C&J Energy Services 10-Q 5 Nov 13 2013 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'C&J Energy Services, Inc.	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	54,566,062
Amendment Flag	'false	'
Entity Central Index Key	'0001509273	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Well-known Seasoned Issuer	'Yes	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Consolidated_Balance_Sheets_Cu

Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Sep. 30, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'		'
Cash and cash equivalents	$28,657		$14,442
Accounts receivable, net of allowance of $1,518 at September 30, 2013 and $1,106 at December 31, 2012	124,821		167,481
Inventories, net	58,463		60,659
Prepaid and other current assets	12,136		3,984
Deferred tax assets	2,116		3,613
Total current assets	226,193		250,179
Property, plant and equipment, net of accumulated depreciation of $130,462 at September 30, 2013 and $84,848 at December 31, 2012	493,951		433,727
Other assets:	'		'
Goodwill	200,876		196,512
Intangible assets, net	122,680		123,487
Deposits on equipment under construction	945		1,033
Deferred financing costs, net of accumulated amortization of $2,204 at September 30, 2013 and $1,334 at December 31, 2012	2,978		3,848
Other noncurrent assets	4,224		3,971
Total assets	1,051,847		1,012,757
Current liabilities:	'		'
Accounts payable	63,717		69,617
Payroll and related costs	19,717		10,896
Accrued expenses	14,861		17,286
Income taxes payable	2,666		4,029
Customer advances and deposits	186		1,092
Other current liabilities	4,772		2,122
Total current liabilities	105,919		105,042
Deferred tax liabilities	134,096		132,551
Long-term debt and capital lease obligations	127,118		173,705
Other long-term liabilities	1,630		1,568
Total liabilities	368,763		412,866
Commitments and contingencies	'		'
Stockholders' equity	'		'
Common stock, par value of $0.01, 100,000,000 shares authorized, 54,574,870 issued and outstanding at September 30, 2013 and 53,131,823 issued and outstanding at December 31, 2012	546		531
Additional paid-in capital	248,410		224,348
Retained earnings	434,128		375,012
Total stockholders' equity	683,084	[1]	599,891
Total liabilities and stockholders' equity	$1,051,847		$1,012,757
[1]	Unaudited

Consolidated_Balance_Sheets_Cu1

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowance (in Dollars)	$1,518	$1,106
Property, plant and equipment, accumulated depreciation (in Dollars)	130,462	84,848
Deferred financing costs, accumulated amortization (in Dollars)	$2,204	$1,334
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized (in Shares)	100,000,000	100,000,000
Common stock, shares issued (in Shares)	54,574,870	53,131,823
Common stock, shares outstanding (in Shares)	54,574,870	53,131,823

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenue	$261,931	$307,797	$804,938	$825,237
Costs and expenses:	'	'	'	'
Direct costs	183,228	192,252	550,767	501,148
Selling, general and administrative expenses	35,837	26,497	101,228	58,998
Depreciation and amortization	19,213	14,111	53,695	31,517
Loss on disposal of assets	194	14	516	623
Operating income	23,459	74,923	98,732	232,951
Other income (expense):	'	'	'	'
Interest expense, net	-1,585	-1,920	-4,918	-3,191
Other, net	47	-48	167	-120
Total other income (expense)	-1,538	-1,968	-4,751	-3,311
Income before income taxes	21,921	72,955	93,981	229,640
Income tax expense	8,796	23,689	34,865	77,720
Net income	$13,125	$49,266	$59,116	$151,920
Net income per common share:	'	'	'	'
Basic (in Dollars per share)	$0.25	$0.95	$1.12	$2.92
Diluted (in Dollars per share)	$0.24	$0.91	$1.07	$2.82
Weighted average common shares outstanding:	'	'	'	'
Basic (in Shares)	53,355	52,026	52,898	51,963
Diluted (in Shares)	55,486	54,166	55,199	53,905

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Stockholdersb Equity (USD $)		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
In Thousands
Balance at Dec. 31, 2011		$519	$201,874	$192,662	$395,055
Balance (in Shares) at Dec. 31, 2011		51,887	'	'	'
Issuance of restricted stock, net of forfeitures (in Shares)		780	'	'	'
Issuance of restricted stock, net of forfeitures		7	-7	'	'
Exercise of stock options		5	2,568	'	2,573
Exercise of stock options (in Shares)		465	'	'	'
Tax effect of stock-based compensation		'	1,901	'	1,901
Stock-based compensation		'	18,012	'	18,012
Net income		'	'	182,350	182,350
Balance at Dec. 31, 2012		531	224,348	375,012	599,891
Balance (in Shares) at Dec. 31, 2012		53,132	'	'	'
Issuance of restricted stock, net of forfeitures (in Shares)		681	'	'	'
Issuance of restricted stock, net of forfeitures		7	-7	'	'
Employee tax withholding on restricted stock vesting		'	-1,345	'	-1,345
Employee tax withholding on restricted stock vesting (in Shares)		-73	'	'	'
Exercise of stock options		8	4,834	'	4,842
Exercise of stock options (in Shares)		835	'	'	'
Tax effect of stock-based compensation		'	3,298	'	3,298
Stock-based compensation		'	17,282	'	17,282
Net income		'	'	59,116	59,116
Balance at Sep. 30, 2013	[1]	$546	$248,410	$434,128	$683,084
Balance (in Shares) at Sep. 30, 2013	[1]	54,575	'	'	'
[1]	Unaudited

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net income	$59,116	$151,920
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	53,695	31,517
Deferred income taxes	1,019	6,556
Provision for doubtful accounts, net of write-offs	484	450
Loss on disposal of assets	516	623
Stock-based compensation expense	17,282	12,401
Excess tax benefit from stock-based award activity	-3,316	-1,075
Amortization of deferred financing costs	870	633
Inventory write-down	870	0
Changes in operating assets and liabilities:	'	'
Accounts receivable	42,418	-32,274
Inventories	1,326	-24,190
Prepaid expenses and other current assets	-8,152	-1,576
Accounts payable	-5,900	20,545
Accrued liabilities	5,148	3,514
Accrued taxes	1,935	9,761
Other	1,551	-1,454
Net cash provided by operating activities	168,862	177,351
Cash flows from investing activities:	'	'
Purchases of and deposits on property, plant and equipment	-108,004	-135,887
Proceeds from disposal of property, plant and equipment	1,015	434
Payments made for business acquisitions, net of cash acquired	-7,934	-273,401
Net cash used in investing activities	-114,923	-408,854
Cash flows from financing activities:	'	'
Proceeds (payments) on revolving debt, net	-45,000	200,000
Repayments of capital lease obligations	-1,537	-617
Financing costs	'	-2,243
Proceeds from stock options exercised	4,842	610
Employee tax withholding on restricted stock vesting	-1,345	'
Excess tax benefit from stock-based award activity	3,316	1,075
Net cash (used in) provided by financing activities	-39,724	198,825
Net increase (decrease) in cash and cash equivalents	14,215	-32,678
Cash and cash equivalents, beginning of period	14,442	46,780
Cash and cash equivalents, end of period	28,657	14,102
Supplemental cash flow disclosures:	'	'
Cash paid for interest	4,117	2,291
Cash paid for taxes	31,912	60,906
Non-cash consideration for business acquisition	$900	'

