SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES (Tables)

9 Months Ended

Sep. 30, 2019

A rollforward of goodwill for the nine months ended September 30, 2019 is as follows (in thousands):



	Nine Months Ended September 30, 2019
	(unaudited)
	IHT		MS			Quest Integrity			Total
Balance at beginning of period	$	192,608	$	55,627		$	33,415		$	281,650
Foreign currency adjustments	178		(613		)	(545		)	(980		)
Balance at end of period	$	192,786	$	55,014		$	32,870		$	280,670

Amounts used in basic and diluted earnings (loss) per share

Amounts used in basic and diluted earnings (loss) per share, for the three and nine months ended September 30, 2019 and 2018, are as follows (in thousands):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
	(unaudited)	(unaudited)	(unaudited)	(unaudited)
Weighted-average number of basic shares outstanding	30,300	30,021	30,267	30,000
Stock options, stock units and performance awards	—	—	—	—
Convertible Senior Notes	—	—	—	—
Total shares and dilutive securities	30,300	30,021	30,267	30,000

Revision to prior period consolidated financial statements

The table below provides a summary of the financial statement line items which were impacted by these error corrections (in thousands, except per share data):



	Three Months Ended September 30, 2018
	As Previously Reported			Adjustments			As Revised
	(unaudited)			(unaudited)			(unaudited)
Effect on condensed consolidated statement of operations
Provision (benefit) for income taxes	$	(4,977	)	$	664		$	(4,313	)
Net loss	$	(22,862	)	$	(664	)	$	(23,526	)

Loss per common share:
Basic	$	(0.76	)	(0.02		)	$	(0.78	)
Diluted	$	(0.76	)	(0.02		)	$	(0.78	)



	Nine Months Ended September 30, 2018
	As Previously Reported			Adjustments			As Revised
	(unaudited)			(unaudited)			(unaudited)
Effect on condensed consolidated statement of operations
Provision (benefit) for income taxes	$	(7,331	)	$	(6,046	)	$	(13,377	)
Net loss	$	(73,177	)	$	6,046		$	(67,131	)

Loss per common share:
Basic	$	(2.44	)	0.20			$	(2.24	)
Diluted	$	(2.44	)	0.20			$	(2.24	)

Effect of ASC 842 on our condensed consolidated balance sheet

Amounts recognized at January 1, 2019 for operating leases were as follows (in thousands):



	January 1, 2019
	(unaudited)
Operating lease right-of-use assets	$	66,555
Current portion of operating lease obligations	17,770
Operating lease obligations (non-current)	54,477