Annual report pursuant to Section 13 and 15(d)

Business Segment Information

v3.20.4
Business Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Business Segment Information GEOGRAPHIC INFORMATION
We attribute revenues to customers based on the location of the customer. The following table presents information related to our operations by geographic area:
As of December 31,
  2020   2019
Long-lived Assets      
United States $ 706,177    $ 564,047 
Canada 29,768   24,684
Other 2,415  834 
Total long-lived assets $ 738,360    $ 589,565 
Year Ended December 31,
2020 2019 2018
Revenues  
United States $ 955,436  $ 815,405  $ 734,748 
Canada 45,089 35,031 36,728
Other 31,750  16,497  15,662 
Total revenues $ 1,032,275  $ 866,933  $ 787,138 
BUSINESS SEGMENT INFORMATION
Our reportable segments for the year ended December 31, 2020 are U.S. Regions, U.S. Federal, Canada and Non-Solar Distributed Generation (“Non-Solar DG”).
Our 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 that Ameresco owns or develops for customers that produce electricity, gas, heat or cooling from renewable sources of energy and O&M services.
Our Non-Solar DG segment sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants that the we own and O&M services for customer owned small-scale plants. Our U.S. Regions segment also includes certain small-scale solar grid-tie plants developed for customers. The “All Other” category offers enterprise energy management services, consulting services and the sale of solar PV energy products and systems which we refer to as integrated-PV. These segments do not include results of other activities, such as corporate operating expenses not specifically allocated to the segments. Certain reportable segments are an aggregation of operating segments.
For the years ended December 31, 2020, 2019 and 2018 more than 71% of our revenues have been derived from federal, state, provincial or local government entities, including public housing authorities and public universities. The U.S. federal government, which is considered a single customer for reporting purposes, constituted 36.6%, 33.2% and 31.3% of our consolidated revenues for the years ended December 31, 2020, 2019 and 2018, respectively. Revenues from the U.S. federal government are included in our U.S. Federal segment.
The reports of our chief operating decision maker do not include assets at the operating segment level.
The table below presents our business segment information and reconciliation to our consolidated financial statements:
  U.S. Regions   U.S. Federal   Canada   Non-Solar DG   All Other   Total Consolidated
2020
Revenues $ 400,526  $ 377,882  $ 47,797  $ 106,418  $ 99,652  $ 1,032,275 
Interest income 136  77  —  16  21  250 
Interest expense 5,783  1,771  852  4,369  116  12,891 
Depreciation and intangible asset amortization 12,234  3,945  1,580  20,717  1,661  40,137 
Unallocated corporate activity —  —  —  —  —  (40,188)
Income before taxes, excluding unallocated corporate activity 27,565  44,560  2,560  13,040  8,891  96,616 
2019
Revenues 365,060  287,426  37,910  84,683  91,854  866,933 
Interest income 166  208  —  82  68  524 
Interest expense 5,858  831  691  5,242  —  12,622 
Depreciation and intangible asset amortization 9,934  3,427  1,386  21,359  1,603  37,709 
Unallocated corporate activity —  —  —  —  —  (34,189)
Income before taxes, excluding unallocated corporate activity 15,925  40,553  1,771  3,813  8,680  70,742 
2018
Revenues 334,344  246,309  38,982  82,655  84,848  787,138 
Interest income 9  126  —  147  —  282 
Interest expense 6,188  1,045  1,917  6,172  22  15,344 
Depreciation and intangible asset amortization 5,578  2,772  1,155  18,101  1,542  29,148 
Unallocated corporate activity —  —  —  —  —  (30,415)
Income (loss) before taxes, excluding unallocated corporate activity 20,543  36,332  (2,746) 13,412  5,264  72,805 
See Note 3 for additional information about our revenues by product line.