Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Operating Results of Discontinued Operations

The operating results of the pressure pumping operations and contract drilling operations, which were historically included in the Completions & Remedial Services and Other Services segments, respectively, have been reclassified as discontinued operations in the Consolidated Statement of Operations for the three and six month periods ended June 30, 2020 and 2019, and are detailed in the table below (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Revenues	$	25	$	41,872	$	120	$	85,884
Direct expenses	892		34,105		2,411		74,824
General and administrative	4,203		4,615		6,168		8,383
Depreciation and amortization	—		11,694		—		23,010
Impairment expense	—		—		2,330
Loss (gain) on disposal of assets	(84)		(237)		2,671		521
Total expenses	5,011		50,177		13,580		106,738
Operating loss	(4,986)		(8,305)		(13,460)		(20,854)
Other income (expense):
Interest expense	—		(159)		—		(302)
Interest income	—		—		—		—
Other income	113		2		135		5
Loss from discontinued operations	$	(4,873)	$	(8,462)	$	(13,325)	$	(21,151)

During the six month period ended June 30, 2020, a portion of the assets identified as of December 31, 2019, were disposed. Remaining assets and liabilities related to the divested operations are included in the consolidated balance sheets and consist as follows (in thousands):

	June 30, 2020		December 31, 2019
Assets-held-for-sale
Inventories	$	—	$	2,069
Right of use assets	1,001		1,659
Property, plant and equipment, net	7,744		50,496
Total assets-held-for-sale-future-use	$	8,745	$	54,224
Liabilities related to Assets-held-for-sale
Right of use liabilities	$	1,009	$	1,659
Capital leases	—		3,589
Total Liabilities related to Assets-held-for-sale discontinued operations	$	1,009	$	5,248

Applicable Consolidated Statements of Cash Flow information related to the discontinued operations for the six months ended June 30, 2020, and 2019 are detailed in the table below (in thousands):

	Six Months Ended June 30,
	2020		2019
Cash Flows from Discontinued Operations
Net cash provided (used) by operating activities	$	(8,188)	$	2,980
Net cash provided (used) in investing activities	$	40,514	$	(6,743)