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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Summarized Financial Information by Segment
Financial information by segment for the years ended December 31, 2025, 2024, and 2023 is summarized below.

Year Ended December 31,
2025
Pressure ControlSpoolable TechnologiesTotal
Revenues from external customers
$710,806 $368,245 $1,079,051 
Intersegment revenue
6,385 — 6,385 
Total revenues717,191 368,245 1,085,436 
Reconciliation of revenue
Elimination of intersegment revenue
(6,385)
Total consolidated revenues
1,079,051 
Less:(1)
Cost of revenue from external customers
$459,280 $220,353 679,633 
Intersegment cost of revenue
5,806 — 5,806 
Total cost of revenues
465,086 220,353 685,439 
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue
(5,806)
Total consolidated cost of revenue
679,633 
Selling, general, administrative expenses and other (2)
62,244 49,232 
Segment profit
$189,861 $98,660 $288,521 
Reconciliation of segment profit
Elimination of intersegment profit
(579)
Total consolidated segment profit
$287,942 
Corporate expenses (3)
(37,441)
Total operating income
$250,501 
Interest income, net
10,962 
Other expense, net
(794)
Income before income taxes$260,669 
(1) The significant expense categories and amounts align with the segment with the segment-level information that is regularly provided to the chief operating decision maker.

(2) For each reportable segment, the 'Selling, general, administrative expenses and other' line items category includes: salaries and wages, stock based compensation amortization expense, depreciation expense, professional fees, rent expense, and other miscellaneous items.
    
(3) Comprised primarily of expenses not allocated to our operating segments.
Year Ended December 31,
2024
Pressure ControlSpoolable TechnologiesTotal
Revenues from external customers
$722,776 $407,038 $1,129,814 
Intersegment revenue
1,262 — 1,262 
Total revenues724,038 407,038 1,131,076 
Reconciliation of revenue
Elimination of intersegment revenue
(1,262)
Total consolidated revenues
1,129,814 
Less:(1)
Cost of revenue from external customers
$455,853 $237,568 $693,421 
Intersegment cost of revenue
1,127 — 1,127 
Total cost of revenues456,980 237,568 694,548 
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue
(1,127)
Total consolidated cost of revenue
693,421 
Selling, general, administrative expenses and other (2)
56,348 64,606 
Segment profit
$210,710 $104,864 $315,574 
Reconciliation of segment profit
Elimination of intersegment profit
(135)
Total consolidated segment profit
$315,439 
Corporate expenses (3)
(25,826)
Total operating income
$289,613 
Interest income, net
6,459 
Other income, net
3,204 
Income before income taxes$299,276 
(1) The significant expense categories and amounts align with the segment with the segment-level information that is regularly provided to the chief operating decision maker.

(2) For each reportable segment, the 'Selling, general, administrative expenses and other' line items category includes: salaries and wages, stock based compensation amortization expense, depreciation expense, professional fees, rent expense, and other miscellaneous items. Spoolable technologies also includes the change in fair value of the earn-out liability.
    
(3) Comprised primarily of expenses not allocated to our operating segments.
Year Ended December 31,
2023
Pressure ControlSpoolable TechnologiesTotal
Revenues from external customers
$756,727 $340,233 $1,096,960 
Intersegment revenue
— — — 
Total revenues756,727 340,233 1,096,960 
Reconciliation of revenue
Elimination of intersegment revenue
— 
Total consolidated revenues
1,096,960 
Less:(1)
Cost of revenue from external customers
$475,818 $214,850 $690,668 
Intersegment cost of revenue
— — — 
Total cost of revenues
475,818 214,850 690,668 
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue
— 
Total consolidated cost of revenue
690,668 
Selling, general, administrative expenses and other (2)
43,975 63,211 
Segment profit
$236,934 $62,172 $299,106 
Reconciliation of segment profit
Elimination of intersegment profit
— 
Total consolidated segment profit
$299,106 
Corporate expenses (3)
(34,740)
Total operating income
$264,366 
Interest expense, net
(6,480)
Other income, net
4,490 
Income before income taxes$262,376 
(1) The significant expense categories and amounts align with the segment with the segment-level information that is regularly provided to the chief operating decision maker.

(2) For each reportable segment, the 'Selling, general, administrative expenses and other' line items category includes: salaries and wages, stock based compensation amortization expense, depreciation expense, professional fees, rent expense, and other miscellaneous items. Spoolable technologies also includes the change in fair value of the earn-out liability.

(3)    Comprised primarily of expenses not allocated to our operating segments.
Additional financial information by operating segment for the years ended December 31, 2025, 2024, and 2023 is summarized below.
Year Ended December 31,
202520242023
Depreciation and amortization:
Pressure Control$28,585 $26,782 $30,898 
Spoolable Technologies35,329 33,656 34,147 
Total depreciation and amortization$63,914 $60,438 $65,045 
Capital expenditures:
Pressure Control$18,218 $24,240 $40,940 
Spoolable Technologies20,587 14,936 3,037 
Total capital expenditures$38,805 $39,176 $43,977 
Segment Assets:(1)
Pressure Control$468,061 $438,929 $437,887 
Spoolable Technologies695,737 705,943 713,007 
Total segment assets1,163,798 1,144,872 1,150,894 
Corporate and other(2)
707,819 594,456 371,667 
Total assets$1,871,617 $1,739,328 $1,522,561 
(1)    Segment assets consist of accounts receivables, inventories, prepaid expenses and other current assets, property and equipment, net, goodwill and other intangible assets, net.
(2)    Consists primarily of cash and cash equivalents and deferred tax assets.