NOTE 19. SEGMENT REPORTING

The Company’s operations are all located in the United States and organized into two reportable segments: Well Services and Processing Solutions. Our reportable segments comprise the structure used by our Chief Operating Decision Maker (“CODM”) to make key operating decisions and assess performance during the years presented in the accompanying consolidated financial statements. Our CODM evaluates the segments’ operating performance based on multiple measures including Adjusted EBITDA, rig hours and rig utilization. The following is a description of the segments:

Well Services. The Company’s well service rigs facilitate operations throughout the lifecycle of a well, including (i) well completion support; (ii) workover; (iii) well maintenance; and (iv) decommissioning. We provide these advanced well services to Exploration & Production (“E&P”) companies, particularly to those operating in unconventional oil and natural gas reservoirs and requiring technically and operationally advanced services. Our well service rigs are designed to support growing U.S. horizontal well demands. In addition to our core well service rig operations, we offer a suite of complementary services, including wireline, snubbing, fluid management and well service-related equipment rentals.

Processing Solutions. The Company provides a range of proprietary, modular equipment for the processing of rich natural gas streams at the wellhead or central gathering points in basins where drilling and completion activity has outpaced the development of permanent processing infrastructure.

The Company incurs costs, indicated as Other, that are not allocable to either of the operating segments and includes mostly corporate general and administrative expenses as we all as depreciation of office furniture and fixtures and other corporate assets. Prior to the Offering and subsequent reorganization, the Well Services and Processing Solutions were run as separate companies and therefore there were no such costs or assets.

Segment information for the years ended December 31, 2017, 2016, and 2015 and total assets as of December 31, 2017 and 2016 is as follows (in millions):


					Processing
	Other		Well Services		Solutions		Total
			Year ended December 31, 2017
Revenues	$	—	$	145.7	$	8.3	$	154.0
Cost of services	$	—	$	(123.2)	$	(3.2)	$	(126.4)
Depreciation and amortization	$	(0.3)	$	(16.2)	$	(1.3)	$	(17.8)
Impairment of goodwill	$	—	$	—	$	—	$	—
Operating income (loss)	$	(11.0)	$	(10.5)	$	0.9	$	(20.6)
Interest expense, net	$	(5.2)	$	(1.0)	$	(0.1)	$	(6.3)
Net income (loss)	$	(16.2)	$	(11.9)	$	0.8	$	(27.3)
Capital expenditures	$	—	$	54.5	$	1.5	$	56.0
			As of December 31, 2017
Property, plant and equipment	$	6.4	$	157.4	$	25.4	$	189.2
Total assets	$	6.4	$	225.1	$	28.2	$	259.7


					Processing
	Other		Well Services		Solutions		Total
			Year ended December 31, 2016
Revenues	$	—	$	46.3	$	6.5	$	52.8
Cost of services	$	—	$	(36.7)	$	(2.6)	$	(39.3)
Depreciation and amortization	$	—	$	(5.6)	$	(1.0)	$	(6.6)
Impairment of goodwill	$	—	$	—	$	—	$	—
Operating loss	$	—	$	(4.1)	$	(0.4)	$	(4.5)
Interest expense, net	$	—	$	(0.4)	$	(0.1)	$	(0.5)
Net loss	$	—	$	(4.5)	$	(0.5)	$	(5.0)
Capital expenditures	$	—	$	10.0	$	2.2	$	12.2
			As of December 31, 2016
Property, plant and equipment	$	—	$	79.5	$	22.9	$	102.4
Total assets	$	—	$	107.9	$	27.8	$	135.7


					Processing
	Other		Well Services		Solutions		Total
			Year ended December 31, 2015
Revenues	$	—	$	9.7	$	11.5	$	21.2
Cost of services	$	—	$	(8.2)	$	(7.9)	$	(16.1)
Depreciation and amortization	$	—	$	(1.4)	$	(0.7)	$	(2.1)
Impairment of goodwill	$	—	$	—	$	(1.6)	$	(1.6)
Operating loss	$	—	$	(3.4)	$	(3.0)	$	(6.4)
Interest expense, net	$	—	$	(0.1)	$	(0.2)	$	(0.3)
Net loss	$	—	$	(3.6)	$	(3.1)	$	(6.7)
Capital expenditures	$	—	$	18.1	$	8.7	$	26.8