Exterran Corp - 10-K filing on 2017-03-10

Reportable Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Revenues and Other Financial Information

The following table presents revenues and other financial information by reportable segment during the years ended December 31, 2016, 2015 and 2014 (in thousands):



	Contract Operations		Aftermarket Services		Oil and Gas Product Sales		Belleli EPC Product Sales			Reportable Segments Total		Other (1)		Total (2)(3)
2016:
Revenue	$	392,463	$	120,550	$	392,384	$	123,856		$	1,029,253	$	—	$	1,029,253
Gross margin (4)	248,793		33,208		26,990		(2,466		)	306,525		—		306,525
Total assets	745,752		28,421		159,172		27,928			961,273		413,491		1,374,764
Capital expenditures	69,946		332		790		1,236			72,304		2,021		74,325

2015:
Revenue	$	469,900	$	127,802	$	1,089,562	$	103,221		$	1,790,485	$	—	$	1,790,485
Gross margin (4)	297,509		36,569		163,825		(31,625		)	466,278		—		466,278
Total assets	790,957		31,614		230,947		46,592			1,100,110		617,082		1,717,192
Capital expenditures	138,171		709		5,001		1,713			145,594		11,151		156,745

2014:
Revenue	$	493,853	$	162,724	$	1,329,607	$	115,479		$	2,101,663	$	—	$	2,101,663
Gross margin (4)	308,445		42,543		240,189		(33,391		)	557,786		—		557,786
Total assets	809,122		37,200		334,401		63,304			1,244,027		686,083		1,930,110
Capital expenditures	130,248		1,095		10,954		10,462			152,759		3,843		156,602


(1)	Includes corporate related items.


(2)	Totals exclude assets, capital expenditures and the operating results of discontinued operations.


(3)	Total gross margin, a non-GAAP financial measure, is reconciled, in total, to income (loss) before income taxes, its most directly comparable measure calculated and presented in accordance with GAAP, below.


(4)	Gross margin is defined as total revenue less cost of sales (excluding depreciation and amortization expense).

Schedule of Asset from Reportable Segments to Total Assets

The following table presents assets from reportable segments to total assets as of December 31, 2016 and 2015 (in thousands):



	December 31,
	2016		2015
Assets from reportable segments	$	961,273	$	1,100,110
Other assets (1)	413,491		617,082
Assets associated with discontinued operations	14		71,204
Total assets	$	1,374,778	$	1,788,396


(1)	Includes corporate related items.

Schedule of Geographic Data

The following tables present geographic data as of and during the years ended December 31, 2016, 2015 and 2014 (in thousands):



	Years Ended December 31,
	2016		2015		2014
Revenue:
U.S.	$	335,268	$	858,409	$	1,051,824
United Arab Emirates	137,247		135,623		131,392
Argentina	151,374		172,004		172,492
Brazil	85,831		68,578		91,433
Mexico	90,876		125,972		119,953
Other international	228,657		429,899		534,569
Total	$	1,029,253	$	1,790,485	$	2,101,663



	December 31,
	2016		2015		2014
Property, plant and equipment, net:
U.S.	$	84,669	$	90,976	$	87,093
Argentina	222,548		239,226		246,410
Brazil	157,139		128,032		119,795
Mexico	167,279		198,641		238,661
Other international	166,174		201,313		216,631
Total	$	797,809	$	858,188	$	908,590

Reconciliation of Income (Loss) Before Income Taxes to Total Gross Margin

The following table reconciles income (loss) before income taxes to total gross margin (in thousands):



	Years Ended December 31,
	2016			2015			2014
Income (loss) before income taxes	$	(69,606	)	$	11,420		$	127,151
Selling, general and administrative	165,985			220,396			263,170
Depreciation and amortization	137,974			154,801			170,088
Long-lived asset impairment	15,146			20,788			3,851
Restatement charges	18,879			—			—
Restructuring and other charges	27,457			31,315			—
Interest expense	34,181			7,272			1,878
Equity in income of non-consolidated affiliates	(10,403		)	(15,152		)	(14,553		)
Other (income) expense, net	(13,088		)	35,438			6,201
Total gross margin	$	306,525		$	466,278		$	557,786