Superior Energy Services 10-Q 3 Nov 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Oct. 01, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Current Fiscal Year End Date	--12-31
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Securities Act File Number	001-34037
Entity Registrant Name	SUPERIOR ENERGY SERVICES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-4613576
Entity Address, Address Line One	1001 Louisiana Street
Entity Address, Address Line Two	Suite 2900
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77002
City Area Code	713
Local Phone Number	654-2200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Bankruptcy Proceedings, Reporting Current	true
Entity Central Index Key	0000886835
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		19,998,695
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		152,030

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 357,769	$ 258,999
Accounts receivable, net	251,395	249,808
Income taxes receivable	6,046	6,665
Prepaid expenses	17,167	17,299
Inventory	87,010	65,587
Other current assets	7,185	6,276
Assets held for sale	753	11,978
Total current assets	727,325	616,612
Property, plant and equipment, net	291,144	282,376
Note receivable	72,611	69,679
Restricted cash	80,940	80,108
Deferred tax assets	68,187	97,492
Other assets, net	42,826	44,745
Total assets	1,283,033	1,191,012
Current liabilities:
Accounts payable	41,760	31,570
Accrued expenses	103,279	116,575
Income taxes payable	15,680	11,682
Decommissioning liability	25,334	9,770
Liabilities held for sale	292	3,349
Total current liabilities	186,345	172,946
Decommissioning liability	136,233	150,901
Other liabilities	45,231	84,281
Total liabilities	367,809	408,128
Stockholders’ equity (deficit):
Accumulated deficit	4,657	(125,699)
Total stockholders' equity	915,224	782,884
Total liabilities and stockholders' equity	1,283,033	1,191,012
Common Class A [Member]
Stockholders’ equity (deficit):
Common Stock $0.001 par value	200	200
Additional paid in capital	902,486	902,486
Common Class B [Member]
Stockholders’ equity (deficit):
Common Stock $0.001 par value	2	1
Additional paid in capital	$ 7,879	$ 5,896

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Common Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	19,999,000	19,999,000
Common stock, shares outstanding	19,999,000	19,999,000
Common Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	2,000,000	2,000,000
Common stock, shares issued	156,000	84,000
Common stock, shares outstanding	152,000	80,000

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues [Abstract]
Total revenues	$ 210,385	$ 222,287	$ 674,995	$ 644,857
Costs and expenses:
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	109,845	116,081	348,320	349,429
Depreciation, depletion, amortization and accretion	20,490	20,508	61,250	77,939
General and administrative expenses	30,089	31,841	92,256	94,090
Restructuring expense	0	1,223	1,983	4,441
Other gains, net	(4,073)	(13,397)	(5,424)	(30,263)
Income from operations	54,034	66,031	176,610	149,221
Other income (expense):
Interest income , net	6,629	3,373	18,581	6,011
Loss on blue chip swap securities	(12,120)	0	(12,120)	0
Other expense, net	(4,520)	(6,838)	(8,508)	(6,362)
Income from continuing operations before income taxes	44,023	62,566	174,563	148,870
Income tax expense	(11,403)	(14,058)	(44,615)	(32,813)
Net income from continuing operations	32,620	48,508	129,948	116,057
Income (loss) from discontinued operations, net of income tax	128	17	408	(188)
Net income	$ 32,748	$ 48,525	$ 130,356	$ 115,869
Income (loss) per share -basic
Net income from continuing operations	$ 1.62	$ 2.42	$ 6.46	$ 5.8
Income (loss) from discontinued operations, net of income tax	0.01	0	0.02	(0.01)
Net income (loss)	1.63	2.42	6.48	5.79
Income (loss) per share - diluted:
Net income from continuing operations	1.62	2.41	6.45	5.78
Income (loss) from discontinued operations, net of income tax	0	0.01	0.02	(0.01)
Net income	$ 1.62	$ 2.42	$ 6.47	$ 5.77
Weighted Average Number of Shares Outstanding, Basic	20,136	20,024	20,123	20,016
Weighted Average Number of Shares Outstanding, Diluted	20,159	20,090	20,144	20,074
Services [Member]
Revenues [Abstract]
Total revenues	$ 80,956	$ 99,763	$ 280,376	$ 291,268
Costs and expenses:
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	57,202	66,205	181,221	199,903
Depreciation, depletion, amortization and accretion	6,684	8,266	21,683	30,224
Rentals [Member]
Revenues [Abstract]
Total revenues	89,348	80,173	260,319	224,328
Costs and expenses:
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	29,580	25,816	88,942	74,664
Depreciation, depletion, amortization and accretion	7,272	6,749	20,131	23,278
Product Sales [Member]
Revenues [Abstract]
Total revenues	40,081	42,351	134,300	129,261
Costs and expenses:
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	23,063	24,060	78,157	74,862
Depreciation, depletion, amortization and accretion	$ 6,534	$ 5,493	$ 19,436	$ 24,437

