Geographic Areas

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Geographic Areas

10. Geographic Areas

	Three months ended September 30,
	Western Hemisphere				Eastern Hemisphere				Asia-Pacific					DQ Corporate						Total
	2019		2018		2019		2018		2019		2018			2019			2018			2019			2018
	(In thousands)
Revenues
Products
Standard Products	$	30,135	$	34,101	$	18,514	$	12,918	$	10,890	$	1,587		$	-		$	-		$	59,539		$	48,606
Percentage of Completion		12,425		9,724		5,143		4,916		4,744		-			-			-			22,312			14,640
Total Products		42,560		43,825		23,657		17,834		15,634		1,587			-			-			81,851			63,246
Services
Technical Advisory		8,165		7,305		3,301		3,612		2,050		2,889			-			-			13,516			13,806
Reconditioning		2,892		2,864		1,353		752		123		119			-			-			4,368			3,735
Total Services (excluding rental tools)		11,057		10,169		4,654		4,364		2,173		3,008			-			-			17,884			17,541
Leasing		4,658		5,899		2,719		3,115		1,115		3,456			-			-			8,492			12,470
Total Services (including rental tools)		15,715		16,068		7,373		7,479		3,288		6,464			-			-			26,376			30,011
Intercompany		2,572		2,564		72		1,302		2,458		573						-			5,102			4,439
Eliminations		-		-		-		-		-		-			(5,102	)		(4,439	)		(5,102	)		(4,439	)
Total Revenues	$	60,847	$	62,457	$	31,102	$	26,615	$	21,380	$	8,624		$	(5,102	)	$	(4,439	)	$	108,227		$	93,257
Depreciation and amortization	$	5,327	$	5,607	$	970	$	1,057	$	1,240	$	1,390		$	767		$	670		$	8,304		$	8,724
Income (loss) before income taxes	$	3,882	$	13,902	$	11,627	$	8,133	$	6,051	$	(301	)	$	(19,458	)	$	(34,120	)	$	2,102		$	(12,386	)

	Nine months ended September 30,
	Western Hemisphere				Eastern Hemisphere				Asia-Pacific					DQ Corporate						Total
	2019		2018		2019		2018		2019		2018			2019			2018			2019			2018
	(In thousands)
Revenues
Products
Standard Products	$	81,120	$	110,074	$	50,458	$	35,556	$	31,846	$	13,031		$	-		$	-		$	163,424		$	158,661
Percentage of Completion		36,700		20,185		16,357		16,682		8,037		3,482			-			-			61,094			40,349
Total Products		117,820		130,259		66,815		52,238		39,883		16,513			-			-			224,518			199,010
Services
Technical Advisory		22,118		20,835		11,428		12,785		7,331		7,021			-			-			40,877			40,641
Reconditioning		7,945		8,338		3,100		2,700		1,014		1,324			-			-			12,059			12,362
Total Services (excluding rental tools)		30,063		29,173		14,528		15,485		8,345		8,345			-			-			52,936			53,003
Leasing		15,942		18,162		8,804		10,837		4,153		6,279			-			-			28,899			35,278
Total Services (including rental tools)		46,005		47,335		23,332		26,322		12,498		14,624			-			-			81,835			88,281
Intercompany		9,185		9,685		418		1,835		4,237		1,300			-			-			13,840			12,820
Eliminations		-		-		-		-		-		-			(13,840	)		(12,820	)		(13,840	)		(12,820	)
Total	$	173,010	$	187,279	$	90,565	$	80,395	$	56,618	$	32,437		$	(13,840	)	$	(12,820	)	$	306,353		$	287,291
Depreciation and amortization	$	16,183	$	17,091	$	3,198	$	3,402	$	3,637	$	3,521		$	2,137		$	1,952		$	25,155		$	25,966
Income (loss) before income taxes	$	12,291	$	12,999	$	25,529	$	13,792	$	17,951	$	(45	)	$	(52,586	)	$	(45,238	)	$	3,185		$	(18,492	)

	September 30, 2019			December 31, 2018
	(In thousands)
Total long-lived assets:
Western Hemisphere	$	386,571		$	412,624
Eastern Hemisphere		242,704			256,899
Asia-Pacific		69,216			65,944
Eliminations		(371,575	)		(395,938	)
Total	$	326,916		$	339,529
Total assets:
Western Hemisphere	$	711,164		$	708,723
Eastern Hemisphere		812,930			788,171
Asia-Pacific		171,099			154,298
Eliminations		(489,558	)		(458,682	)
Total	$	1,205,635		$	1,192,510

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 regional 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.