Business Segment Information

12 Months Ended

Dec. 31, 2012

Business Segment Information

Business Segment Information

Note 28 — Business Segment Information

The Company operates in two business segments: the Energy Efficiency Services segment and the Renewable Energy segment.  In classifying its operational entities into a particular segment, the Company segregated its businesses with similar economic characteristics, products and services, production processes, customers, and methods of distribution into distinct operating groups.

The Energy Efficiency Services segment includes the Utility Program Management business.  The services of this segment include program design, program management, marketing & customer recruitment, auditing and installation of energy conservation measures for small business customers of utilities or public utility commissions.

The Renewable Energy segment includes the operations of GES-Port Charlotte, which operates the Zemel Road landfill-gas electric generating facility located in Punta Gorda, Florida.

An analysis and reconciliation of the Company’s business segment information to the respective information in the consolidated financial statements is as follows (in thousands):

				2011
Year ended December 31,	2012			(Restated)
Revenues:
Energy Efficiency Services	$	42,519		$	41,658
GES Port Charlotte	893			270
Total	$	43,412		$	41,928
Operating Income (Loss):
Energy Efficiency Services (1)(2)	$	(3,747	)	$	(3,183	)
GES Port Charlotte (3)	(3,881		)	98
Corporate (1)(4)	(12,537		)	(6,292		)
Total	$	(20,165	)	$	(9,377	)
Interest Expense, net	(408		)	18
Loss from continuing operations	$	(20,573	)	$	(9,359	)
Depreciation and Amortization:
Energy Efficiency Services	$	627		$	183
GES Port Charlotte	345			57
Corporate	214			112
Discontinued Operations	635			973
Total	$	1,821		$	1,325
Capital Additions:
Energy Efficiency Services	$	436		$	1,423
GES Port Charlotte	170			3,753
Corporate	314			28
Discontinued Operations	66			153
Total	$	986		$	5,357
Total Assets:
Energy Efficiency Services	$	23,394		$	37,243
GES Port Charlotte	4,178			8,080
Corporate	1,112			1,412
Discontinued Operations	16,472			27,522
Total	$	45,156		$	74,257

(1) The Company implemented a restructuring in 2012 that moved all sales and marketing from business units into corporate.

(2) Includes $5.8 million impairment loss in 2011

(3) Includes $3.5 million impairment loss in 2012

(4) Includes $1.3 million restructuring charge in 2011