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 32,748	$ 67,395	$ 30,213	$ 48,525	$ 130,356	$ 115,869	$ 286,465

Condensed Consolidated Statemen

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class B [Member]	Additional Paid-in Capital [Member] Common Class A [Member]	Additional Paid-in Capital [Member] Common Class B [Member]	Accumulated Deficit [Member]
Beginning balance, value at Dec. 31, 2021	$ 741,733	$ 200	$ 1	$ 902,486	$ 1,224	$ (162,178)
Beginning balance, shares at Dec. 31, 2021		19,999	76
Net income	286,465					286,465
Cash dividends	(249,986)					(249,986)
Stock-based compensation expense, net	4,807				4,807
Restricted stock units vested, Shares			10
Shares withheld and retired, value	(135)				(135)
Shares withheld and retired, shares			(2)
Shares placed in treasury, shares			(4)
Ending balance, value at Dec. 31, 2022	782,884	$ 200	$ 1	902,486	5,896	(125,699)
Ending balance, shares at Dec. 31, 2022		19,999	80
Net income	30,213					30,213
Stock-based compensation expense, net	1,052				1,052
Restricted stock units vested, Shares			91
Restricted stock units vested, Value			$ 1		(1)
Shares withheld and retired, value	(1,116)				(1,116)
Shares withheld and retired, shares			(19)
Ending balance, value at Mar. 31, 2023	813,033	$ 200	$ 2	902,486	5,831	(95,486)
Ending balance, shares at Mar. 31, 2023		19,999	152
Beginning balance, value at Dec. 31, 2022	782,884	$ 200	$ 1	902,486	5,896	(125,699)
Beginning balance, shares at Dec. 31, 2022		19,999	80
Net income	130,356
Ending balance, value at Sep. 30, 2023	915,224	$ 200	$ 2	902,486	7,879	4,657
Ending balance, shares at Sep. 30, 2023		19,999	152
Beginning balance, value at Mar. 31, 2023	813,033	$ 200	$ 2	902,486	5,831	(95,486)
Beginning balance, shares at Mar. 31, 2023		19,999	152
Net income	67,395					67,395
Stock-based compensation expense, net	1,024				1,024
Ending balance, value at Jun. 30, 2023	881,452	$ 200	$ 2	902,486	6,855	(28,091)
Ending balance, shares at Jun. 30, 2023		19,999	152
Net income	32,748					32,748
Stock-based compensation expense, net	1,024				1,024
Ending balance, value at Sep. 30, 2023	$ 915,224	$ 200	$ 2	$ 902,486	$ 7,879	$ 4,657
Ending balance, shares at Sep. 30, 2023		19,999	152

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) (Unaudited)	Dec. 31, 2022 $ / shares
Statement of Stockholders' Equity [Abstract]
Cash dividends ($12.45 per share)	$ 12.45

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net income	$ 130,356	$ 115,869
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation, depletion, amortization and accretion	61,250	77,939
Deferred income taxes	29,589	7,254
Stock based compensation expense	3,100	3,519
Bad debt	(423)	(106)
Gain on sale of equity securities	0	(3,611)
Unrealized gain on investment in equity securities	0	(908)
Other gains, net	(6,359)	(37,148)
Loss on Blue Chip Swap securities	12,120	0
Washington State Tax Settlement	(27,068)	0
Decommissioning costs	(6,279)	0
Other reconciling items, net	(2,550)	2,835
Changes in operating assets and liabilities:
Accounts receivable	(3,399)	(37,072)
Prepaid expenses	(511)	(279)
Inventory and other current assets	(23,978)	(8,641)
Accounts payable	9,470	(3,296)
Accrued expenses	(18,856)	(3,726)
Income taxes	5,274	7,200
Other, net	(6,390)	2,196
Net cash from operating activities	155,346	122,025
Cash flows from investing activities:
Payments for capital expenditures	(67,218)	(42,901)
Proceeds from sales of assets	24,710	46,414
Proceeds from sales of equity securities	0	13,366
Proceeds from sales of blue chip swap securities	9,656	0
Purchases of Blue Chip Swap securities	(21,776)	0
Net cash from investing activities	(54,628)	16,879
Cash flows from financing activities:
Tax withholdings for vested restricted stock units	(1,116)	0
Net cash from financing activities	(1,116)	0
Net change in cash, cash equivalents, and restricted cash	99,602	138,904
Cash, cash equivalents, and restricted cash at beginning of period	339,107	394,535
Cash, cash equivalents, and restricted cash at end of period	$ 438,709	$ 533,439

