XML 65 R54.htm IDEA: XBRL DOCUMENT v3.24.2
Segments and Related Information - Financial Information by Business Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]            
Revenues $ 186,383   $ 183,529 $ 353,645 $ 379,728  
Depreciation and amortization 14,698   15,537 28,893 30,793  
Operating income (loss) 2,045   3,269 (9,132) 9,144  
Capital expenditures 5,789   10,770 15,881 17,338  
Total assets 1,001,178   1,045,020 1,001,178 1,045,020 $ 1,046,486
Facility consolidation charges 3,463 $ 2,148        
Impairment of goodwill 0 10,000 0 10,000 0  
Corporate            
Segment Reporting Information [Line Items]            
Revenues 0   0 0 0  
Depreciation and amortization 149   151 302 318  
Operating income (loss) (10,636)   (10,180) (19,918) (20,842)  
Capital expenditures 9   265 20 277  
Total assets 41,551   52,553 41,551 52,553  
Facility consolidation charges 0 0        
Impairment of goodwill   0        
Offshore Manufactured Products            
Segment Reporting Information [Line Items]            
Revenues 101,556   78,647 188,413 159,152  
Facility consolidation charges 1,500     3,000    
Impairment of goodwill       0    
Offshore Manufactured Products | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 101,556   78,647 188,413 159,152  
Depreciation and amortization 4,247   4,075 7,940 8,150  
Operating income (loss) 14,357   8,838 24,960 16,536  
Capital expenditures 1,552   4,587 8,773 4,946  
Total assets 502,582   495,983 502,582 495,983  
Facility consolidation charges 1,547 1,463        
Impairment of goodwill   0        
Well Site Services            
Segment Reporting Information [Line Items]            
Revenues 46,421   64,536 93,713 131,594  
Facility consolidation and other charges 2,900     3,900    
Well Site Services | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 46,421   64,536 93,713 131,594  
Depreciation and amortization 6,047   6,564 12,126 12,710  
Operating income (loss) (535)   4,732 (954) 11,698  
Capital expenditures 3,918   5,672 6,332 11,444  
Total assets 177,098   204,437 177,098 204,437  
Facility consolidation charges 1,916 685        
Impairment of goodwill   0        
Downhole Technologies            
Segment Reporting Information [Line Items]            
Revenues 38,406   40,346 71,519 88,982  
Impairment of goodwill       10,000    
Downhole Technologies | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 38,406   40,346 71,519 88,982  
Depreciation and amortization 4,255   4,747 8,525 9,615  
Operating income (loss) (1,141)   (121) (13,220) 1,752  
Capital expenditures 310   246 756 671  
Total assets 279,947   $ 292,047 $ 279,947 $ 292,047  
Facility consolidation charges $ 0 0        
Impairment of goodwill   $ 10,000