BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

BUSINESS SEGMENT INFORMATION

Schedule of operating segment revenues by major service lines

	Three months ended
	March 31,
(in thousands)	2023		2022
Technical Services:
Pressure Pumping	$	264,801	$	119,898
Downhole Tools		107,404		81,070
Coiled Tubing		40,066		26,850
Nitrogen		12,097		7,603
Snubbing		7,091		6,212
All other		20,532		24,716
Total Technical Services	$	451,991	$	266,349
Support Services:
Rental Tools	$	17,676	$	13,063
All other		7,001		5,212
Total Support Services	$	24,677	$	18,275
Total revenues	$	476,668	$	284,624

Schedule of revenue by geographical location

	Three months ended
	March 31,
(in thousands)	2023		2022
United States revenues	$	469,387	$	275,345
International revenues		7,281		9,279
Total revenues	$	476,668	$	284,624

Schedule of segment reporting information by segment

	Three months ended
	March 31,
(in thousands)	2023		2022
Revenues:
Technical Services	$	451,991	$	266,349
Support Services		24,677		18,275
Total revenues	$	476,668	$	284,624
Operating income:
Technical Services	$	103,533	$	21,811
Support Services		6,644		2,780
Corporate expenses		(5,081)		(4,510)
Pension settlement charge		(17,375)		—
Gain on disposition of assets, net		2,936		2,954
Total operating income	$	90,657	$	23,035
Interest expense		(72)		(178)
Interest income		1,855		15
Other income, net		761		504
Income before income taxes	$	93,201	$	23,376

As of and for the three months ended	Technical		Support
March 31, 2023	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	22,008	$	2,104	$	13	$	24,125
Capital expenditures		63,002		1,313		985		65,300
Identifiable assets		851,689		82,530		253,611		1,187,830

As of and for the three months ended	Technical		Support
March 31, 2022	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	16,974	$	2,427	$	65	$	19,466
Capital expenditures		16,624		2,410		50		19,084
Identifiable assets		616,961		74,021		200,186		891,168