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Basis of Presentation and Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2016
Summary of Significant Accounting Policies (Tables) |
Inventories Table |
| June 30, 2016 |  | December 31, 2015
| (In Thousands)
Finished goods | $ | 63,696 |  |  | $ | 54,587 |
Raw materials | 3,118 |  |  | 1,731 |
Parts and supplies | 37,830 |  |  | 37,379 |
Work in progress | 19,671 |  |  | 23,312 |
Total inventories | $ | 124,315 |  |  | $ | 117,009 |
Weighted Average Shares Outstanding Table |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
| (In Thousands)
Number of weighted average common shares outstanding | 81,842 |  |  | 79,165 |  |  | 80,631 |  |  | 79,037 |
Assumed exercise of stock awards | — |  |  | 750 |  |  | — |  |  | 469 |
Average diluted shares outstanding | 81,842 |  |  | 79,915 |  |  | 80,631 |  |  | 79,506 |
Services and Rentals Revenues Table |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
| (In Thousands)
Rental revenue | $ | 11,865 |  |  | $ | 42,475 |  |  | $ | 25,966 |  |  | $ | 91,998 |
Cost of rental revenue | $ | 10,620 |  |  | $ | 17,914 |  |  | $ | 22,866 |  |  | $ | 42,436 |
Schedule of Goodwill Table |
|  | Fluids |  | Production Testing |  | Compression |  | Offshore Services |  | Maritech |  | Total
|  | (In Thousands)
Balance as of December 31, 2014 |  | 6,636 |  |  | 53,682 |  |  | 233,548 |  |  | — |  |  | — |  |  | 293,866 |
Goodwill adjustments |  | — |  |  | (39,775 | ) |  | (141,146 | ) |  | — |  |  | — |  |  | (180,921 | )
Balance as of December 31, 2015 |  | 6,636 |  |  | 13,907 |  |  | 92,402 |  |  | — |  |  | — |  |  | 112,945 |
Goodwill adjustments |  | — |  |  | (13,907 | ) |  | (92,402 | ) |  | — |  |  | — |  |  | (106,309 | )
Balance as of June 30, 2016 |  | $ | 6,636 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,636 |
Fair Value Measurements on a Recurring Basis Table |
|  |  | Fair Value Measurements Using
| Total as of |  | Quoted Prices in Active Markets for Identical Assets or Liabilities |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
Description | June 30, 2016 |  | (Level 1) |  | (Level 2) |  | (Level 3)
| (In Thousands)
Asset for foreign currency derivative contracts | $ | 271 |  |  | — |  |  | 271 |  |  | — |
Liability for foreign currency derivative contracts | (745 | ) |  | — |  |  | (745 | ) |  | — |
Net liability | $ | (474 | ) |  |  |  |  |  |
|  |  | Fair Value Measurements Using
| Total as of |  | Quoted Prices in Active Markets for Identical Assets or Liabilities |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
Description | Dec 31, 2015 |  | (Level 1) |  | (Level 2) |  | (Level 3)
| (In Thousands)
Asset for foreign currency derivative contracts | $ | 23 |  |  | $ | — |  |  | 23 |  |  | — |
Liability for foreign currency derivative contracts | (385 | ) |  | — |  |  | (385 | ) |  | — |
Acquisition contingent consideration liability | — |  |  | — |  |  | — |  |  | — |
Net liability | $ | (362 | ) |  |  |  |  |  |
During the first quarter of 2016, in connection with the review of goodwill impairment of our Compression and Production Testing Divisions, these segments recorded total impairment charges of $117.1 million, reflecting the decreased fair value for certain assets. For further discussion, see "Goodwill" and "Impairment of Long-Lived Assets" section above. The fair values used in these impairment calculations were estimated based on a variety of measurements, including current replacement cost and discounted estimated future cash flows, all of which are based on significant unobservable inputs (a level 3 fair value measurement) in accordance with the fair value hierarchy. A summary of these nonrecurring fair value measurements as of June 30, 2016, using the fair value hierarchy is as follows:
|  |  |  | Fair Value Measurements Using |  |
|  | Total as of |  | Quoted Prices in Active Markets for Identical Assets or Liabilities |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs |  | Year-to-Date Impairment
Description |  | Jun 30, 2016 |  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Losses
|  | (In Thousands)
Compression intangible assets |  | $ | — |  |  | — |  |  | — |  |  | — |  |  | $ | 7,865 |
Compression goodwill |  | — |  |  | — |  |  | — |  |  | — |  |  | 92,333 |
Production Testing intangible assets |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,805 |
Production Testing goodwill |  | — |  |  | — |  |  | — |  |  | — |  |  | 13,872 |
Other |  | — |  |  | — |  |  | — |  |  | — |  |  | 257 |
Total |  | $ | — |  |  |  |  |  |  |  |  | $ | 117,132 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
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- Definition Tabular disclosure of the recognition of revenue arrangements under which the entity does or will perform multiple revenue-generating activities, categorized by type of arrangement. This item includes certain revenue arrangements that include software elements. This item does not include multiple-deliverable arrangements for industries that prepare disclosures under specific requirements (for instance, construction-type and production-type contracts) otherwise provided for in the taxonomy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 25 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68059916&loc=d3e50766-111635 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 25 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68059916&loc=SL6750900-111635 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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