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Segments and Related Information (Tables)

3 Months Ended

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

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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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
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