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BUSINESS SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2021
BUSINESS SEGMENT INFORMATION |
Schedule of operating segment revenues by major service lines | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Nine months ended
​ | ​ | September 30, | ​ | September 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Technical Services: | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Pressure Pumping | ​ | $ | 96,322 | ​ | $ | 43,133 | ​ | $ | 243,401 | ​ | $ | 163,614
Downhole Tools |  | ​ | 61,979 |  | ​ | 34,331 | ​ | ​ | 177,209 |  | ​ | 148,994
Coiled Tubing |  | ​ | 26,733 |  | ​ | 12,407 | ​ | ​ | 61,900 |  | ​ | 37,619
Nitrogen |  | ​ | 8,996 |  | ​ | 8,281 | ​ | ​ | 28,195 |  | ​ | 23,834
Snubbing |  | ​ | 3,748 |  | ​ | 1,974 | ​ | ​ | 10,685 |  | ​ | 5,371
All other |  | ​ | 14,064 |  | ​ | 9,152 | ​ | ​ | 39,212 |  | ​ | 38,079
Total Technical Services | ​ | $ | 211,842 | ​ | $ | 109,278 | ​ | $ | 560,602 | ​ | $ | 417,511
Support Services: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Rental Tools | ​ | $ | 8,545 | ​ | $ | 3,752 | ​ | $ | 23,126 | ​ | $ | 19,227
All other | ​ |  | 4,923 | ​ |  | 3,558 | ​ |  | 12,949 | ​ |  | 12,927
Total Support Services | ​ | $ | 13,468 | ​ | $ | 7,310 | ​ | $ | 36,075 | ​ | $ | 32,154
Total revenues | ​ | $ | 225,310 | ​ | $ | 116,588 | ​ | $ | 596,677 | ​ | $ | 449,665
Schedule of revenue by geographical location | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended |  | Nine months ended
​ | ​ | September 30, | ​ | September 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
United States revenues | ​ | $ | 217,711 | ​ | $ | 110,823 | ​ | $ | 572,170 | ​ | $ | 421,323
International revenues |  | ​ | 7,599 |  | ​ | 5,765 | ​ | ​ | 24,507 |  | ​ | 28,342
Total revenues | ​ | $ | 225,310 | ​ | $ | 116,588 | ​ | $ | 596,677 | ​ | $ | 449,665
Schedule of segment reporting information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Nine months ended
​ | ​ | September 30, | ​ | September 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Revenues: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Technical Services | ​ | $ | 211,842 | ​ | $ | 109,278 | ​ | $ | 560,602 | ​ | $ | 417,511
Support Services | ​ |  | 13,468 | ​ |  | 7,310 | ​ |  | 36,075 | ​ |  | 32,154
Total revenues | ​ | $ | 225,310 | ​ | $ | 116,588 | ​ | $ | 596,677 | ​ | $ | 449,665
Operating income (loss): | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Technical Services | ​ | $ | 8,272 | ​ | $ | (24,941) | ​ | $ | 3,938 | ​ | $ | (71,248)
Support Services | ​ |  | (55) | ​ |  | (3,840) | ​ |  | (5,353) | ​ |  | (4,139)
Corporate Expenses | ​ |  | (3,080) | ​ |  | (6,534) | ​ |  | (9,760) | ​ |  | (13,003)
Impairment and Other Charges (1) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (207,175)
Gain on disposition of assets, net | ​ |  | 2,837 | ​ |  | 3,563 | ​ |  | 7,408 | ​ |  | 7,576
Total operating income (loss) | ​ | $ | 7,974 | ​ | $ | (31,752) | ​ | $ | (3,767) | ​ | $ | (287,989)
Interest expense | ​ |  | (1,280) | ​ |  | (73) | ​ |  | (1,763) | ​ |  | (257)
Interest income | ​ |  | 15 | ​ |  | 29 | ​ |  | 47 | ​ |  | 431
Other income (expense), net | ​ |  | 448 | ​ |  | 769 | ​ |  | 1,571 | ​ |  | (1,020)
Income (loss) before income taxes | ​ | $ | 7,157 | ​ | $ | (31,027) | ​ | $ | (3,912) | ​ | $ | (288,835)
(1) | Represents $541 related to Corporate and the remainder to Technical Services.
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of and for the nine months ended | ​ | Technical | ​ | Support | ​ | ​ | ​ | ​ | ​ | ​
September 30, 2021 |  | Services |  | Services |  | Corporate |  | Total
(in thousands) |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Depreciation and amortization | ​ | $ | 46,341 | ​ | $ | 7,232 | ​ | $ | 202 | ​ | $ | 53,775
Capital expenditures | ​ |  | 38,794 | ​ |  | 5,436 | ​ |  | 695 | ​ |  | 44,925
Identifiable assets | ​ | $ | 556,385 | ​ | $ | 74,135 | ​ | $ | 196,120 | ​ | $ | 826,640
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of and for the nine months ended | ​ | Technical | ​ | Support | ​ | ​ | ​ | ​ | ​ | ​
September 30, 2020 |  | Services |  | Services |  | Corporate |  | Total
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | $ | 77,224 | ​ | $ | 5,088 | ​ | $ | 209 | ​ | $ | 77,521
Capital expenditures | ​ |  | 43,437 | ​ |  | 8,338 | ​ |  | 538 | ​ |  | 52,313
Identifiable assets | ​ | $ | 475,168 | ​ | $ | 64,463 | ​ | $ | 261,246 | ​ | $ | 800,877

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