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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
2022 Pay vs Performance Disclosure
 
Tabular Pay vs. Performance Disclosures
(1)
 
 
 
Summary
Compensation
Table Total
for PEO 1
 
 
Compensation
Actually Paid to
PEO 1
(2)
 
 
Summary
Compensation
Table Total
for PEO 2
 
 
Compensation
Actually Paid
to PEO 2
(2)
 
 
Average
Summary
Compensation
Table Total
for
Non-PEO

NEOs
 
 
Average
Compensation
Actually Paid
for
Non-PEO

NEOs
(2)
 
 
Value of Fixed $100 Investment
Based On:
 
 
Net
Income (Loss)
 
 
EBITDA Excluding
Other Costs
(4)
 
Year
 
DNOW
Total Shareholder
Return
(3)
 
 
PHLX Oil Service
Sector Index Total
Shareholder
Return
(3)
 
2022
 
$
5,462,901
 
 
$
10,768,763
 
 
 
—  
 
 
 
—  
 
 
$
1,439,842
 
 
$
2,398,329
 
 
$
113
 
 
$
113
 
 
$
128,000,000
 
 
$
175,000,000
 
2021
 
$
5,988,481
 
 
$
5,291,709
 
 
 
—  
 
 
 
—  
 
 
$
1,329,206
 
 
$
1,239,451
 
 
$
76
 
 
$
70
 
 
$
5,000,000
 
 
$
45,000,000
 
2020
 
$
1,274,988
 
 
$
90,220
 
 
$
675,231
 
 
($
537,929
 
$
519,014
 
 
$
133,931
 
 
$
64
 
 
$
58
 
 
($
427,000,000
 
($
47,000,000
 
(1)
Mr. Cherechinsky served as our principal executive officer for the full year for each of 2022 and 2021 and for a portion of 2020 (“PEO 1”). Mr. Alario served as our principal executive officer for a portion of 2020 (“PEO 2”). For each of 2022, 2021, and 2020, our
non-PEO
named executive officers included Mr. Johnson, Mr. Chang, Ms. Munson, and Ms. Surratt.
 
PEOs Compensation Actually Paid Calculation Detail
 
 
 
Year
 
Compensation Element
 
2020 (PEO 1)
 
 
2021 (PEO 1)
 
 
2022 (PEO 1)
 
 
2020 (PEO 2)
 
SCT Reported Total Compensation
 
$
1,274,988
 
 
$
5,988,481
 
 
$
5,462,901
 
 
$
675,231
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate SCT Reported Equity Compensation (-)
 
$
706,204
 
 
$
4,305,835
 
 
$
3,232,886
 
 
$
0
 
Year-End
Fair Value of Awards Granted During the FY & Outstanding (+)
 
$
509,175
 
 
$
3,548,758
 
 
$
5,111,796
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Outstanding (+)
 
($
647,694
 
$
53,500
 
 
$
3,436,810
 
 
$
0
 
Vesting Date Fair Value of Awards Granted & Vested During the Covered FY (+)
 
$
0
 
 
$
0
 
 
$
0
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Vesting During Covered FY (+)
 
($
340,044
 
$
146,501
 
 
$
62,412
 
 
($
1,213,160
Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY (-)
 
$
0
 
 
$
139,696
 
 
$
72,271
 
 
$
0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Compensation Actually Paid Determination
 
$
90,220
 
 
$
5,291,709
 
 
$
10,768,763
 
 
($
537,929
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-PEO
NEOs Average Compensation Actually Paid Calculation Detail
 
 
 
Year
 
Compensation Element
 
2020
 
 
2021
 
 
2022
 
SCT Reported Total Compensation
 
$
519,014
 
 
$
1,329,206
 
 
$
1,439,842
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate SCT Reported Equity Compensation (-)
 
$
263,181
 
 
$
667,673
 
 
$
579,239
 
Year-End
Fair Value of Awards Granted During the FY & Outstanding (+)
 
$
189,733
 
 
$
550,281
 
 
$
915,878
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Outstanding (+)
 
