Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Summarized Financial Information by Segment

Financial information by business segment for the three and nine months ended September 30, 2023 and 2022 is summarized below.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenue:
Pressure Control	$	182,484	$	184,481	$	576,273	$	500,595
Spoolable Technologies	105,386		—		245,821		—
Total revenues	287,870		184,481		822,094		500,595
Operating income:
Pressure Control (1)	47,830		51,296		151,809		126,527
Spoolable Technologies	39,773		—		34,004		—
Total operating income	87,603		51,296		185,813		126,527
Interest income (expense), net	(1,372)		1,140		(6,298)		1,344
Other income, net	266		1,125		3,804		10
Income before income taxes	$	86,497	$	53,561	$	183,319	$	127,881

(1)Includes corporate and other costs not directly attributable to our reporting segments such as corporate executive management and other administrative functions.