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Segments and Related Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by business segment for each of the three years ended December 31, 2021, 2020 and 2019, is summarized in the following table (in thousands).

			Revenues						Depreciation and amortization						Operating income (loss)						Capital expenditures						Total assets
2021
Offshore/Manufactured Products			$	298,729					$	22,190					$	15,447					$	4,628					$	541,346
Downhole Technologies(1)			103,492						17,591						(13,470)						901						267,468
Well Site Services(2)			170,940						40,152						(34,511)						10,977						200,874
Corporate			—						808						(32,258)						1,011						76,060
Total			$	573,161					$	80,741					$	(64,792)					$	17,517					$	1,085,748
2020
Offshore/Manufactured Products(3)			$	340,300					$	21,881					$	(80,794)					$	2,913					$	547,962
Downhole Technologies(4)			97,936						22,649						(224,414)						3,230						280,096
Well Site Services(5)			199,839						53,240						(193,388)						6,937						244,932
Corporate			—						773						(35,744)						(331)						79,270
Total			$	638,075					$	98,543					$	(534,340)					$	12,749					$	1,152,260
2019
Offshore/Manufactured Products			$	402,946					$	22,842					$	36,022					$	7,692					$	677,036
Downhole Technologies(6)			182,314						21,247						(164,008)						13,808						529,677
Well Site Services(7)			432,094						78,413						(55,040)						33,470						478,249
Corporate			—						817						(45,154)						1,146						42,905
Total			$	1,017,354					$	123,319					$	(228,180)					$	56,116					$	1,727,867

________________

(1)Operating loss included a non-cash inventory impairment charge of $2.1 million.

(2)Operating loss included non-cash inventory and fixed and operating lease asset impairment charges of $1.5 million and $4.2 million, respectively.

(3)Operating loss included non-cash goodwill and inventory impairment charges of $86.5 million and $16.2 million, respectively.

(4)Operating loss included non-cash goodwill, inventory and fixed and operating lease impairment charges of $192.5 million, $5.9 million and $3.6 million, respectively.

(5)Operating loss included non-cash goodwill, inventory and fixed asset impairment charges of $127.1 million, $9.0 million and $8.8 million, respectively.

(6)Operating loss included a non-cash goodwill impairment charge of $165.0 million.

(7)Operating loss included a non-cash fixed asset impairment charge of $33.7 million.

See Note 3, "Asset Impairments and Other Restructuring Items," and Note 4, "Details of Selected Balance Sheet Accounts," for further discussion of these and other charges and benefits.

Supplemental Revenue Information by Segments

The following tables provide supplemental disaggregated revenue from contracts with customers by operating segment for the years ended December 31, 2021, 2020 and 2019 (in thousands):

			Offshore/Manufactured Products																		Downhole Technologies																		Well Site Services
			2021						2020						2019						2021						2020						2019						2021						2020						2019
Major revenue categories -
Project-driven products			$	122,097					$	165,497					$	159,205					$	—					$	—					$	—					$	—					$	—					$	—
Short-cycle:
Completion products and services			41,640						26,148						95,806						103,492						97,936						182,314						160,881						191,529						390,748
Drilling services			—						—						—						—						—						—						10,059						8,310						41,346
Other products			23,534						21,994						27,416						—						—						—						—						—						—
Total short-cycle			65,174						48,142						123,222						103,492						97,936						182,314						170,940						199,839						432,094
Other products and services			111,458						126,661						120,519						—						—						—						—						—						—
			$	298,729					$	340,300					$	402,946					$	103,492					$	97,936					$	182,314					$	170,940					$	199,839					$	432,094

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Financial information by geographic location for the years ended December 31, 2021, 2020 and 2019, is summarized below (in thousands). Revenues are attributable to countries based on the location of the entity selling the products or performing the services and include export sales. Long-lived assets are attributable to countries based on the physical location of the operations and its operating assets and do not include intercompany receivable balances.

			United States						United Kingdom						Singapore						Other						Total
2021
Revenues from unaffiliated customers			$	447,002					$	59,352					$	35,886					$	30,921					$	573,161
Long-lived assets			487,749						79,723						15,202						43,459						626,133
2020
Revenues from unaffiliated customers			$	463,382					$	76,808					$	57,513					$	40,372					$	638,075
Long-lived assets			554,926						78,622						16,509						48,883						698,940
2019
Revenues from unaffiliated customers			$	831,317					$	70,641					$	56,170					$	59,226					$	1,017,354
Long-lived assets			1,046,250						81,855						18,260						69,372						1,215,737

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