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Business Segments (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Financial Data by Segment and Assets by Reportable Segment

Summary financial data by segment follows (in thousands):

									Three Months Ended March 31,
															2023						2022
Revenue
Drilling & Downhole															$	76,794					$	71,260
Completions															73,667						52,542
Production															38,995						31,505
Eliminations															(499)						(133)
Total revenue															$	188,957					$	155,174
Segment operating income (loss)
Drilling & Downhole															$	8,438					$	5,986
Completions															3,556						(715)
Production															1,629						(1,752)
Corporate															(7,032)						(9,205)
Total segment operating income (loss)															6,591						(5,686)
Loss (gain) on disposal of assets and other															(260)						22
Operating income (loss)															$	6,851					$	(5,708)

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

			March 31, 2023						December 31, 2022
Drilling & Downhole			$	348,581					$	340,819
Completions			373,222						366,771
Production			98,427						95,089
Corporate			29,726						32,078
Total assets			$	849,956					$	834,757

Schedule of Revenue from External Customers by Products and Services

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

									Three Months Ended March 31,
															2023						2022
Drilling Technologies															$	40,777					$	29,235
Downhole Technologies															23,211						19,564
Subsea Technologies															12,806						22,461
Stimulation and Intervention															47,326						30,159
Coiled Tubing															26,341						22,383
Production Equipment															19,896						15,167
Valve Solutions															19,099						16,338
Eliminations															(499)						(133)
Total revenue															$	188,957					$	155,174

Schedule of Revenue Disaggregated by Geography

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

									Three Months Ended March 31,
															2023						2022
United States															$	129,186					$	97,232
Middle East															17,982						11,153
Canada															13,668						11,389
Europe & Africa															11,672						15,377
Latin America															8,768						10,964
Asia-Pacific															7,681						9,059
Total revenue															$	188,957					$	155,174

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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