Segment Information (Tables)

9 Months Ended

Sep. 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 September 30, 2018
	International Services		U.S. Services		Tubular Sales		Blackhawk		Consolidated
United States	$	—	$	38,292	$	12,835	$	19,096	$	70,223
International	53,891		—		36		4,836		58,763
Total Revenues	$	53,891	$	38,292	$	12,871	$	23,932	$	128,986



	Three Months Ended September 30, 2017
	International Services		U.S. Services		Tubular Sales		Blackhawk		Consolidated
United States	$	—	$	29,065	$	7,209	$	17,432	$	53,706
International	53,742		—		492		143		54,377
Total Revenues	$	53,742	$	29,065	$	7,701	$	17,575	$	108,083



	Nine Months Ended September 30, 2018
	International Services		U.S. Services		Tubular Sales		Blackhawk		Consolidated
United States	$	—	$	106,035	$	41,939	$	54,568	$	202,542
International	161,985		—		213		11,900		174,098
Total Revenues	$	161,985	$	106,035	$	42,152	$	66,468	$	376,640



	Nine Months Ended September 30, 2017
	International Services		U.S. Services		Tubular Sales		Blackhawk		Consolidated
United States	$	—	$	89,936	$	39,543	$	51,374	$	180,853
International	153,851		—		1,244		525		155,620
Total Revenues	$	153,851	$	89,936	$	40,787	$	51,899	$	336,473

Revenue by geographic area was as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
United States	$	70,223	$	53,706	$	202,542	$	180,853
Europe/Middle East/Africa	31,972		37,381		96,665		102,586
Latin America	11,984		6,897		32,441		25,957
Asia Pacific	7,026		5,302		20,689		14,791
Other countries	7,781		4,797		24,303		12,286
Total Revenues	$	128,986	$	108,083	$	376,640	$	336,473

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):



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
Segment Adjusted EBITDA:
International Services	$	7,848		$	11,151		$	23,894		$	25,459
U.S. Services ⁽¹⁾	(846		)	(11,322		)	(16,526		)	(27,775		)
Tubular Sales	286			(1,333		)	2,644			1,736
Blackhawk	4,328			3,477			10,398			7,653
	11,616			1,973			20,410			7,073
Interest income, net	866			1,019			2,419			2,170
Depreciation and amortization	(26,998		)	(30,650		)	(84,160		)	(92,700		)
Income tax (expense) benefit	7,461			(87,613		)	1,901			(72,419		)
Gain on disposal of assets	2,242			829			1,790			2,091
Foreign currency gain (loss)	(879		)	1,839			(3,442		)	3,184
TRA related adjustments	(1,170		)	122,515			(5,282		)	122,515
Charges and credits ⁽²⁾	(137		)	(7,616		)	(8,471		)	(22,231		)
Net income (loss)	$	(6,999	)	$	2,296		$	(74,835	)	$	(50,317	)


⁽¹⁾	Includes all corporate general and administrative expenses.

⁽²⁾

Comprised of Equity-based compensation expense (for the three months ended September 30, 2018 and 2017: $3,008 and $2,342, respectively, and for the nine months ended September 30, 2018 and 2017: $8,176 and $11,458, respectively), Mergers and acquisition expense (for the three months ended September 30, 2018 and 2017: none and none, respectively, and for the nine months ended September 30, 2018 and 2017: $58 and $459, respectively), Severance and other (charges) credits, net (for the three months ended September 30, 2018 and 2017: $4,852 and $(1,648), respectively, and for the nine months ended September 30, 2018 and 2017: $2,483 and $(2,386), respectively), Unrealized and realized gains (losses) (for the three months ended September 30, 2018 and 2017: $360 and $(1,123), respectively, and for the nine months ended September 30, 2018 and 2017: $1,521 and $(2,819), respectively) and Investigation-related matters (for the three months ended September 30, 2018 and 2017: $2,341 and $2,503, respectively, and for the nine months ended September 30, 2018 and 2017: $4,241 and $5,109, 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 September 30, 2018
Revenue from external customers	$	53,891		$	38,292		$	12,871		$	23,932		$	—		$	128,986
Inter-segment revenue	(44		)	4,694			92			2,036			(6,778		)	—
Operating income (loss)	1,423			(14,482		)	(493		)	(39		)	—			(13,591		)
Adjusted EBITDA	7,848			(846		)	286			4,328			—			*

Three Months Ended September 30, 2017
Revenue from external customers	$	53,742		$	29,065		$	7,701		$	17,575		$	—		$	108,083
Inter-segment revenue	3			4,062			3,111			33			(7,209		)	—
Operating loss	(2,647		)	(25,453		)	(3,967		)	(3,013		)	—			(35,080		)
Adjusted EBITDA	11,151			(11,322		)	(1,333		)	3,477			—			*

Nine Months Ended September 30, 2018
Revenue from external customers	$	161,985		$	106,035		$	42,152		$	66,468		$	—		$	376,640
Inter-segment revenue	(123		)	13,549			285			2,590			(16,301		)	—
Operating loss	(12,350		)	(56,382		)	(57		)	(3,491		)	—			(72,280		)
Adjusted EBITDA	23,894			(16,526		)	2,644			10,398			—			*

Nine Months Ended September 30, 2017
Revenue from external customers	$	153,851		$	89,936		$	40,787		$	51,899		$	—		$	336,473
Inter-segment revenue	18			12,890			10,350			105			(23,363		)	—
Operating loss	(19,140		)	(73,092		)	(782		)	(12,642		)	—			(105,656		)
Adjusted EBITDA	25,459			(27,775		)	1,736			7,653			—			*

* Non-GAAP financial measure not disclosed.