XML 35 R23.htm IDEA: XBRL DOCUMENT v3.19.2

Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

We are engaged in the business of designing and manufacturing compressors and flares. Our compressors and flares are sold and rented to our customers. In addition, we provide service and maintenance on compressors in our fleet and to third parties. These business activities are similar in all geographic areas.  Our manufacturing process is essentially the same for the entire Company and is performed in-house at our facilities in Midland, Texas and Tulsa, Oklahoma.  Our customers primarily consist of entities in the business of producing natural gas and crude oil.  The maintenance and service of our products is consistent across the entire Company and is performed via an internal fleet of vehicles.  The regulatory environment is similar in every jurisdiction in that the most impacting regulations and practices are the result of federal energy policy.  In addition, the economic characteristics of each customer arrangement are similar in that we maintain policies at the corporate level.

For the three months ended June 30, 2019 (in thousands):
			Rental						Sales						Service & Maintenance												Corporate						Total
Revenue			$	13,572					$	5,814					$	509											$	—					$	19,895
Operating costs and corporate expenses			6,359						4,419						159												8,365						19,302
Total other income, net			—						—						—												177						177
Income before provision for income taxes			$	7,213					$	1,395					$	350											$	(8,188)					$	770

For the three months ended June 30, 2018 (in thousands):
			Rental						Sales						Service & Maintenance												Corporate						Total
Revenue			$	11,427					$	6,383					$	394											$	—					$	18,204
Operating costs and corporate expenses			5,195						4,924						101												7,758						17,978
Total other income, net			—						—						—												75						75
Income before provision for  income taxes			$	6,232					$	1,459					$	293											$	(7,683)					$	301

For the six months ended June 30, 2019 (in thousands):
			Rental						Sales						Service & Maintenance						Corporate						Total
Revenue			$	26,959					$	9,939					$	988					$	—					$	37,886
Operating costs and expenses			12,244						8,118						306						16,416						37,084
Total other income, net			—						—						—						478						478
Income before provision for income taxes			$	14,715					$	1,821					$	682					$	(15,938)					$	1,280

For the six months ended June 30, 2018 (in thousands:
			Rental						Sales						Service & Maintenance						Corporate						Total
Revenue			$	22,898					$	9,381					$	643					$	—					$	32,922
Operating costs and expenses			9,899						7,115						166						15,166						32,346
Total other expense, net			—						—						—						(1)						(1)
Income before provision for income taxes			$	12,999					$	2,266					$	477					$	(15,167)					$	575

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration