OPERATING SEGMENTS

12 Months Ended

Dec. 31, 2012

OPERATING SEGMENTS [Abstract]

Operating Segments

NOTE 16

SEGMENT REPORTING

In accordance to ASC 280, "Segment Reporting", we define an operating segment as a business activity:

· from which we may earn revenue and incur expenses;

· whose operating results are regularly reviewed by the Chief Operating Officer to make decisions about resources to be allocated to the segment and assess its performance; and

· for which discrete financial information is available.

We currently have two reporting segments, Treatment and Services Segments, which are based on a service offering approach. This, however, excludes corporate headquarters, which does not generate revenue, and our discontinued operations, which includes all facilities as discussed in "Note 8 – Discontinued Operations and Divestitures."

The table below shows certain financial information of our reporting segments for 2012, 2011, and 2010 (in thousands).

Segment Reporting as of and for the year ended December 31, 2012

	Treatment			Services		Segments Total			Corporate And Other			(2)	Consolidated Total
Revenue from external customers	$	45,882		$	81,627	$	127,509	(3)	$	—			$	127,509
Intercompany revenues		1,785			845		2,630			¾				¾
Gross profit		9,268			6,536		15,804			¾				15,804
Interest income		¾			¾		¾			41				41
Interest expense		9			12		21			797				818
Interest expense-financing fees		¾			¾		¾			107				107
Depreciation and amortization		4,448			949		5,397			73				5,470
Segment (loss) profit		(450	)		1,474		1,024			(7,574	)			(6,550	)
Segment assets(1)		75,405			36,120		111,525			29,506		(4)		141,031
Expenditures for segment assets		263			145		408			4				412
Total debt		85			5		90			14,106		(5)		14,196

Segment Reporting as of and for the year ended December 31, 2011

	Treatment		Services		Segments Total			Corporate And Other			(2)	Consolidated Total
Revenue from external customers	$	65,836	$	52,261	$	118,097	(3)	$	—			$	118,097
Intercompany revenues		1,928		585		2,513			¾				¾
Gross profit		21,299		7,121		28,420			¾				28,420
Interest income		¾		¾		¾			58				58
Interest expense		72		7		79			578				657
Interest expense-financing fees		¾		¾		¾			207				207
Depreciation and amortization		4,535		192		4,727			89				4,816
Segment profit (loss)		15,399		3,983		19,382			(7,810	)			11,572
Segment assets(1)		81,197		43,293		124,490			41,087		(4)		165,577
Expenditures for segment assets		2,278		4		2,282			21				2,303
Total debt		142		12		154			17,562		(5)		17,716

Segment Reporting as of and for the year ended December 31, 2010

		Treatment		Services		Segments Total			Corporate And Other		(2)		Consolidated Total
Revenue from external customers	$	53,363	$	44,427	$	97,790	(3)	$	—			$	97,790
Intercompany revenues		2,962		502		3,464			¾				¾
Gross profit		12,733		7,882		20,615			¾				20,615
Interest income		¾		¾		¾			65				65
Interest expense		138		3		141			614				755
Interest expense-financing fees		3		¾		3			409				412
Depreciation and amortization		4,469		39		4,508			22				4,530
Segment profit (loss)		6,104		4,508		10,612			(7,341	)			3,271
Segment assets(1)		91,881		2,570		94,451			30,864		(4)		125,315
Expenditures for segment assets		1,601		19		1,620			22				1,642
Total debt		1,105		18		1,123			9,126		(5)		10,249

(1) Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.

(2) Amounts reflect the activity for corporate headquarters, not included in the segment information.

(3) The consolidated revenues included the CH Plateau Remediation Company ("CHPRC") revenue of $24,652,000 or 19.3%, $59,136,000 or 50.1%, and $51,929,000 or 53.1%, for 2012, 2011, and 2010, respectively, of our total consolidated revenue from continuing operations. Also, the consolidated revenues included revenues generated directly from the U.S. Department of Energy ("DOE") of $26,265,000 or 20.6%, $4,136,000 or 3.5%, and $0 or 0%, for 2012, 2011, and 2010, respectively, of our total consolidated revenue from continuing operations. The increase in revenues generated directly from the DOE was attributed to the acquisition of SEC on October 31, 2011.

4)Amount includes assets from our discontinued operations of $2,113,000, $2,343,000, and $7,433,000, as of December 31, 2012, 2011, and 2010, respectively.

(5) Net of debt discount of ($0), ($12,000), and (117,000) for 2012, 2011, and 2010, respectively, based on the estimated fair value at issuance of two Warrants and 200,000 shares of the Company's Common Stock issued on May 8, 2009 in connection with a $3,000,000 promissory note entered into by the Company and Mr. William Lampson and Mr. Diehl Rettig. The promissory note and the Warrants were modified on April 18, 2011. See Note 9 – "Long-Term Debt – Promissory Note and Installment Agreement" for additional information."