CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023		Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 187,323		$ 259,407
Restricted cash	4,077		5,397
Short-Term Investments	25,908		32,232
Trade receivables, net	135,569		90,861
Unbilled receivables	148,429		144,428
Inventories	194,593		146,004
Prepaids expenses	14,119		19,874
Other current assets	9,699		32,438
Assets held for sale	0		19,383
Total current assets	719,717		750,024
Operating lease right of use assets	16,343		4,872
Property, plant and equipment, net	217,631		181,270
Deferred income taxes	8,989		4,488
Goodwill	16,654	[1]	0
Intangible assets	41,941		23,348
Other assets	6,906		5,949
Total assets	1,028,181		969,951
Current liabilities:
Accounts payable	65,696		43,019
Accrued income taxes	5,942		4,868
Contract liabilities	7,583		8,020
Accrued compensation	14,035		11,296
Operating lease liabilities	2,118		1,054
Other accrued liabilities	22,329		19,298
Total current liabilities	117,703		87,555
Deferred income taxes	10,564		3,756
Income tax payable	346		823
Operating lease liabilities, long-term	14,554		3,807
Other long-term liabilities	3,754		1,658
Total liabilities	146,921		97,599
Contingencies (Note 17)
Stockholders' equity:
Preferred stock: 10,000,000 shares authorized at $0.01 par value (none issued)	0		0
Common stock:
100,000,000 shares authorized at $0.01 par value, 34,386,577 and 34,157,057 shares issued and outstanding at December 31, 2023 and December 31, 2022	343		343
Additional paid-in capital	100,289		90,450
Retained earnings	950,719		950,168
Accumulated other comprehensive losses	(170,091)		(168,609)
Total stockholders' equity	881,260		872,352
Total liabilities and stockholders' equity	$ 1,028,181		$ 969,951

[1] As of December 31, 2023, the Goodwill balance is included in long-lived assets in the Well Construction business segment.