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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer REVENUE FROM CONTRACTS WITH CUSTOMERS
Our contract asset balances, primarily associated with contractual invoicing milestones and/or customer documentation requirements, were $30.8 million and $30.6 million as of June 30, 2024 and December 31, 2023, respectively. Contract assets, along with billed trade accounts receivable, are included in trade accounts receivable in our consolidated balance sheets.

Unearned income includes amounts in which the Company was contractually allowed to invoice prior to satisfying the associated performance obligations. Unearned income balances were $3.6 million and $3.1 million as of June 30, 2024 and December 31, 2023, respectively, and vary based on the timing of invoicing and performance
obligations being met. Unearned income is included in accrued liabilities and other in our consolidated balance sheets. We recognized approximately $2.0 million and $1.0 million during the three and six months ended June 30, 2024, respectively, and $1.4 million and $0.9 million of revenue during the three and six months ended June 30, 2023, respectively, deferred in unearned income as of the beginning of the period. During the six months ended June 30, 2024 and June 30, 2023, contract costs were not significant.

We disaggregate revenue from contracts with customers into Product Sales and Services within each segment, as noted in our two reportable segments in Note 9 - “Industry Segments.” In addition, we disaggregate revenue from contracts with customers by geography based on the following table below.
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
 (in thousands)
Completion Fluids & Products
United States$41,560 $45,859 $82,996 $78,682 
International58,459 52,363 94,305 88,582 
100,019 98,222 177,301 167,264 
Water & Flowback Services
United States60,765 68,231 125,476 136,569 
International11,151 9,010 20,130 17,839 
71,916 77,241 145,606 154,408 
Total Revenue
United States102,325 114,090 208,472 215,251 
International69,610 61,373 114,435 106,421 
$171,935 $175,463 $322,907 $321,672