Note_1_Organization_Nature_of_

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Basis of Presentation and Significant Accounting Policies [Text Block]	'
	Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies
	C&J Energy Services, Inc., a Delaware corporation, was founded in Texas in 1997. Through its subsidiaries, the Company operates in three reportable segments: Stimulation and Well Intervention Services, Wireline Services and Equipment Manufacturing. The Company provides hydraulic fracturing, coiled tubing and other well stimulation services through its Stimulation and Well Intervention Services segment and cased-hole wireline and other complementary services through its Wireline Services segment to oil and natural gas exploration and production companies throughout the United States. In addition, the Company manufactures, refurbishes and repairs equipment and provides oilfield parts and supplies for third-party customers in the energy services industry through its Equipment Manufacturing segment, and also fulfills the Company’s internal equipment demands through this segment. See “Note 6 – Segment Information” for further discussion regarding the Company’s reportable segments. As used herein, references to the “Company” or “C&J” are to C&J Energy Services, Inc. together with its consolidated subsidiaries.
	Basis of Presentation and Principles of Consolidation
	The accompanying consolidated financial statements have not been audited by the Company’s independent registered public accounting firm, except that the consolidated balance sheet at December 31, 2012 is derived from audited consolidated financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for fair presentation have been included.
	These consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements. Therefore, these consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2012, which are included in the Company’s Annual Report on Form 10-K, as amended. The operating results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year.
	These consolidated financial statements include the accounts of the Company. All significant inter-company transactions and accounts have been eliminated upon consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Estimates are used in, but are not limited to, determining the following: allowance for doubtful accounts, recoverability of long-lived assets and intangibles, useful lives used in depreciation and amortization, income taxes and stock-based compensation. The accounting estimates used in the preparation of the consolidated financial statements may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes.
	Accounts Receivable and Allowance for Doubtful Account
	Accounts receivable are stated at the amount billed to customers and are ordinarily due upon receipt. The Company provides an allowance for doubtful accounts, which is based upon a review of outstanding receivables, historical collection information and existing economic conditions. Provisions for doubtful accounts are recorded when it is deemed probable that the customer will not make the required payments at either the contractual due dates or in the future.
	Inventories
	Inventories for the Stimulation and Well Intervention Services segment and the Wireline Services segment consist of finished goods and raw materials, including equipment components, chemicals, proppants, and supplies and materials for the segments’ operations. Inventories for the Equipment Manufacturing segment consist of raw materials and work-in-process, including equipment components and supplies and materials. See “Note 6 – Segment Information” for further discussion regarding the Company’s reportable segments.
	Inventories are stated at the lower of cost or market (net realizable value) on a first-in, first-out basis and appropriate consideration is given to deterioration, obsolescence and other factors in evaluating net realizable value. Inventories consisted of the following (in thousands):
		September 30,			December 31,
		2013			2012
	Raw materials	$	31,524		$	29,232
	Work-in-process		2,375			1,523
	Finished goods		25,215			30,483
	Total inventory		59,114			61,238
	Inventory reserve		(651	)		(579	)
	Inventory, net of reserve	$	58,463		$	60,659
	Revenue Recognition
	All revenue is recognized when persuasive evidence of an arrangement exists, the service is complete or the equipment has been delivered to the customer, the amount is fixed or determinable and collectability is reasonably assured, as follows:
	Hydraulic Fracturing Revenue.     The Company provides hydraulic fracturing services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. Revenue is recognized and customers are invoiced upon the completion of each job, which can consist of one or more fracturing stages. Once a job has been completed to the customer’s satisfaction, a field ticket is written that includes charges for the service performed and the chemicals and proppants consumed during the course of the service. The field ticket may also include charges for the mobilization of the equipment to the location, additional equipment used on the job, if any, and other miscellaneous consumables.
	Under the Company’s term contracts, customers are typically obligated to pay on a monthly basis for a specified number of hours of service, whether or not those services are actually used. To the extent customers use more than the specified contracted minimums, the Company will be paid a pre-agreed amount for the provision of such additional services.
	The Company also performs hydraulic fracturing services pursuant to pricing agreements. Under such agreements, customers typically commit to targeted utilization levels at agreed-upon pricing, but without termination penalties or obligations to pay for services not used by the customer. In addition, the agreed-upon pricing is typically subject to periodic review, as specifically defined in the agreement, and may be adjusted to then-current market rates upon the agreement of both parties.
	Rates for services performed on a spot market basis are based on an agreed-upon hourly spot market rate. The Company may also charge fees for setup and mobilization of equipment depending on the job, additional equipment used on the job, if any, and materials that are consumed during the fracturing process. Generally, these fees and other charges vary depending on the equipment and personnel required for the job and market conditions in the region in which the services are performed.
	Coiled Tubing Revenue. The Company enters into arrangements to provide coiled tubing and other well stimulation services. Jobs for these services are typically short term in nature, lasting anywhere from a few hours to multiple days. Revenue is recognized upon completion of each day’s work based upon a completed field ticket. The field ticket includes charges for the mobilization of the equipment to the location, the service performed, the personnel on the job, additional equipment used on the job, if any, and miscellaneous consumables used throughout the course of the service. The Company typically charges the customer for these services on an hourly basis at agreed-upon spot market rates.
	Revenue from Materials Consumed While Performing Services. The Company generates revenue from chemicals and proppants that are consumed while performing hydraulic fracturing services. For services performed on a spot market basis, the necessary chemicals and proppants are typically provided by the Company and the customer is billed for those materials at cost plus an agreed-upon markup. For services performed on a contractual basis, when the chemicals and proppants are provided by the Company, the customer is billed for those materials at a negotiated contractual rate. When chemicals and proppants are supplied by the customer, the Company typically charges handling fees based on the amount of chemicals and proppants used.
	In addition, ancillary to coiled tubing and other well stimulation services revenue, the Company generates revenue from various fluids and supplies that are necessarily consumed during those processes.
	Wireline Revenue. Wireline revenue is generated from the performance of cased-hole wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing and pumpdown services. These jobs are typically short term in nature, lasting anywhere from a few hours to multiple days. Revenue is recognized when the services and equipment are provided and the job is completed. The Company typically charges the customer on a per job basis for these services at agreed-upon spot market rates.
	Equipment Manufacturing Revenue. The Company enters into arrangements to construct new equipment, refurbish and repair equipment and provide oilfield parts and supplies to third-party customers in the energy services industry. Revenue is recognized and the customer is invoiced upon the completion and delivery of each order to the customer.
	Stock-Based Compensation
	The Company’s stock-based compensation plans provide the ability to grant equity awards to officers, employees, consultants and non-employee directors. As of September 30, 2013, only nonqualified stock options and restricted stock had been granted under such plans. The Company values option grants based on the grant date fair value by using the Black-Scholes option-pricing model and values restricted stock grants based on the closing price of C&J’s common stock on the date of grant. The Company recognizes stock-based compensation expense on a straight-line basis over the requisite service period. Further information regarding the Company’s stock-based compensation arrangements and the related accounting treatment can be found in “Note 4 – Stock-Based Compensation”.
	Fair Value of Financial Instruments
	The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, accounts payable, long-term debt and capital lease obligations. The recorded values of cash and cash equivalents, accounts receivable, and accounts payable approximate their fair values based on their short-term nature. The carrying value of long-term debt and capital lease obligations approximate their fair value, as the interest rates approximate market rates.
	Income Taxes
	The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as income or expense in the period that includes the enactment date.
	The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. In assessing the likelihood and extent that deferred tax assets will be realized, consideration is given to projected future taxable income and tax planning strategies. A valuation allowance is recorded when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
	The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on the technical merits, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority. Previously recognized tax positions are reversed in the first period in which it is no longer more-likely-than-not that the tax position would be sustained upon examination. Income tax related interest and penalties, if applicable, are recorded as a component of the provision for income tax expense.
	Earnings Per Share
	Basic earnings per share is based on the weighted average number of shares of common stock (“common shares”) outstanding during the applicable period and excludes shares subject to outstanding stock options and shares of restricted stock. Diluted earnings per share is computed based on the weighted average number of common shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to outstanding stock options and restricted stock.
	The following is a reconciliation of the components of the basic and diluted earnings per share calculations for the applicable periods:
		Three Months Ended						September 30,
		September 30,						Nine Months Ended
		2013			2012			2013		2012
		(In thousands, except per share amounts)
	Numerator:
	Net income attributed to common shareholders	$	13,125		$	49,266		$	59,116	$	151,920
	Denominator:
	Weighted average common shares outstanding		53,355			52,026			52,898		51,963
	Effect of potentially dilutive common shares:
	Stock options		1,981			2,073			2,090		1,920
	Restricted stock		150			67			211		22
	Weighted average common shares outstanding and assumed conversions		55,486			54,166			55,199		53,905
	Earnings per common share:
	Basic	$	0.25		$	0.95		$	1.12	$	2.92
	Diluted	$	0.24		$	0.91		$	1.07	$	2.82
	A summary of securities excluded from the computation of basic and diluted earnings per share is presented below for the applicable periods:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
		(In thousands)
Basic earnings per share:
Restricted stock		1,168			769			1,213		291
Diluted earnings per share:
Anti-dilutive stock options		1,089			1,217			1,114		1,205
Anti-dilutive restricted stock		-			19			219		39
Potentially dilutive securities excluded as anti-dilutive		1,089			1,236			1,333		1,244
Reclassifications
Certain reclassifications have been made to prior period consolidated financial statements to conform to the current period presentations. These reclassifications had no effect on the consolidated financial position, results of operations or cash flows of the Company.

