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Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Reconciliation of Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization from Segments to Consolidated
The following table presents a reconciliation of Segment Adjusted EBITDA to income from continuing operations (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Segment Adjusted EBITDA:
 
 
 
 
 
 
 
International Services
$
55,311

 
$
48,873

 
$
107,596

 
$
99,902

U.S. Services
16,684

 
44,968

 
61,577

 
86,846

Tubular Sales
7,978

 
9,311

 
11,097

 
18,685

Corporate and other
31

 

 
24

 

Adjusted EBITDA Total
80,004

 
103,152

 
180,294

 
205,433

Interest income (expense), net
(31
)
 
80

 
(23
)
 
36

Income tax expense
(10,629
)
 
(15,852
)
 
(21,891
)
 
(31,821
)
Depreciation and amortization
(27,710
)
 
(21,895
)
 
(51,711
)
 
(43,088
)
(Loss) gain on sale of assets
(687
)
 
(154
)
 
(871
)
 
87

Foreign currency gain (loss)
(2,767
)
 
65

 
(1,234
)
 

Stock-based compensation expense
(8,278
)
 
(15,347
)
 
(16,288
)
 
(20,236
)
Severance and other charges
(1,049
)
 

 
(13,022
)
 

Income from continuing operations
$
28,853

 
$
50,049

 
$
75,254

 
$
110,411

Schedule of Segment Reporting Information, by Segment
The following tables set forth certain financial information with respect to our reportable segments. Included in “Corporate and Other” are intersegment eliminations and costs associated with activities of a general nature (in thousands):
 
International
Services
 
U.S.
Services
 
Tubular Sales
 
Corporate
and Other
 
Total
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
122,640

 
$
78,418

 
$
53,246

 
$

 
$
254,304

Inter-segment revenues
229

 
6,644

 
10,544

 
(17,417
)
 

Adjusted EBITDA
55,311

 
16,684

 
7,978

 
31

 
80,004

 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
129,456

 
$
105,564

 
$
37,917

 
$

 
$
272,937

Inter-segment revenues
230

 
5,624

 
19,575

 
(25,429
)
 

Adjusted EBITDA
48,873

 
44,968

 
9,311

 

 
103,152

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
246,841

 
$
187,704

 
$
97,196

 
$

 
$
531,741

Inter-segment revenues
606

 
14,558

 
22,435

 
(37,599
)
 

Adjusted EBITDA
107,596

 
61,577

 
11,097

 
24

 
180,294

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
248,041

 
$
209,319

 
$
80,069

 
$

 
$
537,429

Inter-segment revenues
371

 
10,724

 
35,671

 
(46,766
)
 

Adjusted EBITDA
99,902

 
86,846

 
18,685

 

 
205,433