Annual report pursuant to section 13 and 15(d)

SEGMENT REPORTING (Tables)

v2.4.0.8
SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2012
SEGMENT REPORTING [Abstract]  
Schedule of financial information
The table below shows certain financial information of our reporting segments for 2012, 2011, and 2010 (in thousands).

Segment Reporting as of and for the year ended December 31, 2012

 
 
Treatment
   
Services
   
Segments Total
   
Corporate And Other
 
(2)
 
Consolidated Total
 
Revenue from external customers
 
$
45,882
   
$
81,627
   
$
127,509
(3)
 
$
     
$
127,509
 
Intercompany revenues
   
1,785
     
845
     
2,630
     
¾
       
¾
 
Gross profit
   
9,268
     
6,536
     
15,804
     
¾
       
15,804
 
Interest income
   
¾
     
¾
     
¾
     
41
       
41
 
Interest expense
   
9
     
12
     
21
     
797
       
818
 
Interest expense-financing fees
   
¾
     
¾
     
¾
     
107
       
107
 
Depreciation and amortization
   
4,448
     
949
     
5,397
     
73
       
5,470
 
Segment (loss) profit
   
2,951
     
1,474
     
4,425
     
(7,574
)
     
(3,149
)
Segment assets(1)
   
75,405
     
36,120
     
111,525
     
28,166
 
(4)
   
139,691
 
Expenditures for segment assets
   
263
     
145
     
408
     
4
       
412
 
Total debt
   
85
     
5
     
90
     
14,106
 
(5)
   
14,196
 

Segment Reporting as of and for the year ended December 31, 2011

 
 
Treatment
   
Services
   
Segments Total
   
Corporate And Other
 
(2)
 
Consolidated Total
 
Revenue from external customers
 
$
65,836
   
$
52,261
   
$
118,097
(3)
 
$
     
$
118,097
 
Intercompany revenues
   
1,928
     
585
     
2,513
     
¾
       
¾
 
Gross profit
   
21,299
     
7,121
     
28,420
     
¾
       
28,420
 
Interest income
   
¾
     
¾
     
¾
     
58
       
58
 
Interest expense
   
72
     
7
     
79
     
578
       
657
 
Interest expense-financing fees
   
¾
     
¾
     
¾
     
207
       
207
 
Depreciation and amortization
   
4,535
     
192
     
4,727
     
89
       
4,816
 
Segment profit (loss)
   
10,226
     
3,983
     
14,209
     
(7,810
)
     
6,399
 
Segment assets(1)
   
81,197
     
43,293
     
124,490
     
39,164
 
(4)
   
163,654
 
Expenditures for segment assets
   
2,278
     
4
     
2,282
     
21
       
2,303
 
Total debt
   
142
     
12
     
154
     
17,562
 
(5)
   
17,716
 

Segment Reporting as of and for the year ended December 31, 2010

 
 
Treatment
   
Services
   
Segments Total
   
Corporate And Other
 
(2)
 
Consolidated Total
 
Revenue from external customers
 
$
53,363
   
$
44,427
   
$
97,790
(3)
 
$
     
$
97,790
 
Intercompany revenues
   
2,962
     
502
     
3,464
     
¾
       
¾
 
Gross profit
   
12,733
     
7,882
     
20,615
     
¾
       
20,615
 
Interest income
   
¾
     
¾
     
¾
     
65
       
65
 
Interest expense
   
138
     
3
     
141
     
614
       
755
 
Interest expense-financing fees
   
3
     
¾
     
3
     
409
       
412
 
Depreciation and amortization
   
4,469
     
39
     
4,508
     
22
       
4,530
 
Segment profit (loss)
   
7,715
     
4,508
     
12,223
     
(7,341
)
     
4,882
 
Segment assets(1)
   
91,881
     
2,570
     
94,451
     
31,286
 
(4)
   
125,737
 
Expenditures for segment assets
   
1,601
     
19
     
1,620
     
22
       
1,642
 
Total debt
   
1,105
     
18
     
1,123
     
9,126
 
(5)
   
10,249
 

(1) Segment assets have been adjusted for intercompany accounts to reflect actual assets for each segment.

(2) Amounts reflect the activity for corporate headquarters, not included in the segment information.

(3)  The consolidated revenues included the CH Plateau Remediation Company ("CHPRC") revenue of $24,652,000 or 19.3%, $59,136,000 or 50.1%, and $51,929,000 or 53.1%, for 2012, 2011, and 2010, respectively, of our total consolidated revenue from continuing operations. Also, the consolidated revenues included revenues generated directly from the U.S. Department of Energy ("DOE") of $26,265,000 or 20.6%, $4,136,000 or 3.5%, and $0 or 0%, for 2012, 2011, and 2010, respectively, of our total consolidated revenue from continuing operations. The increase in revenues generated directly from the DOE was attributed to the acquisition of SEC on October 31, 2011.

(4)  Amount includes assets from our discontinued operations of $2,113,000, $2,343,000, and $7,433,000, as of December 31, 2012, 2011, and 2010, respectively.

(5)  Net of debt discount of ($0), ($12,000), and (117,000) for 2012, 2011, and 2010, respectively, based on the estimated fair value at issuance of two Warrants and 40,000 shares of the Company's Common Stock issued on May 8, 2009 in connection with a $3,000,000 promissory note entered into by the Company and Mr. William Lampson and Mr. Diehl Rettig. The promissory note and the Warrants were modified on April 18, 2011. See Note 9 – "Long-Term Debt – Promissory Note and Installment Agreement" for additional information."