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Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contracts with Customers

Schedule of disaggregation of revenue


		Three Months Ended						Nine Months Ended
		September 30,						September 30,
(in thousands)		2023			2022			2023			2022
Contract operations:
0 ― 1,000 horsepower per unit		$	43,142		$	38,967		$	126,272		$	121,298
1,001 ― 1,500 horsepower per unit			90,016			72,463			259,830			208,161
Over 1,500 horsepower per unit			74,140			58,818			209,526			170,297
Other ⁽¹⁾			254			249			789			695
Total contract operations revenue ⁽²⁾			207,552			170,497			596,417			500,451

Aftermarket services:
Services			24,860			23,528			70,676			66,666
OTC parts and components sales			20,955			19,643			63,651			59,580
Total aftermarket services revenue ⁽³⁾			45,815			43,171			134,327			126,246

Total revenue		$	253,367		$	213,668		$	730,744		$	626,697

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

(2)

Includes $1.0 million and $0.7 million for the three months ended September 30, 2023 and 2022, respectively, and $2.9 million and $1.8 million for the nine months ended September 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		$	117,864		$	176,902		$	90,951		$	31,648		$	9,672		$	4,620		$	431,657

Summary of changes in allowance for credit losses


(in thousands)
Balance at beginning of period		$	1,674
Benefit from credit losses			(234)
Write-offs charged against allowance			(452)
Balance at end of period		$	988