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Segment Disclosure | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Segment Disclosure | Segment Disclosure The Company’s three operating segments are: •Services. This segment provides asset protection solutions predominantly in North America, with the largest concentration in the United States, followed by Canada, consisting primarily of NDT, inspection, mechanical and engineering services that are used to evaluate the safety, structural integrity and reliability of critical energy, industrial and public infrastructure and commercial aerospace components. Software, digital and data services are included in this segment. •International. This segment offers services, products and systems similar to those of the other segments to select markets within Europe, the Middle East, Africa, Asia and South America, but not to customers in China and South Korea, which are served by the Products and Systems segment. •Products and Systems. This segment designs, manufactures, sells, installs and services the Company’s asset protection products and systems, including equipment and instrumentation, predominantly in the United States. Costs incurred for general corporate services, including finance, legal, and certain other costs that are provided to the segments are reported within Corporate and eliminations. During the first quarter of 2022 the Company finalized a transfer pricing study which resulted in additional costs being allocated from Corporate to the operating segments with the majority of the costs allocated to the Services segment. These costs are reflected in operating income (loss) of each segment. Sales to the International segment from the Products and Systems segment and subsequent sales by the International segment of the same items are recorded and reflected in the operating performance of both segments. Additionally, engineering charges and royalty fees charged to the Services and International segments by the Products and Systems segment are reflected in the operating performance of each segment The accounting policies of the reportable segments are the same as those described in Note 1-Description of Business and Basis of Presentation. Segment income from operations is one of the primary performance measures used by the chief operating decision maker, to assess the performance of each segment and make resource allocation decisions. Certain general and administrative costs such as human resources, information technology and training are allocated to the segments. Segment income from operations excludes interest and other financial charges and income taxes. Corporate and other assets are comprised principally of cash, deposits, property, plant and equipment, domestic deferred taxes, deferred charges and other assets. Corporate loss from operations consists of administrative charges related to corporate personnel and other charges that cannot be readily identified for allocation to a particular segment. Selected consolidated financial information by segment for the periods shown was as follows: (with intercompany transactions eliminated in Corporate and eliminations)
| Three months ended September 30, | Nine months ended September 30,
| 2022 |  | 2021 | 2022 |  | 2021
Revenue |  |  |  |  |  |
Services | $ | 152,778 |  |  | $ | 144,976 |  | $ | 435,251 |  |  | $ | 414,251 |
International | 25,693 |  |  | 29,100 |  | 83,441 |  |  | 88,699 |
Products and Systems | 3,078 |  |  | 3,308 |  | 8,666 |  |  | 9,499 |
Corporate and eliminations | (3,087) |  |  | (2,828) |  | (8,203) |  |  | (6,481) |
| $ | 178,462 |  |  | $ | 174,556 |  | $ | 519,155 |  |  | $ | 505,968 |
| Three months ended September 30, | Nine months ended September 30,
| 2022 |  | 2021 | 2022 |  | 2021
Gross profit |  |  |  |  |  |
Services | $ | 44,869 |  |  | $ | 41,749 |  | $ | 118,348 |  |  | $ | 116,587 |
International | 7,694 |  |  | 9,038 |  | 25,324 |  |  | 26,278 |
Products and Systems | 1,189 |  |  | 1,422 |  | 3,514 |  |  | 4,655 |
Corporate and eliminations | 32 |  |  | 7 |  | 47 |  |  | 33 |
| $ | 53,784 |  |  | $ | 52,216 |  | $ | 147,233 |  |  | $ | 147,553 |
Income (loss) from operations by operating segment includes intercompany transactions, which are eliminated in Corporate and eliminations.
| Three months ended September 30, | Nine months ended September 30,
| 2022 |  | 2021 | 2022 |  | 2021
Income (loss) from operations |  |  |  |  |  |
Services | $ | 16,700 |  |  | $ | 16,085 |  | $ | 35,315 |  |  | $ | 38,991 |
International | 814 |  |  | 1,169 |  | 2,678 |  |  | 2,158 |
Products and Systems | (333) |  |  | (281) |  | (1,334) |  |  | (653) |
Corporate and eliminations | (8,067) |  |  | (7,737) |  | (22,668) |  |  | (24,632) |
| $ | 9,114 |  |  | $ | 9,236 |  | $ | 13,991 |  |  | $ | 15,864 |
| Three months ended September 30, | Nine months ended September 30,
| 2022 |  | 2021 | 2022 |  | 2021
Depreciation and amortization |  |  |  |  |  |
Services | $ | 6,168 |  |  | $ | 6,192 |  | $ | 18,927 |  |  | $ | 18,517 |
International | 1,858 |  |  | 2,167 |  | 5,835 |  |  | 6,552 |
Products and Systems | 221 |  |  | 221 |  | 559 |  |  | 664 |
Corporate and eliminations | (50) |  |  | (72) |  | (189) |  |  | (28) |
| $ | 8,197 |  |  | $ | 8,508 |  | $ | 25,132 |  |  | $ | 25,705 |
| September 30, 2022 |  | December 31, 2021
Intangible assets, net |  |  |
Services | $ | 44,631 |  |  | $ | 51,862 |
International | 4,390 |  |  | 6,344 |
Products and Systems | 1,184 |  |  | 1,042 |
Corporate and eliminations | 132 |  |  | 133 |
| $ | 50,337 |  |  | $ | 59,381 |
| September 30, 2022 |  | December 31, 2021
Total assets |  |  |
Services | $ | 415,090 |  |  | $ | 424,058 |
International | 94,153 |  |  | 111,619 |
Products and Systems | 11,947 |  |  | 10,532 |
Corporate and eliminations | 19,256 |  |  | 15,986 |
| $ | 540,446 |  |  | $ | 562,195 |
Refer to Note 2–Revenue, for revenue by geographic area for the three and nine months ended September 30, 2022 and 2021.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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