Industry Segments (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segment Reporting Table

Summarized financial information concerning the business segments is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands)
Revenues from external customers
Product sales
Completion Fluids & Products Division	$	55,354	$	46,322	$	195,469	$	153,905
Water & Flowback Services Division	140		18		381		50
Consolidated	$	55,494	$	46,340	$	195,850	$	153,955
Services
Completion Fluids & Products Division	$	3,809	$	2,369	$	11,686	$	5,914
Water & Flowback Services Division	75,709		46,765		198,229		115,255
Consolidated	$	79,518	$	49,134	$	209,915	$	121,169
Total revenues
Completion Fluids & Products Division	$	59,163	$	48,691	$	207,155	$	159,819
Water & Flowback Services Division	75,849		46,783		198,610		115,305
Consolidated	$	135,012	$	95,474	$	405,765	$	275,124
Income (loss) before taxes
Completion Fluids & Products Division	$	12,357	$	14,675	$	46,910	$	40,113
Water & Flowback Services Division	6,482		(1,807)		10,808		(12,265)
Interdivision Eliminations	3		3		9		9
Corporate Overhead(1)	(16,727)		(9,789)		(45,398)		(41,820)
Consolidated	$	2,115	$	3,082	$	12,329	$	(13,963)

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands)
General and administrative expense	$	11,968	$	8,409	$	33,856	$	30,973
Depreciation and amortization	165		228		528		646
Interest expense	4,437		4,247		11,978		13,354
Warrants fair value adjustment (income) expense	—		(3,164)		—		(143)
Other general corporate (income) expense, net	157		69		(964)		(3,010)
Total	$	16,727	$	9,789	$	45,398	$	41,820