BUSINESS SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

BUSINESS SEGMENT INFORMATION

Schedule of operating segment revenues by major service lines

	Three months ended				Six months ended
	June 30,				June 30,
(in thousands)	2023		2022		2023		2022
Technical Services:
Pressure Pumping	$	209,820	$	194,641	$	474,621	$	314,539
Downhole Tools		101,589		89,927		208,993		170,997
Coiled Tubing		38,355		36,315		78,421		63,165
Nitrogen		12,719		10,789		24,816		18,392
Snubbing		7,672		7,025		14,763		13,237
All other		19,863		17,406		40,395		42,122
Total Technical Services	$	390,018	$	356,103	$	842,009	$	622,452
Support Services:
Rental Tools	$	18,334	$	14,314	$	36,010	$	27,377
All other		7,506		5,090		14,507		10,302
Total Support Services	$	25,840	$	19,404	$	50,517	$	37,679
Total revenues	$	415,858	$	375,507	$	892,526	$	660,131

Schedule of revenue by geographical location

	Three months ended				Six months ended
	June 30,				June 30,
(in thousands)	2023		2022		2023		2022
United States revenues	$	409,431	$	368,824	$	878,818	$	644,169
International revenues		6,427		6,683		13,708		15,962
Total revenues	$	415,858	$	375,507	$	892,526	$	660,131

Schedule of segment reporting information by segment

	Three months ended				Six months ended
	June 30,				June 30,
(in thousands)	2023		2022		2023		2022
Revenues:
Technical Services	$	390,018	$	356,103	$	842,009	$	622,452
Support Services		25,840		19,404		50,517		37,679
Total revenues	$	415,858	$	375,507	$	892,526	$	660,131
Operating income:
Technical Services	$	77,017	$	59,827	$	180,550	$	81,638
Support Services		7,920		3,334		14,564		6,114
Corporate expenses		(4,672)		(4,544)		(9,753)		(9,054)
Pension settlement charges		(911)		—		(18,286)		—
Gain on disposition of assets, net		3,015		1,798		5,951		4,752
Total operating income	$	82,369	$	60,415	$	173,026	$	83,450
Interest expense		(73)		(222)		(145)		(400)
Interest income		2,698		128		4,553		143
Other income, net		631		79		1,392		583
Income before income taxes	$	85,625	$	60,400	$	178,826	$	83,776

As of and for the six months ended	Technical		Support
June 30, 2023	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	45,580	$	4,723	$	25	$	50,328
Capital expenditures		97,317		5,285		1,886		104,488
Identifiable assets		853,837		87,972		286,379		1,228,188

As of and for the six months ended	Technical		Support
June 30, 2022	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	34,682	$	4,752	$	126	$	39,560
Capital expenditures		43,418		7,066		94		50,578
Identifiable assets		702,162		76,205		186,712		965,079