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IMPAIRMENTS AND OTHER COSTS (Tables)

12 Months Ended

Dec. 31, 2020

IMPAIRMENTS AND OTHER COSTS

Schedule of impairment, severance, yard closure and lease abandonment costs

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31,
​		2020		​	2019			2018
​	​	(in thousands)
​	​	​	​	​	​	​	​	​	​
Impairment of goodwill and trademark	​	​	​	​	​	​	​	​	​
Water Services	​	$	186,468	​	$	—	​	$	—
Water Infrastructure	​	​	80,466	​	​	—	​	​	—
Oilfield Chemicals	​	​	9,082	​	​	—	​	​	12,652
Other	​	​	—	​	​	4,396	​	​	5,242
Total impairment of goodwill and trademark	​	$	276,016	​	$	4,396	​	$	17,894

​

For a discussion of the impairments to goodwill and trademark, See Note 9—Goodwill and Other Intangible Assets.

​

A summary of impairments to and abandonment of property and equipment for the years ended December 31, 2020, 2019 and 2018 is as follows:

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31,
​	​	2020		​	2019			2018
​	​	(in thousands)
​	​	​	​	​	​	​	​	​	​
Impairment and abandonment of property and equipment	​	​	​	​	​	​	​	​	​
Water Services	​	$	3,894	​	$	969	​	$	—
Water Infrastructure	​	​	4,016	​	​	1,804	​	​	2,282
Other	​	​	—	​	​	942	​	​	4,375
Total impairment and abandonment of property and equipment	​	$	7,910	​	$	3,715	​	$	6,657

​

For the year ended December 31, 2020, impairment and abandonment costs of $7.9 million were comprised of leasehold improvements related to abandoned facilities, abandonment of certain saltwater and freshwater wells and obsolete machinery and equipment. For the year ended December 31, 2019, the Company impaired $3.7 million of property and equipment as the carrying values were not deemed recoverable including $1.1 million of pipelines with low utilization, $1.0 million of layflat hose considered obsolete, $0.9 million related to divesting Canadian fixed assets, and $0.6 million related to an owned facility for sale. For the year ended December 31, 2018, the Company determined that long-lived assets with a carrying value of $2.3 million were no longer recoverable and were written down to their estimated fair value of zero. Additionally, the Company determined that $4.4 million of Canadian fixed assets were impaired due to an expectation of a loss on asset disposals.

​

A summary of severance, yard closure, and lease abandonment costs for the years ended December 31, 2020, 2019 and 2018 is as follows:

​

​

​

​

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31,
​	​	2020		​	2019			2018
​	​	(in thousands)
​	​	​	​	​	​	​	​	​	​
Severance	​	​	​	​	​	​	​	​	​
Water Services	​	$	4,569	​	$	—	​	$	538
Water Infrastructure	​	​	500	​	​	—	​	​	—
Oilfield Chemicals	​	​	813	​	​	—	​	​	—
Other	​	​	1,286	​	​	1,691	​	​	682
Total severance expense	​	$	7,168	​	$	1,691	​	$	1,220
​	​	​	​	​	​	​	​	​	​
Yard closure costs	​	​	​	​	​	​	​	​	​
Water Services	​	$	2,645	​	$	—	​	$	—
Oilfield Chemicals	​	​	316	​	​	—	​	​	—
Total yard closure costs	​	$	2,961	​	$	—	​	$	—
​	​	​	​	​	​	​	​	​	​
Lease abandonment costs	​	​	​	​	​	​	​	​	​
Water Services	​	$	4,321	​	$	1,218	​	$	2,150
Water Infrastructure	​	​	51	​	​	—	​	​	—
Oilfield Chemicals	​	​	42	​	​	11	​	​	28
Other	​	​	(64)	​	​	844	​	​	1,747
Total lease abandonment costs	​	$	4,350	​	$	2,073	​	$	3,925

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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