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SEGMENT AND GEOGRAPHICAL REPORTING (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Financial Information Related to Company's Segments

The following table sets out financial information related to the Company’s segments (in thousands):

Years Ended December 31,			Service Centers						Innovative Pumping Solutions						Supply Chain Services						Total
2020
Product sales (recognized at a point in time)			$	595,314					$	—					$	138,653					$	733,967
Inventory management services (recognized over contract life)			—						—						16,005						16,005
Staffing services (day-rate basis)			67,303						—						—						67,303
Customized pump production (recognized over time)			—						$	187,991					—						187,991
Total Revenue			$	662,617					$	187,991					$	154,658					$	1,005,266
Operating income for reportable segments, excluding adjustments			70,385						18,715						13,218						102,318
Identifiable assets at year end			550,505						130,505						56,721						737,731
Capital expenditures			1,254						4,457						—						5,711
Proceeds from sale of fixed assets			—						—						—						—
Depreciation			3,299						4,441						387						8,127
Amortization			6,989						5,298						—						12,287
Interest expense			$	11,506					$	7,360					$	1,705					$	20,571

Years Ended December 31,			Service Centers						Innovative Pumping Solutions						Supply Chain Services						Total
2019
Product sales (recognized at a point in time)			$	703,742					$	—					$	184,767					$	888,509
Inventory management services (recognized over contract life)			—						—						16,511						16,511
Staffing services (day-rate basis)			58,514						—						—						58,514
Customized pump production (recognized over time)			—						303,655						—						303,655
Total Revenue			$	762,256					$	303,655					$	201,278					$	1,267,189
Operating income for reportable segments, excluding adjustments			86,778						28,895						14,445						130,118
Identifiable assets at year end			462,663						212,015						56,714						731,392
Capital expenditures			2,333						9,347						922						12,602
Proceeds from sale of fixed assets			35						—						—						35
Depreciation			3,517						4,602						285						8,404
Amortization			8,230						5,855						989						15,074
Interest expense			$	10,786					$	6,747					$	1,965					$	19,498

Years Ended December 31,			Service Centers						Innovative Pumping Solutions						Supply Chain Services						Total
2018
Product sales (recognized at a point in time)			$	685,309					$	—					$	160,770					$	846,079
Inventory management services (recognized over contract life)			—						—						13,686						13,686
Staffing services (day-rate basis)			64,735						—						—						64,735
Customized pump production (recognized over time)			—						291,697						—						291,697
Total Revenue			$	750,044					$	291,697					$	174,456					$	1,216,197
Operating income for reportable segments, excluding adjustments			80,718						33,943						16,204						130,865
Identifiable assets at year end			402,944						188,765						53,517						645,226
Capital expenditures			1,655						6,800						296						8,751
Depreciation			3,974						4,064						49						8,087
Amortization			9,272						6,237						1,077						16,586
Interest expense			11,178						7,351						2,408						20,937

Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes

			Years Ended December 31,
			2020						2019						2018
Operating income for reportable segments, excluding adjustments			$	102,318					$	130,118					$	130,865
Adjustments for:
Amortization of intangibles			12,287						15,074						16,586
Impairment and other charges			59,883						—						—
Corporate and other expense, net			57,018						48,922						45,828
Total operating income			$	(26,870)					$	66,122					$	68,451
Interest expense			20,571						19,498						20,937
Other expenses (income), net			74						(45)						(1,192)
Income before income taxes			$	(47,515)					$	46,669					$	48,706

Schedule of Revenues by Geographical Location

The Company’s revenues and property and equipment by geographical location are as follows (in millions):

			Years Ended December 31,
			2020						2019						2018
Revenues
United States			$	931					$	1,165					$	1,110
Canada			74						102						106
Other(1)			—						—						—
Total			$	1,005					$	1,267					$	1,216

(1) Other includes Mexico and Dubai.

Schedule of Property, Plant and Equipment by Geographical Location

			As of December 31,
			2020						2019
Property and Equipment, net
United States			$	52					$	56
Canada			5						8
Other(1)			—						—
Total			$	57					$	64

(1) Other includes Dubai.

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