Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Summarized Financial Information by Segment

Financial information by business segment for the three months ended March 31, 2026 and 2025 is summarized below.

	Three Months Ended March 31,
	2026
	Pressure Control		Spoolable Technologies		Total
Revenues from external customers	$	298,449	$	89,900	$	388,349
Intersegment revenue	1,723		—		1,723
Total revenues	300,172		89,900		390,072
Reconciliation of revenue
Elimination of intersegment revenue					(1,723)
Total consolidated revenues					388,349
Less:(1)
Cost of revenue from external customers	$	221,857	$	54,914	$	276,771
Intersegment cost of revenue	1,614		—		1,614
Total cost of revenues	223,471		54,914		278,385
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue					(1,614)
Total consolidated cost of revenue					276,771
Selling, general, administrative expenses and other (2)	38,096		11,419
Segment profit	$	38,605	$	23,567	$	62,172
Reconciliation of segment profit
Elimination of intersegment profit					(109)
Total consolidated segment profit					$	62,063
Corporate expenses (3)					(12,559)
Total operating income					$	49,504
Interest income, net					220
Other income, net					—
Income before income taxes					$	49,724

(1) The significant expense categories and amounts align 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.

	Three Months Ended March 31,
	2025
	Pressure Control		Spoolable Technologies		Total
Revenues from external customers	$	187,741	$	92,578	$	280,319
Intersegment revenue	2,536		—		2,536
Total revenues	190,277		92,578		282,855
Reconciliation of revenue
Elimination of intersegment revenue					(2,536)
Total consolidated revenues					280,319
Less:(1)
Cost of revenue from external customers	$	116,246	$	56,335	$	172,581
Intersegment cost of revenue	2,226		—		2,226
Total cost of revenues	118,472		56,335		174,807
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue					(2,226)
Total consolidated cost of revenue					172,581
Selling, general, administrative expenses and other (2)	17,472		12,367
Segment profit	$	54,333	$	23,876	$	78,209
Reconciliation of segment profit
Elimination of intersegment profit					(310)
Total consolidated segment profit					$	77,899
Corporate expenses (3)					(9,287)
Total operating income					$	68,612
Interest income, net					2,325
Other income, net					—
Income before income taxes					$	70,937

(1) The significant expense categories and amounts align 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.