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Segment Information (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Segment Adjusted EBITDA:
 
 
 
 
 
 
 
International Services
$
39,157

 
$
65,359

 
$
146,752

 
$
165,260

U.S. Services
18,190

 
45,796

 
79,767

 
132,643

Tubular Sales
15,985

 
9,343

 
27,082

 
28,028

Corporate and other
12

 
6

 
37

 
6

Adjusted EBITDA Total
73,344

 
120,504

 
253,638

 
325,937

Interest income (expense), net
173

 
(13
)
 
150

 
23

Income tax expense
(10,771
)
 
(19,777
)
 
(32,662
)
 
(51,598
)
Depreciation and amortization
(29,032
)
 
(23,254
)
 
(80,743
)
 
(66,342
)
(Loss) gain on sale of assets
1,392

 
(280
)
 
521

 
(193
)
Foreign currency gain (loss)
(5,329
)
 
(526
)
 
(6,563
)
 
(526
)
Stock-based compensation expense
(6,035
)
 
(9,214
)
 
(22,323
)
 
(29,450
)
Severance and other charges
(1,186
)
 

 
(14,208
)
 

Change in value of contingent consideration
1,532

 

 
1,532

 

Income from continuing operations
$
24,088

 
$
67,440

 
$
99,342

 
$
177,851

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 September 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
103,076

 
$
74,417

 
$
62,390

 
$

 
$
239,883

Inter-segment revenues
102

 
5,654

 
7,188

 
(12,944
)
 

Adjusted EBITDA
39,157

 
18,190

 
15,985

 
12

 
73,344

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
143,330

 
$
112,149

 
$
40,704

 
$

 
$
296,183

Inter-segment revenues
501

 
6,209

 
15,097

 
(21,807
)
 

Adjusted EBITDA
65,359

 
45,796

 
9,343

 
6

 
120,504

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
349,918

 
$
262,120

 
$
159,586

 
$

 
$
771,624

Inter-segment revenues
709

 
20,211

 
29,622

 
(50,542
)
 

Adjusted EBITDA
146,752

 
79,767

 
27,082

 
37

 
253,638

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenue from external customers
$
391,371

 
$
321,468

 
$
120,773

 
$

 
$
833,612

Inter-segment revenues
873

 
16,933

 
50,767

 
(68,573
)
 

Adjusted EBITDA
165,260

 
132,643

 
28,028

 
6

 
325,937