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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment, Useful life We estimate the useful lives and salvage values of our assets based on historical data as follows:

 

Buildings and leasehold improvements

 

3 - 40 years

Machinery and equipment

 

3 - 10 years

Schedule of Other Assets

Other assets consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Cash surrender value of life insurance policies

 

$

32,511

 

 

$

31,201

 

Investments in unconsolidated affiliates

 

 

4,156

 

 

 

4,094

 

Other

 

 

4,746

 

 

 

4,955

 

Total other assets

 

$

41,413

 

 

$

40,250

 

Schedule of Weighted Average Number of Shares The following table summarizes the calculation of weighted average common shares outstanding used in the computation of basic and diluted earnings per share (in thousands):

 

 

 

For the Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Weighted average common shares outstanding - basic

 

 

46,009

 

 

 

44,477

 

 

 

44,357

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Performance shares

 

 

542

 

 

 

 

 

 

242

 

Restricted shares

 

 

139

 

 

 

 

 

 

47

 

Weighted average common shares outstanding - assuming dilution

 

 

46,690

 

 

 

44,477

 

 

 

44,646

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the year ended December 31, 2020, the number of outstanding performance shares and restricted shares of Core Laboratories N.V. common stock that were excluded from diluted earnings per share calculation, as their impact would be antidilutive, were as follows (in thousands):

 

 

 

December 31, 2020

 

Performance shares

 

 

308

 

Restricted shares

 

 

189