| Segment Reporting Disclosure [Text Block] |
In accordance with ASC 280, “Segment Reporting”, the Company defines an operating segment as a business activity:
|
●
|
from which we may earn revenue and incur expenses;
|
|
●
|
whose operating results are regularly reviewed by the Chief Operating Officer to make decisions about resources to be allocated to the segment and assess its performance; and
|
|
●
|
for which discrete financial information is available.
|
The Company currently has two reporting segments, which are based on a service offering approach. This however, excludes corporate headquarters, which does not generate revenue, and our discontinued operations, which includes all facilities as discussed in “Note 10 – Discontinued Operations and Divestitures.”
Our reporting segments are defined as follows:
TREATMENT SEGMENT, which includes:
|
|
-
|
nuclear, low-level radioactive, mixed waste (containing both hazardous and low-level radioactive constituents), hazardous and non-hazardous waste treatment, processing and disposal services primarily through four uniquely licensed and permitted treatment and storage facilities; and
|
|
|
-
|
research and development activities to identify, develop and implement innovative waste processing techniques for problematic waste streams.
|
SERVICES SEGMENT, which includes:
|
|
-
|
On-site waste management services to commercial and government customers;
|
|
|
-
|
Technical services, which include:
|
|
|
o
|
professional radiological measurement and site survey of large government and commercial installations using advance methods, technology and engineering;
|
|
|
o
|
integrated Occupational Safety and Health services including industrial hygiene (“IH”) assessments; hazardous materials surveys, e.g., exposure monitoring; lead and asbestos management/abatement oversight; indoor air quality evaluations; health risk and exposure assessments; health & safety plan/program development, compliance auditing and training services; and Occupational Safety and Health Administration (“OSHA”) citation assistance;
|
|
|
o
|
global technical services providing consulting, engineering, project management, waste management, environmental, and decontamination and decommissioning field, technical, and management personnel and services to commercial and government customers; and
|
|
|
o
|
augmented engineering services (through our Schreiber, Yonley & Associates, Inc. subsidiary – “SYA”) providing consulting environmental services to industrial and government customers:
|
|
|
■
|
including air, water, and hazardous waste permitting, air, soil and water sampling, compliance reporting, emission reduction strategies, compliance auditing, and various compliance and training activities; and
|
|
|
■
|
engineering and compliance support to other segments;
|
|
|
-
|
Nuclear services, which include:
|
|
|
o
|
technology-based services including engineering, decontamination and decommissioning (“D&D”), specialty services and construction, logistics, transportation, processing and disposal;
|
|
|
o
|
remediation of nuclear licensed and federal facilities and the remediation cleanup of nuclear legacy sites. Such services capability includes: project investigation; radiological engineering; partial and total plant D&D; facility decontamination, dismantling, demolition, and planning; site restoration; site construction; logistics; transportation; and emergency response; and
|
|
|
-
|
A company owned equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources (i.e., rental) of health physics, IH and customized nuclear, environmental, and occupational safety and health (“NEOSH”) instrumentation.
|
The table below presents certain financial information of our operating segments as of and for the three and six months ended June 30, 2014 and 2013 (in thousands).
|
Segment Reporting for the Quarter Ended June 30, 2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Treatment
|
|
|
Services
|
|
|
Segments Total
|
|
|
Corporate (1)
|
|
|
Consolidated Total
|
|
|
Revenue from external customers
|
|
$
|
9,396
|
|
|
$
|
3,261
