| Schedule of Operational Results by Business Segments |
Information as to the Company's revenues by service and product lines is as follows:
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Year Ended December 31, |
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2013 |
|
2012 |
|
2011 |
Revenues: |
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|
|
|
Energy efficiency projects(1) |
$ |
369,510,858 |
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|
$ |
448,983,992 |
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|
$ |
551,323,840 |
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Renewable energy(2) |
204,660,391 |
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|
182,186,573 |
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|
176,876,478 |
|
Total Revenues |
$ |
574,171,249 |
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|
$ |
631,170,565 |
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|
$ |
728,200,318 |
|
(1) Includes products and services related to the design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure.
(2) Includes the construction of small-scale plants that produce electricity, gas, heat or cooling from renewable sources of energy, the sale of such electricity, processed LFG, heat or cooling from plants that the Company owns and the sale and installation of PV solar energy products and systems, or integrated-PV.
An analysis of the Company’s business segment information and reconciliation to the consolidated financial statements is as follows:
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U.S. Regions |
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U.S. Federal |
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Canada |
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Small-Scale Infrastructure |
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All Other |
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Total Consolidated |
2013 |
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Revenues |
$ |
314,339,385 |
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$ |
70,451,614 |
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|
$ |
68,797,187 |
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|
$ |
40,388,023 |
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$ |
80,195,040 |
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$ |
574,171,249 |
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Interest income |
— |
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— |
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|
45,837 |
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|
65,334 |
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|
2,343 |
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|
113,514 |
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Interest expense |
— |
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— |
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|
1,366,774 |
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|
2,044,647 |
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|
58 |
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|
3,411,479 |
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Depreciation and amortization of intangible assets |
2,071,345 |
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|
1,053,387 |
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|
1,687,232 |
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|
10,478,221 |
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|
3,145,154 |
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|
18,435,339 |
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Unallocated corporate activity |
— |
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— |
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— |
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— |
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— |
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|
(26,119,511 |
) |
Income (loss) before taxes |
22,407,888 |
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|
6,430,448 |
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(3,042,971 |
) |
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4,364,975 |
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(1,281,961 |
) |
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28,878,379 |
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2012 |
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Revenues |
382,118,235 |
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|
73,469,139 |
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|
60,563,724 |
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|
37,978,732 |
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|
77,040,735 |
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631,170,565 |
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Interest income |
309 |
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|
121,747 |
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|
7,898 |
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|
1,410 |
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|
323 |
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|
131,687 |
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Interest expense |
— |
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— |
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|
719,155 |
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3,429,362 |
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|
36,120 |
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|
4,184,637 |
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Depreciation and amortization of intangible assets |
3,908,734 |
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|
991,083 |
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1,133,356 |
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|
9,033,370 |
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2,721,956 |
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|
17,788,499 |
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Unallocated corporate activity |
— |
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— |
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— |
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— |
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— |
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|
(21,190,884 |
) |
Income (loss) before taxes |
44,361,239 |
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|
2,263,079 |
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(4,178,699 |
) |
|
2,030,936 |
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|
1,321,215 |
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|
45,797,770 |
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2011 |
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Revenues |
379,528,898 |
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|
145,198,723 |
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|
110,210,632 |
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|
35,440,522 |
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57,821,543 |
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|
728,200,318 |
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Interest income |
— |
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— |
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|
15,785 |
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|
2,106 |
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— |
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|
17,891 |
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Interest expense |
— |
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— |
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|
128,483 |
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|
3,248,415 |
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|
107 |
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|
3,377,005 |
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Depreciation and amortization of intangible assets |
1,788,806 |
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|
225,620 |
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|
835,739 |
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9,096,725 |
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|
720,781 |
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|
12,667,671 |
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Unallocated corporate activity |
— |
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— |
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— |
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— |
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— |
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(18,788,406 |
) |
Income (loss) before taxes |
42,028,808 |
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|
19,251,539 |
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|
1,976,421 |
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|
424,351 |
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(712,608 |
) |
|
62,968,511 |
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Information as to the Company's revenues by service and product lines is as follows:
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|
Year Ended December 31, |
|
2013 |
|
2012 |
|
2011 |
Revenues: |
|
|
|
|
|
Energy efficiency projects(1) |
$ |
369,510,858 |
|
|
$ |
448,983,992 |
|
|
$ |
551,323,840 |
|
Renewable energy(2) |
204,660,391 |
|
|
182,186,573 |
|
|
176,876,478 |
|
Total Revenues |
$ |
574,171,249 |
|
|
$ |
631,170,565 |
|
|
$ |
728,200,318 |
|
(1) Includes products and services related to the design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure.
(2) Includes the construction of small-scale plants that produce electricity, gas, heat or cooling from renewable sources of energy, the sale of such electricity, processed LFG, heat or cooling from plants that the Company owns and the sale and installation of PV solar energy products and systems, or integrated-PV.
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