0001042893 2022-01-01 2022-12-31 0001042893 2024-09-09 2024-12-31 0001042893 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001042893 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0001042893 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001042893 invx:MrAndersonMember 2025-01-01 2025-12-31 0001042893 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001042893 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001042893 2025-01-01 2025-12-31 0001042893 invx:MrAndersonMember 2024-09-09 2024-12-31 0001042893 2 2025-01-01 2025-12-31 0001042893 1 2025-01-01 2025-12-31 0001042893 invx:MrBirdMember 2022-01-01 2022-12-31 0001042893 2024-01-01 2024-09-08 0001042893 2021-01-01 2021-12-31 0001042893 2024-01-01 2024-12-31 0001042893 2023-01-01 2023-12-31 0001042893 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001042893 invx:MrBirdMember 2023-01-01 2023-12-31 0001042893 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001042893 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001042893 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001042893 invx:MrBirdMember 2024-01-01 2024-09-08 0001042893 3 2025-01-01 2025-12-31 0001042893 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 iso4217:USD 0001042893 false DEF 14A INNOVEX INTERNATIONAL, INC. true <h2 id="payversusperformance" style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;">Pay Versus Performance</h2>As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between “compensation actually paid” to our principal executive officer (“PEO”) and the average “compensation actually paid” to our non-PEO named executive officers (“Non-PEO NEOs”) and certain financial performance of the Company.For further information concerning the Company’s pay for performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to “<a href="#compdiscussionanalysis">—Compensation Discussion and Analysis</a>”. <table style="border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:0.2263888888888889in;box-sizing:content-box;"></td> <td style="width:0.6027777777777777in;box-sizing:content-box;"></td> <td style="width:0.5895833333333333in;box-sizing:content-box;"></td> <td style="width:0.5902777777777778in;box-sizing:content-box;"></td> <td style="width:0.5916666666666667in;box-sizing:content-box;"></td> <td style="width:0.6659722222222223in;box-sizing:content-box;"></td> <td style="width:0.6673611111111111in;box-sizing:content-box;"></td> <td style="width:0.5916666666666667in;box-sizing:content-box;"></td> <td style="width:0.5916666666666667in;box-sizing:content-box;"></td> <td style="width:0.5194444444444444in;box-sizing:content-box;"></td> <td style="width:0.5916666666666667in;box-sizing:content-box;"></td> <td style="width:0.5916666666666667in;box-sizing:content-box;"></td> <td style="width:0.5798611111111112in;box-sizing:content-box;"></td> </tr> <tr style="height:5pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:top;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:top;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> <td colspan="2" style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;">Value of Initial Fixed $100 Investment Based On:</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #ffffff03;padding-right:0.02in;"> </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;padding-right:0.02in;"> </td> </tr> <tr style="height:6pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:left;">Year</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Summary Compensation Table Total: Mr. Bird (1)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Compensation Actually Paid: Mr. Bird</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Summary Compensation Table Total: Mr. DeBerry (2)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Compensation Actually Paid:Mr. DeBerry (3)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Summary Compensation Table Total:Mr. Anderson (4)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Compensation Actually Paid:Mr. Anderson (5)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Average Summary Compensation Table Total:Non-PEO NEOs (6)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Average Compensation Actually Paid to Non-PEO NEOs (7)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Total Shareholder Return (8)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:center;">Peer Group Total Shareholder Return (9)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:left;">Net Income (10)($mm)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:bottom;padding-bottom:0in;border-bottom:1.5pt solid #70ad47;padding-right:0.02in;text-align:left;">Adjusted EBITDA (11)($mm)</td> </tr> <tr style="height:6pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:left;">2025</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 3,283,511</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 4,049,094</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 1,625,663</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 1,721,949</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$73.84</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$184.92</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 83</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$ 188</td> </tr> <tr style="height:6pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:left;">2024</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">9,088,647</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">7,720,843</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">2,873,972</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">1,777,490</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">2,649,647</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">2,396,743</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$47.16</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$176.16</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">140</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">139</td> </tr> <tr style="height:6pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:left;">2023</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">3,739,195 </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">2,000,342</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">1,477,500 </td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">708,151</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$78.56</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$200.99</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">0.6</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">47</td> </tr> <tr style="height:6pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:left;">2022</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">4,056,407</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">3,246,493</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">2,278,770</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">1,928,341</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$91.73</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">$197.44</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">0.4</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;padding-right:0.02in;text-align:center;">30</td> </tr> <tr style="height:6pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:left;">2021</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">6,083,948</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">(165,868)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">—</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">1,734,119</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">(302,041)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">$66.44</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">$120.03</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">(128)</td> <td style="padding-top:0in;padding-left:0.02in;vertical-align:middle;padding-bottom:0in;border-bottom:0.75pt solid #70ad47;padding-right:0.02in;text-align:center;">15</td> </tr> </table><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(1)<div style="display:inline;">The dollar amounts reported in this column are the amounts reported for Mr. Bird in the “Total” column of our Summary Compensation Table for 2022, 2023 and 2024, respectively. Mr. Anderson began serving as our principal executive officer on September 9, 2024.</div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(2)<div style="display:inline;">The dollar amount reported in this column is the amount reported for Mr. DeBerry in the “Total” column of our Summary Compensation Table for 2021.