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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Disaggregation of Revenue | The following tables presents our revenues disaggregated by geography based on the location where our services were provided and products sold (in thousands):
| Three Months Ended June 30, 2018
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Consolidated
United States | $ | — |  |  | $ | 35,136 |  |  | $ | 14,001 |  |  | $ | 18,418 |  |  | $ | 67,555 |
International | 59,361 |  |  | — |  |  | 60 |  |  | 5,109 |  |  | 64,530 |
Total Revenues | $ | 59,361 |  |  | $ | 35,136 |  |  | $ | 14,061 |  |  | $ | 23,527 |  |  | $ | 132,085 |
| Three Months Ended June 30, 2017
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Consolidated
United States | $ | — |  |  | $ | 29,905 |  |  | $ | 15,775 |  |  | $ | 17,791 |  |  | $ | 63,471 |
International | 53,499 |  |  | — |  |  | 366 |  |  | 323 |  |  | 54,188 |
Total Revenues | $ | 53,499 |  |  | $ | 29,905 |  |  | $ | 16,141 |  |  | $ | 18,114 |  |  | $ | 117,659 |
| Six Months Ended June 30, 2018
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Consolidated
United States | $ | — |  |  | $ | 67,743 |  |  | $ | 29,105 |  |  | $ | 35,472 |  |  | $ | 132,320 |
International | 108,094 |  |  | — |  |  | 176 |  |  | 7,064 |  |  | 115,334 |
Total Revenues | $ | 108,094 |  |  | $ | 67,743 |  |  | $ | 29,281 |  |  | $ | 42,536 |  |  | $ | 247,654 |
| Six Months Ended June 30, 2017
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Consolidated
United States | $ | — |  |  | $ | 60,871 |  |  | $ | 32,334 |  |  | $ | 33,942 |  |  | $ | 127,147 |
International | 100,109 |  |  | — |  |  | 752 |  |  | 382 |  |  | 101,243 |
Total Revenues | $ | 100,109 |  |  | $ | 60,871 |  |  | $ | 33,086 |  |  | $ | 34,324 |  |  | $ | 228,390 |
Revenue by geographic area was as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
United States | $ | 67,555 |  |  | $ | 63,471 |  |  | $ | 132,320 |  |  | $ | 127,147 |
Europe/Middle East/Africa | 34,447 |  |  | 36,719 |  |  | 64,693 |  |  | 65,205 |
Latin America | 12,983 |  |  | 9,128 |  |  | 20,457 |  |  | 19,060 |
Asia Pacific | 7,669 |  |  | 4,926 |  |  | 13,663 |  |  | 9,489 |
Other countries | 9,431 |  |  | 3,415 |  |  | 16,521 |  |  | 7,489 |
Total Revenues | $ | 132,085 |  |  | $ | 117,659 |  |  | $ | 247,654 |  |  | $ | 228,390 |
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 loss (in thousands):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Segment Adjusted EBITDA: |  |  |  |  |  |  |
International Services | $ | 13,458 |  |  | $ | 9,022 |  |  | $ | 16,046 |  |  | $ | 14,308 |
U.S. Services (1) | (6,379 | ) |  | (9,238 | ) |  | (15,680 | ) |  | (16,453 | )
Tubular Sales | 170 |  |  | 815 |  |  | 2,358 |  |  | 3,069 |
Blackhawk | 3,704 |  |  | 2,965 |  |  | 6,070 |  |  | 4,176 |
| 10,953 |  |  | 3,564 |  |  | 8,794 |  |  | 5,100 |
Interest income, net | 609 |  |  | 753 |  |  | 1,553 |  |  | 1,151 |
Depreciation and amortization | (28,862 | ) |  | (30,951 | ) |  | (57,162 | ) |  | (62,050 | )
Income tax (expense) benefit | 815 |  |  | 6,076 |  |  | (5,560 | ) |  | 15,194 |
Gain (loss) on disposal of assets | (217 | ) |  | (210 | ) |  | (452 | ) |  | 1,262 |
Foreign currency gain (loss) | (4,267 | ) |  | 599 |  |  | (2,563 | ) |  | 1,345 |
TRA related adjustments | (1,171 | ) |  | — |  |  | (4,112 | ) |  | — |
Charges and credits (2) | (3,623 | ) |  | (5,781 | ) |  | (8,334 | ) |  | (14,615 | )
Net loss | $ | (25,763 | ) |  | $ | (25,950 | ) |  | $ | (67,836 | ) |  | $ | (52,613 | )
(1) | Includes all corporate general and administrative expenses.
