BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

BUSINESS SEGMENT INFORMATION

Schedule of operating segment revenues by major service lines

	Three months ended
	March 31,
(in thousands)	2024		2023
Technical Services:
Pressure Pumping	$	176,256	$	264,801
Downhole Tools		93,794		107,404
Coiled Tubing		33,168		40,066
Cementing		27,751		6,245
Nitrogen		9,550		12,097
Snubbing		4,856		7,091
All other		11,019		14,287
Total Technical Services		356,394		451,991
Support Services:
Rental Tools		15,974		17,676
All other		5,465		7,001
Total Support Services		21,439		24,677
Total revenues	$	377,833	$	476,668

Schedule of segment reporting information by segment

	Three months ended
	March 31,
(in thousands)	2024		2023
Revenues:
Technical Services	$	356,394	$	451,991
Support Services		21,439		24,677
Total revenues	$	377,833	$	476,668
Operating income:
Technical Services	$	31,956	$	103,533
Support Services		3,599		6,644
Corporate expenses		(4,420)		(5,081)
Pension settlement charges		—		(17,375)
Gain on disposition of assets, net		1,214		2,936
Total operating income		32,349		90,657
Interest expense		(234)		(72)
Interest income		2,965		1,855
Other income, net		767		761
Income before income taxes	$	35,847	$	93,201

As of and for the three months ended	Technical		Support
March 31, 2024	Services		Services		Corporate		Total
(in thousands)
Depreciation and amortization	$	27,170	$	2,815	$	19	$	30,004
Capital expenditures		43,869		7,813		1,096		52,778
Identifiable assets		897,462		79,763		320,008		1,297,233

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

Schedule of revenue by geographical location

	Three months ended
	March 31,
(in thousands)	2024		2023
United States revenues	$	367,938	$	469,387
International revenues		9,895		7,281
Total revenues	$	377,833	$	476,668