Note_2_LongTerm_Debt_and_Capit

Note 2 - Long-Term Debt and Capital Lease Obligations	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Long-term Debt [Text Block]	'
	Note 2 - Long-Term Debt and Capital Lease Obligations
	Credit Facility
	On April 19, 2011, the Company entered into a five-year $200.0 million senior secured revolving credit agreement, which was amended on June 5, 2012 and the borrowing base increased to $400.0 million (the “Credit Facility”). Loans under the Credit Facility are denominated in U.S. dollars and will mature on April 19, 2016. Outstanding loans bear interest at either LIBOR or a base rate, at the Company’s election, plus an applicable margin that ranges from 1.25% to 2.00% for base rate loans and from 2.25% to 3.00% for LIBOR loans, based upon the Company’s Consolidated Leverage Ratio, which is the ratio of funded indebtedness to EBITDA for the Company on a consolidated basis. The Company is also required to pay a quarterly commitment fee of 0.5% on the unused portion of the Credit Facility. As of September 30, 2013, $125.0 million was outstanding under the Credit Facility, along with $0.7 million in letters of credit, leaving $274.3 million available for borrowing. All obligations under the Credit Facility are guaranteed by the Company’s wholly-owned domestic subsidiaries, other than immaterial subsidiaries.
	The Credit Facility contains customary affirmative and restrictive covenants including financial reporting, governance and notification requirements. Among other restrictions, the Company is unable to issue dividends under the terms of the Credit Facility. The Company was in compliance with all debt covenants under the Credit Facility as of September 30, 2013.
	Capitalized terms used in this “Note 2 – Long-Term Debt and Capital Lease Obligations” but not defined herein are defined in the Credit Facility.
	Capital Lease Obligations
	The Company leases certain service equipment, with the intent to purchase, under non-cancelable capital leases. The terms of these contracts range from three to four years with varying payment dates throughout each month.

Note_3_Intangible_Assets

Note 3 - Intangible Assets	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Intangible Assets Disclosure [Text Block]	'
	Note 3 - Intangible Assets
	Intangible assets consist of the following (in thousands):
		Amortization Period			September 30,				December 31,
		(in years)			2013				2012
	Trade name	10	-	15	$	27,275		$	27,275
	Customer relationships	8	-	15		100,193			100,193
	Non-compete	4				1,600			1,600
	IPR&D	Indefinite				7,598			854
	Trade name - Total	Indefinite				6,247			6,247
						142,913			136,169
	Less: accumulated amortization					(20,233	)		(12,682	)
	Intangible assets, net				$	122,680		$	123,487

