Geographic Areas

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Geographic Areas

11. Geographic Areas

	Year ended December 31,
	2014			2013			2012
	(In thousands)
Revenues:
Western Hemisphere
Products	$	430,597		$	420,439		$	298,853
Services		74,544			72,328			68,938
Intercompany		55,094			51,767			65,803
Total	$	560,235		$	544,534		$	433,594
Eastern Hemisphere
Products	$	205,185		$	186,074		$	196,328
Services		59,794			46,653			37,307
Intercompany		10,719			1,254			4,065
Total	$	275,698		$	233,981		$	237,700
Asia-Pacific
Products	$	137,423		$	125,104		$	115,037
Services		23,414			21,774			16,568
Intercompany		3,165			9,155			968
Total	$	164,002		$	156,033		$	132,573
Summary
Products	$	773,205		$	731,617		$	610,218
Services		157,752			140,755			122,813
Intercompany		68,978			62,176			70,836
Eliminations		(68,978	)		(62,176	)		(70,836	)
Total	$	930,957		$	872,372		$	733,031
Income before income taxes
Western Hemisphere	$	143,206		$	111,498		$	76,771
Eastern Hemisphere		79,146			49,672			44,904
Asia-Pacific		54,302			55,136			33,478
Eliminations		2,726			7,791			6,969
Total	$	279,380		$	224,097		$	162,122
Total Long-Lived Assets:
Western Hemisphere	$	221,597		$	216,104		$	215,340
Eastern Hemisphere		45,517			43,430			36,194
Asia-Pacific		57,923			59,192			58,484
Eliminations		(2,926	)		(2,927	)		(2,959	)
Total	$	322,111		$	315,799		$	307,059
Total Assets:
Western Hemisphere	$	731,448		$	805,399		$	745,503
Eastern Hemisphere		375,781			316,473			275,868
Asia-Pacific		354,329			292,463			261,319
Eliminations		(12,307	)		(17,530	)		(32,982	)
Total	$	1,449,251		$	1,396,805		$	1,249,708

The Company’s operations are organized into three geographic segments—Western Hemisphere (including North and South America; headquartered in Houston, Texas), Eastern Hemisphere (including Europe and Africa; headquartered in Aberdeen, Scotland) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East; headquartered in Singapore). Each of these segments sells similar products and services and the Company has major manufacturing facilities in all three of its headquarter locations as well as in Macae, Brazil.

Eliminations of operating profits are related to intercompany inventory transfers that are deferred until shipment is made to third party customers.

In 2014 Chevron accounted for approximately 10% of the Company’s total revenues. In 2013 and 2012, Petrobras accounted for approximately 11% and 12% respectively, of the Company’s total revenues. No other customer accounted for more than 10% of the Company’s total revenues in 2014, 2013 or 2012.