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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Significant Items Included in Income from Discontinued Operations
Net assets related to the Sale Transaction consisted of the following:
(In thousands)June 30, 2025December 31, 2024
Receivables due from the Purchaser$313 $15,978 
Estimated deferred consideration due from the Purchaser3,591 3,550 
Note receivable due from the Purchaser5,000 5,000 
Estimated liabilities due to the Purchaser(5,308)(6,488)
Net assets due from the Purchaser$3,596 $18,040 
The following table summarizes the significant items included in income (loss) from discontinued operations in the condensed consolidated statements of operations.
 Second QuarterFirst Half
(In thousands)2025202420252024
Revenues$— $112,218 $— $232,358 
Cost of revenues— 98,118 — 201,380 
Selling, general and administrative expenses53 13,631 448 26,395 
Other operating (income) loss, net— (323)— (1,102)
Operating income (loss) from discontinued operations(53)792 (448)5,685 
Foreign currency exchange (gain) loss63 (359)134 (635)
Interest expense, net887 1,877 
Income (loss) from discontinued operations before income taxes(119)264 (590)4,443 
Provision (benefit) for income taxes from discontinued operations(13)852 (112)1,792 
Income (loss) from discontinued operations$(106)$(588)$(478)$2,651 
For the first half of 2025 and 2024, significant operating and investing items related to the former Fluids Systems segment were as follows:
 First Half
(In thousands)20252024
Operating activities of discontinued operations:
Depreciation and amortization$— $3,495 
Investing activities of discontinued operations:
Capital expenditures$— $1,692