Asset Impairments and Other Charges and Credits (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2025 and 2024 (in thousands):


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



Impairments of operating lease assets	$	—	$	—	$	—	$	—	$	—

Facility consolidation and exit, and other charges	575		2,687		—		298		3,560

Losses (gains) on extinguishment of debt	—		—		—		6		6
Pre-tax totals	$	575	$	2,687	$	—	$	304	3,566
Income tax benefit									749
After-tax total									$	2,817

Nine Months Ended September 30, 2025



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

Facility consolidation and exit, and other charges	848		5,393		252		298		6,791

Losses (gains) on extinguishment of debt	—		—		—		(375)		(375)
Pre-tax totals	$	848	$	5,796	$	1,207	$	(77)	7,774
Income tax benefit									1,633
After-tax total									$	6,141


	Offshore Manufactured Products		Completion and Production Services		Downhole Technologies		Corporate		Total
Three Months Ended September 30, 2024
Impairments of:
Goodwill	$	—	$	—	$	—	$	—	$	—
Intangible assets	—		10,787		—		—		10,787
Operating lease assets	—		2,092		487		—		2,579
Facility consolidation and exit, and other charges	354		2,982		123		34		3,493
Patent defense costs	—		1,347		—		—		1,347
Gains on extinguishment of debt	—		—		—		—		—
Pre-tax totals	$	354	$	17,208	$	610	$	34	18,206
Income tax benefit									1,161
After-tax total									$	17,045

Nine Months Ended September 30, 2024
Impairments of:
Goodwill	$	—	$	—	$	10,000	$	—	$	10,000
Intangible assets	—		10,787		—		—		10,787
Operating lease assets	—		2,092		487		—		2,579
Facility consolidation and exit, and other charges	3,364		5,583		123		34		9,104
Patent defense costs	—		2,671		—		—		2,671
Gains on extinguishment of debt	—		—		—		(515)		(515)
Pre-tax totals	$	3,364	21,133		10,610		$	(481)	34,626
Income tax benefit									2,990
After-tax total									$	31,636