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2023
Disclosure Text Block [Abstract]
Basis of Presentation	(1) Basis of Presentation Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”); however, management believes the disclosures are adequate such that the information presented is not misleading. As used herein, the “Company,” “we,” “us” and similar terms refer to Superior Energy Services, Inc. and its consolidated subsidiaries, unless otherwise specifically stated. These financial statements and notes should be read in conjunction with the consolidated financial statements and notes included in our Form 10-K. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting primarily of normal recurring adjustments, necessary for a fair statement of our financial position as of September 30, 2023, our results of operations for the three and nine months ended September 30, 2023 and 2022, and our cash flows for the nine months ended September 30, 2023 and 2022. The balance sheet as of December 31, 2022, was derived from our audited annual financial statements. Current Expected Credit Losses On January 1, 2023, we adopted Financial Accounting Standards Board (FASB) ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Statements , which replaces the incurred loss impairment methodology from previous U.S. GAAP with the Current Expected Credit losses model ("CECL"). The CECL model contemplates a broader range of information to estimate expected credit losses over the contractual lifetime of an asset. It also requires consideration on the risk of loss even if it is remote. We estimate expected credit losses through an assessment of our portfolio on a collective (pool) basis with the primary factor based on the aging of our customer accounts. Additionally, we review historical collection experience and the financial condition of our customers when assessing the CECL allowance.

Revenue and Accounts Receivable

Revenue and Accounts Receivable	9 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue and Accounts Receivable	(2) Revenue and Accounts Receivable Disaggregation of Revenue The following table presents our revenues by segment disaggregated by geography: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 U.S. land Rentals $ 37,478 $ 39,673 $ 127,341 $ 117,426 Well Services 8,223 9,808 20,384 18,507 Total U.S. land 45,701 49,481 147,725 135,933 U.S. offshore Rentals 44,681 37,829 117,867 106,913 Well Services 14,459 23,609 54,185 84,499 Total U.S. offshore 59,140 61,438 172,052 191,412 International Rentals 31,042 27,055 89,225 72,703 Well Services 74,502 84,313 265,993 244,809 Total International 105,544 111,368 355,218 317,512 Total Revenues $ 210,385 $ 222,287 $ 674,995 $ 644,857 The following table presents our revenues by segment disaggregated by type: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Services Rentals $ 17,073 $ 15,301 $ 52,093 $ 39,113 Well Services 63,883 84,462 228,283 252,155 Total Services 80,956 99,763 280,376 291,268 Rentals Rentals 84,682 77,561 248,404 216,371 Well Services 4,666 2,612 11,915 7,957 Total Rentals 89,348 80,173 260,319 224,328 Product Sales Rentals 11,446 11,695 33,936 41,558 Well Services 28,635 30,656 100,364 87,703 Total Product Sales 40,081 42,351 134,300 129,261 Total Revenues $ 210,385 $ 222,287 $ 674,995 $ 644,857 Accounts Receivable Trade accounts receivable are recorded at the invoiced amount or the earned but not yet invoiced amount and do not bear interest. We maintain an allowance for credit losses based on our best estimate of probable uncollectible amounts in existing accounts receivable. Adjustments to the allowance for credit losses in future periods may be made based on changing customer conditions. Our allowance for credit losses as of September 30, 2023 and December 31, 2022 was approximately $ 6.8 million and $ 6.1 million , respectively.

Inventory

Inventory	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventory	(3) Inventory Inventories are stated at the lower of cost or net realizable value. We apply net realizable value and obsolescence to the gross value of inventory. Cost is determined using the first-in, first-out or weighted-average cost methods for finished goods and work-in-process. Supplies and consumables consist principally of products used in the services provided to our customers. The components of inventory balances are as follows: September 30, 2023 December 31, 2022 Finished goods $ 48,765 $ 36,136 Raw materials 8,685 8,351 Work-in-process 13,061 4,718 Supplies and consumables 16,499 16,382 Total $ 87,010 $ 65,587 Finished goods inventory includes component parts awaiting assembly of approximately $ 25.3 million and $ 20.7 million as of September 30, 2023 and December 31, 2022 , respectively.

