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Segments

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

28. Segments

We manage our business segments primarily based on the type of product or service provided. We have two segments which we operate within the U.S.: contract operations and aftermarket services. The contract operations segment primarily provides natural gas compression services to meet specific customer requirements. The aftermarket services segment provides a full range of services to support the compression needs of customers, from parts sales and normal maintenance services to full operation of a customer’s owned assets. We evaluate the performance of our segments based on gross margin for each segment. Revenue includes only sales to external customers.

No single customer accounted for 10% or more of our revenue during the years ended December 31, 2020 and 2019. During the year ended December 31, 2018, Williams Partners accounted for 11% of our contract operations and aftermarket services revenue.

The following table presents revenue, gross margin and capital expenditures by segment during the years ended December 31, 2020, 2019 and 2018 (in thousands):


		Contract			Aftermarket			Segments
		Operations			Services			Total			Other ⁽¹⁾			Total
2020
Revenue		$	738,918		$	136,052		$	874,970		$	—		$	874,970
Gross margin			477,831			19,946			497,777			—			497,777
Capital expenditures			133,492			5,308			138,800			1,502			140,302

2019
Revenue		$	771,539		$	193,946		$	965,485		$	—		$	965,485
Gross margin			474,279			34,968			509,247			—			509,247
Capital expenditures			374,650			8,714			383,364			1,834			385,198

2018
Revenue		$	672,536		$	231,905		$	904,441		$	—		$	904,441
Gross margin			399,523			40,551			440,074			—			440,074
Capital expenditures			307,048			6,111			313,159			5,943			319,102

(1)	Corporate-related items.

The following table presents assets by segment reconciled to total assets per the consolidated balance sheets (in thousands):


		December 31,
		2020			2019
Contract operations		$	2,593,864		$	2,915,724
Aftermarket services			45,985			67,832
Segment assets			2,639,849			2,983,556
Other assets ⁽¹⁾			128,837			113,518
Assets associated with discontinued operations			11,036			12,901
Total assets		$	2,779,722		$	3,109,975

(1)	Corporate-related items.

The following table reconciles total gross margin to income (loss) before income taxes (in thousands):


		Year Ended December 31,
		2020			2019			2018
Total gross margin		$	497,777		$	509,247		$	440,074
Less:
Selling, general and administrative			105,100			117,727			101,563
Depreciation and amortization			193,138			188,084			174,946
Long-lived and other asset impairment			79,556			44,663			28,127
Goodwill impairment			99,830			—			—
Restatement and other charges			—			445			19
Restructuring charges			8,450			—			—
Interest expense			105,716			104,681			93,328
Debt extinguishment loss			3,971			3,653			2,450
Transaction-related costs			—			8,213			10,162
Gain on sale of assets, net			(10,643)			(16,016)			(5,674)
Other income, net			(1,359)			(661)			(157)
Income (loss) before income taxes		$	(85,982)		$	58,458		$	35,310

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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