Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information

v3.5.0.2
Business Segment Information
 9 Months Ended
Sep. 30, 2016
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. During the nine months ended September 30, 2016, the Company also reserved for certain assets in its Canada segment totaling $1,934 due to collectability concerns as a result of its previously disclosed restructuring efforts. During the three and nine months ended September 30, 2016, the Company included in unallocated corporate activity $2,194 and $3,195, respectively, as a reserve for a customer who declared bankruptcy.
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, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
83,652

 
$
46,498

 
$
12,018

 
$
21,790

 
$
16,640

 
$
180,598

Interest income
—

 
2

 
—

 
10

 
—

 
12

Interest expense
—

 
278

 
493

 
1,116

 
—

 
1,887

Depreciation and amortization of intangible assets
116

 
686

 
288

 
4,063

 
649

 
5,802

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(10,478
)
Income (loss) before taxes, excluding unallocated corporate activity
7,918

 
5,338

 
(154
)
 
5,312

 
(261
)
 
18,153

Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Revenues
103,847

 
35,491

 
12,931

 
16,025

 
20,848

 
189,142

Interest income
—

 
—

 
—

 
—

 
—

 
—

Interest expense
—

 
—

 
369

 
990

 
—

 
1,359

Depreciation and amortization of intangible assets
213

 
299

 
278

 
3,691

 
1,020

 
5,501

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(6,235
)
Income (loss) before taxes, excluding unallocated corporate activity
10,581

 
4,332

 
(1,660
)
 
2,204

 
(1,701
)
 
13,756

Nine Months Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
195,856

 
128,266

 
40,023

 
61,543

 
51,314

 
477,002

Interest income
—

 
7

 
—

 
29

 
—

 
36

Interest expense
—

 
666

 
1,243

 
3,212

 
—

 
5,121

Depreciation and amortization of intangible assets
390

 
1,913

 
788

 
11,663

 
1,997

 
16,751

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(25,044
)
Income (loss) before taxes, excluding unallocated corporate activity
12,732

 
16,303

 
(1,457
)
 
9,923

 
(971
)
 
36,530

Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Revenues
221,875

 
90,071

 
37,663

 
45,947

 
61,508

 
457,064

Interest income
—

 
—

 
3

 
159

 
—

 
162

Interest expense
—

 
—

 
980

 
2,914

 
—

 
3,894

Depreciation and amortization of intangible assets
622

 
907

 
803

 
10,571

 
3,044

 
15,947

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(19,640
)
Income (loss) before taxes, excluding unallocated corporate activity
$
18,656

 
$
12,632

 
$
(7,238
)
 
$
4,553

 
$
(4,795
)
 
$
23,808