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Segments and Related Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by business segment for each of the three years ended December 31, 2022, 2021 and 2020, is summarized in the following table (in thousands):

			Revenues						Depreciation and amortization						Operating income (loss)						Capital expenditures						Total assets
2022
Offshore/Manufactured Products(1)			$	381,723					$	20,451					$	45,268					$	5,857					$	556,769
Well Site Services			231,189						28,564						4,865						12,963						206,632
Downhole Technologies			124,794						17,628						(6,669)						1,271						255,550
Corporate			—						691						(40,559)						175						45,441
Total			$	737,706					$	67,334					$	2,905					$	20,266					$	1,064,392
2021
Offshore/Manufactured Products			$	298,729					$	22,190					$	15,447					$	4,628					$	541,346
Well Site Services(2)			170,940						40,152						(34,511)						10,977						200,874
Downhole Technologies(3)			103,492						17,591						(13,470)						901						267,468
Corporate			—						808						(32,258)						1,011						76,060
Total			$	573,161					$	80,741					$	(64,792)					$	17,517					$	1,085,748
2020
Offshore/Manufactured Products(4)			$	340,300					$	21,881					$	(80,794)					$	2,913					$	547,962
Well Site Services(5)			199,839						53,240						(193,388)						6,937						244,932
Downhole Technologies(6)			97,936						22,649						(224,414)						3,230						280,096
Corporate			—						773						(35,744)						(331)						79,270
Total			$	638,075					$	98,543					$	(534,340)					$	12,749					$	1,152,260

________________

(1)Operating income included a $6.1 million gain on settlement of outstanding litigation.

(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 a non-cash inventory impairment charge of $2.1 million.

(4)Operating loss included non-cash goodwill and inventory impairment charges of $86.5 million and $16.2 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 non-cash goodwill, inventory and fixed and operating lease impairment charges of $192.5 million, $5.9 million and $3.6 million, respectively.

See Note 4, "Asset Impairments and Other Charges and Benefits," and Note 5, "Details of Selected Balance Sheet Accounts," for further discussion of these and other charges and benefits.

Schedule of 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, 2022, 2021 and 2020 (in thousands):

			Offshore/Manufactured Products																		Well Site Services																		Downhole Technologies
			2022						2021						2020						2022						2021						2020						2022						2021						2020
Major revenue categories -
Project-driven products			$	158,040					$	122,097					$	165,497					$	—					$	—					$	—					$	—					$	—					$	—
Short-cycle:
Completion products and services			60,350						41,640						26,148						210,584						160,881						191,529						124,794						103,492						97,936
Drilling services			—						—						—						20,605						10,059						8,310						—						—						—
Other products			31,802						23,534						21,994						—						—						—						—						—						—
Total short-cycle			92,152						65,174						48,142						231,189						170,940						199,839						124,794						103,492						97,936
Other products and services			131,531						111,458						126,661						—						—						—						—						—						—
			$	381,723					$	298,729					$	340,300					$	231,189					$	170,940					$	199,839					$	124,794					$	103,492					$	97,936

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

Financial information by geographic location for the years ended December 31, 2022, 2021 and 2020, 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
2022
Revenues from unaffiliated customers			$	571,008					$	82,687					$	34,380					$	49,631					$	737,706
Long-lived assets			443,818						76,377						14,218						41,531						575,944
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

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