Note_4_StockBased_Compensation

Note 4 - Stock-Based Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	Note 4 - Stock-Based Compensation
	The C&J Energy Services, Inc. 2012 Long-Term Incentive Plan (the “2012 LTIP”) provides for the grant of stock-based awards to the Company’s officers, employees, consultants and non-employee directors. The following types of awards are available for issuance under the 2012 LTIP: incentive stock options and nonqualified stock options; stock appreciation rights; restricted stock; restricted stock units; dividend equivalent rights; phantom stock units; and share awards. To date, only nonqualified stock options and restricted stock have been awarded under the 2012 LTIP. A total of 4.3 million shares of common stock were authorized and approved for issuance under the 2012 LTIP, subject to certain adjustments. Of these shares, approximately 3.1 million shares were available for issuance under the 2012 LTIP as of September 30, 2013.
	Prior to the approval of the 2012 LTIP, all stock-based awards granted to the Company’s employees were granted under the C&J Energy Services, Inc. 2010 Stock Option Plan (the “2010 Plan”), and prior to December 23, 2010, all stock-based awards granted to employees were granted under the C&J Energy Services, Inc. 2006 Stock Option Plan (the “2006 Plan” and, together with the 2010 Plan, the “Prior Plans”). Only nonqualified stock options were awarded under the Prior Plans. Effective as of December 23, 2010 and May 29, 2012, respectively, no additional awards will be granted under the 2006 Plan and the 2010 Plan.
	Stock Options
	The fair value of each option award granted under the 2012 LTIP and the Prior Plans is estimated on the date of grant using the Black-Scholes option-pricing model. Due to the Company’s lack of historical volume of option activity, the expected term of options granted is derived using the “plain vanilla” method. In addition, expected volatilities have been based on comparable public company data, with consideration given to the Company’s limited historical data. The Company makes estimates with respect to employee termination and forfeiture rates of the options within the valuation model. The risk-free rate is based on the approximate U.S. Treasury yield rate in effect at the time of grant. For options granted prior to the Company’s initial public offering, which closed on August 3, 2011, the calculation of the Company’s stock price involved the use of different valuation techniques, including a combination of an income and/or market approach. Determination of the fair value was a matter of judgment and often involved the use of significant estimates and assumptions. The following table presents the assumptions used in determining the fair value of option awards totaling approximately 0.1 million grants during the nine months ended September 30, 2012. No stock options were granted by the Company during the nine months ended September 30, 2013.
		Nine Months Ended
		30-Sep-12
	Expected volatility	65%	to	75%
	Expected dividends	None
	Exercise price	$16.88	-	$18.89
	Expected term (in years)		6
	Risk-free rate	0.9%	-	1.40%
	As of September 30, 2013, the Company had approximately 5.4 million options outstanding to employees, consultants and non-employee directors. Options granted under the 2012 LTIP and the Prior Plans expire ten years from the date they are granted and generally vest over a three-year period.
	Restricted Stock
	Restricted stock is valued based on the closing price of the Company’s common stock on the date of grant. During the nine months ended September 30, 2013, approximately 0.7 million shares of restricted stock were granted to employees, consultants and non-employee directors under the 2012 LTIP at fair market values ranging from $19.25 to $23.69 per share. During the nine months ended September, 30, 2012, approximately 0.8 million shares of restricted stock were granted to employees, consultants and non-employee directors under the 2012 LTIP at fair market values ranging from $18.72 to $20.89 per share.
	A restricted stock recipient may, in satisfaction of his or her obligation to pay withholding taxes in connection with the vesting of an award, elect to make a cash payment to the Company or have withheld a portion of the shares then issuable to him or her, in either case having an aggregate fair market value equal to the withholding taxes.

Note_5_Commitments_and_Conting

Note 5 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Note 5 - Commitments and Contingencies
	Hydraulic Fracturing Contracts
	As of September 30, 2013, the Company was providing hydraulic fracturing services under one take-or-pay term contract, which is scheduled to expire in early 2014. Under this contract, the customer is obligated to pay on a monthly basis for a specified number of hours of service, whether or not those services are actually used. To the extent the customer uses more than the specified contract minimums, the Company will be paid for the provision of such additional services based on rates stipulated in the contract. The revenue related to this contract is recognized on the earlier of the passage of time under terms set forth in the contract or as the services are performed.
	Litigation
	The Company is, and from time to time may be, involved in claims and litigation arising in the ordinary course of business. Because there are inherent uncertainties in the ultimate outcome of such matters, it is presently not possible to determine the ultimate outcome of any pending or potential claims or litigation against the Company; however, management believes that the outcome of those matters that are presently known to the Company will not have a material adverse effect upon the Company’s consolidated financial position, results of operations or liquidity.

