | 95,582 |
Total Company | $ | 509,594 |  |  | $ | 635,037 |  |  | $ | 1,108,009 |  |  | $ | 1,249,613 |
(1) On June 25, 2020, Itron closed on the sale of its Latin American operations. We will continue to sell into the region through an exclusive distributor. Depreciation expense is allocated to the operating segments based upon each segment's use of the assets. All amortization expense is recognized within Corporate unallocated.
Depreciation And Amortization Expense Associated With Segments | Depreciation and amortization of intangible assets expense associated with our operating segments was as follows:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
In thousands | 2020 |  | 2019 |  | 2020 |  | 2019
Device Solutions | $ | 6,062 |  |  | $ | 6,346 |  |  | $ | 12,497 |  |  | $ | 12,782 |
Networked Solutions | 4,333 |  |  | 3,205 |  |  | 8,070 |  |  | 6,453 |
Outcomes | 1,412 |  |  | 1,285 |  |  | 2,805 |  |  | 2,587 |
Corporate unallocated | 12,392 |  |  | 17,805 |  |  | 24,858 |  |  | 35,246 |
Total Company | $ | 24,199 |  |  | $ | 28,641 |  |  | $ | 48,230 |  |  | $ | 57,068 |

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