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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2020
SEGMENT INFORMATION  
Summary of financial information by segment

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended June 30, 2020

​

    

​

​

    

Loss 

    

Depreciation and

    

Capital

​

​

Revenue

​

 before taxes

​

Amortization

​

Expenditures

​

​

(in thousands)

Water Services

​

$

56,090

​

$

(22,518)

​

$

15,880

​

$

(48)

Water Infrastructure

​

​

15,439

​

​

(11,037)

​

​

7,024

​

​

(205)

Oilfield Chemicals

​

​

21,174

​

​

(7,216)

​

​

2,604

​

​

1,614

Other

​

​

—

​

​

(38)

​

​

—

​

​

—

Eliminations

​

 

(464)

​

 

—

​

 

—

​

 

—

Loss from operations

​

 

​

​

 

(40,809)

​

 

​

​

 

​

Corporate

​

 

—

​

 

(6,996)

​

 

834

​

 

—

Interest expense, net

​

 

—

​

 

(513)

​

 

—

​

 

—

Other expense, net

​

 

—

​

 

(4,856)

​

 

—

​

 

—

​

​

$

92,239

​

$

(53,174)

​

$

26,342

​

$

1,361

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended June 30, 2019

​

    

​

​

    

Income (loss)

    

Depreciation and

    

Capital

​

​

Revenue

​

 before taxes

​

Amortization

​

Expenditures

​

​

(in thousands)

Water Services

​

$

202,997

​

$

16,234

​

$

21,024

​

$

9,489

Water Infrastructure

​

​

51,719

​

​

3,202

​

​

6,072

​

​

11,542

Oilfield Chemicals

​

​

62,997

​

​

4,424

​

​

1,747

​

​

2,132

Other

​

​

9,403

​

​

673

​

​

—

​

​

3

Eliminations

​

 

(3,229)

​

 

—

​

 

—

​

 

—

Income from operations

​

 

​

​

 

24,533

​

 

​

​

 

​

Corporate

​

 

—

​

 

(13,354)

​

 

906

​

 

—

Interest expense, net

​

 

—

​

 

(839)

​

 

—

​

 

—

Other expense, net

​

 

—

​

 

(1,701)

​

 

—

​

 

—

​

​

$

323,887

​

$

8,639

​

$

29,749

​

$

23,166

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the six months ended June 30, 2020

​

    

​

​

    

Loss

    

Depreciation and

    

Capital

​

​

Revenue

​

 before taxes

​

Amortization

​

Expenditures

​

​

(in thousands)

Water Services

​

$

206,242

​

$

(218,418)

​

$

33,036

​

$

1,219

Water Infrastructure

​

​

73,323

​

​

(93,114)

​

​

14,052

​

​

2,363

Oilfield Chemicals

​

​

92,202

​

​

(10,112)

​

​

4,602

​

​

4,504

Other

​

​

—

​

​

(13)

​

​

—

​

​

325

Eliminations

​

 

(1,243)

​

 

—

​

 

—

​

 

—

Loss from operations

​

 

​

​

 

(321,657)

​

 

​

​

 

​

Corporate

​

 

—

​

 

(16,979)

​

 

1,519

​

 

—

Interest expense, net

​

 

—

​

 

(844)

​

 

—

​

 

—

Other expense, net

​

 

—

​

 

(5,078)

​

 

—

​

 

—

​

​

$

370,524

​

$

(344,558)

​

$

53,209

​

$

8,411

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the six months ended June 30, 2019

​

    

​

​

    

Income (loss)

    

Depreciation and

    

Capital

​

​

Revenue

​

 before taxes

​

Amortization

​

Expenditures

​

​

(in thousands)

Water Services

​

$

423,877

​

$

39,894

​

$

42,286

​

$

22,615

Water Infrastructure

​

​

105,335

​

​

7,003

​

​

12,161

​

​

28,780

Oilfield Chemicals

​

​

130,116

​

​

6,437

​

​

4,200

​

​

3,352

Other

​

​

33,073

​

​

(5,850)

​

​

1,714

​

​

64

Eliminations

​

 

(5,868)

​

 

—

​

 

—

​

 

—

Income from operations

​

 

​

​

 

47,484

​

 

​

​

 

​

Corporate

​

 

—

​

 

(29,672)

​

 

1,906

​

 

—

Interest expense, net

​

 

—

​

 

(1,932)

​

 

—

​

 

—

Other expense, net

​

 

—

​

 

(5,663)

​

 

—

​

 

—

​

​

$

686,533

​

$

10,217

​

$

62,267

​

$

54,811

​

Total assets by segment as of June 30, 2020 and December 31, 2019 is as follows:

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​

​

​

​

​

​

​

​

​

As of

​

As of

​

    

June 30, 2020

    

December 31, 2019

​

​

(in thousands)

Water Services

​

$

559,889

​

$

831,123

Water Infrastructure

 

​

194,622

 

​

314,026

Oilfield Chemicals

 

​

149,727

 

​

192,224

Other

​

​

7,076

​

​

10,247

​

​

$

911,314

​

$

1,347,620