($
189,765
 
$
20,191
 
 
$
626,032
 
Vesting Date Fair Value of Awards Granted & Vested During the Covered FY (+)
 
$
0
 
 
$
0
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Vesting During Covered FY (+)
 
($
121,870
 
$
46,999
 
 
$
16,281
 
Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY (-)
 
$
0
 
 
$
39,553
 
 
$
20,465
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Compensation Actually Paid Determination
 
$
133,931
 
 
$
1,239,451
 
 
$
2,398,329
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2)
Equity compensation fair value calculated based on assumptions determined in accordance with FASB ASC Topic 718.
(3)
For each of 2022, 2021 and 2020, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2019. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2019 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. For purposes of this pay versus performance disclosure, our peer group consists of the
 
 
PHLX Oil Service Sector Index. For purposes of calculating the Peer Group total shareholder return, the returns of each component issuer of the group were weighted according to the respective issuers’ stock market capitalization at the beginning of the Measurement Period. Because fiscal years are presented in the table in reverse chronical order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.
(4)
EBITDA excluding other costs (referred to as “EBITDA” within this document) is reconciled in the Company’s 2022 Form
10-K
to the most comparable GAAP financial measure. This financial measure excludes the impact of certain other amounts and is not calculated in accordance with GAAP.
   
Company Selected Measure Name EBITDA excluding other costs    
Named Executive Officers, Footnote [Text Block] For each of 2022, 2021, and 2020, our
non-PEO
named executive officers included Mr. Johnson, Mr. Chang, Ms. Munson, and Ms. Surratt.
   
Peer Group Issuers, Footnote [Text Block]
(3)
For each of 2022, 2021 and 2020, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2019. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2019 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. For purposes of this pay versus performance disclosure, our peer group consists of the
 
 
PHLX Oil Service Sector Index. For purposes of calculating the Peer Group total shareholder return, the returns of each component issuer of the group were weighted according to the respective issuers’ stock market capitalization at the beginning of the Measurement Period. Because fiscal years are presented in the table in reverse chronical order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.
   
Adjustment To PEO Compensation, Footnote [Text Block]
PEOs Compensation Actually Paid Calculation Detail
 
 
 
Year
 
Compensation Element
 
2020 (PEO 1)
 
 
2021 (PEO 1)
 
 
2022 (PEO 1)
 
 
2020 (PEO 2)
 
SCT Reported Total Compensation
 
$
1,274,988
 
 
$
5,988,481
 
 
$
5,462,901
 
 
$
675,231
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate SCT Reported Equity Compensation (-)
 
$
706,204
 
 
$
4,305,835
 
 
$
3,232,886
 
 
$
0
 
Year-End
Fair Value of Awards Granted During the FY & Outstanding (+)
 
$
509,175
 
 
$
3,548,758
 
 
$
5,111,796
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Outstanding (+)
 
($
647,694
 
$
53,500
 
 
$
3,436,810
 
 
$
0
 
Vesting Date Fair Value of Awards Granted & Vested During the Covered FY (+)
 
$
0
 
 
$
0
 
 
$
0
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Vesting During Covered FY (+)
 
($
340,044
 
$
146,501
 
 
$
62,412
 
 
($
1,213,160
Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY (-)
 
$
0
 
 
$
139,696
 
 
$
72,271
 
 
$
0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Compensation Actually Paid Determination
 
$
90,220
 
 
$
5,291,709
 
 
$
10,768,763
 
 
($
537,929
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
Non-PEO NEO Average Total Compensation Amount $ 1,439,842 $ 1,329,206 $ 519,014
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,398,329 1,239,451 133,931
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Non-PEO
NEOs Average Compensation Actually Paid Calculation Detail
 
 
 
Year
 
Compensation Element
 
2020
 
 
2021
 
 
2022
 
SCT Reported Total Compensation
 
$
519,014
 
 
$
1,329,206
 
 
$
1,439,842
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate SCT Reported Equity Compensation (-)
 
$
263,181
 
 
$
667,673
 
 
$
579,239
 
Year-End
Fair Value of Awards Granted During the FY & Outstanding (+)
 
