Segment Reporting

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting

NOTE 10 – SEGMENT REPORTING

As described in Note 1, our operations are assessed based on five reportable segments. An analysis of our operations by reportable segment is as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
	(In thousands)
REVENUES:
Power Generation	$	327,379		$	471,191		$	639,457		$	932,654
Nuclear Operations		293,438			330,986			579,652			592,125
Technical Services		26,015			27,432			50,470			52,661
Nuclear Energy		44,927			63,185			92,707			126,701
mPower		—			333			278			637
Adjustments and Eliminations(1)		(5,753	)		(6,991	)		(14,541	)		(13,219	)
	$	686,006		$	886,136		$	1,348,023		$	1,691,559
(1)      Segment revenues are net of the following intersegment transfers and other adjustments:
Power Generation Transfers	$	1,239		$	1,538		$	4,220		$	2,300
Nuclear Operations Transfers		1,880			1,539			4,967			2,816
Technical Services Transfers		—			1,014			52			1,549
Nuclear Energy Transfers		2,634			2,900			5,302			6,554
mPower Transfers		—			—			—			—
	$	5,753		$	6,991		$	14,541		$	13,219
OPERATING INCOME:
Power Generation	$	15,215		$	30,535		$	25,757		$	63,865
Nuclear Operations		58,682			65,737			118,210			120,461
Technical Services		15,078			15,235			29,867			29,414
Nuclear Energy		1,548			7,922			2,071			10,180
mPower		(31,933	)		(1,104	)		(58,642	)		(28,051	)
	$	58,590		$	118,325		$	117,263		$	195,869
Unallocated Corporate(1)		(6,002	)		(7,387	)		(8,377	)		(16,295	)
Special Charges for Restructuring Activities		(17,470	)		(12,232	)		(20,128	)		(20,655	)
Total Operating Income(2)	$	35,118		$	98,706		$	88,758		$	158,919
Other Income (Expense):
Interest income		190			323			609			655
Interest expense		(921	)		(789	)		(1,820	)		(1,607	)
Other – net		580			1,005			1,902			2,411
Total Other Income (Expense)		(151	)		539			691			1,459
Income before Provision for Income Taxes	$	34,967		$	99,245		$	89,449		$	160,378
(1)      Unallocated corporate includes general corporate overhead not allocated to segments.
(2)      Included in operating income is the following:
(Gains) Losses on Asset Disposals and Impairments – Net:
Power Generation	$	1,457		$	(7	)	$	1,457		$	(85	)
Nuclear Operations		—			—			—			—
Technical Services		—			163			—			163
Nuclear Energy		—			—			—			9
mPower		—			—			—			—
	$	1,457		$	156		$	1,457		$	87
Equity in Income of Investees:
Power Generation	$	434		$	5,202		$	2,800		$	7,309
Nuclear Operations		—			—			—			—
Technical Services		12,749			13,699			25,650			26,532
Nuclear Energy		—			(126	)		2			(279	)
mPower		—			—			—			—
	$	13,183		$	18,775		$	28,452		$	33,562