C&J Energy Services 10-Q 7 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	2-May-14
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	'	55,411,622
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	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets_Cu

Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$17,305	$14,414
Accounts receivable, net of allowance of $1,801 at March 31, 2014 and $1,668 at December 31, 2013	174,812	152,696
Inventories, net	69,190	70,946
Prepaid and other current assets	19,375	17,066
Deferred tax assets	1,288	1,722
Total current assets	281,970	256,844
Property, plant and equipment, net of accumulated depreciation of $168,233 at March 31, 2014 and $148,954 at December 31, 2013	598,128	535,574
Other assets:	'	'
Goodwill	205,596	205,798
Intangible assets, net	120,449	123,038
Deposits on equipment under construction	5,625	4,331
Deferred financing costs, net of accumulated amortization of $2,784 at March 31, 2014 and $2,494 at December 31, 2013	2,398	2,688
Other noncurrent assets	6,835	4,027
Total assets	1,221,001	1,132,300
Current liabilities:	'	'
Accounts payable	114,780	88,576
Payroll and related costs	18,763	13,711
Accrued expenses	18,697	18,619
Income taxes payable	3,341	266
Current capital lease obligations	4,323	2,861
Other current liabilities	1,075	1,100
Total current liabilities	160,979	125,133
Deferred tax liabilities	145,214	145,215
Long-term debt and capital lease obligations	200,704	164,205
Other long-term liabilities	1,544	1,596
Total liabilities	508,441	436,149
Commitments and contingencies	'	'
Stockholders' equity	'	'
Common stock, par value of $0.01, 100,000,000 shares authorized, 55,420,479 issued and outstanding at March 31, 2014 and 54,604,124 issued and outstanding at December 31, 2013	554	546
Additional paid-in capital	259,001	254,188
Retained earnings	453,005	441,417
Total stockholders' equity	712,560	696,151
Total liabilities and stockholders' equity	$1,221,001	$1,132,300

Consolidated_Balance_Sheets_Cu1

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Nccounts rP5cP5ivablP5, allowancP5	$1,801	$1,668
PropP5rty, plant and P5quipmP5nt, accumulatP5d dP5prP5ciation	168,233	148,954
DP5fP5rrP5d financing costs, accumulatP5d amortization	$2,784	$2,494
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	55,420,479	54,604,124
Common stock, shares outstanding	55,420,479	54,604,124

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Revenue	$316,537	$276,051
Costs and expenses:	'	'
Direct costs	230,544	187,100
Selling, general and administrative expenses	40,386	31,878
Research and development	2,791	9
Depreciation and amortization	21,870	16,556
Loss on disposal of assets	38	90
Operating income	20,908	40,418
Other income (expense):	'	'
Interest expense, net	-1,749	-1,660
Other income, net	166	66
Total other income (expense)	-1,583	-1,594
Income before income taxes	19,325	38,824
Income tax expense	7,737	13,680
Net income	$11,588	$25,144
Net income per common share:	'	'
Basic (in Dollars per share)	$0.22	$0.48
Diluted (in Dollars per share)	$0.21	$0.46
Weighted average common shares outstanding:	'	'
Basic (in Shares)	53,628	52,534
Diluted (in Shares)	56,384	55,039

