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Discontinued Operations (Tables) | 3 Months Ended
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Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule Of Significant Items Included In Income From Discontinued Operations | Net assets related to the Sale Transaction consisted of the following:
(In thousands) | March 31, 2025 |  | December 31, 2024
Receivables due from the Purchaser | $ | 5,313 |  |  | $ | 15,978 |
Estimated deferred consideration due from the Purchaser | 3,550 |  |  | 3,550 |
Note receivable due from the Purchaser | 5,000 |  |  | 5,000 |
Estimated liabilities due to the Purchaser | (6,488) |  |  | (6,488) |
Net assets due from the Purchaser | $ | 7,375 |  |  | $ | 18,040 |
The following table summarizes the significant items included in income (loss) from discontinued operations in the condensed consolidated statements of operations for the three months ended March 31, 2025 and 2024.
| First Quarter
(In thousands) | 2025 |  | 2024
Revenues | $ | — |  |  | $ | 120,140 |
Cost of revenues | — |  |  | 103,262 |
Selling, general and administrative expenses | 395 |  |  | 12,764 |
Other operating (income) loss, net | — |  |  | (779) |
Operating income (loss) from discontinued operations | (395) |  |  | 4,893 |
Foreign currency exchange (gain) loss | 71 |  |  | (276) |
Interest expense, net | 5 |  |  | 990 |
Income (loss) from discontinued operations before income taxes | (471) |  |  | 4,179 |
Provision (benefit) for income taxes from discontinued operations | (99) |  |  | 940 |
Income (loss) from discontinued operations | $ | (372) |  |  | $ | 3,239 |
For the three months ended March 31, 2025 and 2024, significant operating and investing items related to the former Fluids Systems segment were as follows:
| First Quarter
(In thousands) | 2025 |  | 2024
Operating activities of discontinued operations: |  |  |
Depreciation and amortization | $ | — |  |  | $ | 1,745 |
Investing activities of discontinued operations: |  |  |
Capital expenditures | $ | — |  |  | $ | 682 |

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