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REVENUE
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE CONTRACT ASSETS AND LIABILITIES
Under our customized pump production and water and wastewater project contracts, amounts are billed as work progresses in accordance with agreed-upon contractual terms, upon various measures of performance, including achievement of certain milestones, completion of specified units, or completion of a contract. Generally, billing occurs subsequent to revenue recognition, resulting in contract assets presented as "Costs and estimated profits in excess of billings." However, we sometimes receive advances or deposits from our customers before revenue is recognized, resulting in contract liabilities that are presented as "Billings in excess of costs and estimated profits" on our unaudited condensed consolidated balance sheets.

Costs and estimated profits on uncompleted contracts and related amounts billed were as follows (in thousands):

 September 30, 2025December 31, 2024
Costs incurred on uncompleted contracts$148,600 $122,951 
Estimated profits, thereon70,927 58,373 
Total costs and estimated profits on uncompleted contracts219,527 181,324 
Less: billings to date178,891 143,251 
Net$40,636 $38,073 

Such amounts were included in the accompanying unaudited condensed consolidated balance sheets for September 30, 2025 and December 31, 2024 under the following captions (in thousands):

 September 30, 2025December 31, 2024
Costs and estimated profits in excess of billings$57,696 $50,735 
Billings in excess of costs and estimated profits(17,060)(12,662)
Net$40,636 $38,073 

During the nine months ended September 30, 2025 and 2024, $7.9 million and $5.3 million of the balances that were previously classified as contract liabilities at the beginning of the period were recognized in revenues, respectively. Contract asset and liability changes were primarily due to normal activity and timing differences between our performance and customer payments.
REVENUE
The Company disaggregates revenue based upon our geography and our reportable segments - Service Centers, Innovative Pumping Solutions and Supply Chain Services. Each of our geographic and reportable business segments are impacted and influenced by varying factors, including the macroeconomic environment, maintenance and capital spending and commodity prices and exploration and production activity. As such, we believe this information is important in depicting the nature, timing and uncertainty of our contracts with customers. The following Geographical Information and Note 11 - Segment Reporting present our revenue disaggregated by source.

Geographical Information
Revenues are presented in geographic area based on location of the facility shipping products or providing services.

The Company’s revenues by geographical location are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2025202420252024
Revenues
United States$495,781 $450,141 $1,431,885 $1,268,641 
Canada17,604 22,403 55,961 60,622 
Other
339 391 1,129 1,863 
Total$513,724 $472,935 $1,488,975 $1,331,126 
Recent Acquisitions
We define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded in our calculation of Organic Sales.
The following tables sets forth the disaggregation of revenue from sales associated with recent acquisitions for the three and nine months ended September 30, 2025 and 2024 (in thousands):


SalesAcquisition SalesOrganic Sales
Three Months Ended September 30, 2025
Service Centers$350,179 $11,658 $338,521 
Innovative Pumping Solutions100,551 6,745 93,806 
Supply Chain Services62,994 — 62,994 
Total Sales$513,724 $18,403 $495,321 
Three Months Ended September 30, 2024
Service Centers$316,831 $12,969 $303,862 
Innovative Pumping Solutions89,825 15,566 74,259 
Supply Chain Services66,279 — 66,279 
Total Sales$472,935 $28,535 $444,400 
$ Change
Service Centers$33,348 $(1,311)$34,659 
Innovative Pumping Solutions10,726 (8,821)19,547 
Supply Chain Services(3,285)— (3,285)
Total $ Change$40,789 $(10,132)$50,921 
% Change
Service Centers10.5 %(10.1)%11.4 %
Innovative Pumping Solutions11.9 %(56.7)%26.3 %
Supply Chain Services(5.0)%N/A(5.0)%
Total % Change8.6 %(35.5)%11.5 %
SalesAcquisition SalesOrganic Sales
Nine Months Ended September 30, 2025
Service Centers$1,016,985 $45,154 $971,831 
Innovative Pumping Solutions280,273 28,966 251,307 
Supply Chain Services191,717 — 191,717 
Total Sales$1,488,975 $74,120 $1,414,855 
Nine Months Ended September 30, 2024
Service Centers$911,783 $23,187 $888,596 
Innovative Pumping Solutions225,417 40,526 184,891 
Supply Chain Services193,926 — 193,926 
Total Sales$1,331,126 $63,713 $1,267,413 
$ Change
Service Centers$105,202 $21,967 $83,235 
Innovative Pumping Solutions54,856 (11,560)66,416 
Supply Chain Services(2,209)— (2,209)
Total $ Change$157,849 $10,407 $147,442 
% Change
Service Centers11.5 %94.7 %9.4 %
Innovative Pumping Solutions24.3 %(28.5)%35.9 %
Supply Chain Services(1.1)%N/A(1.1)%
Total % Change11.9 %16.3 %11.6 %