Table of Content Twelve Months Ended December 31, 2022 Major classes of line items constituting net income (loss) from discontinued operations Revenues $ 101,418 Operating expenses (45,044) Selling, general and administrative expenses (32,230) Interest expense, net (108) Other expense, net (4,390) Income before income taxes 19,646 Gain on sale of Quest transaction 203,351 Income before income taxes 222,997 Provision for income taxes (2,831) Net income from discontinued operations $ 220,166 We completed the sale of Quest Integrity on November 1, 2022. As a result, there were no assets or liabilities in discontinued operations as of December 31, 2023 or 2022. The following table presents the depreciation and amortization and capital expenditures of Quest Integrity (in thousands): Twelve Months Ended December 31, 2022 Cash flows provided by operating activities of discontinued operations: Depreciation and amortization $ 1,141 Cash flows provided by investing activities of discontinued operations: Capital expenditures $ 4,146 3. REVENUE Disaggregation of revenue. Essentially all of our revenues are associated with contracts with customers. A disaggregation of our revenue from contracts with customers by geographic region, by reportable operating segment and by service type is presented below (in thousands): Twelve Months Ended December 31, 2023 United States and Canada Other Countries Total Revenue: IHT $ 414,515 $ 15,044 $ 429,559 MS 294,118 138,938 433,056 Total $ 708,633 $ 153,982 $ 862,615 39
Form 10-K Page 43 Page 45