Industry Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Financial Information of Segments

Summarized financial information concerning the business segments is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in thousands)
Revenues from external customers
Product sales
Completion Fluids & Products Division	$	95,019	$	94,368	$	167,772	$	159,883
Water & Flowback Services Division	1,603		1,849		2,187		1,869
Consolidated	$	96,622	$	96,217	$	169,959	$	161,752
Services
Completion Fluids & Products Division	$	5,000	$	3,854	$	9,529	$	7,381
Water & Flowback Services Division	70,313		75,392		143,419		152,539
Consolidated	$	75,313	$	79,246	$	152,948	$	159,920
Total revenues
Completion Fluids & Products Division	$	100,019	$	98,222	$	177,301	$	167,264
Water & Flowback Services Division	71,916		77,241		145,606		154,408
Consolidated	$	171,935	$	175,463	$	322,907	$	321,672
Income (loss) before taxes and discontinued operations
Completion Fluids & Products Division	$	26,653	$	31,956	$	46,445	$	50,398
Water & Flowback Services Division	3,156		8,014		3,877		14,394
Corporate Overhead(1)	(17,330)		(18,890)		(36,548)		(36,178)
Consolidated	$	12,479	$	21,080	$	13,774	$	28,614

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in thousands)
General and administrative expense	$	10,689	$	12,594	$	21,790	$	23,654
Depreciation and amortization	84		92		165		202
Impairments and other charges	—		777		—		777
Interest expense	6,252		5,813		12,397		11,273
Loss on debt extinguishment	—		—		5,535		—
Other general corporate (income) expense, net	305		(386)		(3,339)		272
Total	$	17,330	$	18,890	$	36,548	$	36,178