Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2014

Revenue and other financial information by reportable segment

The following tables present revenue and other financial information by reportable segment during the three and nine months ended September 30, 2014 and 2013 (in thousands):

Three Months Ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
September 30, 2014:
Revenue from external customers	$	191,000	$	124,355	$	96,005	$	312,472	$	723,832
Gross margin(1)	108,547		76,372		20,495		61,071		266,485

September 30, 2013:
Revenue from external customers	$	152,627	$	117,545	$	102,157	$	403,255	$	775,584
Gross margin(1)	81,750		66,947		21,369		74,865		244,931

Nine Months Ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
September 30, 2014:
Revenue from external customers	$	529,463	$	369,787	$	284,412	$	922,448	$	2,106,110
Gross margin(1)	298,415		234,270		61,784		161,476		755,945

September 30, 2013:
Revenue from external customers	$	472,784	$	344,975	$	285,137	$	1,318,490	$	2,421,386
Gross margin(1)	260,284		198,163		60,967		206,128		725,542

(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 GAAP, below.

Reconciliation of net income to gross margin

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Net income	$	42,158		$	45,261		$	97,915		$	128,556
Selling, general and administrative	94,806			93,581			283,096			269,460
Depreciation and amortization	98,256			81,305			295,734			244,702
Long-lived asset impairment	12,385			4,571			26,039			24,708
Restructuring charges	219			—			5,394			—
Interest expense	25,737			28,882			86,767			87,006
Equity in income of non-consolidated affiliates	(4,951		)	(4,778		)	(14,553		)	(14,165		)
Other (income) expense, net	4,663			(5,479		)	(1,442		)	(22,510		)
Provision for income taxes	11,215			16,709			31,494			55,316
Income from discontinued operations, net of tax	(18,003		)	(15,121		)	(54,499		)	(47,531		)
Gross margin	$	266,485		$	244,931		$	755,945		$	725,542