(2) | Comprised of Equity-based compensation expense (for the three months ended June 30, 2018 and 2017: $2,888 and $3,415, respectively, and for the six months ended June 30, 2018 and 2017: $5,168 and $9,116, respectively), Mergers and acquisition expense (for the three months ended June 30, 2018 and 2017: none and $10, respectively, and for the six months ended June 30, 2018 and 2017: $58 and $459, respectively), Severance and other charges (for the three months ended June 30, 2018 and 2017: $1,115 and $(299), respectively, and for the six months ended June 30, 2018 and 2017: $2,369 and $738, respectively), Unrealized and realized gains (losses) (for the three months ended June 30, 2018 and 2017: $1,561 and $(1,088), respectively, and for the six months ended June 30, 2018 and 2017: $1,161 and $(1,696), respectively) and Investigation-related matters (for the three months ended June 30, 2018 and 2017: $1,181 and $1,567, respectively, and for the six months ended June 30, 2018 and 2017: $1,900 and $2,606, respectively).
Schedule of Financial Information, by Reportable Segments | The following tables set forth certain financial information with respect to our reportable segments (in thousands):
| International Services |  | U.S. Services |  | Tubular Sales |  | Blackhawk |  | Eliminations |  | Total
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 59,361 |  |  | $ | 35,136 |  |  | $ | 14,061 |  |  | $ | 23,527 |  |  | $ | — |  |  | $ | 132,085 |
Inter-segment revenue | (56 | ) |  | 4,639 |  |  | 96 |  |  | 344 |  |  | (5,023 | ) |  | — |
Operating income (loss) | (2,052 | ) |  | (19,920 | ) |  | (829 | ) |  | (981 | ) |  | — |  |  | (23,782 | )
Adjusted EBITDA | 13,458 |  |  | (6,379 | ) |  | 170 |  |  | 3,704 |  |  | — |  |  | *
Three Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 53,499 |  |  | $ | 29,905 |  |  | $ | 16,141 |  |  | $ | 18,114 |  |  | $ | — |  |  | $ | 117,659 |
Inter-segment revenue | 12 |  |  | 4,543 |  |  | 3,564 |  |  | 72 |  |  | (8,191 | ) |  | — |
Operating income (loss) | (6,980 | ) |  | (24,292 | ) |  | 805 |  |  | (3,499 | ) |  | — |  |  | (33,966 | )
Adjusted EBITDA | 9,022 |  |  | (9,238 | ) |  | 815 |  |  | 2,965 |  |  | — |  |  | *
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 108,094 |  |  | $ | 67,743 |  |  | $ | 29,281 |  |  | $ | 42,536 |  |  | $ | — |  |  | $ | 247,654 |
Inter-segment revenue | (79 | ) |  | 8,855 |  |  | 193 |  |  | 554 |  |  | (9,523 | ) |  | — |
Operating income (loss) | (13,773 | ) |  | (41,900 | ) |  | 436 |  |  | (3,452 | ) |  | — |  |  | (58,689 | )
Adjusted EBITDA | 16,046 |  |  | (15,680 | ) |  | 2,358 |  |  | 6,070 |  |  | — |  |  | *
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 100,109 |  |  | $ | 60,871 |  |  | $ | 33,086 |  |  | $ | 34,324 |  |  | $ | — |  |  | $ | 228,390 |
Inter-segment revenue | 15 |  |  | 8,828 |  |  | 7,239 |  |  | 72 |  |  | (16,154 | ) |  | — |
Operating income (loss) | (16,493 | ) |  | (47,639 | ) |  | 3,185 |  |  | (9,629 | ) |  | — |  |  | (70,576 | )
Adjusted EBITDA | 14,308 |  |  | (16,453 | ) |  | 3,069 |  |  | 4,176 |  |  | — |  |  | *
* Non-GAAP financial measure not disclosed.

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