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, December 31, 2012 at Dec. 31, 2012	$531	$224,348	$375,012	$599,891
Balance, December 31, 2012 (in Shares) at Dec. 31, 2012	53,132	'	'	'
Issuance of restricted stock, net of forfeitures (in Shares)	669	'	'	'
Issuance of restricted stock, net of forfeitures	7	-7	'	'
Employee tax withholding on restricted stock vesting	-1	-1,374	'	-1,375
Employee tax withholding on restricted stock vesting (in Shares)	-74	'	'	'
Exercise of stock options	9	5,210	'	5,219
Exercise of stock options (in Shares)	877	'	'	'
Tax effect of stock-based compensation	'	3,430	'	3,430
Stock-based compensation	'	22,581	'	22,581
Net income	'	'	66,405	66,405
Balance at Dec. 31, 2013	546	254,188	441,417	696,151
Balance (in Shares) at Dec. 31, 2013	54,604	'	'	'
Issuance of restricted stock, net of forfeitures (in Shares)	757	'	'	'
Issuance of restricted stock, net of forfeitures	8	-8	'	'
Employee tax withholding on restricted stock vesting	-1	-1,813	'	-1,814
Employee tax withholding on restricted stock vesting (in Shares)	-73	'	'	'
Exercise of stock options	1	708	'	709
Exercise of stock options (in Shares)	132	'	'	'
Tax effect of stock-based compensation	'	798	'	798
Stock-based compensation	'	5,128	'	5,128
Net income	'	'	11,588	11,588
Balance at Mar. 31, 2014	$554	$259,001	$453,005	$712,560
Balance (in Shares) at Mar. 31, 2014	55,420	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Net income	$11,588	$25,144
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	21,870	16,556
Deferred income taxes	433	-5,973
Provision for doubtful accounts, net of write-offs	150	150
Equity in earnings from unconsolidated affiliate	-64	'
Loss on disposal of assets	38	90
Stock-based compensation expense	5,128	5,905
Excess tax benefit from stock-based award activity	-832	-782
Amortization of deferred financing costs	290	290
Changes in operating assets and liabilities:	'	'
Accounts receivable	-22,271	1,702
Inventories	1,760	8,082
Prepaid and other current assets	-2,305	-5,672
Accounts payable	26,397	96
Payroll and related costs and accrued expenses	5,128	-703
Income taxes payable	3,873	17,480
Other	208	-45
Net cash provided by operating activities	51,391	62,320
Cash flows from investing activities:	'	'
Purchases of and deposits on property, plant and equipment	-57,376	-36,972
Proceeds from disposal of property, plant and equipment	35	295
Investments in unconsolidated affiliate	-3,000	'
Net cash used in investing activities	-60,341	-36,677
Cash flows from financing activities:	'	'
Proceeds (payments) on revolving debt, net	13,000	-20,000
Payments of capital lease obligations	-886	-508
Proceeds from stock options exercised	709	1,748
Employee tax withholding on restricted stock vesting	-1,814	'
Excess tax benefit from stock-based award activity	832	782
Net cash provided by (used in) financing activities	11,841	-17,978
Net increase in cash and cash equivalents	2,891	7,665
Cash and cash equivalents, beginning of period	14,414	14,442
Cash and cash equivalents, end of period	17,305	22,107
Supplemental cash flow disclosures:	'	'
Cash paid for interest	1,418	1,391
Cash paid for income taxes	34	2,173
Non-cash investing & financing activity: Capital lease obligation related to corporate headquarters	$25,636	'

