Industry Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Reporting Table

Summarized financial information concerning the business segments is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)
Revenues from external customers
Product sales
Completion Fluids & Products Division	$	70,227	$	62,565	$	140,115	$	107,583
Water & Flowback Services Division	74		18		241		32
Consolidated	$	70,301	$	62,583	$	140,356	$	107,615
Services
Completion Fluids & Products Division	$	4,571	$	2,042	$	7,877	$	3,545
Water & Flowback Services Division	65,844		37,701		122,520		68,490
Consolidated	$	70,415	$	39,743	$	130,397	$	72,035
Total revenues
Completion Fluids & Products Division	$	74,798	$	64,607	$	147,992	$	111,128
Water & Flowback Services Division	65,918		37,719		122,761		68,522
Consolidated	$	140,716	$	102,326	$	270,753	$	179,650
Income (loss) before taxes
Completion Fluids & Products Division	$	15,261	$	16,427	$	34,553	$	25,438
Water & Flowback Services Division	1,644		(4,978)		4,326		(10,458)
Interdivision eliminations	3		3		6		6
Corporate Overhead(1)	(15,628)		(16,722)		(28,671)		(32,031)
Consolidated	$	1,280	$	(5,270)	$	10,214	$	(17,045)

(1) Amounts reflected include the following general corporate expenses:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)
General and administrative expense	$	11,542	$	9,543	$	21,888	$	22,564
Depreciation and amortization	172		248		363		418
Interest expense	3,894		4,044		7,541		9,107
Warrants fair value adjustment (income) expense	—		2,698		—		3,021
Other general corporate income, net	20		189		(1,121)		(3,079)
Total	$	15,628	$	16,722	$	28,671	$	32,031