XML 41 R29.htm IDEA: XBRL DOCUMENT v3.24.3
Industry Segments (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Financial Information of Segments
Summarized financial information concerning the business segments is as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
 2024202320242023
 (in thousands)
Revenues from external customers    
Product sales  
Completion Fluids & Products Division$61,451 $68,532 $229,223 $228,415 
Water & Flowback Services Division10,324 435 12,511 2,304 
Consolidated$71,775 $68,967 $241,734 $230,719 
Services   
Completion Fluids & Products Division$3,680 $4,678 $13,209 $12,059 
Water & Flowback Services Division66,245 77,819 209,664 230,358 
Consolidated$69,925 $82,497 $222,873 $242,417 
Total revenues  
Completion Fluids & Products Division$65,131 $73,210 $242,432 $240,474 
Water & Flowback Services Division76,569 78,254 222,175 232,662 
Consolidated$141,700 $151,464 $464,607 $473,136 
Income (loss) before taxes and discontinued operations
  
Completion Fluids & Products Division$19,119 $16,932 $65,564 $67,330 
Water & Flowback Services Division4,674 8,475 8,551 22,869 
Corporate Overhead(1)
(16,217)(18,691)(52,765)(54,869)
Consolidated$7,576 $6,716 $21,350 $35,330 
(1) Amounts reflected include the following general corporate expenses:
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2024202320242023
 (in thousands)
General and administrative expense$10,780 $13,552 $32,570 $37,206 
Depreciation and amortization93 101 258 303 
Impairments and other charges109 — 109 777 
Interest expense, net
6,043 5,755 18,440 17,029 
Loss on debt extinguishment
— — 5,535 — 
Other general corporate income, net
(808)(717)(4,147)(446)
Total$16,217 $18,691 $52,765 $54,869