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Segment Information
3 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information

13.   Segment Information

The Company reports and evaluates financial information for three operating segments:  Oil and Gas Markets, Adjacent Markets and Emerging Markets.  The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products.  The Adjacent Markets segment products include imaging equipment, water meter products, offshore cables, and seismic sensors used for vibration monitoring and geotechnical applications such as mine safety applications and earthquake detection.  The Emerging Markets segment was added in conjunction with the Company’s acquisition of Quantum, which designs and markets seismic products targeted at the border and perimeter security markets.

The following table summarizes the Company’s segment information (in thousands):

 

 

 

Three Months Ended

 

 

 

December 31, 2019

 

 

December 31, 2018

 

Revenue:

 

 

 

 

 

 

 

 

Oil and Gas Markets

 

$

19,502

 

 

$

11,004

 

Adjacent Markets

 

 

6,099

 

 

 

6,635

 

Emerging Markets

 

 

97

 

 

 

88

 

Corporate

 

 

 

 

 

148

 

Total

 

$

25,698

 

 

$

17,875

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations:

 

 

 

 

 

 

 

 

Oil and Gas Markets

 

$

4,099

 

 

$

(2,601

)

Adjacent Markets

 

 

851

 

 

 

982

 

Emerging Markets

 

 

(1,365

)

 

 

(1,192

)

Corporate

 

 

(3,415

)

 

 

(3,252

)

Total

 

$

170

 

 

$

(6,063

)