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Segment Data
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Data Segment Data
Summarized operating results for our reportable segments are shown in the following table (net of inter-segment transfers):
 Second QuarterFirst Half
(In thousands)2023202220232022
Revenues
Fluids Systems$135,181 $145,261 $279,355 $286,275 
Industrial Solutions48,075 48,883 103,931 84,307 
Industrial Blending— — — — 
Total revenues$183,256 $194,144 $383,286 $370,582 
Operating income (loss)
Fluids Systems$1,965 $425 $5,431 $3,799 
Industrial Solutions12,774 9,754 27,257 16,112 
Industrial Blending— (8,912)— (9,798)
Corporate office(8,861)(7,484)(16,667)(15,363)
Total operating income (loss)$5,878 $(6,217)$16,021 $(5,250)
    
We regularly review our global portfolio of business activities. These reviews focus on evaluating changes in the outlook for our served markets and customer priorities, while identifying opportunities for value-creating options in our portfolio, and placing investment emphasis in markets where we generate strong returns and where we see greater long-term viability and stability. As part of this review, we completed certain actions in 2022, including the sale of our Excalibar U.S. mineral grinding business (“Excalibar”), the exit of our Industrial Blending operations, and the exit of our Gulf of Mexico fluids operations.
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:
 Second QuarterFirst Half
(In thousands)2023202220232022
Revenues
Excalibar$— $12,099 $— $26,445 
Gulf of Mexico— 7,412 — 10,106 
Total revenues$— $19,511 $— $36,551 
Operating income (loss)
Excalibar$— $817 $(77)$1,650 
Gulf of Mexico(2,107)(3,643)(4,418)(6,260)
Total operating income (loss)$(2,107)$(2,826)$(4,495)$(4,610)
Summarized net assets remaining from the business units exited in 2022 are shown in the following table:
(In thousands)June 30, 2023December 31, 2022
Receivables, net$1,845 $27,798 
Inventories1,207 5,805 
Accounts payable(73)(2,060)
Accrued liabilities— (311)
Total net assets$2,979 $31,232 
The net assets remaining as of June 30, 2023 primarily reflect remaining Gulf of Mexico working capital, the majority of which we expect to realize in the third quarter of 2023.
The Fluids Systems segment includes the following facility exit and other recent developments in 2023:
•In the first half of 2023, we incurred $4.4 million in net facility exit and other costs related to the exit from our Gulf of Mexico operations.
•In the first half of 2023, we incurred $1.6 million of total charges (included in impairments and other charges) related to our 2023 decision to exit the stimulation chemicals product line. These charges related to inventory write-downs to reduce the carrying values of certain inventory related to the exit of our stimulation chemicals product line to their net realizable value. At June 30, 2023, we had $2.3 million of inventory remaining related to the stimulation chemicals product line that we expect to monetize in the second half of 2023.
•In the first half of 2023, we incurred $1.2 million of total charges (included in impairments and other charges) related to our 2023 decision to exit certain operations for offshore Australia. These charges include $1.0 million related to inventory write-downs to reduce the carrying values of certain inventory related to the exit of our offshore Australia operations to their net realizable value, as well as impairments related to the long-lived assets previously used in the now exited business. At June 30, 2023, we had $0.5 million of assets related to our offshore Australia operations that we expect to monetize in the second half of 2023.
•In the first quarter of 2023, we completed our customer contract in Chile and are in the process of winding down our in-country operations. At June 30, 2023, we had $3 million of net assets and $0.5 million of accumulated translation losses related to our subsidiary in Chile. As we monetize these assets in 2023, we will reclassify the translation losses and recognize a charge to income at such time when we have substantially liquidated our subsidiary in Chile.
As a result of the above, operating results for the Fluids Systems segment include the following charges.
Second QuarterFirst Half
(In thousands)2023202220232022
Impairments and other charges$2,816 $— $2,816 $— 
Facility exit costs and other, net2,107 — 4,399 — 
Severance costs148 84 1,103 236 
Total Fluids Systems impairments and other charges$5,071 $84 $8,318 $236 
The following table presents further disaggregated revenues for the Fluids Systems segment:
Second QuarterFirst Half
(In thousands)2023202220232022
United States$59,955 $85,355 $128,853 $156,198 
Canada10,399 11,344 29,764 33,579 
Total North America70,354 96,699 158,617 189,777 
EMEA60,913 42,870 113,490 87,045 
Other3,914 5,692 7,248 9,453 
Total International64,827 48,562 120,738 96,498 
Total Fluids Systems revenues$135,181 $145,261 $279,355 $286,275 
The following table presents further disaggregated revenues for the Industrial Solutions segment:
Second QuarterFirst Half
(In thousands)2023202220232022
Product sales revenues$8,126 $18,539 $27,622 $22,962 
Rental revenues21,743 17,546 42,874 35,161 
Service revenues18,206 12,798 33,435 26,184 
Total Industrial Solutions revenues$48,075 $48,883 $103,931 $84,307