Note_1_Organization_Nature_of_

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
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, pumpdown and other complementary services through its Wireline Services segment to oil and natural gas exploration and production companies throughout the United States. With the development of a specialty chemicals business and strategic acquisitions during 2013, the Company now provides specialty chemicals for completion and production services, as well as downhole tools and related directional drilling technology and data control systems through the Stimulation and Well Intervention Services segment. 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, including C&J International B.V. and C&J International Middle East FZCO.
	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, 2013 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, 2013, which are included in the Company’s Annual Report on Form 10-K, as filed with the SEC. 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.
	Cash and Cash Equivalents. For purposes of the consolidated statement of cash flows, cash is defined as cash on-hand, demand deposits, and short-term investments with initial maturities of three months or less. The Company maintains its cash and cash equivalents in various financial institutions, which at times may exceed federally insured amounts. Management believes that this risk is not significant.
	Accounts Receivable and Allowance for Doubtful Accounts. Accounts receivable are stated at the amount billed to customers and are ordinarily due within 30-45 days of receipt of invoice. 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):
		March 31,			December 31,
		2014			2013
	Raw materials	$	33,102		$	31,445
	Work-in-process		5,721			3,652
	Finished goods		31,255			36,690
	Total inventory		70,078			71,787
	Inventory reserve		(888	)		(841	)
	Inventory, net of reserve	$	69,190		$	70,946
	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. Under either scenario, 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 service. The field ticket may also include charges for the mobilization of equipment to the location, additional equipment used on the job, if any, and other miscellaneous consumables.
	Historically, most of the Company’s hydraulic fracturing services were performed under long-term “take-or-pay” contracts, the last of which expired in February 2014. Under these legacy term contracts, customers were typically obligated to pay on a monthly basis for a specified number of hours of service, whether or not those services were actually used. To the extent customers used more than the specified contracted minimums, the Company would be paid a pre-agreed amount for the provision of such additional services.
	Pursuant to pricing agreements and other contractual arrangements which the Company may enter into from time to time, such as those associated with an award from a bid process, 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 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.
	Coiled Tubing and Other Well Stimulation Revenue. The Company provides coiled tubing and other well stimulation services, including nitrogen, pressure pumping and thru-tubing services, primarily on a spot market basis. 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 typically 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. The Company provides wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing and pumpdown services, on a spot market basis. Jobs for these services 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 the Company’s employees, consultants and non-employee directors. As of March 31, 2014, 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 grant date. 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.
	Equity Method Investments. The Company has an investment in a joint venture which is accounted for under the equity method of accounting as the Company has the ability to exercise significant influence over operating and financial policies of the joint venture. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. Under the equity method, original investments are recorded at cost and adjusted by the Company’s share of undistributed earnings and losses of these investments. The Company eliminates all significant intercompany transactions, including the intercompany portion of transactions with equity method investees, from the consolidated financial results.
	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
		March 31,
		2014			2013
		(In thousands, except per share amounts)
	Numerator:
	Net income attributed to common shareholders	$	11,588		$	25,144
	Denominator:
	Weighted average common shares outstanding		53,628			52,534
	Effect of potentially dilutive common shares:
	Stock options		2,199			2,243
	Restricted stock		557			262
	Weighted average common shares outstanding and assumed conversions		56,384			55,039
	Earnings per common share:
	Basic	$	0.22		$	0.48
	Diluted	$	0.21		$	0.46
	A summary of securities excluded from the computation of basic and diluted earnings per share is presented below for the applicable periods:
		March 31,
		2014			2013
		(In thousands)
	Basic earnings per share:
	Restricted stock		1,420			1,095
	Diluted earnings per share:
	Anti-dilutive stock options		-			1,125
	Anti-dilutive restricted stock		-			1
	Potentially dilutive securities excluded as anti-dilutive		-			1,126
	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	3 Months Ended
	Mar. 31, 2014
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 senior secured revolving credit agreement which, as amended on June 5, 2012, has a borrowing base of $400.0 million (the “Credit Facility”). The aggregate amount by which the Company may periodically increase commitments through incremental facilities is $100.0 million, the sublimit for letters of credit is $200.0 million and the sublimit for swing line loans is $25.0 million. 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 March 31, 2014, $163.0 million was outstanding under the Credit Facility, along with $2.0 million in letters of credit, leaving $235.0 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 weighted average interest rate as of March 31, 2014 was 2.4%.
	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 March 31, 2014.
	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
	In 2013, the Company entered into “build-to-suit” lease agreements for the construction of its new research and technology facility and its new corporate headquarters. Each lease is accounted for as a capital lease, which constitutes a non-cash investing and financing activity. The lease for the research and technology facility commenced upon completion of construction in October 2013, creating a capital lease obligation of $13.5 million. The lease for the corporate headquarters facility commenced upon completion of construction in March 2014, creating a capital lease obligation of $25.6 million. As of March 31, 2014, the Company had $37.7 million in long-term capital lease obligations associated with the new research and technology facility and corporate headquarters.
	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	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Intangible Assets Disclosure [Text Block]	'
	Note 3 - Intangible Assets
	Intangible assets consist of the following (in thousands):
		Amortization	March 31,			December 31,
		Period	2014			2013
	Trade name (years)	15-Oct	$	27,665		$	27,665
	Customer relationships (years)	15-Aug		100,593			100,593
	Non-compete, backlog and patent (months)	Nov-48		4,601			4,601
	Developed technology (years)	10		2,110			2,110
	IPR&D	Indefinite		7,598			7,598
	Trade name - Total Equipment	Indefinite		6,247			6,247
				148,814			148,814
	Less: accumulated amortization			(28,365	)		(25,776	)
	Intangible assets, net		$	120,449		$	123,038