</div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(3)<div style="display:inline;">The dollar amount reported in this column represents the amount of “compensation actually paid” to Mr. DeBerry, as computed in accordance with Item 402(v) of Regulation S-K and does not reflect the total compensation actually realized or received by Mr. DeBerry. Information on the calculation of such amount is included in our 2023 Proxy Statement.</div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(4)<div style="display:inline;">The dollar amounts reported in this column are the amounts reported for Mr. Anderson in the “Total” column of our Summary Compensation Table for 2024 and 2025, respectively.</div></div><div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(5)<div style="display:inline;">The dollar amounts reported in this column represent the amount of “compensation actually paid” to Mr. Anderson, as computed in accordance with Item 402(v) of Regulation S-K and do not reflect the total compensation actually realized or received by Mr. Anderson. In accordance with these rules, for 2025, this amount reflects the “Total” as set forth in the Summary Compensation Table, adjusted as shown below. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation </div></div></div><div style="font-size:11pt;font-family:Arial;"><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;"><div style="display:inline;">assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. Information on the calculation of such amount for 2024 is included in our 2025 Proxy Statement.</div></div> <table style="margin-left:4.667%;border-spacing:0;table-layout:fixed;width:94.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:5.845833333333333in;box-sizing:content-box;"></td> <td style="width:1.1104166666666666in;box-sizing:content-box;"></td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">Compensation Actually Paid to Mr. Anderson</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">2025</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">2025 Summary Compensation Table Total</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">$ 3,283,511</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, value of Stock Awards reported in 2025 Summary Compensation Table</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">2,222,492</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, year-end fair value of outstanding and unvested equity awards granted in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">1,586,356</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, fair value as of vesting date of equity awards granted and vested in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">911</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), change in fair value from December 31, 2024 to December 31, 2025 of outstanding and unvested equity awards granted in prior years</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">1,180,779</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), change in fair value from December 31, 2024 to the vesting date of equity awards granted in prior years that vested in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">220,029</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, prior year-end fair value for any equity awards forfeited in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">—</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:left;">2025 Compensation Actually Paid to Mr. Anderson</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">$ 4,049,094</td> </tr> </table></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(6)<div style="display:inline;">The dollar amounts reported in this column represent the average of the amounts reported for the Company’s Non-PEO NEOs as a group in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs included for these purposes in each applicable year are as follows: (i) for 2025, Messrs. Reed and Reddout; (ii) for 2024, Messrs. Reed, Reddout, McClure, Webster and Underwood; (iii) for 2023 and 2022, Messrs. McClure, Webster and Underwood; and (iv) for 2021, Messrs. Bird, Kumar and Webster.</div></div><div style="font-size:11pt;font-family:Arial;"><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(7)<div style="display:inline;">The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the Non-PEO NEOs set forth in footnote 7 for each year, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with these rules, for 2025, this amount reflects the average of the “Total” for each Non-PEO NEO as set forth in the Summary Compensation Table for 2025, adjusted as shown below. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. Information on the calculation of such amounts for 2021-2022 is included in our 2023 Proxy Statement, information on the calculation of such amount for 2023 is included in our 2024 Proxy Statement and information on the calculation of such amount for 2024 is included in our 2025 Proxy Statement.</div></div> <table style="margin-left:4.667%;border-spacing:0;table-layout:fixed;width:95.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.0680555555555555in;box-sizing:content-box;"></td> <td style="width:1.036111111111111in;box-sizing:content-box;"></td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">Average Compensation Actually Paid to Non-PEO NEOs</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">2025</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Average 2025 Summary Compensation Table Total</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">$ 1,625,663</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, average value of Stock Awards reported in Summary Compensation Table</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">834,003</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, average year-end fair value of outstanding and unvested equity awards granted in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">594,875</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, average fair value as of vesting date of equity awards granted and vested in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">911</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), average change in fair value from December 31, 2024 to December 31, 2025 of outstanding and unvested equity awards granted in prior years</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">251,994</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), average change in fair value from December 31, 2024 to the vesting date of equity awards granted in prior years that vested in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">82,509</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, average prior year-end fair value for any equity awards forfeited in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">—</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:left;">Average Compensation Actually Paid to Non-PEO NEOs</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">$ 1,721,949</td> </tr> </table> </div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(8)<div style="display:inline;">TSR is calculated by dividing (a) the sum of (i) the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and (ii) the difference between the Company’s share price at the end of each fiscal year shown and the beginning of the measurement period, and the beginning of the measurement period by (b) the Company’s share price at the beginning of the measurement period. The beginning of the measurement period for each year in the table is December 31, 2020.</div></div><div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(9)<div style="display:inline;">The peer group used for this purpose is the VanEck OIH Index.</div></div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(10)<div style="display:inline;">The dollar amounts reported represent the amount of net income (or loss) reflected in the Company’s audited financial statements for the applicable year.</div></div><div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(11)<div style="display:inline;">Adjusted EBITDA is net income excluding income taxes, interest income and expense, depreciation and amortization expense, and adjusted to remove any one-time irregular items, whether gains or losses, including but not limited to stock-based compensation, significant litigation expense, goodwill impairments, asset write-downs, gain on any sale or divestiture of assets or businesses, restructuring costs and foreign exchange gains or losses.</div></div></div> 3283511 4049094 1625663 1721949 73.84 184.92