|
|
|
$
|
12,657
|
|
|
$
|
—
|
|
|
$
|
12,657
|
|
|
Intercompany revenues
|
|
|
—
|
|
|
|
33
|
|
|
|
33
|
|
|
|
—
|
|
|
|
—
|
|
|
Gross profit
|
|
|
1,325
|
|
|
|
232
|
|
|
|
1,557
|
|
|
|
—
|
|
|
|
1,557
|
|
|
Interest income
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
6
|
|
|
|
6
|
|
|
Interest expense
|
|
|
15
|
|
|
|
1
|
|
|
|
16
|
|
|
|
198
|
|
|
|
214
|
|
|
Interest expense-financing fees
|
|
|
—
|
|
|
|
(2
|
)
|
|
|
(2
|
)
|
|
|
38
|
|
|
|
36
|
|
|
Depreciation and amortization
|
|
|
837
|
|
|
|
248
|
|
|
|
1,085
|
|
|
|
13
|
|
|
|
1,098
|
|
|
Segment profit (loss)
|
|
|
45
|
|
|
|
(1,007
|
)
|
|
|
(962
|
)
|
|
|
(1,399
|
)
|
|
|
(2,361
|
)
|
|
Expenditures for segment assets
|
|
|
120
|
|
|
|
—
|
|
|
|
120
|
|
|
|
—
|
|
|
|
120
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment Reporting for the Quarter Ended June 30, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Treatment
|
|
|
Services
|
|
|
Segments Total
|
|
|
Corporate (1)
|
|
|
Consolidated Total
|
|
|
Revenue from external customers
|
|
$
|
10,108
|
|
|
$
|
12,676
|
|
|
$
|
22,784
|
|
|
$
|
—
|
|
|
$
|
22,784
|
|
|
Intercompany revenues
|
|
|
407
|
|
|
|
16
|
|
|
|
423
|
|
|
|
—
|
|
|
|
—
|
|
|
Gross profit
|
|
|
2,312
|
|
|
|
1,711
|
|
|
|
4,023
|
|
|
|
—
|
|
|
|
4,023
|
|
|
Interest income
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
9
|
|
|
|
9
|
|
|
Interest expense
|
|
|
22
|
|
|
|
1
|
|
|
|
23
|
|
|
|
177
|
|
|
|
200
|
|
|
Interest expense-financing fees
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
24
|
|
|
|
24
|
|
|
Depreciation and amortization
|
|
|
1,024
|
|
|
|
238
|
|
|
|
1,262
|
|
|
|
27
|
|
|
|
1,289
|
|
|
Segment profit (loss)
|
|
|
795
|
|
|
|
(619
|
)
|
|
|
176
|
|
|
|
(1,156
|
)
|
|
|
(980
|
)
|
|
Expenditures for segment assets
|
|
|
59
|
|
|
|
—
|
|
|
|
59
|
|
|
|
—
|
|
|
|
59
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment Reporting for the Six Months Ended June 30, 2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Treatment
|
|
|
Services
|
|
|
Segments Total
|
|
|
Corporate (1)
|
|
|
Consolidated Total
|
|
|
Revenue from external customers
|
|
$
|
17,068
|
|
|
$
|
6,133
|
|
|
$
|
23,201
|
|
|
$
|
—
|
|
|
$
|
23,201
|
|
|
Intercompany revenues
|
|
|
—
|
|
|
|
44
|
|
|
|
44
|
|
|
|
—
|
|
|
|
—
|
|
|
Gross profit
|
|
|
1,435
|
|
|
|
215
|
|
|
|
1,650
|
|
|
|
—
|
|
|
|
1,650
|
|
|
Interest income
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
14
|
|
|
|
14
|
|
|
Interest expense
|
|
|
25
|
|
|
|
1
|
|
|
|
26
|
|
|
|
341
|
|
|
|
367
|
|
|
Interest expense-financing fees
|
|
|
—
|
|
|
|
(2
|
)
|
|
|
(2
|
)
|
|
|
83
|
|
|
|
81
|
|
|
Depreciation and amortization
|
|
|
1,787
|
|
|
|
496
|
|
|
|
2,283
|
|
|
|
26
|
|
|
|
2,309
|
|
|
Segment loss
|
|
|
(1,128
|
)
|
|
|
(2,055
|
)
|
|
|
(3,183
|
)
|
|
|
(2,880
|
)
|
|
|
(6,063
|
)
|
|
Expenditures for segment assets
|
|
|
331
|
|
|
|
2
|
|
|
|
333
|
|
|
|
—
|
|
|
|
333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment Reporting for the Six Months Ended June 30, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Treatment
|
|
|
Services
|
|
|
Segments Total
|
|
|
Corporate (1)
|
|
|
Consolidated Total
|
|
|
Revenue from external customers
|
|
$
|
17,450
|
|
|
$
|
25,163
|
|
|
$
|
42,613
|
|
|
$
|
—
|
|
|
$
|
42,613
|
|
|
Intercompany revenues
|
|
|
1,075
|
|
|
|
55
|
|
|
|
1,130
|
|
|
|
—
|
|
|
|
—
|
|
|
Gross profit
|
|
|
2,167
|
|
|
|
2,393
|
|
|
|
4,560
|
|
|
|
—
|
|
|
|
4,560
|
|
|
Interest income
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
18
|
|
|
|
18
|
|
|
Interest expense
|
|
|
27
|
|
|
|
(4
|
)
|
|
|
23
|
|
|
|
321
|
|
|
|
344
|
|
|
Interest expense-financing fees
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
47
|
|
|
|
47
|
|
|
Depreciation and amortization
|
|
|
2,063
|
|
|
|
460
|
|
|
|
2,523
|
|
|
|
53
|
|
|
|
2,576
|
|
|
Segment loss
|
|
|
(93
|
)
|
|
|
(819
|
)
|
|
|
(912
|
)
|
|
|
(2,956
|
)
|
|
|
(3,868
|
)
|
|
Expenditures for segment assets
|
|
|
175
|
|
|
|
—
|
|
|
|
175
|
|
|
|
—
|
|
|
|
175
|
|
(1)Amounts reflect the activity for corporate headquarters not included in the segment information.
|