Note_4_StockBased_Compensation

Note 4 - Stock-Based Compensation	3 Months Ended
	Mar. 31, 2014
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 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, performance awards 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. This number of shares is subject to adjustment in the event of a reclassification, recapitalization, merger, consolidation, reorganization, spin-off, split-up, issuance of warrants, rights or debentures, stock dividend, stock split or reverse stock split, cash dividend, property dividend, combination or exchange of shares, repurchase of shares, change in corporate structure or any similar corporate event or transaction. This number of shares may also increase due to the termination of an award granted under the 2012 LTIP, or under the Company’s Prior Plans (as defined below), by expiration, forfeiture, cancellation or otherwise without the issuance of the shares of common stock. Approximately 2.5 million shares were available for issuance under the 2012 LTIP as of March 31, 2014.
	Prior to the approval of the 2012 LTIP, all stock-based awards granted to the Company’s employees, consultants and non-employee directors 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 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. Option awards are generally granted with an exercise price equal to the market price of the Company’s common stock on the grant date. 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. Additionally, 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. No stock options were granted by the Company during the three months ended March 31, 2014 and March 31, 2013.
	As of March 31, 2014, the Company had approximately 5.1 million options outstanding to employees and non-employee directors. Options awards granted under the 2012 LTIP and the Prior Plans expire on the tenth anniversary of the grant date and generally vest over three years of continuous service with one-third vesting on each of the first, second and third anniversaries of the grant date.
	Restricted Stock
	Restricted stock is valued based on the closing price of the Company’s common stock on the NYSE on the date of grant. During the three months ended March 31, 2014, approximately 0.8 million shares of restricted stock were granted to employees and non-employee directors under the 2012 LTIP at fair market values ranging from $22.65 to $24.74 per share. During the three months ended March 31, 2013, 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 $22.81 to $23.69 per share.
	To the extent permitted by law, the recipient of an award of restricted stock will have all of the rights of a stockholder with respect to the underlying shares of common stock, including the right to vote the common shares and to receive all dividends or other distributions made with respect to the common shares. Dividends on restricted stock will be deferred until the lapsing of the restrictions imposed on the shares and will be held by the Company for the account of the recipient (either in cash or to be reinvested in shares of restricted stock) until such time. Payment of the deferred dividends and accrued interest, if any, shall be made upon the lapsing of restrictions on the shares of restricted stock, and any dividends deferred in respect of any shares of restricted stock shall be forfeited upon the forfeiture of such shares of restricted stock.
	As of March 31, 2014, the Company had approximately 1.7 million restricted shares outstanding to employees and non-employee directors. Restricted stock awards granted under the 2012 LTIP generally vest over a three-year period from the grant date.

Note_5_Commitments_and_Conting

Note 5 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Note 5 - Commitments and Contingencies
	Environmental
	The Company is subject to various federal, state and local environmental laws and regulations that establish standards and requirements for protection of the environment. The Company cannot predict the future impact of such standards and requirements which are subject to change and can have retroactive effectiveness. The Company continues to monitor the status of these laws and regulations.
	Currently, the Company has not been fined, cited or notified of any environmental violations that would have a material adverse effect upon its consolidated financial position, liquidity or capital resources. However, management does recognize that by the very nature of its business, material costs could be incurred in the near term to maintain compliance. The amount of such future expenditures is not determinable due to several factors, including the unknown magnitude of possible regulation or liabilities, the unknown timing and extent of the corrective actions which may be required, the determination of the Company’s liability in proportion to other responsible parties and the extent to which such expenditures are recoverable from insurance or indemnification.
	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	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	Note 6 - Segment Information
	In accordance with FASB Accounting Standards Codification 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. Additionally, with the development of a specialty chemicals business and strategic acquisitions during 2013, the Company now provides specialty chemicals for completion and production services, as well as downhole tools and related directional drilling technology and data control systems. After an evaluation of these businesses, it was determined that at this time each is appropriately accounted for under the Stimulation and Well Intervention Services segment.
	Wireline Services. This segment provides cased-hole wireline, pumpdown 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 & Well Intervention Services			Wireline Services			Equipment Manufacturing		Corporate and Other			Total
		(in thousands)
	Three months ended March 31, 2014
	Revenue from external customers	$	231,245		$	83,128		$	2,164	$	-		$	316,537
	Inter-segment revenues		6			-			17,906		(17,912	)		-
	Adjusted EBITDA		33,604			24,806			3,496		(18,924	)		42,982
	Depreciation and amortization		13,909			7,778			443		(260	)		21,870
	Operating income (loss)		19,636			16,957			3,051		(18,736	)		20,908
	Capital expenditures		33,742			24,462			336		(1,164	)		57,376
	As of March 31, 2014
	Total assets	$	690,121		$	422,191		$	88,472	$	20,217		$	1,221,001
	Goodwill		69,423			131,455			4,718		-			205,596
	Three months ended March 31, 2013
	Revenue from external customers	$	212,687		$	62,129		$	1,235	$	-		$	276,051
	Inter-segment revenues		115			-			18,700		(18,815	)		-
	Adjusted EBITDA		54,382			17,650			1,874		(16,603	)		57,303
	Depreciation and amortization		10,507			5,832			402		(185	)		16,556
	Operating income (loss)		43,847			11,691			1,470		(16,590	)		40,418
	Capital expenditures		25,399			12,409			270		(1,106	)		36,972
	As of March 31, 2013
	Total assets	$	593,873		$	386,347		$	81,081	$	(25,535	)	$	1,035,766
	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 certain non-routine items (“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
		March 31,
		2014			2013
	Adjusted EBITDA	$	42,982		$	57,303
	Interest expense, net		(1,749	)		(1,660	)
	Provision for income taxes		(7,737	)		(13,680	)
	Depreciation and amortization		(21,870	)		(16,556	)
	Loss on disposal of assets		(38	)		(90	)
	Transaction costs		-			(173	)
	Net income	$	11,588		$	25,144

