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Business Segments (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Schedule of Income Statement by Segment Summary financial data by segment follows (in thousands):
Three Months Ended March 31,
20212020
Revenue:
Drilling & Downhole48,656 76,643 
Completions37,843 50,823 
Production28,031 55,605 
Eliminations(13)(439)
Total revenue$114,517 $182,632 
Operating loss
Drilling & Downhole$(4,506)$(4,145)
Completions68 (17,318)
Production(3,841)(8,179)
Corporate(7,010)(8,429)
Segment operating loss(15,289)(38,071)
Impairments of intangible assets, property and equipment— 17,320 
Loss (gain) on disposal of assets and other(909)16 
Operating loss$(14,380)$(55,407)
A summary of consolidated assets by reportable segment is as follows (in thousands):
March 31, 2021December 31, 2020
Drilling & Downhole$305,409 $314,375 
Completions356,303 356,645 
Production89,661 92,949 
Corporate92,586 125,957 
Total assets$843,959 $889,926 
Schedule of Disaggregation of Revenue The following table presents our revenues disaggregated by product line (in thousands):
Three Months Ended
March 31,
20212020
Drilling Technologies$18,520 $36,638 
Downhole Technologies15,093 24,951 
Subsea Technologies15,043 15,054 
Stimulation and Intervention18,702 24,476 
Coiled Tubing19,141 26,347 
Production Equipment14,394 18,749 
Valve Solutions13,637 36,856 
Eliminations(13)(439)
Total revenue$114,517 $182,632 
Schedule of Revenue by Geography The following table presents our revenues disaggregated by geography (in thousands):
Three Months Ended
March 31,
20212020
United States$68,314 $123,890 
Canada8,961 7,952 
Europe & Africa12,664 11,146 
Middle East10,341 13,140 
Asia-Pacific8,880 18,793 
Latin America5,357 7,711 
Total Revenue$114,517 $182,632