Decommissioning Liabilities

Decommissioning Liabilities	9 Months Ended
	Sep. 30, 2023
Asset Retirement Obligation Disclosure [Abstract]
Decommissioning Liability	(4) Decommissioning Liability We account for our decommissioning liability under ASC 410 – Asset Retirement Obligations . Our decommissioning liability is associated with our oil and gas property and includes costs related to the plugging of wells, decommissioning of the related platform and equipment and site restoration. We review the adequacy of our decommissioning liability whenever indicators suggest that the estimated cash flows and/or relating timing needed to satisfy the liability have changed materially. The following table summarizes our net decommissioning liability: September 30, 2023 December 31, 2022 Wells $ 94,245 $ 96,171 Platform 67,322 64,500 Total decommissioning liability 161,567 160,671 Note receivable ( 72,611 ) ( 69,679 ) Total decommissioning liability, net of note receivable $ 88,956 $ 90,992 Accretion expense for the three and nine months ended September 30, 2023 was $ 2.6 million and $ 7.4 million , respectively, and $ 2.0 million and $ 7.4 million for the three and nine months ended September 30, 2022, respectively. Additionally, during the nine months ended September 30, 2023, we incurred well decommissioning costs of $ 6.5 million .

Note Receivable

Note Receivable	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Note Receivable	(5) Note Receivable Our note receivable consists of a commitment from the seller of our oil and gas property for costs associated with abandonment. Pursuant to an agreement with the seller, we will invoice the seller an agreed upon amount at the completion of certain decommissioning activities. The gross amount of the seller's obligation to us is $ 105.2 million and is recorded at its present value, which totaled $ 72.6 million as of September 30, 2023. The discount on the note receivable is currently based on an effective interest rate of 5.6 % and is amortized to interest income over the expected timing of the completion of the decommissioning activities, which are expected to be completed during the second quarter of 2031. Interest receivable is considered paid in kind and is compounded into the carrying amount of the note. Non-cash interest income related to the note receivable for the three and nine months ended September 30, 2023 was $ 1.0 million and $ 2.9 million , respectively. Non-cash interest income related to the note receivable for the three and nine months ended September 30, 2022 was $ 0.9 million and $ 2.9 million , respectively. Interest income is included in other reconciling items, net in the Condensed Consolidated Statements of Cash Flows.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	9 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	(6) Property, Plant and Equipment, Net A summary of property, plant and equipment, net is as follows: September 30, 2023 December 31, 2022 Machinery and equipment $ 418,914 $ 378,907 Buildings, improvements and leasehold improvements 69,742 70,816 Automobiles, trucks, tractors and trailers 7,242 6,376 Furniture and fixtures 19,455 19,373 Construction-in-progress 14,248 5,185 Land 25,210 26,695 Oil and gas producing assets 13,260 11,714 Total 568,071 519,066 Accumulated depreciation and depletion ( 276,927 ) ( 236,690 ) Property, plant and equipment, net $ 291,144 $ 282,376 A summary of depreciation and depletion expense associated with our property, plant and equipment is as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Depreciation $ 17,021 $ 18,226 $ 51,494 $ 66,208 Depletion 592 5 1,668 3,596 Total depreciation and depletion $ 17,613 $ 18,231 $ 53,162 $ 69,804

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	(7) Debt We have a Credit Agreement providing for a $ 120.0 million asset-based secured revolving Credit Facility, all of which is available for the issuance of letters of credit (the “Credit Facility”) which matures in December 2024. The issuance of letters of credit reduces availability under the Credit Facility on a dollar-for-dollar basis. As of September 30, 2023, our borrowing base, as defined in the Credit Agreement, was approximately $ 120.0 million , and we had $ 34.7 million of letters of credit outstanding that reduced the borrowing availability. We had no outstanding borrowings under the Credit Facility as of September 30, 2023. We were in compliance with all required covenants as of September 30, 2023 .

