SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Financial Information Regarding Company's Segments

The following table sets out financial information related to the Company's segments excluding amortization (in thousands):

	Three Months Ended March 31,
	2021								2020
	(Restated)								(Restated)
	SC		IPS		SCS		Total		SC		IPS		SCS		Total
Product sales1	$	165,342	$	—	$	31,777	$	197,119	$	169,795	$	—	$	44,152	$	213,947
Inventory services2	—		—		4,196		4,196		—		—		4,225		4,225
Staffing services3	21,027		—		—		21,027		12,790		—		—		12,790
Pump production4	—		23,245		—		23,245		—		70,021		—		70,021
Total Revenue	$	186,369	$	23,245	$	35,973	$	245,587	$	182,585	$	70,021	$	48,377	$	300,983
Income (loss) from operations	$	22,137	$	947	$	2,323	$	25,407	$	17,330	$	10,428	$	3,755	$	31,513

1Product sales that are recognized at a point in time.

2 Inventory management services that are recognized over the contract life.

3Staffing services that are invoiced on a day-rate basis.

4Custom pump production is recognized over time.

Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes

The following table presents reconciliations of operating income for reportable segments to the consolidated income before taxes (in thousands):

	Three Months Ended March 31,
	2021		2020
	(Restated)		(Restated)
Operating income for reportable segments	$	25,407	$	31,513
Adjustment for:
Amortization of intangible assets	4,146		3,197
Impairment and other charges	—		—
Corporate expenses	15,028		16,997
Income (loss) from operations	$	6,233	$	11,319
Interest expense	5,243		4,377
Other (income) expense, net	(430)		(834)
Income (loss) before income taxes	$	1,420	$	7,776