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Segments and Related Information (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information by operating segment for the three months ended March 31, 2023 and 2022 is summarized in the following tables (in thousands).
| Revenues |  | Depreciation and amortization |  | Operating income (loss) |  | Capital expenditures |  | Total assets
Three Months Ended March 31, 2023 |  |  |  |  |  |  |  |  |
Offshore/Manufactured Products | $ | 98,199 |  |  | $ | 4,668 |  |  | $ | 11,090 |  |  | $ | 535 |  |  | $ | 548,439 |
Well Site Services | 67,058 |  |  | 6,146 |  |  | 6,966 |  |  | 5,772 |  |  | 212,415 |
Downhole Technologies | 30,942 |  |  | 4,275 |  |  | (1,519) |  |  | 249 |  |  | 256,095 |
Corporate | — |  |  | 167 |  |  | (10,662) |  |  | 12 |  |  | 33,188 |
Total | $ | 196,199 |  |  | $ | 15,256 |  |  | $ | 5,875 |  |  | $ | 6,568 |  |  | $ | 1,050,137 |
| Revenues |  | Depreciation and amortization |  | Operating income (loss) |  | Capital expenditures |  | Total assets
Three Months Ended March 31, 2022 |  |  |  |  |  |  |  |  |
Offshore/Manufactured Products | $ | 84,112 |  |  | $ | 5,330 |  |  | $ | 10,196 |  |  | $ | 902 |  |  | $ | 559,877 |
Well Site Services | 48,172 |  |  | 7,932 |  |  | (3,395) |  |  | 1,548 |  |  | 197,077 |
Downhole Technologies | 31,760 |  |  | 4,384 |  |  | (1,505) |  |  | 317 |  |  | 265,958 |
Corporate | — |  |  | 171 |  |  | (9,632) |  |  | 91 |  |  | 55,053 |
Total | $ | 164,044 |  |  | $ | 17,817 |  |  | $ | (4,336) |  |  | $ | 2,858 |  |  | $ | 1,077,965 |
Schedule of Supplemental Revenue Information by Segments | The following tables provide supplemental disaggregated revenue from contracts with customers by operating segment for the three months ended March 31, 2023 and 2022 (in thousands):
| Offshore/Manufactured Products |  | Well Site Services |  | Downhole Technologies |  | Total
| 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2023 |  | 2022
Three Months Ended March 31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Major revenue categories - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Project-driven products | $ | 39,132 |  |  | $ | 33,844 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 39,132 |  |  | $ | 33,844 |
Short-cycle: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Completion products and services | 17,955 |  |  | 13,580 |  |  | 65,406 |  |  | 45,166 |  |  | 30,942 |  |  | 31,760 |  |  | 114,303 |  |  | 90,506 |
Drilling services | — |  |  | — |  |  | 1,652 |  |  | 3,006 |  |  | — |  |  | — |  |  | 1,652 |  |  | 3,006 |
Other products | 9,485 |  |  | 7,044 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 9,485 |  |  | 7,044 |
Total short-cycle | 27,440 |  |  | 20,624 |  |  | 67,058 |  |  | 48,172 |  |  | 30,942 |  |  | 31,760 |  |  | 125,440 |  |  | 100,556 |
Other products and services | 31,627 |  |  | 29,644 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 31,627 |  |  | 29,644 |
| $ | 98,199 |  |  | $ | 84,112 |  |  | $ | 67,058 |  |  | $ | 48,172 |  |  | $ | 30,942 |  |  | $ | 31,760 |  |  | $ | 196,199 |  |  | $ | 164,044 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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