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	(8) Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date. Inputs used in determining fair value are characterized according to a hierarchy that prioritizes those inputs based on the degree to which they are observable. The three input levels of the fair value hierarchy are as follows: Level 1 : Unadjusted quoted prices in active markets for identical assets and liabilities. Level 2 : Observable inputs other than those included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical assets or liabilities in inactive markets; or model-derived valuations or other inputs that can be corroborated by observable market data. Level 3 : Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. The following table provides a summary of the financial assets and liabilities measured at fair value on a recurring basis: September 30, 2023 December 31, 2022 Non-qualified deferred compensation assets and liabilities Other long-term assets, net $ 16,549 $ 16,299 Accrued expenses 1,715 1,831 Other long-term liabilities 14,835 15,855 Our non-qualified deferred compensation plans investments are reported at fair value based on unadjusted quoted prices in active markets for identifiable assets and observable inputs for similar assets and liabilities, which represent a Level 2 in the fair value hierarchy. The carrying amount of cash equivalents, accounts receivable, accounts payable and accrued expenses, as reflected in the consolidated balance sheets, approximates fair value due to the short maturities.

Other Expense,Net

Other Expense,Net	9 Months Ended
	Sep. 30, 2023
Other Income and Expenses [Abstract]
Other Expense, Net	(9) Other Expense, Net A summary of other expense, net is as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Foreign currency losses ( 4,601 ) ( 7,012 ) ( 8,157 ) ( 11,905 ) Investment income (loss), net 81 ( 192 ) ( 363 ) 1,023 Realized gain, net - - - 3,611 Unrealized gain, net - 363 - 908 Other, net - 3 12 1 Other expense, net ( 4,520 ) ( 6,838 ) ( 8,508 ) ( 6,362 ) Gains and losses on foreign currencies are primarily related to our operations in Argentina. During the nine months ended September 30, 2022 , we disposed of $ 1.7 million shares pertaining to our ownership of Select Water Solutions, Inc. (formerly known as "Select Energy Services, Inc." or "Select") for $ 13.4 million . All investments in equity securities were disposed of prior to December 31, 2022 .

Blue Chip Swap Securities

Blue Chip Swap Securities	9 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Blue Chip Swap Securities	(10) Blue Chip Swap Securities The functional currency for our Argentine operations is the U.S. dollar and we use Argentina’s official exchange rate to remeasure our Argentine peso-denominated net monetary assets into U.S. dollars at each balance sheet date. The Central Bank of Argentina has maintained certain currency controls that limited our ability to access U.S. dollars in Argentina and to remit cash from our Argentine operations. During the third quarter of 2023, we utilized an indirect foreign exchange mechanism known as a Blue Chip Swap (“BCS”) to remit $ 9.7 million U.S. dollars from Argentina through the purchase and sale of BCS securities. The transactions were completed at implied exchange rates (“BCS rate”) that were approximately 123.2 % higher than the official exchange rate resulting in a loss of $ 12.1 million during the third quarter of 2023. We continue to use the official exchange rate for remeasurement of our Argentine peso-denominated net monetary assets under U.S. GAAP as the BCS rate does not meet the criteria for remeasurement under U.S. GAAP.