Note_6_Segment_Information

Note 6 - Segment Information	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	Note 6 - Segment Information
	In accordance with FASB Accounting Standards Codification (“ASC”) 280 Segment Reporting, the Company routinely evaluates whether it has separate operating and reportable segments. The Company has determined that it operates in three reportable segments: Stimulation and Well Intervention Services, Wireline Services and Equipment Manufacturing. This determination is made based on the following factors: (1) the Company’s chief operating decision maker is currently managing each segment as a separate business and evaluating the performance of each segment and making resource allocation decisions distinctly and expects to do so for the foreseeable future, and (2) discrete financial information for each segment is available. The following is a brief description of the Company’s three segments:
	Stimulation and Well Intervention Services. This segment has two related service lines providing hydraulic fracturing services and coiled tubing and other well stimulation services.
	Wireline Services. This segment provides cased-hole wireline services and other complementary services, including logging, perforating, pipe recovery, pressure testing and pumpdown services.
	Equipment Manufacturing. This segment constructs equipment, conducts equipment repair services and provides oilfield parts and supplies for third-party customers in the energy services industry, as well as to fulfill the internal equipment demands of the Company’s Stimulation and Well Intervention Services and Wireline Services segments.
	The following tables set forth certain financial information with respect to the Company’s reportable segments. Included in “Corporate and Other” are intersegment eliminations and costs associated with activities of a general corporate nature.
		Stimulation &			Wireline			Equipment Manufacturing			Corporate			Total
		Well			Services						and Other
		Intervention
		Services
		(in thousands)
	Three months ended September 30, 2013
	Revenue from external customers	$	183,882		$	74,909		$	3,140		$	-		$	261,931
	Inter-segment revenues		117			-			12,983			(13,100	)		-
	Adjusted EBITDA		34,476			22,787			2,298			(16,648	)		42,913
	Depreciation and amortization		12,249			6,741			414			(191	)		19,213
	Operating income (loss)		22,233			15,793			1,882			(16,449	)		23,459
	Capital expenditures		22,513			9,753			187			(3,910	)		28,543
	Nine months ended September 30, 2013
	Revenue from external customers	$	594,306		$	204,699		$	5,933		$	-		$	804,938
	Inter-segment revenues		232			3			43,326			(43,561	)		-
	Adjusted EBITDA		137,124			60,148			5,370			(48,486	)		154,156
	Depreciation and amortization		34,080			18,982			1,222			(589	)		53,695
	Operating income (loss)		102,134			40,513			4,142			(48,057	)		98,732
	Capital expenditures		69,214			30,221			728			7,841			108,004
	As of September 30, 2013
	Total assets	$	580,453		$	393,910		$	78,921		$	(1,437	)	$	1,051,847
	Goodwill		64,703			131,455			4,718			-			200,876
	Three months ended September 30, 2012
	Revenue from external customers	$	235,029		$	61,595		$	11,173		$	-		$	307,797
	Inter-segment revenues		41			-			19,428			(19,469	)		-
	Adjusted EBITDA		79,656			19,883			4,300			(14,707	)		89,132
	Depreciation and amortization		8,633			5,134			355			(11	)		14,111
	Operating income (loss)		71,026			14,732			3,945			(14,780	)		74,923
	Capital expenditures		43,938			12,886			5,065			(3,867	)		58,022
	Nine months ended September 30, 2012
	Revenue from external customers	$	713,596		$	76,719		$	34,922		$	-		$	825,237
	Inter-segment revenues		54			-			52,413			(52,467	)		-
	Adjusted EBITDA		267,260			24,560			12,868			(38,864	)		265,824
	Depreciation and amortization		23,166			6,330			1,877			144			31,517
	Operating income (loss)		243,530			18,213			10,990			(39,782	)		232,951
	Capital expenditures		126,178			14,907			6,469			(11,667	)		135,887
	As of September 30, 2012
	Total assets	$	589,762		$	375,456		$	76,021		$	(20,441	)	$	1,020,798
	Goodwill		60,339			131,455			4,718			-			196,512
	Management evaluates segment performance and allocates resources based on total earnings before net interest expense, income taxes, depreciation and amortization, net gain or loss on disposal of assets, transaction costs, and non-routine items, including loss on early extinguishment of debt, legal settlement charges and inventory write-down (“Adjusted EBITDA”), because Adjusted EBITDA is considered an important measure of each segment’s performance. In addition, management believes that the disclosure of Adjusted EBITDA as a measure of each segment’s operating performance allows investors to make a direct comparison to competitors, without regard to differences in capital and financing structure. Investors should be aware, however, that there are limitations inherent in using Adjusted EBITDA as a measure of overall profitability because it excludes significant expense items. An improving trend in Adjusted EBITDA may not be indicative of an improvement in the Company’s profitability. To compensate for the limitations in utilizing Adjusted EBITDA as an operating measure, management also uses U.S. GAAP measures of performance, including operating income and net income, to evaluate performance, but only with respect to the Company as a whole and not on a segment basis.
	As required under Item 10(e) of Regulation S-K of the Securities Exchange Act of 1934, as amended, included below is a reconciliation of Adjusted EBITDA, a non-GAAP financial measure, to net income, which is the nearest comparable U.S. GAAP financial measure (in thousands).
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Adjusted EBITDA	$	42,913		$	89,132		$	154,156		$	265,824
	Interest expense, net		(1,585	)		(1,920	)		(4,918	)		(3,191	)
	Transaction costs		-			(132	)		(176	)		(853	)
	Provision for income taxes		(8,796	)		(23,689	)		(34,865	)		(77,720	)
	Depreciation and amortization		(19,213	)		(14,111	)		(53,695	)		(31,517	)
	Inventory write-down		-			-			(870	)		-
	Loss on disposal of assets		(194	)		(14	)		(516	)		(623	)
	Net income	$	13,125		$	49,266		$	59,116		$	151,920