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2014
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, 2013 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, 2013, which are included in the Company’s Annual Report on Form 10-K, as filed with the SEC. 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.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and Cash Equivalents. For purposes of the consolidated statement of cash flows, cash is defined as cash on-hand, demand deposits, and short-term investments with initial maturities of three months or less. The Company maintains its cash and cash equivalents in various financial institutions, which at times may exceed federally insured amounts. Management believes that this risk is not significant.
Receivables, Policy [Policy Text Block]	'
	Accounts Receivable and Allowance for Doubtful Accounts. Accounts receivable are stated at the amount billed to customers and are ordinarily due within 30-45 days of receipt of invoice. 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. Inventories consisted of the following (in thousands):
		March 31,			December 31,
		2014			2013
	Raw materials	$	33,102		$	31,445
	Work-in-process		5,721			3,652
	Finished goods		31,255			36,690
	Total inventory		70,078			71,787
	Inventory reserve		(888	)		(841	)
	Inventory, net of reserve	$	69,190		$	70,946
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. Under either scenario, 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 service. The field ticket may also include charges for the mobilization of equipment to the location, additional equipment used on the job, if any, and other miscellaneous consumables.
	Historically, most of the Company’s hydraulic fracturing services were performed under long-term “take-or-pay” contracts, the last of which expired in February 2014. Under these legacy term contracts, customers were typically obligated to pay on a monthly basis for a specified number of hours of service, whether or not those services were actually used. To the extent customers used more than the specified contracted minimums, the Company would be paid a pre-agreed amount for the provision of such additional services.
	Pursuant to pricing agreements and other contractual arrangements which the Company may enter into from time to time, such as those associated with an award from a bid process, 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 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.
	Coiled Tubing and Other Well Stimulation Revenue. The Company provides coiled tubing and other well stimulation services, including nitrogen, pressure pumping and thru-tubing services, primarily on a spot market basis. 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 typically 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. The Company provides wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing and pumpdown services, on a spot market basis. Jobs for these services 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 the Company’s employees, consultants and non-employee directors. As of March 31, 2014, 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 grant date. 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.
Equity Method Investments, Policy [Policy Text Block]	'
	Equity Method Investments. The Company has an investment in a joint venture which is accounted for under the equity method of accounting as the Company has the ability to exercise significant influence over operating and financial policies of the joint venture. Judgment regarding the level of influence over each equity method investment includes considering key factors such as ownership interest, representation on the board of directors, participation in policy-making decisions and material intercompany transactions. Under the equity method, original investments are recorded at cost and adjusted by the Company’s share of undistributed earnings and losses of these investments. The Company eliminates all significant intercompany transactions, including the intercompany portion of transactions with equity method investees, from the consolidated financial results.
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.
	The following is a reconciliation of the components of the basic and diluted earnings per share calculations for the applicable periods:
		Three Months Ended
		March 31,
		2014			2013
		(In thousands, except per share amounts)
	Numerator:
	Net income attributed to common shareholders	$	11,588		$	25,144
	Denominator:
	Weighted average common shares outstanding		53,628			52,534
	Effect of potentially dilutive common shares:
	Stock options		2,199			2,243
	Restricted stock		557			262
	Weighted average common shares outstanding and assumed conversions		56,384			55,039
	Earnings per common share:
	Basic	$	0.22		$	0.48
	Diluted	$	0.21		$	0.46
	A summary of securities excluded from the computation of basic and diluted earnings per share is presented below for the applicable periods:
		March 31,
		2014			2013
		(In thousands)
	Basic earnings per share:
	Restricted stock		1,420			1,095
	Diluted earnings per share:
	Anti-dilutive stock options		-			1,125
	Anti-dilutive restricted stock		-			1
	Potentially dilutive securities excluded as anti-dilutive		-			1,126
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)	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		March 31,			December 31,
		2014			2013
	Raw materials	$	33,102		$	31,445
	Work-in-process		5,721			3,652
	Finished goods		31,255			36,690
	Total inventory		70,078			71,787
	Inventory reserve		(888	)		(841	)
	Inventory, net of reserve	$	69,190		$	70,946
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three Months Ended
		March 31,
		2014			2013
		(In thousands, except per share amounts)
	Numerator:
	Net income attributed to common shareholders	$	11,588		$	25,144
	Denominator:
	Weighted average common shares outstanding		53,628			52,534
	Effect of potentially dilutive common shares:
	Stock options		2,199			2,243
	Restricted stock		557			262
	Weighted average common shares outstanding and assumed conversions		56,384			55,039
	Earnings per common share:
	Basic	$	0.22		$	0.48
	Diluted	$	0.21		$	0.46
		March 31,
		2014			2013
		(In thousands)
	Basic earnings per share:
	Restricted stock		1,420			1,095
	Diluted earnings per share:
	Anti-dilutive stock options		-			1,125
	Anti-dilutive restricted stock		-			1
	Potentially dilutive securities excluded as anti-dilutive		-			1,126

