Segment Data (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Operating Results for Reportable Segments

Summarized operating results for our reportable segments are shown in the following table (net of inter-segment transfers):

	First Quarter
(In thousands)	2023		2022
Revenues
Fluids Systems	$	144,174	$	141,014
Industrial Solutions	55,856		35,424
Industrial Blending	—		—
Total revenues	$	200,030	$	176,438
Operating income (loss)
Fluids Systems	$	3,466	$	3,374
Industrial Solutions	14,483		6,358
Industrial Blending	—		(886)
Corporate office	(7,806)		(7,879)
Total operating income	$	10,143	$	967

Schedule of Operating Result of Exited Business

Summarized operating results of our now exited Excalibar business and Gulf of Mexico operations, both included in the Fluids Systems segment historical results, are shown in the following table:

	First Quarter
(In thousands)	2023		2022
Revenues
Excalibar	$	—	$	14,346
Gulf of Mexico	—		2,694
Total revenues	$	—	$	17,040
Operating income (loss)
Excalibar	$	(77)	$	833
Gulf of Mexico	(2,311)		(2,617)
Total operating income (loss)	$	(2,388)	$	(1,784)

Summarized net assets remaining from the business units exited in 2022 are shown in the following table:

(In thousands)	March 31, 2023		December 31, 2022
Receivables, net	$	9,391	$	27,798
Inventories	1,409		5,805
Accounts payable	(575)		(2,060)
Accrued liabilities	—		(311)
Total net assets	$	10,225	$	31,232

Schedule of Disaggregated Revenues, Geographic

The following table presents further disaggregated revenues for the Fluids Systems segment:

	First Quarter
(In thousands)	2023		2022
United States	$	68,898	$	70,843
Canada	19,365		22,235
Total North America	88,263		93,078
EMEA	52,577		44,175
Other	3,334		3,761
Total International	55,911		47,936
Total Fluids Systems revenues	$	144,174	$	141,014

Schedule of Disaggregated Revenues, Segments

The following table presents further disaggregated revenues for the Industrial Solutions segment:

	First Quarter
(In thousands)	2023		2022
Product sales revenues	$	19,496	$	4,423
Rental revenues	21,131		17,615
Service revenues	15,229		13,386
Total Industrial Solutions revenues	$	55,856	$	35,424