83000000

188000000 9088647 7720843 2873972 1777490 2649647 2396743 47.16 176.16

140000000

139000000 3739195 2000342 1477500 708151 78.56 200.99

600000

47000000 4056407 3246493 2278770 1928341 91.73 197.44

400000

30000000 6083948 -165868 1734119 -302041 66.44 120.03

-128000000

15000000 Mr. Bird Mr. Bird Mr. Bird Mr. Anderson Mr. Anderson <div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(5)<div style="display:inline;">The dollar amounts reported in this column represent the amount of “compensation actually paid” to Mr. Anderson, as computed in accordance with Item 402(v) of Regulation S-K and do not reflect the total compensation actually realized or received by Mr. Anderson. In accordance with these rules, for 2025, this amount reflects the “Total” as set forth in the Summary Compensation Table, adjusted as shown below. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation </div></div><div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;"><div style="display:inline;">assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. Information on the calculation of such amount for 2024 is included in our 2025 Proxy Statement.</div></div> <table style="margin-left:4.667%;border-spacing:0;table-layout:fixed;width:94.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:5.845833333333333in;box-sizing:content-box;"></td> <td style="width:1.1104166666666666in;box-sizing:content-box;"></td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">Compensation Actually Paid to Mr. Anderson</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">2025</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">2025 Summary Compensation Table Total</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">$ 3,283,511</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, value of Stock Awards reported in 2025 Summary Compensation Table</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">2,222,492</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, year-end fair value of outstanding and unvested equity awards granted in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">1,586,356</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, fair value as of vesting date of equity awards granted and vested in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">911</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), change in fair value from December 31, 2024 to December 31, 2025 of outstanding and unvested equity awards granted in prior years</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">1,180,779</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), change in fair value from December 31, 2024 to the vesting date of equity awards granted in prior years that vested in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">220,029</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, prior year-end fair value for any equity awards forfeited in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">—</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:left;">2025 Compensation Actually Paid to Mr. Anderson</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">$ 4,049,094</td> </tr> </table> 3283511 -2222492 1586356 911 1180779 220029 4049094 The names of each of the NEOs included for these purposes in each applicable year are as follows: (i) for 2025, Messrs. Reed and Reddout; (ii) for 2024, Messrs. Reed, Reddout, McClure, Webster and Underwood; (iii) for 2023 and 2022, Messrs. McClure, Webster and Underwood; and (iv) for 2021, Messrs. Bird, Kumar and Webster. <div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(7)<div style="display:inline;">The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the Non-PEO NEOs set forth in footnote 7 for each year, as computed in accordance with Item 402(v) of Regulation S-K. In accordance with these rules, for 2025, this amount reflects the average of the “Total” for each Non-PEO NEO as set forth in the Summary Compensation Table for 2025, adjusted as shown below. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. Information on the calculation of such amounts for 2021-2022 is included in our 2023 Proxy Statement, information on the calculation of such amount for 2023 is included in our 2024 Proxy Statement and information on the calculation of such amount for 2024 is included in our 2025 Proxy Statement.</div></div> <table style="margin-left:4.667%;border-spacing:0;table-layout:fixed;width:95.