XML 35 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Financial Information by Segment
Financial information by segment was as follows (in thousands):
 
Quarters Ended March 31,
 
2015
 
2014
Revenues:
 
 
 
Infrastructure Solutions
$
122,473

 
$
122,324

Corrosion Protection
101,743

 
108,008

Energy Services
84,950

 
75,902

Total revenues
$
309,166

 
$
306,234

 
 
 
 
Gross profit:
 
 
 
Infrastructure Solutions
$
28,615

 
$
25,554

Corrosion Protection
20,829

 
24,141

Energy Services
9,746

 
11,368

Total gross profit
$
59,190

 
$
61,063

 
 
 
 
Operating income:
 
 
 
Infrastructure Solutions
$
7,332

 
$
1,458

Corrosion Protection
500

 
3,691

Energy Services
1,293

 
3,985

Total operating income
$
9,125

 
$
9,134

Summary of Revenues, Gross Profit, and Operating Income by Geographic Region
The following table summarizes revenues, gross profit and operating income by geographic region (in thousands):
 
Quarters Ended March 31,
 
2015
 
2014
Revenues (1):
 
 
 
United States
$
223,141

 
$
210,630

Canada
46,651

 
41,864

Europe
14,118

 
22,616

Other foreign
25,256

 
31,124

Total revenues
$
309,166

 
$
306,234

 
 
 
 
Gross profit:
 
 
 
United States
$
37,854

 
$
41,393

Canada
12,188

 
9,062

Europe
4,225

 
4,758

Other foreign
4,923

 
5,850

Total gross profit
$
59,190

 
$
61,063

 
 
 
 
Operating income (loss):
 
 
 
United States
$
(2,913
)
 
$
2,396

Canada
8,599

 
5,423

Europe
1,471

 
527

Other foreign
1,968

 
788

Total operating income
$
9,125

 
$
9,134

__________________________
(1) 
Revenues are attributed to the country of origin for the Company’s legal entities. For a significant majority of its legal entities, the country of origin relates to the country or geographic area that it services.