Asset Impairments and Other Charges and Credits (Tables)

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

As a result of these events, actions and assessments, the Company recorded the following charges and credits during the three and six months ended June 30, 2025 and 2024 (in thousands):


	Offshore Manufactured Products		Completion and Production Services		Downhole Technologies		Corporate		Total
Three Months Ended June 30, 2025



Impairment of operating lease assets	$	—	$	403	$	955	$	—	$	1,358

Facility exit charges	273		1,776		252		—		2,301

Gains on extinguishment of debt	—		—		—		(381)		(381)
Pre-tax totals	$	273	$	2,179	$	1,207	$	(381)	3,278
Income tax benefit									688
After-tax total									$	2,590

Six Months Ended June 30, 2025



Impairment of operating lease assets	$	—	$	403	$	955	$	—	$	1,358

Facility exit charges	273		2,706		252		—		3,231

Gains on extinguishment of debt	—		—		—		(381)		(381)
Pre-tax totals	$	273	$	3,109	$	1,207	$	(381)	4,208
Income tax benefit									884
After-tax total									$	3,324


	Offshore Manufactured Products		Completion and Production Services		Downhole Technologies		Corporate		Total
Three Months Ended June 30, 2024
Impairment of goodwill	$	—	$	—	$	—	$	—	$	—


Facility consolidation and other charges	1,547		1,916		—		—		3,463
Patent defense costs	—		963		—		—		963
Gains on extinguishment of debt	—		—		—		(515)		(515)
Pre-tax totals	$	1,547	$	2,879	$	—	$	(515)	3,911
Income tax benefit									821
After-tax total									$	3,090

Six Months Ended June 30, 2024
Impairment of goodwill	$	—	$	—	$	10,000	$	—	$	10,000


Facility consolidation and other charges	3,010		2,601		—		—		5,611
Patent defense costs	—		1,324		—		—		1,324
Gains on extinguishment of debt	—		—		—		(515)		(515)
Pre-tax totals	$	3,010	3,925		10,000		$	(515)	16,420
Income tax benefit									1,829
After-tax total									$	14,591