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Pension Settlement, Impairment and Other Charges (Tables)
12 Months Ended
Dec. 31, 2022
Pension Settlement, Impairment and Other Charges  
Schedule of pension settlement, impairment and other charges

(in thousands)

2022

2021

2020

Long lived asset impairments (1)

$

$

$

204,765

Abandonment of assets (2)

5,976

Pension settlement loss (3)

 

2,921

 

 

4,660

Severance costs

 

 

 

1,882

Assets held for sale write down (4)

 

 

 

192

Other

 

 

 

18

Total

$

2,921

$

$

217,493

(1).

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

(2).

Represents the final disposition of assets that were ceased to be used during 2019 and recorded at salvage value. Also includes interest costs related to leased assets that were impaired in 2019.

(3).

Represents the non-cash settlement loss. See Note 13 for further details.

(4).

Represents the final settlement on certain real estate properties that were recorded as held for sale.