| Schedule of Asset Impairment Charges |
As a result of these and other events, actions and assessments, the Company recorded the following charges and credits during the three and six months ended June 30, 2026 and 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Offshore Manufactured Products | | Completion and Production Services | | Downhole Technologies | | Corporate | | Total | | Three Months Ended June 30, 2026 | | | | | | | Loss on extinguishment of debt (Note 4) | $ | — | | | $ | — | | | $ | — | | | $ | 3,594 | | | $ | 3,594 | | | Executive transition costs | — | | | — | | | — | | | 1,657 | | | 1,657 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Impairments of assets held for sale | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | Gain on disposal of facility held for sale | — | | | — | | | — | | | (4,149) | | | (4,149) | | Facility consolidation, exit and other charges | — | | | — | | | — | | | 1,395 | | | 1,395 | | Pre-tax totals | $ | — | | | $ | — | | | $ | — | | | $ | 2,497 | | | 2,497 | | Income tax benefit | | | | | | | | | — | | After-tax total | | | | | | | | | $ | 2,497 | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | | | | | Loss on extinguishment of debt (Note 4) | $ | — | | | $ | — | | | $ | — | | | $ | 3,594 | | | $ | 3,594 | | | Executive transition costs | — | | | — | | | — | | | 1,657 | | | 1,657 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Impairments of assets held for sale | — | | | — | | | — | | | 1,384 | | | 1,384 | | | | | | | | | | | | | Gain on disposal of facility held for sale | — | | | — | | | — | | | (4,149) | | | (4,149) | | | Facility consolidation, exit and other charges | 192 | | | — | | | — | | | 3,891 | | | 4,083 | | Pre-tax totals | $ | 192 | | | $ | — | | | $ | — | | | $ | 6,377 | | | 6,569 | | Income tax benefit | | | | | | | | | — | | After-tax total | | | | | | | | | $ | 6,569 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Offshore Manufactured Products | | Completion and Production Services | | Downhole Technologies | | Corporate | | Total | | Three Months Ended June 30, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Impairments of operating lease assets | $ | — | | | $ | 403 | | | $ | 955 | | | $ | — | | | $ | 1,358 | | | Gains on extinguishment of debt | — | | | — | | | — | | | (381) | | | (381) | | Facility consolidation, exit and other charges | 273 | | | 1,776 | | | 252 | | | — | | | 2,301 | | Pre-tax totals | $ | 273 | | | $ | 2,179 | | | $ | 1,207 | | | $ | (381) | | | 3,278 | | Income tax benefit | | | | | | | | | 688 | | | After-tax total | | | | | | | | | $ | 2,590 | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Impairments of operating lease assets | $ | — | | | $ | 403 | | | $ | 955 | | | $ | — | | | $ | 1,358 | | | Gains on extinguishment of debt | — | | | — | | | — | | | (381) | | | (381) | | | Facility consolidation, exit and other charges | 273 | | | 2,706 | | | 252 | | | — | | | 3,231 | | Pre-tax totals | $ | 273 | | | 3,109 | | | 1,207 | | | $ | (381) | | | 4,208 | | Income tax benefit | | | | | | | | | 884 | | | After-tax total | | | | | | | | | $ | 3,324 | |
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