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Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Disaggregation of Revenue

The following tables presents our revenue disaggregated by geography, based on the location where our services were provided and products sold (in thousands):

			Year Ended December 31, 2020
			Tubular Running Services						Tubulars						Cementing Equipment						Consolidated
United States			$	84,192					$	34,318					$	36,731					$	155,241
International			185,519						19,350						30,248						235,117
Total Revenue			$	269,711					$	53,668					$	66,979					$	390,358

			Year Ended December 31, 2019
			Tubular Running Services						Tubulars						Cementing Equipment						Consolidated
United States			$	147,547					$	63,087					$	82,538					$	293,172
International			252,780						11,600						22,368						286,748
Total Revenue			$	400,327					$	74,687					$	104,906					$	579,920

			Year Ended December 31, 2018
			Tubular Running Services						Tubulars						Cementing Equipment						Consolidated
United States			$	142,262					$	66,017					$	72,316					$	280,595
International			218,783						6,286						16,829						241,898
Total Revenue			$	361,045					$	72,303					$	89,145					$	522,493

Revenue by geographic area was as follows (in thousands):

									Year Ended
									December 31,
															2020						2019						2018
United States															$	155,241					$	293,172					$	280,595
Europe/Middle East/Africa															101,693						155,278						127,968
Latin America															87,517						72,720						46,553
Asia Pacific															34,094						35,909						35,327
Other countries															11,813						22,841						32,050
Total Revenue															$	390,358					$	579,920					$	522,493

Reconciliation of Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization from Segments to Consolidated

The following table presents a reconciliation of Segment Adjusted EBITDA to net loss (in thousands):

			Year Ended December 31,
			2020						2019						2018
Segment Adjusted EBITDA:
Tubular Running Services			$	22,171					$	85,601					$	62,515
Tubulars			7,765						11,575						11,246
Cementing Equipment			10,780						14,089						8,617
Corporate (1)			(31,720)						(53,744)						(49,146)
Total			8,996						57,521						33,232
Goodwill impairment			(57,146)						(111,108)						—
Severance and other (charges) credits, net			(33,023)						(50,430)						310
Interest income, net			712						2,265						4,243
Income tax benefit (expense)			4,081						(23,794)						2,950
Depreciation and amortization			(70,169)						(92,800)						(111,292)
Gain (loss) on disposal of assets			1,424						(1,037)						1,309
Foreign currency loss			(211)						(2,233)						(5,675)
TRA related adjustments (2)			—						220						(1,359)
Charges and credits (3)			(10,884)						(13,933)						(14,451)
Net loss			$	(156,220)					$	(235,329)					$	(90,733)

(1)    Includes certain expenses not attributable to a particular segment, such as costs related to support functions and corporate executives.

(2)    Please see Note 11—Related Party Transactions for further discussion.

(3)    Comprised of Equity-based compensation expense (2020: $11,010; 2019: $11,280; 2018: $10,621), Mergers and acquisition expense (2020: none; 2019: none; 2018: $58), Unrealized and realized gains (2020: $1,378; 2019: $228; 2018: $1,682), Investigation-related matters (2020: $1,868; 2019: $3,838; 2018: $5,454) and Other adjustments (2020: $616; 2019: $957; 2018: none).

Schedule of Segment Reporting Information, by Segment

The following table sets forth certain financial information with respect to our reportable segments (in thousands):

			Tubular Running Services						Tubulars						Cementing Equipment						Corporate						Total
Year Ended December 31, 2020
Revenue from external customers			$	269,711					$	53,668					$	66,979					$	—					$	390,358
Operating income (loss)			(39,470)						3,223						(76,591)						(50,054)						(162,892)
Adjusted EBITDA			22,171						7,765						10,780						(31,720)						*
Depreciation and amortization			51,528						3,526						9,011						6,104						70,169
Purchases of property, plant and equipment and intangibles			16,049						3,132						6,327						2,965						28,473
Year Ended December 31, 2019
Revenue from external customers			$	400,327					$	74,687					$	104,906					$	—					$	579,920
Operating income (loss)			(3,900)						7,344						(124,597)						(91,737)						(212,890)
Adjusted EBITDA			85,601						11,575						14,089						(53,744)						*
Depreciation and amortization			61,036						2,903						16,130						12,731						92,800
Purchases of property, plant and equipment and intangibles			16,086						2,859						16,374						1,623						36,942
Year Ended December 31, 2018
Revenue from external customers			$	361,045					$	72,303					$	89,145					$	—					$	522,493
Operating loss			(16,886)						7,616						(9,313)						(74,298)						(92,881)
Adjusted EBITDA			62,515						11,246						8,617						(49,146)						*
Depreciation and amortization			80,009						3,371						16,324						11,588						111,292
Purchases of property, plant and equipment and intangibles			7,824						1,838						7,583						39,226						56,471

    * Non-GAAP financial measure not disclosed.The following table presents property, plant and equipment (“PP&E”) by segment.

			December 31,
			2020						2019
Long-Lived Assets (PP&E)
Tubular Running Services			$	90,955					$	132,626
Tubulars			14,782						15,162
Cementing Equipment			23,441						34,184
Corporate and shared assets			143,529						146,460
Total			$	272,707					$	328,432

Schedule of Disclosure on Geographic Areas, Long-Lived Assets

			December 31,
			2020						2019
Long-Lived Assets (PP&E)
United States			$	162,032					$	207,227
International			110,675						121,205
			$	272,707					$	328,432

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