XML 30 R29.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Selected Financial Information

There were no material intersegment transfers or sales during the periods presented. Selected segment financial information for the three and nine months ended September 30, 2014 and 2015, respectively, is presented below (in thousands):

 

 

Three Months Ended September 30, 2014

 

 

 

 

 

 

PS

 

 

IS

 

 

FS

 

 

 

Corporate

 

 

Total

 

Revenues

$

24,801

 

 

$

267,192

 

 

$

71,797

 

 

 

$

—

 

 

$

363,790

 

Cost of revenues

 

22,717

 

 

 

220,769

 

 

 

57,281

 

 

 

 

—

 

 

 

300,767

 

Gross profit

$

2,084

 

 

$

46,423

 

 

$

14,516

 

 

 

 

—

 

 

 

63,023

 

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27,924

 

 

 

27,924

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,653

 

 

 

4,653

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,754

 

 

 

1,754

 

Other operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,666

)

 

 

(1,666

)

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30,358

 

Other income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(25

)

 

 

(25

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,188

 

 

 

11,188

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19,195

 

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,092

 

 

 

2,092

 

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

17,103

 

 

 

Three Months Ended September  30, 2015

 

 

 

 

 

 

PS

 

 

IS

 

 

FS

 

 

 

Corporate

 

 

Total

 

Revenues

$

18,760

 

 

$

74,436

 

 

$

72,298

 

 

 

$

—

 

 

$

165,494

 

Cost of revenues

 

14,385

 

 

 

69,717

 

 

 

59,464

 

 

 

 

—

 

 

 

143,566

 

Gross profit

$

4,375

 

 

$

4,719

 

 

$

12,834

 

 

 

 

—

 

 

 

21,928

 

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22,610

 

 

 

22,610

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

501

 

 

 

501

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—

 

 

 

—

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,183

)

Other income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—

 

 

 

—

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,053

 

 

 

11,053

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(12,236

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

87

 

 

 

87

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(12,323

)

 

 

Nine Months Ended September 30, 2014

 

 

 

 

 

 

PS

 

 

IS

 

 

FS

 

 

 

Corporate

 

 

Total

 

Revenues

$

71,412

 

 

$

624,228

 

 

$

195,305

 

 

 

$

—

 

 

$

890,945

 

Cost of revenues

 

67,690

 

 

 

520,116

 

 

 

170,495

 

 

 

 

—

 

 

 

758,301

 

Gross profit

$

3,722

 

 

$

104,112

 

 

$

24,810

 

 

 

 

—

 

 

 

132,644

 

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

88,386

 

 

 

88,386

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7,379

 

 

 

7,379

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,754

 

 

 

1,754

 

Other operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,235

)

 

 

(3,235

)

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

38,360

 

Other income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(71

)

 

 

(71

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

34,342

 

 

 

34,342

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,089

 

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,157

 

 

 

2,157

 

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

1,932

 

 

 

Nine Months Ended September 30, 2015

 

 

 

 

 

 

PS

 

 

IS

 

 

FS

 

 

 

Corporate

 

 

Total

 

Revenues

$

49,164

 

 

$

324,862

 

 

$

191,514

 

 

 

$

—

 

 

$

565,540

 

Cost of revenues

 

43,736

 

 

 

296,974

 

 

 

156,947

 

 

 

 

—

 

 

 

497,657

 

Gross profit

$

5,428

 

 

$

27,888

 

 

$

34,567

 

 

 

 

—

 

 

 

67,883

 

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

72,784

 

 

 

72,784

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9,510

 

 

 

9,510

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,775

 

 

 

2,775

 

Other operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—

 

 

 

—

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(17,186

)

Other income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

—

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32,925

 

 

 

32,925

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(50,111

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

484

 

 

 

484

 

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(50,595

)

 

Asset information was evaluated at the corporate level and was not available by reportable segment as of September 30, 2014.  Total assets by segment are presented below as of September 30, 2015 (in thousands):

 

 

September 30, 2015

 

 

 

 

 

 

PS

 

 

IS

 

 

FS

 

 

 

Corporate

 

 

Total

 

Total Assets

$

45,795

 

 

$

69,084

 

 

$

131,328

 

 

 

$

33,155

 

 

$

279,363