v3.25.1
Reportable Segment Information - Reconciliation of Segment Information EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
REVENUE - Service revenue $ 359,416 $ 405,843  
Cost of service - labor 76,989 84,891  
Cost of service - expendables 76,771 78,848  
Cost of service - other direct costs 110,096 124,902  
Cost of services (exclusive of depreciation and amortization) 263,856 288,641  
General and administrative expenses excluding nonrecurring and non cash items for reportable segments 9,391 9,436  
Unallocated corporate administrative expenses 13,483 14,371  
Stock-based compensation 3,337 3,742  
Business acquisition contingent consideration adjustments (300) 0  
Other general and administrative expense 6 59  
Retention bonus and severance expense 1,715 618  
General and administrative expenses (inclusive of stock-based compensation) 27,632 28,226  
Adjusted EBITDA 86,169 107,766  
Depreciation and amortization (48,681) (58,660)  
Interest expense (1,730) (2,029)  
Income tax expense (1,112) (9,758)  
Loss on disposal of assets (9,746) (4)  
Other income (expense), net 2,943 1,405  
Net income 9,602 19,930  
Total assets 1,246,199 1,223,645 $ 1,223,645
Loss on disposal of assets 9,746 4  
Insurance recoveries 1,000 2,000  
Income taxes paid, net 400    
Interest income 300    
Unrealized (gain) loss on short-term investment 183 (602)  
Other income 1,000    
Equity securities, FV-NI, unrealized gain (loss) 200 600  
Revision of Prior Period, Adjustment      
Segment Reporting Information [Line Items]      
Loss on disposal of assets   6,500  
Accumulated depreciation, depletion and amortization, property, plant and equipment, period increase (decrease)   (6,500)  
Operating Segments      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue 359,474 405,843  
Cost of services (exclusive of depreciation and amortization) 263,914 288,641  
Adjusted EBITDA 86,169 107,766  
Total assets 1,206,025 1,191,769  
Operating Segments | Hydraulic Fracturing      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue 269,399 309,300  
Cost of service - labor 54,940 60,931  
Cost of service - expendables 44,154 46,362  
Cost of service - other direct costs 97,159 110,731  
General and administrative expenses excluding nonrecurring and non cash items for reportable segments 4,806 5,157  
Adjusted EBITDA 68,340 86,119  
Depreciation and amortization (41,301) (51,442)  
Total assets 955,862 961,485 961,485
Operating Segments | Wireline      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue 53,442 60,805  
Cost of service - labor 14,015 14,836  
Cost of service - expendables 16,210 16,167  
Cost of service - other direct costs 10,069 10,149  
General and administrative expenses excluding nonrecurring and non cash items for reportable segments 2,675 2,867  
Adjusted EBITDA 10,473 16,786  
Depreciation and amortization (5,427) (4,915)  
Total assets 157,147 156,349 156,349
Operating Segments | Cementing      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue 36,633 35,738  
Cost of service - labor 8,034 9,124  
Cost of service - expendables 16,465 16,319  
Cost of service - other direct costs 2,868 4,022  
General and administrative expenses excluding nonrecurring and non cash items for reportable segments 1,200 1,412  
Adjusted EBITDA 8,066 4,861  
Depreciation and amortization (1,930) (2,278)  
Total assets 69,735 73,935 73,935
Operating Segments | All Other      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue 0 0  
Cost of service - labor 0 0  
Cost of service - expendables 0 0  
Cost of service - other direct costs 0 0  
General and administrative expenses excluding nonrecurring and non cash items for reportable segments 710 0  
Adjusted EBITDA (710) 0  
Depreciation and amortization 0 0  
Total assets 23,281 0 $ 0
Intersegment Eliminations      
Segment Reporting Information [Line Items]      
REVENUE - Service revenue (58) 0  
Cost of services (exclusive of depreciation and amortization) (58) 0  
Corporate, Non-Segment      
Segment Reporting Information [Line Items]      
Unallocated corporate administrative expenses 13,483 14,371  
Total assets $ 40,174 $ 31,876