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SEGMENT AND GEOGRAPHICAL REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of Financial Information Related to Company's Segments | The following table sets out financial information related to the Company’s segments (in thousands):
Years Ended December 31, | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total
2020 (Restated) |  |  |  |  |  |  |
Product sales (recognized at a point in time) | $ | 595,314 |  |  | $ | — |  |  | $ | 138,653 |  |  | $ | 733,967 |
Inventory management services (recognized over contract life) | — |  |  | — |  |  | 16,005 |  |  | 16,005 |
Staffing services (day-rate basis) | 67,303 |  |  | — |  |  | — |  |  | 67,303 |
Customized pump production (recognized over time) | — |  |  | $ | 187,991 |  |  | — |  |  | 187,991 |
Total Revenue | $ | 662,617 |  |  | $ | 187,991 |  |  | $ | 154,658 |  |  | $ | 1,005,266 |
Operating income for reportable segments, excluding adjustments | 71,834 |  |  | 16,882 |  |  | 12,804 |  |  | 101,520 |
Identifiable assets at year end | 564,921 |  |  | 130,505 |  |  | 56,721 |  |  | 752,147 |
Capital expenditures | 1,254 |  |  | 4,457 |  |  | — |  |  | 5,711 |
Proceeds from sale of fixed assets | — |  |  | — |  |  | — |  |  | — |
Depreciation | 3,299 |  |  | 4,441 |  |  | 387 |  |  | 8,127 |
Amortization | 6,989 |  |  | 5,298 |  |  | — |  |  | 12,287 |
Interest expense | $ | 11,506 |  |  | $ | 7,360 |  |  | $ | 1,705 |  |  | $ | 20,571 |
Years Ended December 31, | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total
2019 (Restated) |  |  |  |  |  |  |
Product sales (recognized at a point in time) | $ | 701,404 |  |  | $ | — |  |  | $ | 184,767 |  |  | $ | 886,171 |
Inventory management services (recognized over contract life) | — |  |  | — |  |  | 16,511 |  |  | 16,511 |
Staffing services (day-rate basis) | 58,514 |  |  | — |  |  | — |  |  | 58,514 |
Customized pump production (recognized over time) | — |  |  | 303,655 |  |  | — |  |  | 303,655 |
Total Revenue | $ | 759,918 |  |  | $ | 303,655 |  |  | $ | 201,278 |  |  | $ | 1,264,851 |
Operating income for reportable segments, excluding adjustments | 85,442 |  |  | 30,699 |  |  | 15,267 |  |  | 131,408 |
Identifiable assets at year end | 463,531 |  |  | 212,015 |  |  | 56,714 |  |  | 732,260 |
Capital expenditures | 2,333 |  |  | 9,347 |  |  | 922 |  |  | 12,602 |
Proceeds from sale of fixed assets | 35 |  |  | — |  |  | — |  |  | 35 |
Depreciation | 3,517 |  |  | 4,602 |  |  | 285 |  |  | 8,404 |
Amortization | 8,230 |  |  | 5,855 |  |  | 989 |  |  | 15,074 |
Interest expense | $ | 10,786 |  |  | $ | 6,747 |  |  | $ | 1,965 |  |  | $ | 19,498 |
Years Ended December 31, | Service Centers |  | Innovative Pumping Solutions |  | Supply Chain Services |  | Total
2018 (Restated) |  |  |  |  |  |  |
Product sales (recognized at a point in time) | $ | 687,821 |  |  | $ | — |  |  | $ | 160,770 |  |  | $ | 848,591 |
Inventory management services (recognized over contract life) | — |  |  | — |  |  | 13,686 |  |  | 13,686 |
Staffing services (day-rate basis) | 64,735 |  |  | — |  |  | — |  |  | 64,735 |
Customized pump production (recognized over time) | — |  |  | 291,697 |  |  | — |  |  | 291,697 |
Total Revenue | $ | 752,556 |  |  | $ | 291,697 |  |  | $ | 174,456 |  |  | $ | 1,218,709 |
Operating income for reportable segments, excluding adjustments | 82,650 |  |  | 34,977 |  |  | 16,874 |  |  | 134,501 |
Identifiable assets at year end | 404,026 |  |  | 188,765 |  |  | 53,517 |  |  | 646,308 |
Capital expenditures | 1,655 |  |  | 6,800 |  |  | 296 |  |  | 8,751 |
Depreciation | 3,974 |  |  | 4,064 |  |  | 49 |  |  | 8,087 |
Amortization | 9,272 |  |  | 6,237 |  |  | 1,077 |  |  | 16,586 |
Interest expense | 11,178 |  |  | 7,351 |  |  | 2,408 |  |  | 20,937 |
Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes |
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
| (Restated) |  | (Restated) |  | (Restated)
Operating income for reportable segments, excluding adjustments | $ | 101,520 |  |  | $ | 131,408 |  |  | $ | 134,501 |
Adjustments for: |  |  |  |  |
Amortization of intangibles | 12,287 |  |  | 15,074 |  |  | 16,586 |
Impairment and other charges | 59,883 |  |  | — |  |  | — |
Corporate and other expense, net | 57,018 |  |  | 48,922 |  |  | 45,829 |
Total operating income | $ | (27,668) |  |  | $ | 67,412 |  |  | $ | 72,086 |
Interest expense | 20,571 |  |  | 19,498 |  |  | 20,937 |
Other expenses (income), net | 74 |  |  | (45) |  |  | (1,192) |
Income before income taxes | $ | (48,313) |  |  | $ | 47,959 |  |  | $ | 52,341 |
Schedule of Revenues by Geographical Location | The Company’s revenues and property and equipment by geographical location are as follows (in millions):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Revenues |  |  |  |  |
United States | $ | 931 |  |  | $ | 1,163 |  |  | $ | 1,113 |
Canada | 74 |  |  | 102 |  |  | 106 |
Other(1) | — |  |  | — |  |  | — |
Total | $ | 1,005 |  |  | $ | 1,265 |  |  | $ | 1,219 |
(1) Other includes Mexico and Dubai.
Schedule of Property, Plant and Equipment by Geographical Location |
| As of December 31,
| 2020 |  | 2019
Property and Equipment, net |  |  |
United States | $ | 52 |  |  | $ | 56 |
Canada | 5 |  |  | 8 |
Other(1) | — |  |  | — |
Total | $ | 57 |  |  | $ | 64 |
(1) Other includes Dubai.

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