Discontinued Operations (Tables)

9 Months Ended

Sep. 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 nine month periods ended September 30, 2020 and 2019, and are detailed in the table below (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Revenues	$	—	$	34,202	$	120	$	120,086
Direct expenses	2,304		29,886		4,714		104,710
General and administrative	400		3,605		6,567		11,994
Depreciation and amortization	—		14,576		—		37,586
Impairment expense	—		—		2,330		—
Loss (gain) on disposal of assets	24		99		2,833		620
Total expenses	2,728		48,166		16,444		154,910
Operating loss	(2,728)		(13,964)		(16,324)		(34,824)
Other income (expense):
Interest expense	(201)		(146)		(64)		(448)
Other income	3		10		138		21
Loss from discontinued operations	$	(2,926)	$	(14,100)	$	(16,250)	$	(35,251)

During the nine month period ended September 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):

	September 30, 2020		December 31, 2019
Assets-held-for-sale
Inventories	$	—	$	2,069
Right of use assets	860		1,659
Property, plant and equipment, net	7,582		50,496
Total assets-held-for-sale-future-use	$	8,442	$	54,224
Liabilities related to Assets-held-for-sale
Right of use liabilities	$	869	$	1,659
Capital leases	—		3,589
Total Liabilities related to Assets-held-for-sale discontinued operations	$	869	$	5,248

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

	Nine Months Ended September 30,
	2020		2019
Cash Flows from Discontinued Operations
Net cash provided (used) by operating activities	$	(11,087)	$	2,955
Net cash provided (used) in investing activities	$	41,106	$	(7,950)