Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Significant Accounting Policies (Tables)



	Year Ended December 31,
	2014		2013			2012
	(In Thousands)
At beginning of period	$	1,349	$	1,085		$	1,849
Activity in the period:
Provision for doubtful accounts	856		374			(237		)
Account (chargeoffs) recoveries	280		(110		)	(527		)
At end of period	$	2,485	$	1,349		$	1,085

Inventories Table



	December 31,
	2014		2013
	(In Thousands)
Finished goods	$	62,188	$	73,515
Raw materials	5,005		3,894
Parts and supplies	51,229		22,668
Work in progress	70,722		715
Total inventories	$	189,144	$	100,792

Property, Plant, and Equipment Table



Buildings		15 – 40 years
Barges and vessels		5 – 30 years
Machinery and equipment		2 – 20 years
Automobiles and trucks		3 - 4 years
Chemical plants		15 – 30 years
Compressors		12-16 years

Goodwill Table



	Fluids		Production Testing			Compression		Offshore Services			Maritech		Total
	(In Thousands)
Balance as of December 31, 2011	$	—	$	23,035		$	72,161	$	3,936		$	—	$	99,132
Goodwill acquired during the year	—		90,472			—		—			—		90,472
Balance as of December 31, 2012	—		113,507			72,161		3,936			—		189,604
Goodwill adjustments	—		(1,445		)	—		—			—		(1,445		)
Balance as of December 31, 2013	—		112,062			72,161		3,936			—		188,159
Goodwill acquired during the year	6,636		5,809			161,462							173,907
Goodwill adjustments	—		(64,189		)	—		(3,936		)	—		(68,125		)
Balance as of December 31, 2014	$	6,636	$	53,682		$	233,623	$	—		$	—	$	293,941

Fair Value Measurements on a Recurring Basis Table



				Fair Value Measurements Using
	Total as of Dec. 31, 2014			Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Description	Total as of Dec. 31, 2014					Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In Thousands)
Asset for foreign currency derivative contracts	$	—		$	—	—		—
Liability for foreign currency derivative contracts	(174		)	—		(174	)	—
Acquisition contingent consideration liability	—			—		—		—
Total	$	(174	)

Fair Value Measurements on a Nonrecurring Basis Table



			Fair Value Measurements Using
	Total as of Dec. 31, 2014		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Year-to-Date Impairment Losses
Description	Total as of Dec. 31, 2014				Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Year-to-Date Impairment Losses
	(In Thousands)
Offshore Services assets	$	103,155	$	—	$	—	$	103,155	$	13,308
Offshore Services goodwill	—		—		—		—		3,936
Production Testing equipment	94,328		—		—		94,328		7,646
Production Testing intangible assets	34,941		—		—		34,941		6,831
Production Testing goodwill	53,681		—		—		53,681		60,359
Fluids equipment and facilities	1,225		—		—		1,225		5,201
Other	—		—		—		—		1,856
Total	$	287,330							$	99,137

A summary of these nonrecurring fair value measurements as of December 31, 2013, using the fair value hierarchy is as follows:



			Fair Value Measurements Using
	Total as of Dec. 31, 2013		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Year-to-Date Impairment Losses
Description	Total as of Dec. 31, 2013				Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Year-to-Date Impairment Losses
	(In Thousands)
Offshore Services assets	$	3,000	$	—	$	—	$	3,000	$	9,285
Other	—		—		—		—		293
Total	$	3,000							9,578

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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