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Revenue (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Text Block [Abstract]    
Summary of Disaggregation of Revenue From Contracts With Customers
Three months ended March 31,
  
2022
     2021  
Engineered Systems
  
$
174,431
 
   $ 72,232  
Service
  
 
83,186
 
     70,536  
Energy Infrastructure
1
  
 
65,452
 
     60,437  
    
 
 
    
 
 
 
Total revenue
  
$
323,069
 
   $ 203,205  
    
 
 
    
 
 
 
 
1
 
During the three months ended March 31, 2022, the Company recognized $13.6 million of revenue related to operating leases in its Canada and ROW segments (March 31, 2021 - $17.8 million). Additionally, the Company recognized $27.6 million of revenue related to its USA contract compression fleet (March 31, 2021 - $22.6 million).
 
Revenue by geographic location, which is attributed by destination of sale, was as follows:
 
                 
Three months ended March 31,
  
2022
     2021  
United States
  
$
127,714
 
   $ 81,387  
Canada
  
 
65,044
 
     49,248  
Oman
  
 
50,618
 
     17,384  
Australia
  
 
13,068
 
     17,048  
Argentina
  
 
11,417
 
     6,400  
Nigeria
  
 
9,437
 
     1,271  
Bahrain
  
 
8,163
 
     7,088  
Colombia
  
 
7,664
 
     5,029  
Mexico
  
 
6,962
 
     6,294  
Brazil
  
 
6,476
 
     3,487  
Other
  
 
16,506
 
     8,569  
    
 
 
    
 
 
 
Total revenue
  
$
323,069
 
   $ 203,205  
    
 
 
    
 
 
 
 
                         
Years ended December 31,
  
2021
     2020      2019  
Engineered Systems
  
$
354,127
 
   $ 598,566      $ 1,448,503  
Service
1
  
 
327,376
 
     303,269        350,992  
Energy Infrastructure
1,2,3

  
 
278,653
 
     315,217        245,927  
    
 
 
    
 
 
    
 
 
 
Total revenue
  
$
960,156
 
   $ 1,217,052      $ 2,045,422  
    
 
 
    
 
 
    
 
 
 
 
 
1
 
During the second quarter of 2020, revenues from the operation and maintenance of BOOM contracts have been reclassified from the Service to
Energy
I
nfrast
ructure
product line, including $11,717 previously disclosed during the first quarter of 2020. For the year ended December 31, 2019, $43,594 of revenues have been reclassified from Service to
Energy
I
nfrastructure
.
 
This new classification creates better alignment with management’s internal metrics, as the operations and maintenance of these facilities are considered costs and revenue associated with the rental of the facilities.
2
 
Energy Infrastructure revenue for 2021 and 2020 includes the recognition of revenue from finance lease transactions in the fourth quarter of the same period. Upon commencement of the renegotiated leases, the Company recognized the sale of the related rental assets and a corresponding finance lease receivable. Refer to Note 11 for further details on finance leases.

3
 
During the year ended December 31, 2021, the Company recognized $68.2 million of revenue related to operating leases in its Canada and ROW segments (December 31, 2020 - $86.6 million
;
December 31, 2019 - $92.3 million). Additionally, the Company recognized $98.1 million of revenue related to its USA contract compression fleet (December 31, 2020 - $91.1 million
;
December 31, 2019 - $76.1 million).
Revenue by geographic location, which is attributed by destination of sale, is as follows:
 
                         
Years ended December 31,
  
2021
     2020      2019  
United States
  
$
451,675
 
   $ 549,854      $ 954,350  
Canada
  
 
173,181
 
     206,508        484,251  
Oman
  
 
84,486
 
     53,664        105,721  
Australia
  
 
61,520
 
     65,683        71,592  
Bahrain
  
 
40,361
 
     108,358        42,864  
Argentina
  
 
34,321
 
     21,276        24,522  
Mexico
  
 
27,355
 
     32,945        46,300  
Colombia
  
 
17,795
 
     32,671        17,375  
Brazil
  
 
17,289
 
     11,130        10,953  
Nigeria
  
 
7,853
 
     92,334        256,177  
Bolivia
  
 
7,775
 
     6,264        4,037  
Other
  
 
36,545
 
     36,365        27,280  
    
 
 
    
 
 
    
 
 
 
Total revenue
  
$
960,156
 
   $ 1,217,052      $ 2,045,422  
    
 
 
    
 
 
    
 
 
 
Summary of Performance Obligations
The following table outlines the Company’s unsatisfied performance obligations, by product line, as at March 31, 2022:
 
                                 
     Less than
one year
     One to two
years
     Greater than
two years
     Total  
Engineered Systems
   $ 619,294      $ 694      $ —        $ 619,988  
Service
     35,645        14,435        42,059        92,139  
Energy Infrastructure
     174,387        136,231        677,255        987,873  
    
 
 
    
 
 
    
 
 
    
 
 
 
    
$
829,326
 
  
$
151,360
 
  
$
719,314
 
  
$
1,700,000
 
    
 
 
    
 
 
    
 
 
    
 
 
 
The following table outlines the Company’s unsatisfied performance obligations, by product line, as at December 31, 2021:
 
                                 
     Less than
one year
     One to
two years
     Greater than
two years
     Total  
Engineered Systems
   $ 556,844      $ 705      $ —        $ 557,549  
Service
     33,192        13,437        44,665        91,294  
Energy Infrastructure
     158,616        141,366        709,555        1,009,537  
    
 
 
    
 
 
    
 
 
    
 
 
 
    
$
748,652
 
  
$
155,508
 
  
$
754,220
 
  
$
1,658,380