Long-Term Debt and Credit Arrangements - Additional Information (Details) - USD ($)
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6 Months Ended |
12 Months Ended |
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Jun. 14, 2018 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Dec. 31, 2017 |
May 31, 2018 |
Debt Instrument [Line Items] |
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Long-term Debt, Maturities, Repayments of Principal in the Remainder of 2018 |
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$ 204,500,000
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Long-term Debt, Maturities, Repayments of Principal in 2019 |
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47,500,000
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Long-term Debt, Maturities, Repayments of Principal in 2020 |
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7,500,000
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Long-term Debt, Maturities, Repayments of Principal in 2021 |
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7,500,000
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Long-term Debt, Maturities, Repayments of Principal in 2022 |
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7,500,000
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Long-term Debt, Maturities, Repayments of Principal , thereafter |
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215,300,000
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Long-term debt |
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280,710,000
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$ 227,114,000
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$ 178,453,000
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Current maturities of long-term debt |
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207,982,000
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14,796,000
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46,048,000
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Line of credit facility, maximum borrowing capacity |
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500,000,000
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Line of Credit Facility, Current Borrowing Capacity |
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300,000,000
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Line of Credit, Current |
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150,000,000
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Line of Credit, minimum cash balance |
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150,000,000
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Line of Credit Facility, Increase (Decrease), Net |
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100,000,000
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Letters of Credit Outstanding, Amount |
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33,000,000
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0
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Proceeds from long-term debt |
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$ 105,250,000
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0
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Consolidated Leverage Ratio, Maximum |
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0.0300
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Consolidated Interest Coverage Ratio, Actual |
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0.2392
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Consolidated Interest Coverage Ratio, Covenant |
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0.0400
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Layne Christensen Company [Member] |
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Debt Instrument [Line Items] |
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Acquisition purchase price |
$ 349,840,000
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Minimum [Member] |
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Debt Instrument [Line Items] |
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Consolidated leverage ratio financial covenant |
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0.0300
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Acquisition purchase price |
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$ 100,000,000
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Maximum [Member] |
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Debt Instrument [Line Items] |
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Consolidated leverage ratio financial covenant |
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0.0350
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Revolving Credit Facility [Member] |
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Debt Instrument [Line Items] |
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Line of credit facility, maximum borrowing capacity |
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$ 200,000,000
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Line of Credit Facility, Remaining Borrowing Capacity |
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350,000,000
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Proceeds from long-term debt |
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99,000,000
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30,000,000
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55,000,000
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Term Loan [Member] |
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Debt Instrument [Line Items] |
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Current maturities of long-term debt |
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7,500,000
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5,000,000
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6,200,000
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Long-term debt |
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$ 142,500,000
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87,500,000
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83,800,000
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Debt instrument redemption price percentage |
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1.25%
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8.0 % Convertible Notes [Member] |
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Debt Instrument [Line Items] |
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Common stock conversion rate |
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23.1305
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Common stock conversion principal amount |
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$ 1,000
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Conversion price per share |
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$ 43.23
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8.0 % Convertible Notes [Member] | Layne Christensen Company [Member] |
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Debt Instrument [Line Items] |
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Debt instrument, interest rate, stated percentage |
8.00%
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8.00%
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Debt instrument, fair value |
$ 121,600,000
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Debt instrument frequency of periodic payment |
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convertible notes that have an interest rate of 8.0% per annum, payable semi-annually on May 1 and November 1 (“8.0% Convertible Notes”).
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Debt instrument maturity, Ending date |
Aug. 15, 2018
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Debt Instrument, maturity date, description |
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The 8.0% Convertible Notes mature on May 1, 2019; however, if any of the then outstanding 4.25% Convertible Notes remain outstanding on August 15, 2018, the 8.0% Convertible Notes will mature on August 15, 2018 (“Maturity Date”).
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Debt instrument maturity date |
May 01, 2019
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Debt instrument, extended maturity date |
Aug. 15, 2018
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Senior Notes [Member] | 2019 Notes [Member] |
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Debt Instrument [Line Items] |
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Debt instrument, face amount |
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$ 80,000,000
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120,000,000
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80,000,000
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Debt instrument, interest rate, stated percentage |
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6.11%
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Long-term debt |
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$ 40,000,000
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110,000,000
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$ 40,000,000
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Current maturities of long-term debt |
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40,000,000
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10,000,000
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Senior Notes [Member] | 2019 Notes [Member] | Long-term Debt [Member] |
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Debt Instrument [Line Items] |
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Long-term Debt, Maturities, Repayments of Principal in the Remainder of 2018 |
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0
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$ 30,000,000
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Line of Credit [Member] |
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Debt Instrument [Line Items] |
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Line of Credit Facility, Remaining Borrowing Capacity |
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$ 218,000,000
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Consolidated leverage ratio financial covenant |
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0.0210
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Debt Instrument, Basis Spread on Variable Rate, LIBOR Loans |
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1.63%
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Debt Instrument, Basis Spread on Variable Rate |
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0.63%
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Derivative, Variable Interest Rate |
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2.76%
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Consolidated Fixed Charge Coverage Ratio, Minimum, Collateral Release Period |
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1.25
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Consolidated Leverage Ratio, Maximum, Collateral Release Period |
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2.50
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Consolidated Tangible Net Worth, Actual |
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$ 1,000,000,000
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Consolidated Tangible Net Worth, Covenant |
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$ 757,300,000
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Line of Credit [Member] | Minimum [Member] |
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Debt Instrument [Line Items] |
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Line of Credit Facility, Interest Rate at Period End |
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3.96%
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Line of Credit [Member] | Maximum [Member] |
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Debt Instrument [Line Items] |
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Line of Credit Facility, Interest Rate at Period End |
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5.63%
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Convertible Notes [Member] | 8.0 % Convertible Notes [Member] | Layne Christensen Company [Member] |
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Debt Instrument [Line Items] |
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Current maturities of long-term debt |
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$ 90,900,000
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Additional paid-in capital |
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$ 30,700,000
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Convertible Notes [Member] | 4.25% Notes due 2018 [Member] |
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Debt Instrument [Line Items] |
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Common stock conversion rate |
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11.8012
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Common stock conversion principal amount |
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$ 1,000
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Conversion price per share |
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$ 84.74
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Convertible Notes [Member] | 4.25% Notes due 2018 [Member] | Layne Christensen Company [Member] |
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Debt Instrument [Line Items] |
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Debt instrument, interest rate, stated percentage |
4.25%
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Current maturities of long-term debt |
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$ 69,900,000
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Debt instrument, fair value |
$ 69,900,000
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Debt instrument frequency of periodic payment |
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convertible notes that have an interest rate of 4.25% per annum, payable semi-annually in arrears on May 15 and November 15 (“4.25% Convertible Notes”).
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Debt instrument maturity, Beginning date |
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May 31, 2015
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Debt instrument maturity, Ending date |
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Nov. 30, 2015
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Debt instrument, extended maturity date |
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Nov. 30, 2015
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