XML 45 R35.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

We use the same accounting policies to prepare our segment results as are used to prepare our consolidated financial statements. All interest and other non-operating income (expense) is attributable to Corporate & Other and is not allocated to specific segments. Summarized financial information concerning our segments is shown in the following table (in thousands):

 

 

Reservoir
Description

 

 

Production
Enhancement

 

 

Corporate &
Other (1)

 

 

Consolidated

 

Three months ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from unaffiliated clients

 

$

75,818

 

 

$

45,080

 

 

$

—

 

 

$

120,898

 

Inter-segment revenue

 

 

196

 

 

 

61

 

 

 

(257

)

 

 

—

 

Segment operating income (loss)

 

 

5,925

 

 

 

4,949

 

 

 

778

 

 

 

11,652

 

Total assets (at end of period)

 

 

303,222

 

 

 

158,469

 

 

 

115,849

 

 

 

577,540

 

Capital expenditures

 

 

2,051

 

 

 

831

 

 

 

315

 

 

 

3,197

 

Depreciation and amortization

 

 

2,961

 

 

 

1,167

 

 

 

232

 

 

 

4,360

 

Three months ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from unaffiliated clients

 

$

78,252

 

 

$

40,493

 

 

$

—

 

 

$

118,745

 

Inter-segment revenue

 

 

70

 

 

 

41

 

 

 

(111

)

 

 

—

 

Segment operating income (loss)

 

 

7,265

 

 

 

3,831

 

 

 

1,704

 

 

 

12,800

 

Total assets (at end of period)

 

 

335,617

 

 

 

134,146

 

 

 

128,662

 

 

 

598,425

 

Capital expenditures

 

 

2,653

 

 

 

214

 

 

 

17

 

 

 

2,884

 

Depreciation and amortization

 

 

3,060

 

 

 

1,444

 

 

 

247

 

 

 

4,751

 

Six months ended June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from unaffiliated clients

 

$

150,572

 

 

$

85,626

 

 

$

—

 

 

$

236,198

 

Inter-segment revenue

 

 

321

 

 

 

94

 

 

 

(415

)

 

 

—

 

Segment operating income (loss)

 

 

6,287

 

 

 

4,030

 

 

 

944

 

 

 

11,261

 

Total assets (at end of period)

 

 

303,222

 

 

 

158,469

 

 

 

115,849

 

 

 

577,540

 

Capital expenditures

 

 

4,131

 

 

 

888

 

 

 

474

 

 

 

5,493

 

Depreciation and amortization

 

 

5,932

 

 

 

2,506

 

 

 

479

 

 

 

8,917

 

Six months ended June 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from unaffiliated clients

 

$

154,738

 

 

$

72,390

 

 

$

—

 

 

$

227,128

 

Inter-segment revenue

 

 

127

 

 

 

77

 

 

 

(204

)

 

 

—

 

Segment operating income (loss)

 

 

17,317

 

 

 

5,391

 

 

 

1,714

 

 

 

24,422

 

Total assets (at end of period)

 

 

335,617

 

 

 

134,146

 

 

 

128,662

 

 

 

598,425

 

Capital expenditures

 

 

5,053

 

 

 

518

 

 

 

86

 

 

 

5,657

 

Depreciation and amortization

 

 

6,186

 

 

 

2,891

 

 

 

545

 

 

 

9,622

 

(1) "Corporate & Other" represents those items that are not directly related to a particular segment and eliminations.