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	'
	Basis of Presentation and Principles of Consolidation
	The accompanying consolidated financial statements have not been audited by the Company’s independent registered public accounting firm, except that the consolidated balance sheet at December 31, 2012 is derived from audited consolidated financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for fair presentation have been included.
	These consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements. Therefore, these consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2012, which are included in the Company’s Annual Report on Form 10-K, as amended. The operating results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year.
	These consolidated financial statements include the accounts of the Company. All significant inter-company transactions and accounts have been eliminated upon consolidation.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Estimates are used in, but are not limited to, determining the following: allowance for doubtful accounts, recoverability of long-lived assets and intangibles, useful lives used in depreciation and amortization, income taxes and stock-based compensation. The accounting estimates used in the preparation of the consolidated financial statements may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes.
Receivables, Policy [Policy Text Block]	'
	Accounts Receivable and Allowance for Doubtful Account
	Accounts receivable are stated at the amount billed to customers and are ordinarily due upon receipt. The Company provides an allowance for doubtful accounts, which is based upon a review of outstanding receivables, historical collection information and existing economic conditions. Provisions for doubtful accounts are recorded when it is deemed probable that the customer will not make the required payments at either the contractual due dates or in the future.
Inventory, Policy [Policy Text Block]	'
	Inventories
	Inventories for the Stimulation and Well Intervention Services segment and the Wireline Services segment consist of finished goods and raw materials, including equipment components, chemicals, proppants, and supplies and materials for the segments’ operations. Inventories for the Equipment Manufacturing segment consist of raw materials and work-in-process, including equipment components and supplies and materials. See “Note 6 – Segment Information” for further discussion regarding the Company’s reportable segments.
	Inventories are stated at the lower of cost or market (net realizable value) on a first-in, first-out basis and appropriate consideration is given to deterioration, obsolescence and other factors in evaluating net realizable value.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition
	All revenue is recognized when persuasive evidence of an arrangement exists, the service is complete or the equipment has been delivered to the customer, the amount is fixed or determinable and collectability is reasonably assured, as follows:
	Hydraulic Fracturing Revenue.     The Company provides hydraulic fracturing services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. Revenue is recognized and customers are invoiced upon the completion of each job, which can consist of one or more fracturing stages. Once a job has been completed to the customer’s satisfaction, a field ticket is written that includes charges for the service performed and the chemicals and proppants consumed during the course of the service. The field ticket may also include charges for the mobilization of the equipment to the location, additional equipment used on the job, if any, and other miscellaneous consumables.
	Under the Company’s term contracts, customers are typically obligated to pay on a monthly basis for a specified number of hours of service, whether or not those services are actually used. To the extent customers use more than the specified contracted minimums, the Company will be paid a pre-agreed amount for the provision of such additional services.
	The Company also performs hydraulic fracturing services pursuant to pricing agreements. Under such agreements, customers typically commit to targeted utilization levels at agreed-upon pricing, but without termination penalties or obligations to pay for services not used by the customer. In addition, the agreed-upon pricing is typically subject to periodic review, as specifically defined in the agreement, and may be adjusted to then-current market rates upon the agreement of both parties.
	Rates for services performed on a spot market basis are based on an agreed-upon hourly spot market rate. The Company may also charge fees for setup and mobilization of equipment depending on the job, additional equipment used on the job, if any, and materials that are consumed during the fracturing process. Generally, these fees and other charges vary depending on the equipment and personnel required for the job and market conditions in the region in which the services are performed.
	Coiled Tubing Revenue. The Company enters into arrangements to provide coiled tubing and other well stimulation services. Jobs for these services are typically short term in nature, lasting anywhere from a few hours to multiple days. Revenue is recognized upon completion of each day’s work based upon a completed field ticket. The field ticket includes charges for the mobilization of the equipment to the location, the service performed, the personnel on the job, additional equipment used on the job, if any, and miscellaneous consumables used throughout the course of the service. The Company typically charges the customer for these services on an hourly basis at agreed-upon spot market rates.
	Revenue from Materials Consumed While Performing Services. The Company generates revenue from chemicals and proppants that are consumed while performing hydraulic fracturing services. For services performed on a spot market basis, the necessary chemicals and proppants are typically provided by the Company and the customer is billed for those materials at cost plus an agreed-upon markup. For services performed on a contractual basis, when the chemicals and proppants are provided by the Company, the customer is billed for those materials at a negotiated contractual rate. When chemicals and proppants are supplied by the customer, the Company typically charges handling fees based on the amount of chemicals and proppants used.
	In addition, ancillary to coiled tubing and other well stimulation services revenue, the Company generates revenue from various fluids and supplies that are necessarily consumed during those processes.
	Wireline Revenue. Wireline revenue is generated from the performance of cased-hole wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing and pumpdown services. These jobs are typically short term in nature, lasting anywhere from a few hours to multiple days. Revenue is recognized when the services and equipment are provided and the job is completed. The Company typically charges the customer on a per job basis for these services at agreed-upon spot market rates.
	Equipment Manufacturing Revenue. The Company enters into arrangements to construct new equipment, refurbish and repair equipment and provide oilfield parts and supplies to third-party customers in the energy services industry. Revenue is recognized and the customer is invoiced upon the completion and delivery of each order to the customer.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	Stock-Based Compensation
	The Company’s stock-based compensation plans provide the ability to grant equity awards to officers, employees, consultants and non-employee directors. As of September 30, 2013, only nonqualified stock options and restricted stock had been granted under such plans. The Company values option grants based on the grant date fair value by using the Black-Scholes option-pricing model and values restricted stock grants based on the closing price of C&J’s common stock on the date of grant. The Company recognizes stock-based compensation expense on a straight-line basis over the requisite service period. Further information regarding the Company’s stock-based compensation arrangements and the related accounting treatment can be found in “Note 4 – Stock-Based Compensation”.
Fair Value of Financial Instruments, Policy [Policy Text Block]	'
	Fair Value of Financial Instruments
	The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, accounts payable, long-term debt and capital lease obligations. The recorded values of cash and cash equivalents, accounts receivable, and accounts payable approximate their fair values based on their short-term nature. The carrying value of long-term debt and capital lease obligations approximate their fair value, as the interest rates approximate market rates.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes
	The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as income or expense in the period that includes the enactment date.
	The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. In assessing the likelihood and extent that deferred tax assets will be realized, consideration is given to projected future taxable income and tax planning strategies. A valuation allowance is recorded when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
	The Company recognizes the financial statement effects of a tax position when it is more-likely-than-not, based on the technical merits, that the position will be sustained upon examination. A tax position that meets the more-likely-than-not recognition threshold is measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority. Previously recognized tax positions are reversed in the first period in which it is no longer more-likely-than-not that the tax position would be sustained upon examination. Income tax related interest and penalties, if applicable, are recorded as a component of the provision for income tax expense.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings Per Share
	Basic earnings per share is based on the weighted average number of shares of common stock (“common shares”) outstanding during the applicable period and excludes shares subject to outstanding stock options and shares of restricted stock. Diluted earnings per share is computed based on the weighted average number of common shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to outstanding stock options and restricted stock.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain reclassifications have been made to prior period consolidated financial statements to conform to the current period presentations. These reclassifications had no effect on the consolidated financial position, results of operations or cash flows of the Company.

Note_1_Organization_Nature_of_1

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		September 30,			December 31,
		2013			2012
	Raw materials	$	31,524		$	29,232
	Work-in-process		2,375			1,523
	Finished goods		25,215			30,483
	Total inventory		59,114			61,238
	Inventory reserve		(651	)		(579	)
	Inventory, net of reserve	$	58,463		$	60,659
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three Months Ended						September 30,
		September 30,						Nine Months Ended
		2013			2012			2013		2012
		(In thousands, except per share amounts)
	Numerator:
	Net income attributed to common shareholders	$	13,125		$	49,266		$	59,116	$	151,920
	Denominator:
	Weighted average common shares outstanding		53,355			52,026			52,898		51,963
	Effect of potentially dilutive common shares:
	Stock options		1,981			2,073			2,090		1,920
	Restricted stock		150			67			211		22
	Weighted average common shares outstanding and assumed conversions		55,486			54,166			55,199		53,905
	Earnings per common share:
	Basic	$	0.25		$	0.95		$	1.12	$	2.92
	Diluted	$	0.24		$	0.91		$	1.07	$	2.82
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
		(In thousands)
	Basic earnings per share:
	Restricted stock		1,168			769			1,213		291
	Diluted earnings per share:
	Anti-dilutive stock options		1,089			1,217			1,114		1,205
	Anti-dilutive restricted stock		-			19			219		39
	Potentially dilutive securities excluded as anti-dilutive		1,089			1,236			1,333		1,244

Note_3_Intangible_Assets_Table

Note 3 - Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Schedule of Finite and Indefinite Lived Intangible Assets [Table Text Block]	'
		Amortization Period			September 30,				December 31,
		(in years)			2013				2012
	Trade name	10	-	15	$	27,275		$	27,275
	Customer relationships	8	-	15		100,193			100,193
	Non-compete	4				1,600			1,600
	IPR&D	Indefinite				7,598			854
	Trade name - Total	Indefinite				6,247			6,247
						142,913			136,169
	Less: accumulated amortization					(20,233	)		(12,682	)
	Intangible assets, net				$	122,680		$	123,487

Note_4_StockBased_Compensation1

Note 4 - Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	'
		Nine Months Ended
		30-Sep-12
	Expected volatility	65%	to	75%
	Expected dividends	None
	Exercise price	$16.88	-	$18.89
	Expected term (in years)		6
	Risk-free rate	0.9%	-	1.40%

