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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2012
Goodwill by Operating Segment

Goodwill — Goodwill by operating segment as of March 31, 2012 and changes for the three months then ended are as follows (in thousands):

 

     Contract
Drilling
     Pressure
Pumping
     Total  

Balance December 31, 2011

   $ 86,234       $ 67,575       $ 153,809   

Changes to goodwill

     —           —           —     
  

 

 

    

 

 

    

 

 

 

Balance March 31, 2012

   $ 86,234       $ 67,575       $ 153,809   
  

 

 

    

 

 

    

 

 

 
Gross Carrying Amount and Accumulated Amortization of Intangible Assets

The following table presents the gross carrying amount and accumulated amortization of intangible assets as of March 31, 2012 (in thousands):

 

     Gross
Carrying

Amount
     Accumulated
Amortization
    Net Carrying
Amount
 

Non-compete agreement

   $ 1,400       $ (700   $ 700   

Customer relationships

     25,500         (5,463     20,037   
  

 

 

    

 

 

   

 

 

 

Total intangible assets

   $ 26,900       $ (6,163   $ 20,737