XML 15 R18.htm IDEA: XBRL DOCUMENT v3.20.1
Defined Contribution Plan
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Defined Contribution Plan Defined Contribution PlanThe Company sponsors a 401(k) defined contribution retirement plan covering eligible employees. The Company makes matching contributions at a rate of $1.00 for each $1.00 of employee contribution, subject to a cap of 6% of the employee’s salary and federal limits. Contributions made by the Company were $4.2 million and $4.1 million for the three months ended March 31, 2020 and 2019, respectively. Effective April 1, 2020, in connection with other cost savings measures undertaken in response to declining demand for frac services as a result of the impacts of the COVID-19 pandemic, the Company suspended its 6% matching contribution.