Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2013

Revenue and other financial information by reportable segment

The following tables present revenue and other financial information by reportable segment (in thousands):

Three months ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
September 30, 2013:
Revenue from external customers	$	153,046	$	117,545	$	102,157	$	403,255	$	776,003
Gross margin(1)	81,600		66,947		21,369		74,865		244,781

September 30, 2012:
Revenue from external customers	$	151,532	$	110,632	$	95,854	$	360,686	$	718,704
Gross margin(1)	76,315		64,372		20,061		49,932		210,680

Nine months ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
September 30, 2013:
Revenue from external customers	$	476,122	$	344,975	$	285,137	$	1,318,490	$	2,424,724
Gross margin(1)	261,462		198,163		60,967		206,128		726,720

September 30, 2012:
Revenue from external customers	$	450,684	$	336,046	$	287,401	$	890,549	$	1,964,680
Gross margin(1)	230,808		198,805		62,349		102,835		594,797

(1) Gross margin, a non-GAAP financial measure, is reconciled, in total, to net income (loss), its most directly comparable measure calculated and presented in accordance with U.S. GAAP, below.

Reconciliation of net income (loss) to gross margin

The following table reconciles net income (loss) to gross margin (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Net income (loss)	$	45,261		$	119,346		$	128,556		$	(40,265	)
Selling, general and administrative	93,723			85,536			269,819			274,509
Depreciation and amortization	81,305			85,248			244,702			259,268
Long-lived asset impairment	6,925			3,204			27,062			135,869
Restructuring charges	—			1,515			—			5,828
Interest expense	28,882			31,723			87,006			106,682
Equity in income of non-consolidated affiliates	(4,778		)	(4,793		)	(14,165		)	(46,860		)
Other (income) expense, net	(4,447		)	(1,450		)	(21,495		)	1,207
Provision for (benefit from) income taxes	15,421			1,267			54,421			(34,578		)
Income from discontinued operations, net of tax	(17,511		)	(110,916		)	(49,186		)	(66,863		)
Gross margin	$	244,781		$	210,680		$	726,720		$	594,797