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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2017
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 net income (loss) (in thousands):
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Segment Adjusted EBITDA: |  |  |  |  |
International Services | $ | 30,801 |  |  | $ | 33,264 |  |  | $ | 182,475 |
U.S. Services (1) | (39,357 | ) |  | (11,012 | ) |  | 95,612 |
Tubular Sales | 3,181 |  |  | 1,741 |  |  | 40,999 |
Blackhawk | 11,090 |  |  | 1,038 |  |  | — |
Total | 5,715 |  |  | 25,031 |  |  | 319,086 |
Interest income, net | 2,309 |  |  | 2,073 |  |  | 341 |
Income tax (expense) benefit | (72,918 | ) |  | 25,643 |  |  | (37,319 | )
Depreciation and amortization | (122,102 | ) |  | (114,215 | ) |  | (108,962 | )
Gain (loss) on disposal of assets | 2,045 |  |  | (1,117 | ) |  | 1,038 |
Foreign currency gain (loss) | 2,075 |  |  | (10,819 | ) |  | (6,358 | )
Derecognition of the TRA liability (2) | 122,515 |  |  | — |  |  | — |
Charges and credits (3) | (99,096 | ) |  | (82,675 | ) |  | (61,716 | )
Net income (loss) | $ | (159,457 | ) |  | $ | (156,079 | ) |  | $ | 106,110 |
(1) | Amounts previously reported as Corporate and other of $478 and $96 for 2016 and 2015, respectively, have been reclassified to U.S. Services to conform to the current presentation.
(2) | Please see Note 13 - Related Party Transactions for further discussion.
(3) | Comprised of Equity-based compensation expense (2017: $13,862; 2016: $15,978; 2015: $26,318), Mergers and acquisition expense (2017: $459; 2016: $13,784; 2015: none), Severance and other charges (2017: $75,354; 2016: $46,406; 2015: $35,484), Changes in value of contingent consideration (2017: none; 2016: none; 2015: $(1,532)), Unrealized and realized losses (2017: $2,791; 2016: $110; 2015: none), Investigation-related matters (2017: $6,143; 2016: $6,397; 2015: $1,446) and Other adjustments (2017: $487; 2016: none; 2015: none).
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 (in thousands):
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Eliminations |  | Total
Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 206,746 |  |  | $ | 118,815 |  |  | $ | 58,210 |  |  | $ | 71,024 |  |  | $ | — |  |  | $ | 454,795 |
Inter-segment revenues | 23 |  |  | 17,071 |  |  | 14,132 |  |  | 129 |  |  | (31,355 | ) |  | — |
Operating income (loss) | (44,199 | ) |  | (101,602 | ) |  | (51,397 | ) |  | (17,544 | ) |  | — |  |  | (214,742 | )
Adjusted EBITDA | 30,801 |  |  | (39,357 | ) |  | 3,181 |  |  | 11,090 |  |  | — |  |  | *
Depreciation and amortization | 54,873 |  |  | 38,151 |  |  | 3,697 |  |  | 25,381 |  |  | — |  |  | 122,102 |
Property, plant and equipment | 197,305 |  |  | 173,501 |  |  | 66,153 |  |  | 32,687 |  |  | — |  |  | 469,646 |
Capital expenditures | 7,042 |  |  | 9,618 |  |  | 268 |  |  | 4,977 |  |  | — |  |  | 21,905 |
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 | ) |  | — |
Operating income (loss) | (41,668 | ) |  | (116,603 | ) |  | (2,884 | ) |  | (2,207 | ) |  | — |  |  | (163,362 | )
Adjusted EBITDA (1) | 33,264 |  |  | (11,012 | ) |  | 1,741 |  |  | 1,038 |  |  | — |  |  | *
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 | ) |  | — |
Operating income (loss) | 118,235 |  |  | (10,783 | ) |  | 36,203 |  |  | — |  |  | — |  |  | 143,655 |
Adjusted EBITDA (1) | 182,475 |  |  | 95,612 |  |  | 40,999 |  |  | — |  |  | — |  |  | *
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 |
(1) | Amounts previously reported as Corporate and other of $478 and $96 for 2016 and 2015, respectively, have been reclassified to U.S. Services to conform to the current presentation.
* Non-GAAP financial measure not disclosed.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area |
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Revenue: |  |  |  |  |
United States | $ | 244,684 |  |  | $ | 247,864 |  |  | $ | 530,133 |
Europe/Middle East/Africa | 138,304 |  |  | 160,651 |  |  | 314,173 |
Latin America | 33,131 |  |  | 35,390 |  |  | 56,515 |
Asia Pacific | 20,573 |  |  | 30,325 |  |  | 55,995 |
Other countries | 18,103 |  |  | 13,301 |  |  | 17,784 |
| $ | 454,795 |  |  | $ | 487,531 |  |  | $ | 974,600 |
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country |
| December 31,
| 2017 |  | 2016
Long-Lived Assets (PP&E) |  |  |
United States | $ | 272,342 |  |  | $ | 319,111 |
International | 197,304 |  |  | 247,913 |
| $ | 469,646 |  |  | $ | 567,024 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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