Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

Summary of Significant Accounting Policies (Tables)



	June 30, 2016		December 31, 2015
	(In Thousands)
Finished goods	$	63,696	$	54,587
Raw materials	3,118		1,731
Parts and supplies	37,830		37,379
Work in progress	19,671		23,312
Total inventories	$	124,315	$	117,009

Weighted Average Shares Outstanding Table



	Three Months Ended June 30,		Six Months Ended June 30,
	2016	2015	2016	2015
	(In Thousands)
Number of weighted average common shares outstanding	81,842	79,165	80,631	79,037
Assumed exercise of stock awards	—	750	—	469
Average diluted shares outstanding	81,842	79,915	80,631	79,506

Services and Rentals Revenues Table



	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
	(In Thousands)
Rental revenue	$	11,865	$	42,475	$	25,966	$	91,998
Cost of rental revenue	$	10,620	$	17,914	$	22,866	$	42,436

Schedule of Goodwill Table



	Fluids		Production Testing			Compression			Offshore Services		Maritech		Total
	(In Thousands)
Balance as of December 31, 2014	6,636		53,682			233,548			—		—		293,866
Goodwill adjustments	—		(39,775		)	(141,146		)	—		—		(180,921		)
Balance as of December 31, 2015	6,636		13,907			92,402			—		—		112,945
Goodwill adjustments	—		(13,907		)	(92,402		)	—		—		(106,309		)
Balance as of June 30, 2016	$	6,636	$	—		$	—		$	—	$	—	$	6,636

Fair Value Measurements on a Recurring Basis Table



				Fair Value Measurements Using
	Total as of			Quoted Prices in Active Markets for Identical Assets or Liabilities	Significant Other Observable Inputs		Significant Unobservable Inputs
Description	June 30, 2016			(Level 1)	(Level 2)		(Level 3)
	(In Thousands)
Asset for foreign currency derivative contracts	$	271		—	271		—
Liability for foreign currency derivative contracts	(745		)	—	(745	)	—
Net liability	$	(474	)



				Fair Value Measurements Using
	Total as of			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	Dec 31, 2015			(Level 1)		(Level 2)		(Level 3)
	(In Thousands)
Asset for foreign currency derivative contracts	$	23		$	—	23		—
Liability for foreign currency derivative contracts	(385		)	—		(385	)	—
Acquisition contingent consideration liability	—			—		—		—
Net liability	$	(362	)

During the first quarter of 2016, in connection with the review of goodwill impairment of our Compression and Production Testing Divisions, these segments recorded total impairment charges of $117.1 million, reflecting the decreased fair value for certain assets. For further discussion, see "Goodwill" and "Impairment of Long-Lived Assets" section above. The fair values used in these impairment calculations were estimated based on a variety of measurements, including current replacement cost and discounted estimated future cash flows, all of which are based on significant unobservable inputs (a level 3 fair value measurement) in accordance with the fair value hierarchy. A summary of these nonrecurring fair value measurements as of June 30, 2016, using the fair value hierarchy is as follows:



			Fair Value Measurements Using
	Total as of		Quoted Prices in Active Markets for Identical Assets or Liabilities	Significant Other Observable Inputs	Significant Unobservable Inputs	Year-to-Date Impairment
Description	Jun 30, 2016		(Level 1)	(Level 2)	(Level 3)	Losses
	(In Thousands)
Compression intangible assets	$	—	—	—	—	$	7,865
Compression goodwill	—		—	—	—	92,333
Production Testing intangible assets	—		—	—	—	2,805
Production Testing goodwill	—		—	—	—	13,872
Other	—		—	—	—	257
Total	$	—				$	117,132