Impairment of Inventory and Rental Equipment (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Pre-tax Impairment Charges

As a result of these changes in focus and projected declines in asset utilization, the Company recorded a pre-tax

impairment charge during the three months ended June 30, 2015, as follows (in thousands):

Drilling Technologies:
Inventories	$	17,241
Rental equipment	2,327
Production Technologies:
Inventories	804
Total impairment	$	20,372