Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information

v3.7.0.1
Business Segment Information
 6 Months Ended
Jun. 30, 2017
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 operations 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 and the construction of small-scale plants for customers. The “All Other” category offers enterprise energy management services, consulting services and the sale and installation 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. The accounting policies are the same as those described in the summary of significant accounting policies in Note 2. During the six months ended June 30, 2016, the Company included in unallocated corporate activity $1,001 as a reserve for a customer who declared bankruptcy. During the three months ended June 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.
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 June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
60,979

 
$
59,106

 
$
8,991

 
$
19,066

 
$
18,523

 
$
166,665

Interest income
—

 
9

 
—

 
18

 
—

 
27

Interest expense
—

 
266

 
487

 
1,505

 
13

 
2,271

Depreciation and amortization of intangible assets
67

 
654

 
286

 
4,220

 
432

 
5,659

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(7,206
)
Income before taxes, excluding unallocated corporate activity
2,412

 
8,881

 
614

 
1,903

 
416

 
14,226

Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
70,583

 
43,099

 
13,198

 
19,060

 
16,688

 
162,628

Interest income
—

 
3

 
—

 
10

 
—

 
13

Interest expense
—

 
289

 
403

 
1,068

 
—

 
1,760

Depreciation and amortization of intangible assets
137

 
704

 
261

 
3,751

 
675

 
5,528

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(6,839
)
Income (loss) before taxes, excluding unallocated corporate activity
4,623

 
4,565

 
(1,844
)
 
2,290

 
71

 
9,705

Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Revenues
102,585

 
107,030

 
18,492

 
37,594

 
35,574

 
301,275

Interest income
—

 
15

 
1

 
30

 
—

 
46

Interest expense
—

 
533

 
934

 
2,627

 
25

 
4,119

Depreciation and amortization of intangible assets
141

 
1,307

 
575

 
8,473

 
910

 
11,406

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(14,092
)
Income (loss) before taxes, excluding unallocated corporate activity
(169
)
 
14,326

 
101

 
3,152

 
1,313

 
18,723

Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
112,204

 
81,768

 
28,005

 
39,753

 
34,674

 
296,404

Interest income
—

 
5

 
—

 
19

 
—

 
24

Interest expense
—

 
388

 
750

 
2,096

 
—

 
3,234

Depreciation and amortization of intangible assets
274

 
1,227

 
500

 
7,600

 
1,348

 
10,949

Unallocated corporate activity
—

 
—

 
—

 
—

 
—

 
(14,566
)
Income (loss) before taxes, excluding unallocated corporate activity
$
4,814

 
$
10,965

 
$
(1,303
)
 
$
4,611

 
$
(710
)
 
$
18,377