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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill by Operating Segment | Goodwill by reportable segment as of September 30, 2024 and changes for the nine months then ended are as follows (in thousands):
| Completion Services |  | Drilling Products |  | Total
Balance at January 1, 2024 | $ | 922,125 |  |  | $ | 457,616 |  |  | $ | 1,379,741 |
Measurement period adjustment | — |  |  | (7,113) |  |  | (7,113) |
Impairment | (885,240) |  |  | — |  |  | (885,240) |
Balance at September 30, 2024 | $ | 36,885 |  |  | $ | 450,503 |  |  | $ | 487,388 |
Gross Carrying Amount and Accumulated Amortization of Intangible Assets | The following table presents the gross carrying amount and accumulated amortization of our intangible assets as of September 30, 2024 and December 31, 2023 (in thousands):
| September 30, 2024 |  | December 31, 2023
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Customer relationships | $ | 785,055 |  |  | $ | (78,374) |  |  | $ | 706,681 |  |  | $ | 786,715 |  |  | $ | (25,563) |  |  | $ | 761,152 |
Developed technology | 202,772 |  |  | (46,529) |  |  | 156,243 |  |  | 202,772 |  |  | (16,435) |  |  | 186,337 |
Trade name | 101,000 |  |  | (10,906) |  |  | 90,094 |  |  | 101,000 |  |  | (3,406) |  |  | 97,594 |
Other | 12,260 |  |  | (2,683) |  |  | 9,577 |  |  | 7,345 |  |  | (731) |  |  | 6,614 |
Intangible assets, net | $ | 1,101,087 |  |  | $ | (138,492) |  |  | $ | 962,595 |  |  | $ | 1,097,832 |  |  | $ | (46,135) |  |  | $ | 1,051,697 |

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