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REPORTABLE SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2012

Sales and other financial information by reportable segment

Three months ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
June 30, 2012:
Revenue from external customers	$	148,564	$	112,628	$	101,902	$	267,641	$	630,735
Gross margin(1)	78,141		65,536		24,374		26,284		194,335

June 30, 2011:
Revenue from external customers	$	146,581	$	110,944	$	84,812	$	301,731	$	644,068
Gross margin(1)	72,675		61,178		7,165		32,379		173,397

Six months ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
June 30, 2012:
Revenue from external customers	$	299,152	$	225,414	$	191,547	$	529,863	$	1,245,976
Gross margin(1)	154,493		134,433		42,288		52,903		384,117

June 30, 2011:
Revenue from external customers	$	293,434	$	216,625	$	159,160	$	581,777	$	1,250,996
Gross margin(1)	141,240		125,893		16,851		73,134		357,118

(1) Gross margin, a non-GAAP financial measure, is reconciled to net loss below.

Reconciliation of net loss to gross margin

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Net loss	$	(166,898	)	$	(30,224	)	$	(159,611	)	$	(60,688	)
Selling, general and administrative	94,134			90,450			188,973			179,875
Depreciation and amortization	88,909			90,412			174,020			178,611
Long-lived asset impairment	128,543			2,063			132,665			2,063
Restructuring charges	1,266			—			4,313			—
Interest expense	36,968			34,586			74,959			71,756
Equity in income of non-consolidated affiliates	(4,728		)	—			(42,067		)	—
Other (income) expense, net	8,752			(2,853		)	2,657			(2,930		)
Benefit from income taxes	(35,502		)	(14,113		)	(35,845		)	(17,580		)
Loss from discontinued operations, net of tax	42,891			3,076			44,053			6,011
Gross margin	$	194,335		$	173,397		$	384,117		$	357,118

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details