| Schedule of Goodwill |
The changes in the carrying amount of goodwill from December 31, 2024 to June 30, 2025, were as follows (in thousands): | | | | | | | | | | | Artificial Lift and Downhole | | Goodwill, December 31, 2024 | | $ | 61,653 | | | | | | Impact on non-U.S. local currency translation | | 3,569 | | | Goodwill, June 30, 2025 | | $ | 65,222 | |
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| Schedule of Intangible Assets |
Intangible assets consisted of the following as of June 30, 2025 and December 31, 2024, respectively (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Net Intangibles | | Amortization Period (In Years) | | Customer relationships | $ | 222,157 | | | $ | (135,571) | | | $ | 86,586 | | | 2 - 15 | | Patents and technology | 30,197 | | | (19,377) | | | 10,820 | | | 10 - 19 | | Trade names and other | 29,776 | | | (23,497) | | | 6,279 | | | 8 - 19 | | | | | | | | | | | | | | | | | | | | | | | | | | Total intangible assets | $ | 282,130 | | | $ | (178,445) | | | $ | 103,685 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | Gross Carrying Amount | | Accumulated Amortization | | Net Intangibles | | Amortization Period (In Years) | | Customer relationships | $ | 212,990 | | | $ | (121,405) | | | $ | 91,585 | | | 2 - 15 | | Patents and technology | 29,166 | | | (17,867) | | | 11,299 | | | 10 - 19 | | Trade names and other | 28,913 | | | (22,567) | | | 6,346 | | | 8 - 19 | | | | | | | | | | | | | | | | | | | | | | | | | | Total intangible assets | $ | 271,069 | | | $ | (161,839) | | | $ | 109,230 | | | |
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