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Business Segments (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Summary financial data by segment follows (in thousands):

	Three Months Ended March 31,
	2019				2018
Revenue:
Drilling & Downhole	$	85,940			$	76,864
Completions	94,659				88,054
Production	91,995				86,421
Eliminations	(752		)		(1,108		)
Total revenue	$	271,842			$	250,231
Operating income (loss)
Drilling & Downhole	$	(2,499	)		$	(10,310	)
Completions	6,851				8,961
Production	4,335				4,162
Corporate	(8,406		)		(8,580		)
Segment operating income (loss)	281				(5,767		)
Transaction expenses	593				1,336
Contingent consideration benefit	(4,629		)		—
Loss (gain) on disposal of assets and other	20				(397		)
Operating income (loss)	$	4,297			$	(6,706	)

A summary of consolidated assets by reportable segment is as follows (in thousands):

	March 31, 2019				December 31, 2018
Drilling & Downhole	$	679,735			$	663,414
Completions	870,569				872,731
Production	251,623				243,354
Corporate	48,243				50,153
Total assets	$	1,850,170			$	1,829,652

Schedule of Disaggregation of Revenue

The following table presents our revenues disaggregated by product line (in thousands):

	Three Months Ended March 31,
	2019				2018
Drilling Technologies	$	41,926			$	42,757
Downhole Technologies	30,425				24,527
Subsea Technologies	13,589				9,580
Stimulation and Intervention	51,311				51,060
Coiled Tubing	43,348				36,994
Production Equipment	36,568				31,456
Valve Solutions	55,427				54,965
Eliminations	(752		)		(1,108		)
Total revenue	$	271,842			$	250,231

Schedule of Revenue by Geography

The following table presents our revenues disaggregated by geography (in thousands):

	Three Months Ended March 31,
	2019				2018
United States	$	196,967			$	190,064
Canada	16,463				19,194
Europe & Africa	17,597				13,890
Middle East	19,285				10,570
Asia-Pacific	14,759				8,850
Latin America	6,771				7,663
Total Revenue	$	271,842			$	250,231

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- 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.

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