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Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contracts with Customers

Schedule of disaggregation of revenue


		Three Months Ended						Six Months Ended
		June 30,						June 30,
(in thousands)		2023			2022			2023			2022
Contract operations:
0 ― 1,000 horsepower per unit		$	43,176		$	40,489		$	83,130		$	82,331
1,001 ― 1,500 horsepower per unit			88,008			68,697			169,814			135,698
Over 1,500 horsepower per unit			69,672			56,885			135,386			111,479
Other ⁽¹⁾			264			227			535			446
Total contract operations revenue ⁽²⁾			201,120			166,298			388,865			329,954

Aftermarket services:
Services			24,567			26,001			45,816			43,138
OTC parts and components sales			21,856			23,529			42,696			39,937
Total aftermarket services revenue ⁽³⁾			46,423			49,530			88,512			83,075

Total revenue		$	247,543		$	215,828		$	477,377		$	413,029

(1)	Primarily relates to fees associated with owned non-compression equipment.

(2)

Includes $1.1 million and $0.9 million for the three months ended June 30, 2023 and 2022, respectively, and $1.9 million and $1.1 million for the six months ended June 30, 2023 and 2022, respectively, related to billable maintenance on owned compressors that was recognized at a point in time. All other contract operations revenue is recognized over time.

(3)	Services revenue within aftermarket services is recognized over time. OTC parts and components sales revenue is recognized at a point in time.

Schedule of remaining Performance Obligation


(in thousands)		2023			2024			2025			2026			2027			2028			Total
Remaining performance obligations		$	179,142		$	142,684		$	66,507		$	20,055		$	4,246		$	795		$	413,429

Summary of changes in allowance for credit losses


(in thousands)
Balance at beginning of period		$	1,674
Benefit from credit losses			(140)
Write-offs charged against allowance			(440)
Balance at end of period		$	1,094