IMPAIRMENT AND OTHER CHARGES

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 2021 and 2020 which are reflected in “Impairment and other charges” in the consolidated statements of operations:

	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands)	2021		2020		2021		2020
Long Lived Asset Impairments (1)	$	—	$	—	$	—	$	204,765
Severance Costs		—		—		—		1,882
Other (2)		—		—		—		528
Total	$	—	$	—	$	—	$	207,175

^(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.