Note_6_Segment_Information_Tab

Note 6 - Segment Information (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Stimulation &			Wireline			Equipment Manufacturing			Corporate			Total
		Well			Services						and Other
		Intervention
		Services
		(in thousands)
	Three months ended September 30, 2013
	Revenue from external customers	$	183,882		$	74,909		$	3,140		$	-		$	261,931
	Inter-segment revenues		117			-			12,983			(13,100	)		-
	Adjusted EBITDA		34,476			22,787			2,298			(16,648	)		42,913
	Depreciation and amortization		12,249			6,741			414			(191	)		19,213
	Operating income (loss)		22,233			15,793			1,882			(16,449	)		23,459
	Capital expenditures		22,513			9,753			187			(3,910	)		28,543
	Nine months ended September 30, 2013
	Revenue from external customers	$	594,306		$	204,699		$	5,933		$	-		$	804,938
	Inter-segment revenues		232			3			43,326			(43,561	)		-
	Adjusted EBITDA		137,124			60,148			5,370			(48,486	)		154,156
	Depreciation and amortization		34,080			18,982			1,222			(589	)		53,695
	Operating income (loss)		102,134			40,513			4,142			(48,057	)		98,732
	Capital expenditures		69,214			30,221			728			7,841			108,004
	As of September 30, 2013
	Total assets	$	580,453		$	393,910		$	78,921		$	(1,437	)	$	1,051,847
	Goodwill		64,703			131,455			4,718			-			200,876
	Three months ended September 30, 2012
	Revenue from external customers	$	235,029		$	61,595		$	11,173		$	-		$	307,797
	Inter-segment revenues		41			-			19,428			(19,469	)		-
	Adjusted EBITDA		79,656			19,883			4,300			(14,707	)		89,132
	Depreciation and amortization		8,633			5,134			355			(11	)		14,111
	Operating income (loss)		71,026			14,732			3,945			(14,780	)		74,923
	Capital expenditures		43,938			12,886			5,065			(3,867	)		58,022
	Nine months ended September 30, 2012
	Revenue from external customers	$	713,596		$	76,719		$	34,922		$	-		$	825,237
	Inter-segment revenues		54			-			52,413			(52,467	)		-
	Adjusted EBITDA		267,260			24,560			12,868			(38,864	)		265,824
	Depreciation and amortization		23,166			6,330			1,877			144			31,517
	Operating income (loss)		243,530			18,213			10,990			(39,782	)		232,951
	Capital expenditures		126,178			14,907			6,469			(11,667	)		135,887
	As of September 30, 2012
	Total assets	$	589,762		$	375,456		$	76,021		$	(20,441	)	$	1,020,798
	Goodwill		60,339			131,455			4,718			-			196,512
Reconciliation of Earnings Before Interest Taxes Depreciation and Amortization [Table Text Block]	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Adjusted EBITDA	$	42,913		$	89,132		$	154,156		$	265,824
	Interest expense, net		(1,585	)		(1,920	)		(4,918	)		(3,191	)
	Transaction costs		-			(132	)		(176	)		(853	)
	Provision for income taxes		(8,796	)		(23,689	)		(34,865	)		(77,720	)
	Depreciation and amortization		(19,213	)		(14,111	)		(53,695	)		(31,517	)
	Inventory write-down		-			-			(870	)		-
	Loss on disposal of assets		(194	)		(14	)		(516	)		(623	)
	Net income	$	13,125		$	49,266		$	59,116		$	151,920

Note_1_Organization_Nature_of_2

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details)	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Number of Reportable Segments	3

Note_1_Organization_Nature_of_3

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Inventories (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Raw materials	$31,524	$29,232
Work-in-process	2,375	1,523
Finished goods	25,215	30,483
Total inventory	59,114	61,238
Inventory reserve	-651	-579
Inventory, net of reserve	$58,463	$60,659

Note_1_Organization_Nature_of_4

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations [Line Items]	'	'	'	'	'
Net income attributed to common shareholders (in Dollars)	$13,125	$49,266	$59,116	$151,920	$182,350
Weighted average common shares outstanding	53,355	52,026	52,898	51,963	'
Weighted average common shares outstanding and assumed conversions	55,486	54,166	55,199	53,905	'
Basic (in Dollars per share)	$0.25	$0.95	$1.12	$2.92	'
Diluted (in Dollars per share)	$0.24	$0.91	$1.07	$2.82	'
Restricted stock (in Dollars)	$1,168	$769	$1,213	$291	'
Potentially dilutive securities excluded as anti-dilutive	1,089	1,236	1,333	1,244	'
Employee Stock Option [Member]	'	'	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations [Line Items]	'	'	'	'	'
Potentially dilutive shares	1,981	2,073	2,090	1,920	'
Restricted Stock [Member]	'	'	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations [Line Items]	'	'	'	'	'
Potentially dilutive shares	150	67	211	22	'
Stock Option, Employee [Member]	'	'	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations [Line Items]	'	'	'	'	'
Potentially dilutive securities excluded as anti-dilutive	1,089	1,217	1,114	1,205	'
Restricted Stock [Member]	'	'	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Reconciliation of the Components of the Basic and Diluted Earnings Per Share Calculations [Line Items]	'	'	'	'	'
Potentially dilutive securities excluded as anti-dilutive	0	19	219	39	'

Note_2_LongTerm_Debt_and_Capit1

Note 2 - Long-Term Debt and Capital Lease Obligations (Details) (USD $)	1 Months Ended	9 Months Ended		0 Months Ended		9 Months Ended	0 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Apr. 19, 2011	Sep. 30, 2013	Jun. 05, 2012	Jun. 05, 2012	Jun. 05, 2012	Sep. 30, 2013	Jun. 05, 2012	Jun. 05, 2012	Sep. 30, 2013
				Minimum [Member]	Minimum [Member]	Minimum [Member]	Maximum [Member]	Maximum [Member]	Maximum [Member]
				Base Rate Loans [Member]	LIBOR Loans [Member]		Base Rate Loans [Member]	LIBOR Loans [Member]
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'	'	'	'	'	'	'
Line Of Credit Facility, Term	'5 years	'	'	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)	$200	'	$400	'	'	'	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	'	1.25%	2.25%	'	2.00%	3.00%	'
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	'	0.50%	'	'	'	'	'	'	'
Line of Credit Facility, Amount Outstanding (in Dollars)	'	125	'	'	'	'	'	'	'
Letters of Credit Outstanding, Amount (in Dollars)	'	0.7	'	'	'	'	'	'	'
Line of Credit Facility, Remaining Borrowing Capacity (in Dollars)	'	$274.30	'	'	'	'	'	'	'
Capital Leases Contracts Term	'	'	'	'	'	'3 years	'	'	'4 years

Note_3_Intangible_Assets_Detai

Note 3 - Intangible Assets (Details) - Components of Intangible Assets (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

In Thousands, unless otherwise specified

IPR&D Total [Member]

