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Note 3 - Business Combinations and Dispositions (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

						Per share				Amount
		Shares issued				price				(in thousands)
Issuance of common stock attributable to Frank’s stockholders			38,066,216			$	18.90			$	719,452
Replacement of Frank’s equity awards											7,830
Cash payment to Mosing Holdings LLC pursuant to the amended and restated tax receivable agreement											15,000
Total Merger Consideration Exchanged										$	742,282

		Initial allocation of the consideration				Measurement period adjustments				Allocation of consideration as of September 30, 2022
Cash and cash equivalents		$	187,178			$	-			$	187,178
Restricted cash			2,561				-				2,561
Accounts receivables, net			112,234				(1,020	)			111,214
Inventories			69,567				(109	)			69,458
Assets held for sale			10,061				-				10,061
Income tax receivables			2,030				-				2,030
Other current assets			23,908				(862	)			23,046
Property, plant and equipment			212,639				(2,479	)			210,160
Goodwill			154,399				41,077				195,476
Intangible assets			104,791				-				104,791
Operating lease right-of-use assets			27,406				-				27,406
Other assets			20,494				(70	)			20,424
Total assets			927,268				36,537				963,804
Accounts payable and accrued liabilities			81,959				3,876				85,835
Operating lease liabilities			8,344				-				8,344
Current income tax liabilities			8,932				9,862				18,794
Other current liabilities			19,918				12,108				32,026
Deferred tax liabilities			5,673				-				5,673
Non-current operating lease liabilities			19,607				-				19,607
Other non-current liabilities			40,553				10,691				51,244
Total Liabilities			184,986				36,537				221,523
Total Merger Consideration Exchanged		$	742,282			$	(0	)		$	742,281

Business Acquisition, Pro Forma Information [Table Text Block]

		Three Months Ended September 30, 2021				Nine Months Ended September 30, 2021
Unaudited pro forma revenues		$	312,488			$	847,686
Unaudited pro forma net loss		$	(23,455	)		$	(81,692	)

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

		NLA				ESSA				MENA				APAC				Central				Total
Balance as of December 31, 2021		$	2,057			$	2,502			$	424			$	617			$	6,615			$	12,215
Expense (reversal) during the period			(256	)			(395	)			34				401				1,282				1,066
Payments made during the period			(1,564	)			(1,491	)			(441	)			(711	)			(7,207	)			(11,414	)
Balance as of September 30, 2022		$	237			$	616			$	17			$	307			$	690			$	1,867

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

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Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

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