| Performance of Segment based upon Revenues, Operating Income and Assets |
In addition, certain corporate-level costs incurred at a corporate level or at the reporting unit level that benefit the segments are not allocated. These costs include: corporate payroll costs, legal, professional service fees, interest expense, including amortization of deferred financing costs, and taxes and equity-based compensation.
Information for the periods presented is provided below:
|
|
|
Three Months Ended March 31, |
|
|
(in thousands) |
|
2020 |
|
|
2019 |
|
|
Net revenue: |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
79,350 |
|
|
$ |
79,985 |
|
|
ASG |
|
|
55,543 |
|
|
|
57,505 |
|
|
Elimination of intercompany sales |
|
|
(515 |
) |
|
|
(570 |
) |
|
Consolidated total |
|
$ |
134,378 |
|
|
$ |
136,920 |
|
|
|
|
|
|
|
|
|
|
|
|
Operating income (loss): |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
(1,607 |
) |
|
$ |
2,480 |
|
|
ASG |
|
|
2,540 |
|
|
|
4,736 |
|
|
Elimination of intercompany activity |
|
|
10 |
|
|
|
72 |
|
|
Unallocated corporate operating loss |
|
|
(2,916 |
) |
|
|
(4,022 |
) |
|
Consolidated total |
|
$ |
(1,973 |
) |
|
$ |
3,266 |
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures: |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
606 |
|
|
$ |
1,334 |
|
|
ASG |
|
|
766 |
|
|
|
523 |
|
|
Unallocated corporate capital expenditures |
|
|
- |
|
|
|
23 |
|
|
Consolidated total |
|
$ |
1,372 |
|
|
$ |
1,880 |
|
|
|
|
As of March 31, |
|
|
As of December 31, |
|
|
(in thousands) |
|
2020 |
|
|
2019 |
|
|
Goodwill: |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
54,225 |
|
|
$ |
54,225 |
|
|
ASG |
|
|
45,564 |
|
|
|
45,564 |
|
|
Consolidated total |
|
$ |
99,789 |
|
|
$ |
99,789 |
|
|
|
|
|
|
|
|
|
|
|
|
Other intangible assets, net: |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
43,073 |
|
|
$ |
44,509 |
|
|
ASG |
|
|
44,492 |
|
|
|
46,239 |
|
|
Consolidated total |
|
$ |
87,565 |
|
|
$ |
90,748 |
|
|
|
|
|
|
|
|
|
|
|
|
Total assets: |
|
|
|
|
|
|
|
|
|
RDS |
|
$ |
202,332 |
|
|
$ |
182,754 |
|
|
ASG |
|
|
223,885 |
|
|
|
217,655 |
|
|
Consolidation entries |
|
|
63 |
|
|
|
36 |
|
|
Unallocated assets, including corporate |
|
|
21,709 |
|
|
|
19,830 |
|
|
Consolidated total |
|
$ |
447,989 |
|
|
$ |
420,275 |
|
|