IPR&D Total [Member]

IPR&D Total [Member]

Trade Name Total [Member]

Trade Name Total [Member]

Trade Name Total [Member]

Trade Names [Member]

Trade Names [Member]

Customer Relationships [Member]

Customer Relationships [Member]

Noncompete Agreements [Member]

Noncompete Agreements [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Minimum [Member]

Minimum [Member]

Trade Names [Member]

Customer Relationships [Member]

Noncompete Agreements [Member]

Trade Names [Member]

Customer Relationships [Member]

Note 3 - Intangible Assets (Details) - Components of Intangible Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization Period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'10 years

'8 years

'4 years

'15 years

'15 years

Finite-lived Intangible assets

'

'

'

'

'

'

'

'

$27,275

$27,275

$100,193

$100,193

$1,600

$1,600

'

'

'

'

'

Amortization Period

'

'

'

'

'Indefinite

'

'

'Indefinite

'

'

'

'

'

'

'

'

'

'

'

Indefnite-lived Intangible assets

'

'

7,598

854

'

6,247

6,247

'

'

'

'

'

'

'

'

'

'

'

'

142,913

136,169

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less: accumulated amortization

-20,233

-12,682

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Intangible assets, net

$122,680

$123,487

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Note_4_StockBased_Compensation2

Note 4 - Stock-Based Compensation (Details) (USD $)	9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	4.3	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	3.1	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	'	0.1
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	5.4	'
Share-Based Compensation Arrangement by Share-Based Payment Award Expiration	'10 years	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'3 years	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0.7	0.8
Minimum [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)	19.25	18.72
Maximum [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)	23.69	20.89

Note_4_StockBased_Compensation3

Note 4 - Stock-Based Compensation (Details) - Fair Value Assumptions (USD $)	9 Months Ended
	Sep. 30, 2012
Note 4 - Stock-Based Compensation (Details) - Fair Value Assumptions [Line Items]	'
Expected term (in years)	'6 years
Minimum [Member]	'
Note 4 - Stock-Based Compensation (Details) - Fair Value Assumptions [Line Items]	'
Expected volatility	65.00%
Exercise price (in Dollars per share)	16.88
Risk-free rate	0.90%
Maximum [Member]	'
Note 4 - Stock-Based Compensation (Details) - Fair Value Assumptions [Line Items]	'
Expected volatility	75.00%
Exercise price (in Dollars per share)	18.89
Risk-free rate	1.40%

Note_6_Segment_Information_Det

Note 6 - Segment Information (Details)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Number of Reportable Segments	3
Business Segment, Number Of Related Service Lines	2

Note_6_Segment_Information_Det1

Note 6 - Segment Information (Details) - Segment Data (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	$42,913	$89,132	$154,156	$265,824	'
Depreciation and amortization	19,213	14,111	53,695	31,517	'
Operating income (loss)	23,459	74,923	98,732	232,951	'
Capital expenditures	'	'	108,004	135,887	'
Total assets	1,051,847	'	1,051,847	'	1,012,757
Goodwill	200,876	'	200,876	'	196,512
External [Member] | Stimulation and Well Intervention Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	183,882	235,029	594,306	713,596	'
External [Member] | Wireline Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	74,909	61,595	204,699	76,719	'
External [Member] | Equipment Manufacturing [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	3,140	11,173	5,933	34,922	'
External [Member] | Corporate and Other [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	0	0	0	0	'
External [Member] | Business Segment - Total [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	261,931	307,797	804,938	825,237	'
Inter-segment [Member] | Stimulation and Well Intervention Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	117	41	232	54	'
Inter-segment [Member] | Wireline Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	0	0	3	0	'
Inter-segment [Member] | Equipment Manufacturing [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	12,983	19,428	43,326	52,413	'
Inter-segment [Member] | Corporate and Other [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	-13,100	-19,469	-43,561	-52,467	'
Inter-segment [Member] | Business Segment - Total [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Revenue	0	0	0	0	'
Stimulation and Well Intervention Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	34,476	79,656	137,124	267,260	'
Depreciation and amortization	12,249	8,633	34,080	23,166	'
Operating income (loss)	22,233	71,026	102,134	243,530	'
Capital expenditures	22,513	43,938	69,214	126,178	'
Total assets	580,453	589,762	580,453	589,762	'
Goodwill	64,703	60,339	64,703	60,339	'
Wireline Services [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	22,787	19,883	60,148	24,560	'
Depreciation and amortization	6,741	5,134	18,982	6,330	'
Operating income (loss)	15,793	14,732	40,513	18,213	'
Capital expenditures	9,753	12,886	30,221	14,907	'
Total assets	393,910	375,456	393,910	375,456	'
Goodwill	131,455	131,455	131,455	131,455	'
Equipment Manufacturing [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	2,298	4,300	5,370	12,868	'
Depreciation and amortization	414	355	1,222	1,877	'
Operating income (loss)	1,882	3,945	4,142	10,990	'
Capital expenditures	187	5,065	728	6,469	'
Total assets	78,921	76,021	78,921	76,021	'
Goodwill	4,718	4,718	4,718	4,718	'
Corporate and Other [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	-16,648	-14,707	-48,486	-38,864	'
Depreciation and amortization	-191	-11	-589	144	'
Operating income (loss)	-16,449	-14,780	-48,057	-39,782	'
Capital expenditures	-3,910	-3,867	7,841	-11,667	'
Total assets	-1,437	-20,441	-1,437	-20,441	'
Goodwill	0	0	0	0	'
Business Segment - Total [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Adjusted EBITDA	42,913	89,132	154,156	265,824	'
Depreciation and amortization	19,213	14,111	53,695	31,517	'
Operating income (loss)	23,459	74,923	98,732	232,951	'
Capital expenditures	28,543	58,022	108,004	135,887	'
Total assets	1,051,847	1,020,798	1,051,847	1,020,798	'
Goodwill	$200,876	$196,512	$200,876	$196,512	'

Note_6_Segment_Information_Det2

Note 6 - Segment Information (Details) - EBITDA Reconciliation (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
EBITDA Reconciliation [Abstract]	'	'	'	'	'
Adjusted EBITDA	$42,913	$89,132	$154,156	$265,824	'
Interest expense, net	-1,585	-1,920	-4,918	-3,191	'
Transaction costs	0	-132	-176	-853	'
Provision for income taxes	-8,796	-23,689	-34,865	-77,720	'
Depreciation and amortization	-19,213	-14,111	-53,695	-31,517	'
Inventory write-down	0	0	-870	0	'
Loss on disposal of assets	-194	-14	-516	-623	'
Net income	$13,125	$49,266	$59,116	$151,920	$182,350