BUSINESS SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2021

BUSINESS SEGMENT INFORMATION

Schedule of operating segment revenues by major service lines

	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands)	2021		2020		2021		2020
Technical Services:
Pressure Pumping	$	96,322	$	43,133	$	243,401	$	163,614
Downhole Tools		61,979		34,331		177,209		148,994
Coiled Tubing		26,733		12,407		61,900		37,619
Nitrogen		8,996		8,281		28,195		23,834
Snubbing		3,748		1,974		10,685		5,371
All other		14,064		9,152		39,212		38,079
Total Technical Services	$	211,842	$	109,278	$	560,602	$	417,511
Support Services:
Rental Tools	$	8,545	$	3,752	$	23,126	$	19,227
All other		4,923		3,558		12,949		12,927
Total Support Services	$	13,468	$	7,310	$	36,075	$	32,154
Total revenues	$	225,310	$	116,588	$	596,677	$	449,665

Schedule of revenue by geographical location

	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands)	2021		2020		2021		2020
United States revenues	$	217,711	$	110,823	$	572,170	$	421,323
International revenues		7,599		5,765		24,507		28,342
Total revenues	$	225,310	$	116,588	$	596,677	$	449,665

Schedule of segment reporting information by segment

	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands)	2021		2020		2021		2020
Revenues:
Technical Services	$	211,842	$	109,278	$	560,602	$	417,511
Support Services		13,468		7,310		36,075		32,154
Total revenues	$	225,310	$	116,588	$	596,677	$	449,665
Operating income (loss):
Technical Services	$	8,272	$	(24,941)	$	3,938	$	(71,248)
Support Services		(55)		(3,840)		(5,353)		(4,139)
Corporate Expenses		(3,080)		(6,534)		(9,760)		(13,003)
Impairment and Other Charges (1)		—		—		—		(207,175)
Gain on disposition of assets, net		2,837		3,563		7,408		7,576
Total operating income (loss)	$	7,974	$	(31,752)	$	(3,767)	$	(287,989)
Interest expense		(1,280)		(73)		(1,763)		(257)
Interest income		15		29		47		431
Other income (expense), net		448		769		1,571		(1,020)
Income (loss) before income taxes	$	7,157	$	(31,027)	$	(3,912)	$	(288,835)

⁽¹⁾ Represents $541 related to Corporate and the remainder to Technical Services.

As of and for the nine months ended	Technical		Support
September 30, 2021	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	46,341	$	7,232	$	202	$	53,775
Capital expenditures		38,794		5,436		695		44,925
Identifiable assets	$	556,385	$	74,135	$	196,120	$	826,640

As of and for the nine months ended	Technical		Support
September 30, 2020	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	77,224	$	5,088	$	209	$	77,521
Capital expenditures		43,437		8,338		538		52,313
Identifiable assets	$	475,168	$	64,463	$	261,246	$	800,877