Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Summary of financial information has been segregated from continuing operations

The following summarized financial information has been segregated from continuing operations and reported as Discontinued Operations for the three months ended March 31, 2017 (in thousands):

Drilling Technologies
Revenue	$	6,797
Cost of revenue	(4,655		)
Selling, general and administrative	(3,031		)
Gain on disposal of long-lived assets	73
Loss from operations	(816		)
Other expense	(71		)
Loss on write-down of assets held for sale	(6,560		)
Loss before income taxes	(7,447		)
Income tax benefit	2,713
Net loss from discontinued operations	$	(4,734	)
Production Technologies
Revenue	$	3,153
Cost of revenue	(2,483		)
Selling, general and administrative	(873		)
Research and development	(271		)
Loss from operations	(474		)
Other expense	(36		)
Loss on write-down of assets held for sale	(9,717		)
Loss before income taxes	(10,227		)
Income tax benefit	3,726
Net loss from discontinued operations	$	(6,501	)
Drilling Technologies and Production Technologies
Loss from discontinued operations, net of tax	$	(11,235	)