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.0680555555555555in;box-sizing:content-box;"></td> <td style="width:1.036111111111111in;box-sizing:content-box;"></td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">Average Compensation Actually Paid to Non-PEO NEOs</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:top;padding-bottom:0.01in;border-bottom:1pt solid #70ad47;padding-right:0.08in;">2025</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Average 2025 Summary Compensation Table Total</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">$ 1,625,663</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, average value of Stock Awards reported in Summary Compensation Table</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">834,003</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, average year-end fair value of outstanding and unvested equity awards granted in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">594,875</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus, average fair value as of vesting date of equity awards granted and vested in 2025</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">911</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), average change in fair value from December 31, 2024 to December 31, 2025 of outstanding and unvested equity awards granted in prior years</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">251,994</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Plus (less), average change in fair value from December 31, 2024 to the vesting date of equity awards granted in prior years that vested in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;padding-right:0.08in;text-align:center;">82,509</td> </tr> <tr style="height:10pt;background-color:#e5e5e5;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;text-indent:10.8pt;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;padding-right:0.08in;text-align:left;">Less, average prior year-end fair value for any equity awards forfeited in the year</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">—</td> </tr> <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:middle;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:left;">Average Compensation Actually Paid to Non-PEO NEOs</td> <td style="padding-top:0.01in;padding-left:0.08in;vertical-align:bottom;padding-bottom:0.01in;border-bottom:0.75pt solid #70ad47;padding-right:0.08in;text-align:center;">$ 1,721,949</td> </tr> </table> 1625663 -834003 594875 911 251994 82509 1721949 <div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.667%;text-align:justify;">(9)<div style="display:inline;">The peer group used for this purpose is the VanEck OIH Index.</div></div> <div class="item-list-element-wrapper" style="display:flex;margin-top:6pt;justify-content:flex-start;align-items:baseline;margin-bottom:6pt;min-width:4.667%;text-align:justify;">(11)<div style="display:inline;">Adjusted EBITDA is net income excluding income taxes, interest income and expense, depreciation and amortization expense, and adjusted to remove any one-time irregular items, whether gains or losses, including but not limited to stock-based compensation, significant litigation expense, goodwill impairments, asset write-downs, gain on any sale or divestiture of assets or businesses, restructuring costs and foreign exchange gains or losses.</div></div> Adjusted EBITDA <img alt="img257714659_2.gif" src="img257714659_2.gif" style="width:623px;height:392px;"/> <img alt="img257714659_2.gif" src="img257714659_2.gif" style="width:623px;height:392px;"/> <img alt="img257714659_3.gif" src="img257714659_3.gif" style="width:623px;height:392px;"/> <img alt="img257714659_4.gif" src="img257714659_4.gif" style="width:623px;height:393px;"/> Financial Performance MeasuresThe metrics that the Company uses for both our long-term and short-term incentive awards are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our stockholders. The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows: <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:22.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:1.6430555555555555in;box-sizing:content-box;"></td> </tr> <tr style="height:11pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.75pt solid #0082ca;padding-top:0in;border-right:0.75pt solid #0082ca;border-left:0.75pt solid #0082ca;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #0082ca;padding-right:0.075in;">Relative TSR</td> </tr> <tr style="height:11pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-right:0.75pt solid #0082ca;border-left:0.75pt solid #0082ca;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #0082ca;padding-right:0.075in;">Free Cash Flow</td> </tr> <tr style="height:11pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-right:0.75pt solid #0082ca;border-left:0.75pt solid #0082ca;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.75pt solid #0082ca;padding-right:0.075in;">Adjusted EBITDA</td> </tr> </table> Relative TSR Free Cash Flow Adjusted EBITDA The Company does not grant stock options, stock appreciation rights, or similar instruments with option-like features and has no policies or practices to disclose pursuant to Item 402(x)(1) of Regulation S-K.