Asset Impairments and Other Charges and Benefits (Tables)

9 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Asset Impairment Charges

In this regard, during the first nine months of 2021, the Company continued its restructuring efforts, closed additional facilities in the United States and continued to assess the carrying value of its assets based on management actions and the industry outlook regarding demand for and pricing of its products and services, and recorded the following charges (in thousands):

	Offshore/ Manufactured Products		Well Site Services		Downhole Technologies		Corporate		Pre-tax Total		Tax		After-tax Total
First quarter 2021
Impairments of fixed assets (Note 4)	$	—	$	650	$	—	$	—	$	650	$	137	$	513
Severance and restructuring costs	282		1,306		275		1,555		3,418		717		2,701
Second quarter 2021
Impairments of operating lease assets (Note 4)	$	—	$	2,794	$	—	$	—	$	2,794	$	587	$	2,207
Severance and restructuring costs	—		2,351		203		—		2,554		536		2,018
Third quarter 2021
Impairment of inventories (Note 4)	$	—	$	—	$	2,113	$	—	$	2,113	$	444	$	1,669
Severance and restructuring costs	256		352		129		—		737		154		583