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Segment Reporting
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment reporting
14. Segment Reporting
The Company determines its segments based on the information utilized by the chief operating decision maker, the Company’s Chief Executive Officer, to allocate resources and assess performance. Based on this information, the Company has determined that it has three segments: TES, LTL, and Ascent.
These segments are strategic business units through which the Company offers different services. The Company evaluates the performance of the segments primarily based on their respective revenues and operating income. Accordingly, interest expense and other non-operating items are not reported in segment results. In addition, the Company has disclosed corporate, which is not a segment and includes corporate salaries, insurance and administrative costs, and long-term incentive compensation expense.
Included within corporate are rolling stock assets that are purchased and leased by Roadrunner Equipment Leasing (“REL”).  REL, a wholly owned subsidiary of the Company, is a centralized asset management company that purchases and leases equipment that is utilized by the Company's segments for use by company drivers or ICs.


The following table reflects certain financial data of the Company’s segments for the three months ended March 31, 2019 and 2018 and as of March 31, 2019 and December 31, 2018 (in thousands):
 
 
Three Months Ended
 
 
March 31,
 
 
2019
 
2018
Revenues:
 
 
 
 
TES
 
$
274,857

 
$
326,067

LTL
 
102,823

 
113,125

Ascent
 
131,692

 
134,943

Eliminations
 
(2,224
)
 
(4,151
)
Total
 
$
507,148

 
$
569,984

Impairment charges:
 
 
 
 
TES
 
—

 
—

LTL
 
—

 
—

Ascent
 
—

 
—

Corporate
 
778

 
—

Total
 
$
778

 
$
—

Operating (loss) income:
 
 
 
 
TES
 
$
(3,721
)
 
$
4,400

LTL
 
(5,834
)
 
(8,684
)
Ascent
 
5,372

 
6,707

Corporate
 
(16,593
)
 
(15,853
)
Total
 
$
(20,776
)
 
$
(13,430
)
Interest expense
 
3,882

 
9,543

Loss on debt restructuring
 
2,270

 
—

Loss before income taxes
 
$
(26,928
)
 
$
(22,973
)
Depreciation and amortization:
 
 
 
 
TES
 
$
11,187

 
$
6,296

LTL
 
638

 
913

Ascent
 
1,682

 
1,188

Corporate
 
2,035

 
668

Total
 
$
15,542

 
$
9,065

Capital expenditures(1):
 
 
 
 
TES
 
$
6,872

 
$
2,997

LTL
 
1,772

 
200

Ascent
 
1,837

 
354

Corporate(2)
 
25,833

 
2,424

Total
 
$
36,314

 
$
5,975

 
 
March 31, 2019
 
December 31, 2018
Assets:
 
 
 
 
TES
 
$
422,432

 
$
379,956

LTL
 
121,364

 
73,706

Ascent
 
304,956

 
276,994

Corporate
 
134,535

 
123,921

Eliminations(3)
 
(1,008
)
 
(1,120
)
Total
 
$
982,279

 
$
853,457


(1) Includes non-cash finance leases and capital expenditures not yet paid.
(2) The first quarter of 2019 includes $22.1 million of rolling stock assets that were purchased and leased to operating units of the Company by REL of which 100% was leased to the TES segment.
(3) Eliminations represents intercompany trade receivable balances between the three segments.