XML 36 R29.htm IDEA: XBRL DOCUMENT
v3.25.1

Revenue Recognition (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenues | The following table presents our third-party revenue from contracts with customers by reportable segment (see Note 17 – Segment Information) and disaggregated by major product and service lines, timing of revenue recognition, and geographical markets for the three months ended March 31, 2025 (in thousands):
Segments |  | Production Solutions |  |  | Natural Gas Technologies |  |  | Other and Eliminations |  |  | Total |
Major Product/Service Lines |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Surface Equipment (1) |  | $ |  | 54,598 |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | 54,598 |
Downhole Components |  |  |  | 61,394 |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 61,394 |
Vapor Recovery (1) |  |  |  | — |  |  |  |  | 56,616 |  |  |  |  | (45 | ) |  |  |  | 56,571 |
Natural Gas Systems |  |  |  | — |  |  |  |  | 28,881 |  |  |  |  | (9,094 | ) |  |  |  | 19,787 |
Total |  | $ |  | 115,992 |  |  | $ |  | 85,497 |  |  | $ |  | (9,139 | ) |  | $ |  | 192,350 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goods transferred at a point in time |  | $ |  | 61,394 |  |  | $ |  | 42,799 |  |  | $ |  | (9,139 | ) |  | $ |  | 95,054 |
Services transferred over time |  |  |  | 54,598 |  |  |  |  | 42,698 |  |  |  |  | — |  |  |  |  | 97,296 |
Total |  | $ |  | 115,992 |  |  | $ |  | 85,497 |  |  | $ |  | (9,139 | ) |  | $ |  | 192,350 |
Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ |  | 113,458 |  |  | $ |  | 85,298 |  |  | $ |  | (9,139 | ) |  | $ |  | 189,617 |
International |  |  |  | 2,534 |  |  |  |  | 199 |  |  |  |  | — |  |  |  |  | 2,733 |
Total |  | $ |  | 115,992 |  |  | $ |  | 85,497 |  |  | $ |  | (9,139 | ) |  | $ |  | 192,350 |
____________________________ (1) All of revenue for these service lines are recognized in accordance with ASC 842 as described within the Revenue Recognition section above. The following table presents our third-party revenue from contracts with customers by reportable segment (see Note 17 – Segment Information) and disaggregated by major product and service lines, timing of revenue recognition, and geographical markets for the three months ended March 31, 2024 (in thousands):
Segments |  | Production Solutions |  |  | Natural Gas Technologies |  |  | Other and Eliminations |  |  | Total |
Major Product/Service Lines |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Surface Equipment (1) |  | $ |  | 46,163 |  |  | $ |  | — |  |  | $ |  | — |  |  | $ |  | 46,163 |
Natural Gas Systems |  |  |  | — |  |  |  |  | 34,148 |  |  |  |  | (13,599 | ) |  |  |  | 20,549 |
Total |  | $ |  | 46,163 |  |  | $ |  | 34,148 |  |  | $ |  | (13,599 | ) |  | $ |  | 66,712 |
Timing of Revenue Recognition |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goods transferred at a point in time |  | $ |  | — |  |  | $ |  | 34,148 |  |  | $ |  | (13,599 | ) |  | $ |  | 20,549 |
Services transferred over time |  |  |  | 46,163 |  |  |  |  | - |  |  |  |  | — |  |  |  |  | 46,163 |
Total |  | $ |  | 46,163 |  |  | $ |  | 34,148 |  |  | $ |  | (13,599 | ) |  | $ |  | 66,712 |
Geographical Markets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ |  | 46,163 |  |  | $ |  | 34,148 |  |  | $ |  | (13,599 | ) |  | $ |  | 66,712 |
International |  |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | — |
Total |  | $ |  | 46,163 |  |  | $ |  | 34,148 |  |  | $ |  | (13,599 | ) |  | $ |  | 66,712 |
___________________________ (1) All of revenue for these service lines are recognized in accordance with ASC 842 as described within the Revenue Recognition section above.

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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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