Note_3_Intangible_Assets_Table

Note 3 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Schedule of Intangible Assets and Goodwill [Table Text Block]	'
		Amortization	March 31,			December 31,
		Period	2014			2013
	Trade name (years)	15-Oct	$	27,665		$	27,665
	Customer relationships (years)	15-Aug		100,593			100,593
	Non-compete, backlog and patent (months)	Nov-48		4,601			4,601
	Developed technology (years)	10		2,110			2,110
	IPR&D	Indefinite		7,598			7,598
	Trade name - Total Equipment	Indefinite		6,247			6,247
				148,814			148,814
	Less: accumulated amortization			(28,365	)		(25,776	)
	Intangible assets, net		$	120,449		$	123,038

Note_6_Segment_Information_Tab

Note 6 - Segment Information (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Stimulation & Well Intervention Services			Wireline Services			Equipment Manufacturing		Corporate and Other			Total
		(in thousands)
	Three months ended March 31, 2014
	Revenue from external customers	$	231,245		$	83,128		$	2,164	$	-		$	316,537
	Inter-segment revenues		6			-			17,906		(17,912	)		-
	Adjusted EBITDA		33,604			24,806			3,496		(18,924	)		42,982
	Depreciation and amortization		13,909			7,778			443		(260	)		21,870
	Operating income (loss)		19,636			16,957			3,051		(18,736	)		20,908
	Capital expenditures		33,742			24,462			336		(1,164	)		57,376
	As of March 31, 2014
	Total assets	$	690,121		$	422,191		$	88,472	$	20,217		$	1,221,001
	Goodwill		69,423			131,455			4,718		-			205,596
	Three months ended March 31, 2013
	Revenue from external customers	$	212,687		$	62,129		$	1,235	$	-		$	276,051
	Inter-segment revenues		115			-			18,700		(18,815	)		-
	Adjusted EBITDA		54,382			17,650			1,874		(16,603	)		57,303
	Depreciation and amortization		10,507			5,832			402		(185	)		16,556
	Operating income (loss)		43,847			11,691			1,470		(16,590	)		40,418
	Capital expenditures		25,399			12,409			270		(1,106	)		36,972
	As of March 31, 2013
	Total assets	$	593,873		$	386,347		$	81,081	$	(25,535	)	$	1,035,766
	Goodwill		60,339			131,455			4,718		-			196,512
Reconciliation of Earnings Before Interest Taxes Depreciation and Amortization [Table Text Block]	'
		Three Months Ended
		March 31,
		2014			2013
	Adjusted EBITDA	$	42,982		$	57,303
	Interest expense, net		(1,749	)		(1,660	)
	Provision for income taxes		(7,737	)		(13,680	)
	Depreciation and amortization		(21,870	)		(16,556	)
	Loss on disposal of assets		(38	)		(90	)
	Transaction costs		-			(173	)
	Net income	$	11,588		$	25,144

