XML 46 R28.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The changes in the carrying amount of goodwill from December 31, 2018 to March 31, 2019, were as follows (in thousands):
| Drilling & Downhole |  | Completions |  | Production |  | Total
Goodwill Balance at December 31, 2018 | $ | 191,151 |  |  | $ | 259,280 |  |  | $ | 19,216 |  |  | $ | 469,647 |
Purchase accounting adjustments | 427 |  |  | — |  |  | — |  |  | 427 |
Impact of non-U.S. local currency translation | 68 |  |  | 485 |  |  | 47 |  |  | 600 |
Goodwill Balance at March 31, 2019 | $ | 191,646 |  |  | $ | 259,765 |  |  | $ | 19,263 |  |  | $ | 470,674 |
Summary of Intangible Assets | Intangible assets consisted of the following as of March 31, 2019 and December 31, 2018, respectively (in thousands):
| March 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amortizable Intangibles |  | Amortization Period (In Years)
Customer relationships | $ | 337,758 |  |  | $ | (115,819 | ) |  | $ | 221,939 |  |  | 4-15
Patents and technology | 104,384 |  |  | (18,855 | ) |  | 85,529 |  |  | 5-17
Non-compete agreements | 6,259 |  |  | (5,694 | ) |  | 565 |  |  | 3-6
Trade names | 47,560 |  |  | (19,336 | ) |  | 28,224 |  |  | 10-15
Distributor relationships | 22,160 |  |  | (17,918 | ) |  | 4,242 |  |  | 8-15
Trademarks | 10,319 |  |  | (509 | ) |  | 9,810 |  |  | 15 - Indefinite
Intangible Assets Total | $ | 528,440 |  |  | $ | (178,131 | ) |  | $ | 350,309 |  |  |
| December 31, 2018
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amortizable Intangibles |  | Amortization Period (In Years)
Customer relationships | $ | 337,546 |  |  | $ | (110,228 | ) |  | $ | 227,318 |  |  | 4-15
Patents and technology | 104,394 |  |  | (17,148 | ) |  | 87,246 |  |  | 5-17
Non-compete agreements | 6,245 |  |  | (5,600 | ) |  | 645 |  |  | 3-6
Trade names | 47,493 |  |  | (18,107 | ) |  | 29,386 |  |  | 10-15
Distributor relationships | 22,160 |  |  | (17,602 | ) |  | 4,558 |  |  | 8-15
Trademarks | 10,319 |  |  | (424 | ) |  | 9,895 |  |  | 15 - Indefinite
Intangible Assets Total | $ | 528,157 |  |  | $ | (169,109 | ) |  | $ | 359,048 |  |  |

X
- Definition Summary of Finite and Infinite lived Intangible Assets. + References No definition available. + Details
Name: | fet_SummaryOfIntangibleAssetsTableTextBlock
Namespace Prefix: | fet_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration