Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Financial information by segment was as follows (in thousands):



	Quarters Ended March 31,
	2016 ⁽¹⁾			2015 ⁽²⁾
Revenues:
Infrastructure Solutions	$	125,762		$	122,473
Corrosion Protection	92,446			101,743
Energy Services	75,700			84,950
Total revenues	$	293,908		$	309,166

Gross profit:
Infrastructure Solutions	$	29,744		$	28,615
Corrosion Protection	17,199			20,829
Energy Services	7,471			9,746
Total gross profit	$	54,414		$	59,190

Operating income (loss):
Infrastructure Solutions ⁽³⁾	$	5,808		$	7,332
Corrosion Protection ⁽⁴⁾	(5,670		)	500
Energy Services ⁽⁵⁾	(4,277		)	1,293
Total operating income (loss)	$	(4,139	)	$	9,125

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⁽¹⁾	Results include: (i) $9.7 million of 2016 Restructuring charges (see Note 3), (ii) $0.2 million of 2014 Restructuring expense reversals (see Note 3); (iii) $1.0 million of costs incurred related to the acquisition of Underground Solutions and other acquisition targets; and (iv) inventory step up expense of $1.2 million recognized as part of the accounting for business combinations (see Note 1).


⁽²⁾	Results include: (i) $0.8 million of 2014 Restructuring charges (see Note 3); and (ii) $0.3 million of costs incurred related to the acquisition of Schultz and other acquisition targets.

⁽³⁾

Operating income for the quarter ended March 31, 2016 includes: (i) $2.2 million of 2016 Restructuring charges (see Note 3), (ii) $0.2 million of 2014 Restructuring expense reversals (see Note 3); (iii) $1.0 million of costs incurred related to the acquisitions of Underground Solutions and other acquisition targets; and (iv) inventory step up expense of $1.2 million recognized as part of the accounting for business combinations (see Note 1). Operating income for the quarter ended March 31, 2015 includes $0.8 million of 2014 Restructuring charges (see Note 3).


⁽⁴⁾	Operating loss for the quarter ended March 31, 2016 includes: (i) $2.7 million of 2016 Restructuring charges (see Note 3).


⁽⁵⁾	Operating loss for the quarter ended March 31, 2016 includes: (i) $4.9 million of 2016 Restructuring charges (see Note 3). Operating income for the quarter ended March 31, 2015 includes $0.3 million of costs incurred related to the acquisition of Schultz and other acquisition targets.

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,
	2016			2015
Revenues ⁽¹⁾:
United States	$	223,569		$	223,141
Canada	27,619			46,651
Europe	13,821			14,118
Other foreign	28,899			25,256
Total revenues	$	293,908		$	309,166

Gross profit:
United States	$	39,862		$	37,854
Canada	5,414			12,188
Europe	2,789			4,225
Other foreign	6,349			4,923
Total gross profit	$	54,414		$	59,190

Operating income (loss):
United States	$	(7,552	)	$	(2,913	)
Canada	1,569			8,599
Europe	159			1,471
Other foreign	1,685			1,968
Total operating income (loss)	$	(4,139	)	$	9,125

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⁽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.