Note_1_Organization_Nature_of_2

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2014
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 $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Raw materials	$33,102	$31,445
Work-in-process	5,721	3,652
Finished goods	31,255	36,690
Total inventory	70,078	71,787
Inventory reserve	-888	-841
Inventory, net of reserve	$69,190	$70,946

Note_1_Organization_Nature_of_4

Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share (USD $)	3 Months Ended		12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share [Line Items]	'	'	'
Net income attributed to common shareholders (in Dollars)	$11,588	$25,144	$66,405
Weighted average common shares outstanding	53,628	52,534	'
Weighted average common shares outstanding and assumed conversions	56,384	55,039	'
Basic (in Dollars per share)	$0.22	$0.48	'
Diluted (in Dollars per share)	$0.21	$0.46	'
Restricted stock (in Dollars)	$1,420	$1,095	'
Potentially dilutive securities excluded as anti-dilutive	'	1,126	'
Employee Stock Option [Member]	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share [Line Items]	'	'	'
Potentially dilutive shares	2,199	2,243	'
Restricted Stock [Member]	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share [Line Items]	'	'	'
Potentially dilutive shares	557	262	'
Stock Options1 [Member]	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share [Line Items]	'	'	'
Potentially dilutive securities excluded as anti-dilutive	'	1,125	'
Restricted Stock [Member]	'	'	'
Note 1 - Organization, Nature of Business and Summary of Significant Accounting Policies (Details) - Earnings (Loss) Per Share [Line Items]	'	'	'
Potentially dilutive securities excluded as anti-dilutive	'	1	'

Note_2_LongTerm_Debt_and_Capit1

Note 2 - Long-Term Debt and Capital Lease Obligations (Details) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Jun. 05, 2012	Apr. 19, 2011	Mar. 31, 2014
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	$400	'	'
Aggregate Amount of Periodic Increase in Committments Through Incremental Facilities	100	'	'
Sublimit for Letters of Credit	200	'	'
Sublimit for Swing Line Loans	25	'	'
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	'	'	0.50%
Line of Credit Facility, Amount Outstanding	'	'	163
Letters of Credit Outstanding, Amount	'	'	2
Line of Credit Facility, Remaining Borrowing Capacity	'	'	235
Lease for Research and Technology Facility [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Capital Lease Obligations	'	'	13.5
Lease for New Corporate Headquarters [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Capital Lease Obligations	'	'	25.6
Lease New Research and Technology Facility and Corporate Headquarters [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Capital Lease Obligations	'	'	$37.70
Minimum [Member] | Base Rate Loans [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	1.25%
Minimum [Member] | LIBOR Loans [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	2.25%
Minimum [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Capital Leases Contracts Term	'	'	'3 years
Maximum [Member] | Base Rate Loans [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	2.00%
Maximum [Member] | LIBOR Loans [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	3.00%
Maximum [Member]	'	'	'
Note 2 - Long-Term Debt and Capital Lease Obligations (Details) [Line Items]	'	'	'
Line of Credit Facility, Interest Rate at Period End	'	'	2.40%
Capital Leases Contracts Term	'	'	'4 years

Note_3_Intangible_Assets_Detai

Note 3 - Intangible Assets (Details) - Intangible Assets (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
	$148,814	$148,814
Less: accumulated amortization	-28,365	-25,776
Intangible assets, net	120,449	123,038
IPR&D Total [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'Indefinite	'
Intangible Assets	7,598	7,598
Trade Name - Total Equipment [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'Indefinite	'
Intangible Assets	6,247	6,247
Trade Names [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Intangible Assets	27,665	27,665
Customer Relationships [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Intangible Assets	100,593	100,593
Noncompete Backlog And Patent Total [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Intangible Assets	4,601	4,601
Developed Technology Rights [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'10 years	'
Intangible Assets	$2,110	$2,110
Minimum [Member] | Trade Names [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'10 years	'
Minimum [Member] | Customer Relationships [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'8 years	'
Minimum [Member] | Noncompete Backlog And Patent Total [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'11 years	'
Maximum [Member] | Trade Names [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'15 years	'
Maximum [Member] | Customer Relationships [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'15 years	'
Maximum [Member] | Noncompete Backlog And Patent Total [Member]	'	'
Note 3 - Intangible Assets (Details) - Intangible Assets [Line Items]	'	'
Amortization Period	'48 years	'

