Basis of Presentation and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Summary of Significant Accounting Policies (Tables)



	March 31, 2016		December 31, 2015
	(In Thousands)
Finished goods	$	69,109	$	54,587
Raw materials	2,752		1,731
Parts and supplies	37,476		37,379
Work in progress	17,345		23,312
Total inventories	$	126,682	$	117,009

Weighted Average Shares Outstanding Table



	Three Months Ended March 31,
	2016	2015
	(In Thousands)
Number of weighted average common shares outstanding	79,421	78,907
Assumed exercise of stock awards	—	—
Average diluted shares outstanding	79,421	78,907

Services and Rentals Revenues Table



	Three Months Ended March 31,
	2016		2015
	(In Thousands)
Rental revenue	$	14,101	$	50,524
Cost of rental revenue	$	12,974	$	24,523

Schedule of Goodwill Table



	Fluids		Production Testing			Compression			Offshore Services		Maritech		Total
	(In Thousands)
Balance as of December 31, 2014	6,636		53,682			233,548			—		—		293,866
Goodwill adjustments	—		(39,775		)	(141,146		)	—		—		(180,921		)
Balance as of December 31, 2015	6,636		13,907			92,402			—		—		112,945
Goodwill adjustments	—		(13,907		)	(92,402		)	—		—		(106,309		)
Balance as of March 31, 2016	$	6,636	$	—		$	—		$	—	$	—	$	6,636

Fair Value Measurements on a Recurring Basis Table



				Fair Value Measurements Using
	Total as of			Quoted Prices in Active Markets for Identical Assets or Liabilities	Significant Other Observable Inputs		Significant Unobservable Inputs
Description	March 31, 2016			(Level 1)	(Level 2)		(Level 3)
	(In Thousands)
Asset for foreign currency derivative contracts	$	453		—	453		—
Liability for foreign currency derivative contracts	(69		)	—	(69	)	—
Net liability	$	384



				Fair Value Measurements Using
	Total as of			Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	Dec 31, 2015			(Level 1)		(Level 2)		(Level 3)
	(In Thousands)
Asset for foreign currency derivative contracts	$	23		$	—	23		—
Liability for foreign currency derivative contracts	(385		)	—		(385	)	—
Acquisition contingent consideration liability	—			—		—		—
Net liability	$	(362	)

During the first quarter of 2016, in connection with the review of goodwill impairment of our Compression and Production Testing Divisions, these segments recorded total impairment charges of approximately $116.9 million, reflecting the decreased fair value for certain assets. For further discussion, see "Goodwill" and "Impairment of Long-Lived Assets" section above. The fair values used in these impairment calculations were estimated based on a variety of measurements, including current replacement cost and discounted estimated future cash flows, all of which are based on significant unobservable inputs (a level 3 fair value measurement) in accordance with the fair value hierarchy. A summary of these nonrecurring fair value measurements as of March 31, 2016, using the fair value hierarchy is as follows:



			Fair Value Measurements Using
	Total as of		Quoted Prices in Active Markets for Identical Assets or Liabilities	Significant Other Observable Inputs	Significant Unobservable Inputs	Year-to-Date Impairment
Description	Mar 31, 2016		(Level 1)	(Level 2)	(Level 3)	Losses
	(In Thousands)
Compression intangible assets	$	20,600	—	—	20,600	$	7,865
Compression goodwill	—		—	—	—	92,333
Production Testing intangible assets	2,900		—	—	2,900	2,804
Production Testing goodwill	—		—	—	—	13,871
Other	—		—	—	—	—
Total	$	23,500				$	116,873