Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

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 (loss) from continuing operations (in thousands):



	Year Ended December 31,
	2016			2015			2014
Segment Adjusted EBITDA:
International Services	$	33,264		$	182,475		$	231,469
U.S. Services	(11,490		)	95,516			181,712
Tubular Sales	1,741			40,999			38,366
Blackhawk	1,038			—			—
Total	24,553			318,990			451,547
Corporate and other	478			96			(34		)
Interest income (expense), net	2,073			341			87
Income tax (expense) benefit	25,643			(37,319		)	(75,412		)
Depreciation and amortization	(114,215		)	(108,962		)	(90,041		)
Gain (loss) on sale of assets	(1,117		)	1,038			(289		)
Foreign currency loss	(10,819		)	(6,358		)	(17,041		)
Charges and credits ⁽¹⁾	(82,675		)	(61,716		)	(39,505		)
Net income (loss)	$	(156,079	)	$	106,110		$	229,312

(1) Comprised of Equity-based compensation expense (2016: $15,978; 2015: $26,318; 2014: $38,368), Merger and acquisition costs (2016: $13,784; 2015: none; 2014: none), Severance and other charges (2016: $46,406; 2015: $35,484; 2014: none), Changes in value of contingent consideration (2016: none; 2015: $(1,532); 2014: none), Unrealized and realized (gains) losses (2016: $110; 2015: none; 2014: none) and FCPA matters (2016: $6,397; 2015: $1,446; 2014: $1,137).

Schedule of Segment Reporting Information, by Segment

The following table sets 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		Blackhawk		Corporate and Other			Total

Year Ended December 31, 2016
Revenue from external customers	$	237,207	$	152,827		$	87,515	$	9,982	$	—		$	487,531
Inter-segment revenues	68		19,590			19,456		—		(39,114		)	—
Adjusted EBITDA	33,264		(11,490		)	1,741		1,038		478			*
Depreciation and amortization	59,435		47,438			4,087		3,255		—			114,215
Property, plant and equipment	247,913		201,772			73,316		44,023		—			567,024
Capital expenditures	23,461		18,112			540		14		—			42,127

Year Ended December 31, 2015
Revenue from external customers	$	442,107	$	326,437		$	206,056	$	—	$	—		$	974,600
Inter-segment revenues	754		25,844			35,927		—		(62,525		)	—
Adjusted EBITDA	182,475		95,516			40,999		—		96			*
Depreciation and amortization	58,163		46,548			4,251		—		—			108,962
Property, plant and equipment	288,089		248,153			88,717		—		—			624,959
Capital expenditures	42,772		28,881			28,070		—		—			99,723

Year Ended December 31, 2014
Revenue from external customers	$	537,259	$	439,638		$	175,735	$	—	$	—		$	1,152,632
Inter-segment revenues	1,471		23,734			64,542		—		(89,747		)	—
Adjusted EBITDA	231,469		181,712			38,366		—		(34		)	*
Depreciation and amortization	52,363		34,314			3,364		—		—			90,041
Property, plant and equipment	314,031		149,485			116,626		—		—			580,142
Capital expenditures	100,483		30,215			42,254		—		—			172,952

* Non-GAAP financial measure not disclosed.

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

Geographic Areas



	Year Ended December 31,
	2016		2015		2014
Revenue:
United States	$	247,864	$	530,133	$	573,773
Europe/Middle East/Africa	160,651		314,173		385,064
Latin America	35,390		56,515		55,021
Asia Pacific	30,325		55,995		77,952
Other countries	13,301		17,784		60,822
	$	487,531	$	974,600	$	1,152,632

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country



	December 31,
	2016		2015
Long-Lived Assets (PP&E)
United States	$	319,111	$	336,870
International	247,913		288,089
	$	567,024	$	624,959