Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued Operations [Abstract]

Components Of Income (Loss) From Discontinued Operations

The following table summarizes the components of discontinued operations, net of tax (in thousands):

	For the Three Months Ended June 30,
	2022			2021
Revenues	$	-		$	45,114
Cost of services		-			37,871
Depreciation, depletion, amortization and accretion		-			18,581
General and administrative expenses		1,711			3,623
Other (gains) and losses, net		750			10,018
Loss from operations		(2,461	)		(24,979	)
Other income (expense)		-			(53	)
Loss from discontinued operations before tax		(2,461	)		(25,032	)
Income tax benefit (expense)		517			5,632
Income (loss) from discontinued operations, net of income tax	$	(1,944	)	$	(19,400	)

	Successor						Predecessor
	For the Six Months Ended June 30, 2022			For the Period February 3, 2021 through June 30, 2021			For the Period January 1, 2021 through February 2, 2021
Revenues	$	-		$	68,366		$	10,719
Cost of services		-			60,393			10,398
Depreciation, depletion, amortization and accretion		-			31,356			2,141
General and administrative expenses		5,453			6,218			1,119
Other (gains) and losses, net		(5,193	)		7,518			-
Loss from operations		(260	)		(37,119	)		(2,939	)
Other income (expense)		-			(50	)		2,485
Loss from discontinued operations before tax		(260	)		(37,169	)		(454	)
Income tax benefit (expense)		55			8,363			102
Income (loss) from discontinued operations, net of income tax	$	(205	)	$	(28,806	)	$	(352	)

Assets And Liabilities Of Discontinued Operation

The following summarizes the assets and liabilities related to discontinued operations (in thousands):

	June 30, 2022		December 31, 2021
Assets:
Accounts receivable, net	$	4,809	$	7,469
Property, plant and equipment, net		20,659		29,328
Other assets		161		731
Total assets held for sale	$	25,629	$	37,528
Liabilities:
Accounts payable	$	544	$	652
Accrued expenses		3,433		4,268
Other liabilities		223		687
Total liabilities held for sale	$	4,200	$	5,607