$
189,733
 
 
$
550,281
 
 
$
915,878
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Outstanding (+)
 
($
189,765
 
$
20,191
 
 
$
626,032
 
Vesting Date Fair Value of Awards Granted & Vested During the Covered FY (+)
 
$
0
 
 
$
0
 
 
$
0
 
Year-Over-Year Change in Fair Value of Awards Granted During Prior FY & Vesting During Covered FY (+)
 
($
121,870
 
$
46,999
 
 
$
16,281
 
Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY (-)
 
$
0
 
 
$
39,553
 
 
$
20,465
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Compensation Actually Paid Determination
 
$
133,931
 
 
$
1,239,451
 
 
$
2,398,329
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]    
Compensation Actually Paid vs. Net Income [Text Block]    
Compensation Actually Paid vs. Company Selected Measure [Text Block]    
Tabular List [Table Text Block]
The following table lists the most important performance measures that we believe represent the most important performance measures used to link compensation actually paid to our PEO and
non-PEO
NEOs for 2022 to our performance:
 
EBITDA Excluding Other Costs
 
Net Working Capital (NWC)
 
Return on Capital Employed (ROCE)
 
Relative TSR (rTSR)
   
Total Shareholder Return Amount $ 113 76 64
Peer Group Total Shareholder Return Amount 113 70 58
Net Income (Loss) $ 128,000,000 $ 5,000,000 $ (427,000,000)
Company Selected Measure Amount 175,000,000 45,000,000 (47,000,000)
PEO Name Mr. Cherechinsky Mr. Cherechinsky Mr. Alario
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name EBITDA Excluding Other Costs    
Non-GAAP Measure Description [Text Block] EBITDA excluding other costs (referred to as “EBITDA” within this document) is reconciled in the Company’s 2022 Form
10-K
to the most comparable GAAP financial measure. This financial measure excludes the impact of certain other amounts and is not calculated in accordance with GAAP.
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Net Working Capital (NWC)    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Capital Employed (ROCE)    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR (rTSR)    
Mr Cherechinsky [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 5,462,901 $ 5,988,481 $ 1,274,988
PEO Actually Paid Compensation Amount 10,768,763 5,291,709 90,220
Mr Alario [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount 0 0 675,231
PEO Actually Paid Compensation Amount 0 0 (537,929)
PEO [Member] | Mr Cherechinsky [Member] | Reported Equity Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,232,886 4,305,835 706,204
PEO [Member] | Mr Cherechinsky [Member] | Year End Fair Value of Awards Granted During the FY and Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 5,111,796 3,548,758 509,175
PEO [Member] | Mr Cherechinsky [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 3,436,810 53,500 (647,694)
PEO [Member] | Mr Cherechinsky [Member] | Vesting Date Fair Value of Awards Granted Vested During the Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Mr Cherechinsky [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Vesting During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 62,412 146,501 (340,044)
PEO [Member] | Mr Cherechinsky [Member] | Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 72,271 139,696 0
PEO [Member] | Mr Alario [Member] | Reported Equity Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
PEO [Member] | Mr Alario [Member] | Year End Fair Value of Awards Granted During the FY and Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
PEO [Member] | Mr Alario [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
PEO [Member] | Mr Alario [Member] | Vesting Date Fair Value of Awards Granted Vested During the Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
PEO [Member] | Mr Alario [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Vesting During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     (1,213,160)
PEO [Member] | Mr Alario [Member] | Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     0
Non-PEO NEO [Member] | Reported Equity Compensation [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 579,239 667,673 263,181
Non-PEO NEO [Member] | Year End Fair Value of Awards Granted During the FY and Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 915,878 550,281 189,733
Non-PEO NEO [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Outstanding [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 626,032 20,191 (189,765)
Non-PEO NEO [Member] | Vesting Date Fair Value of Awards Granted Vested During the Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Year Over Year Change in Fair Value of Awards Granted During Prior FY Vesting During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 16,281 46,999 (121,870)
Non-PEO NEO [Member] | Prior FYE Value of Awards Determined to Fail to Meet Vesting Conditions During Covered FY [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 20,465 $ 39,553 $ 0