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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The changes in the carrying amount of goodwill from December 31, 2025 to June 30, 2026, were as follows (in thousands):
|  | Artificial Lift and Downhole
Goodwill, December 31, 2025 |  | $ | 64,667 |
Impact on non-U.S. local currency translation |  | (2,120) |
Goodwill, June 30, 2026 |  | $ | 62,547 |
Goodwill is not amortized and is tested for impairment at least annually or when events and circumstances indicate that fair value may be below its carrying value. Intangible Assets Intangible assets consisted of the following as of June 30, 2026 and December 31, 2025, respectively (in thousands):
| June 30, 2026
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangibles |  | Amortization Period (In Years)
Customer relationships | $ | 212,526 |  |  | $ | (144,460) |  |  | $ | 68,066 |  |  | 3 - 15
Patents and technology | 29,910 |  |  | (21,005) |  |  | 8,905 |  |  | 10 - 19
Trade names and other | 27,797 |  |  | (22,710) |  |  | 5,087 |  |  | 3 - 19
Total intangible assets | $ | 270,233 |  |  | $ | (188,175) |  |  | $ | 82,058 |  |  |
| December 31, 2025
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangibles |  | Amortization Period (In Years)
Customer relationships | $ | 216,559 |  |  | $ | (138,510) |  |  | $ | 78,049 |  |  | 3 - 15
Patents and technology | 30,122 |  |  | (20,241) |  |  | 9,881 |  |  | 10 - 19
Trade names and other | 28,040 |  |  | (22,333) |  |  | 5,707 |  |  | 3 - 19
Total intangible assets | $ | 274,721 |  |  | $ | (181,084) |  |  | $ | 93,637 |  |  |
Intangible assets with definite lives are tested for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable.

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- Definition The entire disclosure for intangible asset. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. Excludes goodwill. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(15)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
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