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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Total revenues $ 233,460   $ 628,775  
Expenses:        
Expenses 171,528   490,080  
General and administrative, including stock-based compensation of $5,891 and $2,238 in the three months ended September 30, 2017 and 2016 and $16,615 and $7,355 for the nine months ended September 30, 2017 and 2016, respectively 39,235   109,478  
Restructuring costs 0   0  
Depreciation and amortization 29,478   80,846  
Goodwill impairment 0   0  
(Gain) loss on disposal of assets 26   (664)  
Total expenses 240,267   679,740  
Operating loss (6,807)   (50,965)  
Other income (expense):        
Interest expense (8,892)   (27,181)  
Interest income 5   23  
Bargain purchase gain on acquisition 0   0  
Other income 109   344  
Loss before income taxes (15,585)   (77,779)  
Income tax benefit (expense) 1,740   1,366  
Net loss $ (13,845)   $ (76,413)  
Loss per share of common stock:        
Basic (in dollars per share) $ (0.53)   $ (2.94)  
Diluted (in dollars per share) $ (0.53)   $ (2.94)  
Completion and remedial services        
Revenues:        
Total revenues $ 123,650   $ 311,466  
Expenses:        
Expenses 84,481   232,932  
Water logistics        
Revenues:        
Total revenues 52,333   153,279  
Expenses:        
Expenses 41,281   124,399  
Well servicing        
Revenues:        
Total revenues 54,629   156,302  
Expenses:        
Expenses 43,219   125,931  
Contract drilling        
Revenues:        
Total revenues 2,848   7,728  
Expenses:        
Expenses $ 2,547   $ 6,818  
Predecessor        
Revenues:        
Total revenues   $ 141,610   $ 391,970
Expenses:        
Expenses   116,271   332,951
General and administrative, including stock-based compensation of $5,891 and $2,238 in the three months ended September 30, 2017 and 2016 and $16,615 and $7,355 for the nine months ended September 30, 2017 and 2016, respectively   30,065   86,706
Restructuring costs   10,470   10,470
Depreciation and amortization   53,142   164,141
Goodwill impairment   646   646
(Gain) loss on disposal of assets   (128)   133
Total expenses   210,466   595,047
Operating loss   (68,856)   (203,077)
Other income (expense):        
Interest expense   (23,953)   (67,188)
Interest income   14   23
Bargain purchase gain on acquisition   662   662
Other income   37   378
Loss before income taxes   (92,096)   (269,202)
Income tax benefit (expense)   (1)   3,883
Net loss   $ (92,097)   $ (265,319)
Loss per share of common stock:        
Basic (in dollars per share)   $ (2.16)   $ (6.32)
Diluted (in dollars per share)   $ (2.16)   $ (6.32)
Predecessor | Completion and remedial services        
Revenues:        
Total revenues   $ 49,425   $ 125,348
Expenses:        
Expenses   40,292   107,941
Predecessor | Water logistics        
Revenues:        
Total revenues   47,178   142,919
Expenses:        
Expenses   39,268   119,053
Predecessor | Well servicing        
Revenues:        
Total revenues   43,160   118,891
Expenses:        
Expenses   35,028   101,345
Predecessor | Contract drilling        
Revenues:        
Total revenues   1,847   4,812
Expenses:        
Expenses   $ 1,683   $ 4,612