Segmented Information

12 Months Ended

Dec. 31, 2018

Disclosure Of Operating Segments [Abstract]

NOTE 5. SEGMENTED INFORMATION

The Corporation operates primarily in Canada, the United States and certain international locations, in two industry segments; Contract Drilling Services and Completion and Production Services. Contract Drilling Services includes drilling rigs, directional drilling, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services includes service rigs, snubbing units, oilfield equipment rental, camp and catering services, and wastewater treatment units.

2018	Contract Drilling Services			Completion and Production Services			Corporate and Other			Inter- Segment Eliminations			Total
Revenue	$	1,396,492		$	150,760		$	—		$	(6,063	)	$	1,541,189
Operating loss		(129,965	)		(8,998	)		(59,110	)		—			(198,073	)
Depreciation and amortization		334,555			23,879			7,226			—			365,660
Impairment of goodwill		207,544			—			—			—			207,544
Total assets		3,301,457			170,113			164,473			—			3,636,043
Goodwill		—			—			—			—			—
Capital expenditures		108,610			5,004			12,529			—			126,143

2017	Contract Drilling Services			Completion and Production Services			Corporate and Other			Inter- Segment Eliminations			Total
Revenue	$	1,173,930		$	154,146		$	—		$	(6,852	)	$	1,321,224
Operating loss		(6,930	)		(17,750	)		(63,398	)		—			(88,078	)
Depreciation and amortization		334,587			29,638			13,521			—			377,746
Impairment of property, plant and equipment		15,313			—			—			—			15,313
Total assets		3,491,393			209,353			192,185			—			3,892,931
Goodwill		205,167			—			—			—			205,167
Capital expenditures		69,076			4,509			24,417			—			98,002

A reconciliation of operating loss to loss before income taxes is as follows:

	2018			2017
Total segment operating loss	$	(198,073	)	$	(88,078	)
Add (deduct):
Foreign exchange		4,017			(2,970	)
Finance charges		127,178			137,928
Loss (gain) on redemption and repurchase of unsecured senior notes		(5,672	)		9,021
Loss before income taxes	$	(323,596	)	$	(232,057	)

The Corporation’s operations are carried on in the following geographic locations:

2018	Canada		United States		International		Eliminations			Total
Revenue	$	571,640	$	797,217	$	191,131	$	(18,799	)	$	1,541,189
Total assets		1,269,542		1,772,850		593,651		—			3,636,043

2017	Canada		United States		International		Eliminations			Total
Revenue	$	578,817	$	568,573	$	190,401	$	(16,567	)	$	1,321,224
Total assets		1,631,838		1,666,368		594,725		—			3,892,931