Industry Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2021

Summarized financial information concerning the business segments is as follows:


	Year Ended December 31,
	2021		2020		2019
	(In Thousands)
Revenues from external customers
Product sales
Completion Fluids & Products Division	$	211,201	$	229,809	$	258,632
Water & Flowback Services Division	4,028		2,912		921

Consolidated	$	215,229	$	232,721	$	259,553

Services
Completion Fluids & Products Division	$	8,447	$	12,852	$	20,623
Water & Flowback Services Division	164,596		132,142		281,065

Consolidated	$	173,043	$	144,994	$	301,688








Total revenues
Completion Fluids & Products Division	$	219,648	$	242,661	$	279,255
Water & Flowback Services Division	168,624		135,054		281,986


Consolidated	$	388,272	$	377,715	$	561,241

Depreciation, amortization, and accretion
Completion Fluids & Products	$	7,542	$	7,581	$	13,518
Water & Flowback Services	25,060		29,913		33,410
Corporate	900		720		635
Consolidated	$	33,502	$	38,214	$	47,563

Interest expense
Completion Fluids & Products	$	44	$	73	$	68
Water & Flowback Services	7		4		7
Corporate	16,506		19,249		21,733
Consolidated interest expense	16,557		$	19,326	$	21,808
Consolidated interest income	(180)		(400)		(552)
Consolidated interest expense, net	$	16,377	$	18,926	$	21,256

Income (loss) before taxes and discontinued operations
Completion Fluids & Products	$	54,981	$	55,334	$	(33,969)
Water & Flowback Services	(11,116)		(21,850)		(21,173)
Interdivision eliminations	12		12		14
Corporate(1)	(58,598)		(58,582)		(72,981)
Consolidated	$	(14,721)	$	(25,086)	$	(128,109)

(1) Amounts reflected include the following general corporate expenses:


	Year Ended December 31,
	2021		2020		2019
	(In Thousands)
General and administrative expense	$	39,990	$	36,201	$	51,466
Depreciation, amortization and impairment	1,032		818		631
Interest expense, net	17,483		20,727		21,977

Other general corporate (income) expense, net	93		836		(1,093)
Total	$	58,598	$	58,582	$	72,981


	December 31,
	2021		2020
	(In Thousands)
Total assets
Completion Fluids & Products	$	200,869	$	218,952
Water & Flowback Services	146,110		136,511
Corporate, other and eliminations	51,287		67,370
Assets of discontinued operations	—		710,006
Consolidated	$	398,266	$	1,132,839


	Year Ended December 31,
	2021		2020		2019
	(In Thousands)
Capital expenditures
Completion Fluids & Products	$	3,828	$	4,016	$	7,140
Water & Flowback Services	13,620		9,651		24,340
Corporate	105		1,023		1,033
Discontinued operations (1)	2,980		14,696		75,760
Consolidated	$	20,533	$	29,386	$	108,273

(1) Amounts presented are net of cost of equipment sold, including zero during 2021, $12.7 million during 2020 and $6.5 million during 2019 for our former Compression Division.

Financial Information by Geographic Area Table

Summarized financial information concerning the geographic areas of our customers and in which we operate at December 31, 2021, 2020, and 2019, is presented below:


	Year Ended December 31,
	2021		2020		2019
	(In Thousands)
Revenues from external customers
United States	$	251,786	$	225,835	$	411,284
Canada and Mexico	5,363		1,347		6,616
South America	10,473		11,583		13,188
Europe	88,136		90,303		93,327
Africa	2,262		8,128		16,874
Middle East, Asia and other	30,252		40,519		19,952
Total	$	388,272	$	377,715	$	561,241
Transfers between geographic areas:
Europe	195		848		1,802
Eliminations	(195)		(848)		(1,802)
Total revenues	$	388,272	$	377,715	$	561,241