XML 60 R37.htm IDEA: XBRL DOCUMENT v3.20.4
Intangibles and Goodwill (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets by Major Class

The components of intangibles, net are as follows (in thousands):

 

 

 

 

 

December 31,

 

 

 

 

 

2020

 

 

2019

 

 

 

Useful life

 

Gross Carrying

 

 

Accumulated Amortization

 

 

Gross Carrying

 

 

Accumulated

 

 

 

in years

 

Value

 

 

and Impairment

 

 

Value

 

 

Amortization

 

Acquired trade secrets

 

2-20

 

$

4,278

 

 

$

3,120

 

 

$

3,613

 

 

$

2,463

 

Acquired patents, technology and trademarks

 

4-15

 

 

15,348

 

 

 

12,677

 

 

 

15,622

 

 

 

4,193

 

Agreements not to compete

 

2-5

 

 

1,149

 

 

 

1,036

 

 

 

1,149

 

 

 

919

 

Acquired trade names

 

Indefinite

 

 

4,641

 

 

 

 

 

 

4,641

 

 

 

 

Total intangibles, net

 

 

 

$

25,416

 

 

$

16,833

 

 

$

25,025

 

 

$

7,575

 

 

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Our estimated amortization expense relating to these intangibles for the next five years is summarized in the following table (in thousands):

2021

 

$

1,335

 

2022

 

$

1,309

 

2023

 

$

1,042

 

2024

 

$

1,034

 

2025

 

$

892

 

Schedule of Goodwill

The changes in the carrying amount of goodwill for each reportable segment are as follows (in thousands):

 

 

Reservoir

 

 

Production

 

 

 

 

 

 

 

Description

 

 

Enhancement

 

 

Total

 

Balance at January 1, 2019

 

$

99,484

 

 

$

119,928

 

 

$

219,412

 

Adjustments to goodwill acquired in previous year

 

 

 

 

 

(5,987

)

 

 

(5,987

)

Balance at December 31, 2019

 

 

99,484

 

 

 

113,941

 

 

 

213,425

 

Impairment

 

 

 

 

 

(113,941

)

 

 

(113,941

)

Other

 

 

(39

)

 

 

 

 

 

(39

)

Balance at December 31, 2020

 

$

99,445

 

 

$

 

 

$

99,445