Note_4_StockBased_Compensation1

Note 4 - Stock-Based Compensation (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	0
Stock Options1 [Member] | Employee and Non Employee Directors [Member] | LTIP 2012 [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'3 years	'
Restricted Stock [Member] | Employee and Non Employee Directors [Member] | LTIP 2012 [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
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	800,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	1,700,000	'
Restricted Stock [Member] | Employees,Consultants and Non Employee Directors [Member] | LTIP 2012 [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	'	700,000
Restricted Stock [Member] | Minimum [Member] | Employee and Non Employee Directors [Member] | LTIP 2012 [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)	22.65	'
Restricted Stock [Member] | Minimum [Member] | Employees,Consultants and Non Employee Directors [Member] | LTIP 2012 [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)	'	22.81
Restricted Stock [Member] | Maximum [Member] | Employee and Non Employee Directors [Member] | LTIP 2012 [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)	24.74	'
Restricted Stock [Member] | Maximum [Member] | Employees,Consultants and Non Employee Directors [Member] | LTIP 2012 [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
LTIP 2012 [Member] | Employee and Non Employee Directors [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	5,100,000	'
LTIP 2012 [Member]	'	'
Note 4 - Stock-Based Compensation (Details) [Line Items]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	4,300,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	2,500,000	'

Note_6_Segment_Information_Det

Note 6 - Segment Information (Details)	3 Months Ended
	Mar. 31, 2014
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
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'
Adjusted EBITDA	$42,982	$57,303	'
Depreciation and amortization	21,870	16,556	'
Operating income (loss)	20,908	40,418	'
Capital expenditures	57,376	36,972	'
As of March 31, 2014	'	'	'
Total assets	1,221,001	1,035,766	1,132,300
Goodwill	205,596	196,512	205,798
Stimulation and Well Intervention Services [Member] | Revenue From External Customers [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	231,245	212,687	'
Stimulation and Well Intervention Services [Member] | Inter-segment Revenues [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	6	115	'
Stimulation and Well Intervention Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Adjusted EBITDA	33,604	54,382	'
Depreciation and amortization	13,909	10,507	'
Operating income (loss)	19,636	43,847	'
Capital expenditures	33,742	25,399	'
As of March 31, 2014	'	'	'
Total assets	690,121	593,873	'
Goodwill	69,423	60,339	'
Wireline Services [Member] | Revenue From External Customers [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	83,128	62,129	'
Wireline Services [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Adjusted EBITDA	24,806	17,650	'
Depreciation and amortization	7,778	5,832	'
Operating income (loss)	16,957	11,691	'
Capital expenditures	24,462	12,409	'
As of March 31, 2014	'	'	'
Total assets	422,191	386,347	'
Goodwill	131,455	131,455	'
Equipment Manufacturing [Member] | Revenue From External Customers [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	2,164	1,235	'
Equipment Manufacturing [Member] | Inter-segment Revenues [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	17,906	18,700	'
Equipment Manufacturing [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Adjusted EBITDA	3,496	1,874	'
Depreciation and amortization	443	402	'
Operating income (loss)	3,051	1,470	'
Capital expenditures	336	270	'
As of March 31, 2014	'	'	'
Total assets	88,472	81,081	'
Goodwill	4,718	4,718	'
Corporate and Other [Member] | Inter-segment Revenues [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	-17,912	-18,815	'
Corporate and Other [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Adjusted EBITDA	-18,924	-16,603	'
Depreciation and amortization	-260	-185	'
Operating income (loss)	-18,736	-16,590	'
Capital expenditures	-1,164	-1,106	'
As of March 31, 2014	'	'	'
Total assets	20,217	-25,535	'
Revenue From External Customers [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenues	$316,537	$276,051	'

Note_6_Segment_Information_Det2

Note 6 - Segment Information (Details) - EBITDA Reconciliation (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
EBITDA Reconciliation [Abstract]	'	'	'
Adjusted EBITDA	$42,982	$57,303	'
Interest expense, net	-1,749	-1,660	'
Provision for income taxes	-7,737	-13,680	'
Depreciation and amortization	-21,870	-16,556	'
Loss on disposal of assets	-38	-90	'
Transaction costs	'	-173	'
Net income	$11,588	$25,144	$66,405