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Segments
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segments

Note 15. Segments

The Company primarily operates through three business segments, Field Services (FS), Professional Service (PS) and Infrastructure Services (IS). The Field Services segment generates revenue from the installation and service of video programming for both residential and commercial customers under a contract with a subsidiary of AT&T. The Professional Services segment provides customers with design, engineering, construction, deployment, and maintenance of small cell and distributed antenna systems (“DAS”). The Infrastructure Services segment provides maintenance and decommissioning services to wireless networks. During the second quarter we have classified the results of certain assets and liabilities within the IS segment as discontinued operations in our consolidated statements of operations and comprehensive loss for all periods presented. Additionally, the related assets and liabilities associated the discontinued operations are classified as held for sale in our consolidated balance sheet. See Note 3 – Discontinued Operations for additional formation.  

There were no material intersegment transfers or sales during the periods presented. Selected segment financial information for the three and six months ended June 30, 2015 and 2016, respectively, is presented below (in thousands):  

 

 

 

Three Months Ended June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FS

 

 

PS

 

 

IS

 

 

Other

 

 

Corporate

 

 

Total

 

Revenues

 

$

60,356

 

 

$

16,483

 

 

$

4,328

 

 

$

—

 

 

$

—

 

 

$

81,167

 

Cost of revenues

 

 

49,689

 

 

 

15,189

 

 

 

3,872

 

 

 

—

 

 

 

—

 

 

 

68,750

 

Gross profit

 

$

10,667

 

 

$

1,294

 

 

$

456

 

 

$

—

 

 

$

—

 

 

 

12,417

 

Selling, general and

   administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,755

 

 

 

17,755

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,262

 

 

 

2,262

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

500

 

 

 

500

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8,100

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,053

 

 

 

11,053

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(19,153

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

30

 

 

 

30

 

Loss from continuing

   operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(19,183

)

 

 

 

Three Months Ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FS

 

 

PS

 

 

IS

 

 

Other

 

 

Corporate

 

 

Total

 

Revenues

 

$

78,664

 

 

$

10,030

 

 

$

2,187

 

 

$

—

 

 

$

—

 

 

$

90,881

 

Cost of revenues

 

 

68,245

 

 

 

8,804

 

 

 

1,780

 

 

 

—

 

 

 

—

 

 

 

78,829

 

Gross profit

 

$

10,419

 

 

$

1,226

 

 

$

407

 

 

$

—

 

 

$

—

 

 

$

12,052

 

Selling, general and

   administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12,942

 

 

 

12,942

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

906

 

 

 

906

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8,687

 

 

 

8,687

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,483

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,010

 

 

 

11,010

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(21,493

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27

 

 

 

27

 

Loss from continuing

   operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(21,520

)

 

 

 

Six Months Ended June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

FS

 

 

PS

 

 

IS

 

 

Other

 

 

Corporate

 

 

Total

 

Revenues

 

$

119,215

 

 

$

30,404

 

 

$

11,378

 

 

$

—

 

 

$

—

 

 

$

160,997

 

Cost of revenues

 

 

97,483

 

 

 

29,352

 

 

 

10,540

 

 

 

—

 

 

 

—

 

 

$

137,375

 

Gross profit

 

$

21,732

 

 

$

1,052

 

 

$

838

 

 

$

—

 

 

$

—

 

 

 

23,622

 

Selling, general and

   administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

41,074

 

 

 

41,074

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7,643

 

 

 

7,643

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,142

 

 

 

2,142

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(27,237

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

21,872

 

 

 

21,872

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(49,109

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

340

 

 

 

340

 

Loss from continuing

   operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(49,449

)

 

 

 

Six Months Ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

FS

 

 

PS

 

 

IS

 

 

Other

 

 

Corporate

 

 

Total

 

Revenues

 

$

151,200

 

 

$

24,417

 

 

$

2,240

 

 

$

—

 

 

$

—

 

 

$

177,857

 

Cost of revenues

 

 

126,810

 

 

 

21,104

 

 

 

1,911

 

 

 

—

 

 

 

—

 

 

 

149,825

 

Gross profit

 

$

24,390

 

 

$

3,313

 

 

$

329

 

 

$

—

 

 

$

—

 

 

 

28,032

 

Selling, general and

   administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27,490

 

 

 

27,490

 

Restructuring expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,400

 

 

 

1,400

 

Impairment expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8,767

 

 

 

8,767

 

Operating loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(9,625

)

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

21,988

 

 

 

21,988

 

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(31,613

)

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

66

 

 

 

66

 

Loss from continuing

   operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(31,679

)

 

Total assets by segment are presented below as of December 31, 2015 and June 30, 2016 (in thousands):

 

 

 

December 31, 2015

 

 

 

FS

 

 

PS

 

 

IS

 

 

Assets Held for Sale

 

 

Corporate

 

 

Total

 

Total Assets

 

$

112,103

 

 

$

44,825

 

 

$

1,614

 

 

$

45,880

 

 

$

38,254

 

 

$

242,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2016

 

 

 

FS

 

 

PS

 

 

IS

 

 

Assets Held for Sale

 

 

Corporate

 

 

Total

 

Total Assets

 

$

123,221

 

 

$

33,312

 

 

$

3,735

 

 

$

34,970

 

 

$

21,096

 

 

$

216,334