Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2015

Revenue and other financial information by reportable segment

The following table presents revenue and other financial information by reportable segment during the three months ended March 31, 2015 and 2014 (in thousands):

Three months ended	North America Contract Operations		International Contract Operations		Aftermarket Services		Fabrication		Reportable Segments Total
March 31, 2015:
Revenue from external customers	$	202,261	$	120,691	$	86,856	$	319,274	$	729,082
Gross margin(1)	119,582		76,352		20,922		52,156		269,012

March 31, 2014:
Revenue from external customers	$	156,523	$	111,040	$	88,048	$	287,397	$	643,008
Gross margin(1)	85,442		70,008		20,227		57,809		233,486

(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 March 31,
	2015			2014
Net income	$	41,085		$	34,894
Selling, general and administrative	86,686			92,578
Depreciation and amortization	95,808			85,522
Long-lived asset impairment	12,732			3,807
Restructuring charges	4,790			4,822
Interest expense	27,298			28,308
Equity in income of non-consolidated affiliates	(5,006		)	(4,693		)
Other (income) expense, net	7,841			(2,434		)
Provision for income taxes	16,491			9,409
Income from discontinued operations, net of tax	(18,713		)	(18,727		)
Gross margin	$	269,012		$	233,486