Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information

v3.3.0.814
Business Segment Information
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Business Segment Information
BUSINESS SEGMENT INFORMATION
The Company reports results under ASC 280, Segment Reporting. The Company’s reportable segments are U.S. Regions, U.S. Federal, Canada and Small-Scale Infrastructure. The Company’s U.S. Regions, U.S. Federal and Canada segments offer energy efficiency products and services, which include the design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure; renewable energy solutions and services, which include the construction of small-scale plants for customers that produce electricity, gas, heat or cooling from renewable sources of energy; and O&M services. The Company’s Small-Scale Infrastructure segment sells electricity, processed landfill gas, heat or cooling produced from renewable sources of energy from small-scale plants that the Company owns. The “All Other” category offers enterprise energy management services, consulting services and the sale and installation of solar-PV energy products and systems. These segments do not include results of other activities, such as corporate operating expenses not specifically allocated to the segments.
The reports of the Company’s chief operating decision maker do not include assets at the operating segment level.
An analysis of the Company’s business segment information and reconciliation to the condensed consolidated financial statements is as follows:
 
U.S. Regions
 
U.S. Federal
 
Canada
 
Small-Scale Infrastructure
 
All Other
 
Total Consolidated
Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
105,163

 
$
35,491

 
$
12,931

 
$
14,681

 
$
20,876

 
$
189,142

Interest expense

 

 
369

 
990

 

 
1,359

Depreciation and amortization of intangible assets
223

 
299

 
278

 
3,678

 
1,023

 
5,501

Unallocated corporate activity

 

 

 

 

 
(6,243
)
Income (loss) before taxes, excluding unallocated corporate activity
9,955

 
4,331

 
(1,660
)
 
2,992

 
(1,854
)
 
13,764

Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Revenues
79,217

 
27,600

 
21,776

 
13,954

 
26,344

 
168,891

Interest income

 

 

 
11

 
1

 
12

Interest expense

 

 
355

 
1,006

 

 
1,361

Depreciation and amortization of intangible assets
330

 
315

 
390

 
3,204

 
1,213

 
5,452

Unallocated corporate activity

 

 

 

 

 
(6,844
)
Income (loss) before taxes, excluding unallocated corporate activity
7,468

 
4,953

 
(289
)
 
1,372

 
99

 
13,603

Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Revenues
225,643

 
90,071

 
37,663

 
42,059

 
61,628

 
457,064

Interest income

 

 
3

 
159

 

 
162

Interest expense

 

 
980

 
2,914

 

 
3,894

Depreciation and amortization of intangible assets
715

 
907

 
803

 
10,469

 
3,053

 
15,947

Unallocated corporate activity

 

 

 

 

 
(19,644
)
Income (loss) before taxes, excluding unallocated corporate activity
17,203

 
12,633

 
(7,238
)
 
6,619

 
(5,405
)
 
23,812

Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Revenues
180,863

 
66,257

 
57,843

 
39,309

 
67,908

 
412,180

Interest income

 

 
1

 
34

 
1

 
36

Interest expense

 

 
1,025

 
2,283

 

 
3,308

Depreciation and amortization of intangible assets
977

 
879

 
1,210

 
9,451

 
2,948

 
15,465

Unallocated corporate activity

 

 

 

 

 
(21,847
)
Income (loss) before taxes, excluding unallocated corporate activity
$
12,746

 
$
8,542

 
$
(3,336
)
 
$
5,187

 
$
(64
)
 
$
23,075