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Reportable Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
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, 2015 and 2014 (in thousands):
 
Three Months Ended
North
America
Contract
Operations
 
International
Contract
Operations
 
Aftermarket
Services
 
Fabrication
 
Reportable
Segments
Total
September 30, 2015:
 

 
 

 
 

 
 

 
 

Revenue from external customers
$
191,692

 
$
114,104

 
$
82,443

 
$
261,262

 
$
649,501

Gross margin(1)
113,765

 
72,990

 
18,670

 
34,337

 
239,762

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

 
Nine Months Ended
North
America
Contract
Operations
 
International
Contract
Operations
 
Aftermarket
Services
 
Fabrication
 
Reportable
Segments
Total
September 30, 2015:
 

 
 

 
 

 
 

 
 

Revenue from external customers
$
592,212

 
$
350,045

 
$
260,133

 
$
860,025

 
$
2,062,415

Gross margin(1)
350,385

 
219,847

 
60,255

 
125,128

 
755,615

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

________________________________
(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 (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,
 
2015
 
2014
 
2015
 
2014
Net income (loss)
$
(4,233
)
 
$
42,158

 
$
44,641

 
$
97,915

Selling, general and administrative
82,124

 
94,806

 
252,684

 
283,096

Depreciation and amortization
94,924

 
98,256

 
285,057

 
295,734

Long-lived asset impairment
23,708

 
12,385

 
51,860

 
26,039

Restructuring and other charges
11,998

 
219

 
36,392

 
5,394

Interest expense
28,577

 
25,737

 
84,273

 
86,767

Equity in income of non-consolidated affiliates
(5,084
)
 
(4,951
)
 
(15,152
)
 
(14,553
)
Other (income) expense, net
30,129

 
4,663

 
38,975

 
(1,442
)
Provision for (benefit from) income taxes
(3,605
)
 
11,215

 
14,628

 
31,494

Income from discontinued operations, net of tax
(18,776
)
 
(18,003
)
 
(37,743
)
 
(54,499
)
Gross margin
$
239,762

 
$
266,485

 
$
755,615

 
$
755,945