v3.26.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill from December 31, 2025 to September 30, 2026, were as follows (in thousands):
Artificial Lift and Downhole
Goodwill, December 31, 2025$64,667 
Acquisitions14,845 
Impact on non-U.S. local currency translation(2,286)
Goodwill, September 30, 2026$77,226 
Schedule of Intangible Assets
Intangible assets consisted of the following as of September 30, 2026 and December 31, 2025, respectively (in thousands):
September 30, 2026
Gross Carrying AmountAccumulated AmortizationNet IntangiblesAmortization Period (In Years)
Customer relationships$223,653 $(147,858)$75,795 
3 - 15
Patents and technology32,697 (21,465)11,232 
10 - 19
Trade names and other28,791 (22,948)5,843 
3 - 19
Total intangible assets$285,141 $(192,271)$92,870 
December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet IntangiblesAmortization Period (In Years)
Customer relationships$216,559 $(138,510)$78,049 
3 - 15
Patents and technology30,122 (20,241)9,881 
10 - 19
Trade names and other28,040 (22,333)5,707 
3 - 19
Total intangible assets$274,721 $(181,084)$93,637