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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Summary Of Significant Accounting Policies [Abstract]  
Schedule of Inventory, Current [Table Text Block]



 

 

 

 

 

 



 

 

 

 

 

 



 

December 31,



 

2016

 

2015

Finished goods

 

$

49,888 

 

$

71,951 

Raw materials

 

 

17,948 

 

 

23,418 

Work-in-process

 

 

5,214 

 

 

18,203 

Supplies and consumables

 

 

30,029 

 

 

35,189 

Total

 

$

103,079 

 

$

148,761 



 

 

 

 

 

 



Estimated Useful Lives Of The Related Assets

Buildings and improvements

5

to

40 

years

Marine vessels and equipment

5

to

25 

years

Machinery and equipment

2

to

25 

years

Automobiles, trucks, tractors and trailers

3

to

10 

years

Furniture and fixtures

2

to

10 

years



Summary Of Activity Of Goodwill



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



 

 

 

Onshore

 

 

 

 

 

 



Drilling

 

Completion

 

 

 

 

 

 



Products

 

and Workover

 

Production

 

 

 



and Services

 

Services

 

Services

 

Total



 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2014

$

142,839 

 

$

1,419,550 

 

$

906,020 

 

$

2,468,409 

Acquisition activities

 

 -

 

 

 -

 

 

1,170 

 

 

1,170 

Reduction in value of assets

 

 -

 

 

(740,000)

 

 

(586,701)

 

 

(1,326,701)

Foreign currency translation adjustment

 

(1,557)

 

 

 -

 

 

(1,220)

 

 

(2,777)

Other

 

 -

 

 

44,000 

 

 

(44,000)

 

 

 -

Balance, December 31, 2015

 

141,282 

 

 

723,550 

 

 

275,269 

 

 

1,140,101 

Reduction in value of assets

 

 -

 

 

(140,000)

 

 

(190,500)

 

 

(330,500)

Foreign currency translation adjustment

 

(5,321)

 

 

 -

 

 

(363)

 

 

(5,684)

Balance, December 31, 2016

$

135,961 

 

$

583,550 

 

$

84,406 

 

$

803,917 



Composition Of Intangible And Other Long-term Assets



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

December 31,



 

 

 

2016

 

2015



 

Estimated

 

Gross

 

Accumulated

 

Net

 

Gross

 

Accumulated

 

Net



 

Useful Lives

 

Amount

 

Amortization

 

Balance

 

Amount

 

Amortization

 

Balance

Customer relationships

 

17 years

 

$

164,603 

 

$

(52,747)

 

$

111,856 

 

$

257,364 

 

$

(65,209)

 

$

192,155 

Tradenames

 

10 years

 

 

30,519 

 

 

(14,123)

 

 

16,396 

 

 

36,119 

 

 

(15,371)

 

 

20,748 

Non-compete agreements

 

3 years

 

 

2,790 

 

 

(2,718)

 

 

72 

 

 

3,242 

 

 

(2,940)

 

 

302 

Total

 

 

 

$

197,912 

 

$

(69,588)

 

$

128,324 

 

$

296,725 

 

$

(83,520)

 

$

213,205 



Summary Of The Activity For Company's Decommissioning Liabilities



 

 

 

 

 

 



 

 

 

 

 

 



 

December 31,



 

2016

 

2015

Decommissioning liabilities, December 31, 2015 and 2014, respectively

 

$

117,942 

 

$

88,000 

Revisions in estimated timing and cash flows

 

 

(2,132)

 

 

24,660 

Accretion

 

 

6,959 

 

 

5,016 

Liability acquisitions and dispositions

 

 

908 

 

 

266 

Total decommissioning liabilities, December 31, 2016 and 2015, respectively

 

$

123,677 

 

$

117,942