Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

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.