XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 16 - Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Notes Tables |
Disaggregation of Revenue [Table Text Block] |
|  | Three Months Ended June 30, 2021 |
|  | Tubular Running Services |  |  | Tubulars |  |  | Cementing Equipment |  |  | Consolidated |
United States |  | $ | 20,246 |  |  | $ | 10,301 |  |  | $ | 11,213 |  |  | $ | 41,760 |
International |  |  | 51,649 |  |  |  | 6,265 |  |  |  | 8,167 |  |  |  | 66,081 |
Total Revenue |  | $ | 71,895 |  |  | $ | 16,566 |  |  | $ | 19,380 |  |  | $ | 107,841 |
|  | Three Months Ended June 30, 2020 |
|  | Tubular Running Services |  |  | Tubulars |  |  | Cementing Equipment |  |  | Consolidated |
United States |  | $ | 18,874 |  |  | $ | 4,990 |  |  | $ | 7,284 |  |  | $ | 31,148 |
International |  |  | 43,453 |  |  |  | 3,751 |  |  |  | 7,749 |  |  |  | 54,953 |
Total Revenue |  | $ | 62,327 |  |  | $ | 8,741 |  |  | $ | 15,033 |  |  | $ | 86,101 |
|  | Six Months Ended June 30, 2021 |
|  | Tubular Running Services |  |  | Tubulars |  |  | Cementing Equipment |  |  | Consolidated |
United States |  | $ | 38,613 |  |  | $ | 18,294 |  |  | $ | 20,558 |  |  | $ | 77,465 |
International |  |  | 99,567 |  |  |  | 9,941 |  |  |  | 15,679 |  |  |  | 125,187 |
Total Revenue |  | $ | 138,180 |  |  | $ | 28,235 |  |  | $ | 36,237 |  |  | $ | 202,652 |
|  | Six Months Ended June 30, 2020 |
|  | Tubular Running Services |  |  | Tubulars |  |  | Cementing Equipment |  |  | Consolidated |
United States |  | $ | 49,043 |  |  | $ | 14,787 |  |  | $ | 20,815 |  |  | $ | 84,645 |
International |  |  | 102,781 |  |  |  | 6,496 |  |  |  | 15,671 |  |  |  | 124,948 |
Total Revenue |  | $ | 151,824 |  |  | $ | 21,283 |  |  | $ | 36,486 |  |  | $ | 209,593 |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
United States |  | $ | 41,760 |  |  | $ | 31,148 |  |  | $ | 77,465 |  |  | $ | 84,645 |
Europe/Middle East/Africa |  |  | 29,571 |  |  |  | 21,886 |  |  |  | 57,825 |  |  |  | 57,320 |
Latin America |  |  | 25,765 |  |  |  | 20,077 |  |  |  | 47,699 |  |  |  | 41,002 |
Asia Pacific |  |  | 8,588 |  |  |  | 8,734 |  |  |  | 16,241 |  |  |  | 18,303 |
Other countries |  |  | 2,157 |  |  |  | 4,256 |  |  |  | 3,422 |  |  |  | 8,323 |
Total Revenue |  | $ | 107,841 |  |  | $ | 86,101 |  |  | $ | 202,652 |  |  | $ | 209,593 |
Reconciliation of Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Segment Adjusted EBITDA: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tubular Running Services |  | $ | 9,750 |  |  | $ | 4,049 |  |  | $ | 17,878 |  |  | $ | 17,354 |
Tubulars |  |  | 4,108 |  |  |  | 681 |  |  |  | 4,746 |  |  |  | 2,077 |
Cementing Equipment |  |  | 4,851 |  |  |  | 886 |  |  |  | 9,647 |  |  |  | 3,430 |
Corporate (1) |  |  | (6,297 | ) |  |  | (7,308 | ) |  |  | (13,207 | ) |  |  | (17,494 | )
|  |  | 12,412 |  |  |  | (1,692 | ) |  |  | 19,064 |  |  |  | 5,367 |
Goodwill impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (57,146 | )
Severance and other charges, net |  |  | (3,399 | ) |  |  | (5,162 | ) |  |  | (10,775 | ) |  |  | (25,887 | )
Interest income (expense), net |  |  | (101 | ) |  |  | 178 |  |  |  | (388 | ) |  |  | 711 |
Depreciation and amortization |  |  | (15,332 | ) |  |  | (17,252 | ) |  |  | (31,439 | ) |  |  | (36,970 | )
Income tax (expense) benefit |  |  | (6,773 | ) |  |  | (8,986 | ) |  |  | (7,843 | ) |  |  | 6,577 |
Gain on disposal of assets |  |  | 1,479 |  |  |  | 650 |  |  |  | 1,661 |  |  |  | 590 |
Foreign currency gain (loss) |  |  | 2,718 |  |  |  | 1,693 |  |  |  | (150 | ) |  |  | (8,199 | )
Charges and credits (2) |  |  | (3,621 | ) |  |  | (3,674 | ) |  |  | (6,633 | ) |  |  | (5,266 | )
Net loss |  | $ | (12,617 | ) |  | $ | (34,245 | ) |  | $ | (36,503 | ) |  | $ | (120,223 | )
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Tubular Running Services |  |  | Tubulars |  |  | Cementing Equipment |  |  | Corporate |  |  | Total |
Three Months Ended June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 71,895 |  |  | $ | 16,566 |  |  | $ | 19,380 |  |  | $ | — |  |  | $ | 107,841 |
Operating income (loss) |  |  | (2,598 | ) |  |  | 2,407 |  |  |  | 2,337 |  |  |  | (11,011 | ) |  |  | (8,865 | )
Adjusted EBITDA |  |  | 9,750 |  |  |  | 4,108 |  |  |  | 4,851 |  |  |  | (6,297 | ) |  |  | * |
Three Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 62,327 |  |  | $ | 8,741 |  |  | $ | 15,033 |  |  | $ | — |  |  | $ | 86,101 |
Operating income (loss) |  |  | (13,252 | ) |  |  | (184 | ) |  |  | (2,486 | ) |  |  | (11,364 | ) |  |  | (27,286 | )
Adjusted EBITDA |  |  | 4,049 |  |  |  | 681 |  |  |  | 886 |  |  |  | (7,308 | ) |  |  | * |
Six Months Ended June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 138,180 |  |  | $ | 28,235 |  |  | $ | 36,237 |  |  | $ | — |  |  | $ | 202,652 |
Operating income (loss) |  |  | (8,047 | ) |  |  | 1,528 |  |  |  | 4,331 |  |  |  | (26,463 | ) |  |  | (28,651 | )
Adjusted EBITDA |  |  | 17,878 |  |  |  | 4,746 |  |  |  | 9,647 |  |  |  | (13,207 | ) |  |  | * |
Six Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 151,824 |  |  | $ | 21,283 |  |  | $ | 36,486 |  |  | $ | — |  |  | $ | 209,593 |
Operating income (loss) |  |  | (14,567 | ) |  |  | 467 |  |  |  | (79,984 | ) |  |  | (27,410 | ) |  |  | (121,494 | )
Adjusted EBITDA |  |  | 17,354 |  |  |  | 2,077 |  |  |  | 3,430 |  |  |  | (17,494 | ) |  |  | * |

X
- Definition Tabular disclosure of the reconciliation of adjusted earnings before interest, taxes, depreciation, and amortization from segments to consolidated. + References No definition available. + Details
Name: | fi_ReconciliationOfAdjustedEarningsBeforeInterestTaxesDepreciationAndAmortizationFromSegmentsToConsolidatedTableTextBlock
Namespace Prefix: | fi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration