IMPAIRMENT AND OTHER CHARGES

3 Months Ended

Mar. 31, 2021

IMPAIRMENT AND OTHER CHARGES

IMPAIRMENT AND OTHER CHARGES

4.    IMPAIRMENT AND OTHER CHARGES

The Company recorded the following pre-tax charges during the three months ended March 31, 2021 and 2020 which are reflected in “Impairment and other charges” in the consolidated statements of operations:

	Three months ended
	March 31,		March 31,
(in thousands)	2021		2020
Long-lived asset impairments (1)	$	—	$	204,765
Severance costs		—		395
Other (2)		—		376
Total	$	—	$	205,536

^(1).     Relates solely to the Technical Services segment and primarily includes pressure pumping and coiled tubing assets.

^(2).     Includes interest costs related to leased assets that were impaired in the third and fourth quarter of 2019 and additional costs related to abandoned assets.

See Note 7 for details of impairment and other charges by segment.