Other (Gains) and Losses

Other (Gains) and Losses	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Other (Gains) and Losses	(11) Other (Gains) and Losses Other (gains) and losses, net include gains and losses on the disposal of assets as well as impairments, if any, related to long-lived assets. During the three and nine months ended September 30, 2023, we recognized net gains of $ 4.1 million and $ 5.4 million , respectively, which includes the sale of certain non-core business and related assets in our Well Services segment. Proceeds from these sales totaled $ 8.8 million and $ 12.6 million, respectively, for three and nine months ended September 30, 2023. During the three and nine months ended September 30, 2022, we recognized net gains of $ 13.4 million and $ 12.9 million, respectively, from the disposal of non-core business and assets within our Well Services segment. Proceeds from these sales totaled $ 26.3 million and $ 27.6 million, respectively, for three and nine months ended September 30, 2022. Additionally, during the nine months ended September 30, 2022, we recognized a gain of $ 17.4 million from revisions in estimates related to our decommissioning liability, which occurred during the second quarter of 2022.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Information	(12) Segment Information Our reportable segments are Rentals and Well Services. The products and service offerings of Rentals are comprised of value-added engineering and design services, rental of premium drill strings, tubing, landing strings, completion tubulars and handling accessories, manufacturing and rental of bottom hole assemblies, and rentals of accommodation units. The products and service offerings of Well Services are comprised of risk management, well control and training solutions, hydraulic workover and snubbing services, engineering and manufacturing of premium sand control tools, and onshore international production services. The Well Services segment also includes the operations of our offshore oil and gas property. We evaluate the performance of our reportable segments based on income or loss from operations. The segment measure is calculated as segment revenues less segment operating expenses, including general and administrative expenses, depreciation, depletion, amortization and accretion expense and other (gains) and losses, net. We use this segment measure to evaluate our reportable segments as it is the measure that is most consistent with how we organize and manage our business operations. Corporate and other costs primarily include expenses related to support functions, including salaries and benefits for corporate employees. Summarized financial information for our segments is as follows: For the Three Months Ended September 30, 2023 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 113,201 $ 97,184 $ - $ 210,385 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 37,769 72,076 - 109,845 Depreciation, depletion, amortization and accretion 12,538 7,277 675 20,490 General and administrative expenses 6,767 11,197 12,125 30,089 Restructuring expenses - - - - Other gains, net ( 126 ) ( 3,947 ) - ( 4,073 ) Income (loss) from operations $ 56,253 $ 10,581 $ ( 12,800 ) $ 54,034 For the Three Months Ended September 30, 2022 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 104,557 $ 117,730 $ - $ 222,287 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 33,638 82,443 - 116,081 Depreciation, depletion, amortization and accretion 12,554 6,900 1,054 20,508 General and administrative expenses 7,020 10,220 14,601 31,841 Restructuring expenses - - 1,223 1,223 Other gains, net ( 4,946 ) ( 8,082 ) ( 369 ) ( 13,397 ) Income (loss) from operations $ 56,291 $ 26,249 $ ( 16,509 ) $ 66,031 For the Nine Months Ended September 30, 2023 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 334,433 $ 340,562 $ - $ 674,995 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 109,258 239,062 - 348,320 Depreciation, depletion, amortization and accretion 37,259 21,558 2,433 61,250 General and administrative expenses 20,962 34,087 37,207 92,256 Restructuring expenses - - 1,983 1,983 Other gains, net ( 419 ) ( 5,005 ) - ( 5,424 ) Income (loss) from operations $ 167,373 $ 50,860 $ ( 41,623 ) $ 176,610 For the Nine Months Ended September 30, 2022 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 297,042 $ 347,815 $ - $ 644,857 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 101,250 248,179 - 349,429 Depreciation, depletion, amortization and accretion 46,099 28,290 3,550 77,939 General and administrative expenses 20,944 32,823 40,323 94,090 Restructuring expenses - - 4,441 4,441 Other gains, net ( 4,886 ) ( 25,008 ) ( 369 ) ( 30,263 ) Income (loss) from operations $ 133,635 $ 63,531 $ ( 47,945 ) $ 149,221 Identifiable Assets Well Corporate Consolidated Rentals Services and Other Total September 30, 2023 $ 529,850 $ 572,496 $ 180,687 $ 1,283,033 December 31, 2022 432,437 533,327 225,248 1,191,012

Stock-Based Compensation Plans

Stock-Based Compensation Plans	9 Months Ended
	Sep. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation Plans	(13) Stock-Based Compensation Plans We have a Management Incentive Plan (“MIP”), which provides the issuance of up to 1,999,869 shares of our Class B common stock, par value $ 0.01 per share (the “Class B Common Stock”) for the grant of share-based and cash-based awards. To date, grants under the MIP have been in the form of shares of Class B common stock (“RSAs”), restricted stock units which will be settled in Class B common stock upon the satisfaction of time-based vesting conditions (“RSUs”) and performance stock units which will be settled in Class B common stock upon the satisfaction of time and performance-based vesting conditions (“PSUs”). The RSAs vest over a period of three years, subject to earlier vesting and forfeiture on terms and conditions set forth in the applicable award agreement. RSUs granted in 2022 generally vest in three equal annual installments over the three-year period, subject generally to continued employment and the other terms and conditions set forth in the forms of the RSU award agreements. RSUs granted in 2021 vested in full during the current quarter. PSUs may be earned between 25 % and 100 % of the target award based on achievement of share price goals set forth in the forms of the PSU award agreements and will vest to the extent that share price goals are achieved based on the terms and conditions set forth in the forms of the PSU award agreements. The following sets forth issuances under the MIP for the nine months ended September 30, 2023 and 2022 : Grants of Share-Based Awards July/ June August March July 2021 2021 2022 2022 Total Unvested awards outstanding, December 31, 2022 29,976 37,947 72,050 88,215 228,188 Vested ( 14,988 ) ( 37,947 ) ( 24,017 ) ( 29,405 ) ( 106,357 ) Unvested awards outstanding, September 30, 2023 14,988 - 48,033 58,810 121,831 Estimated grant date fair value $ 39.53 $ 39.53 $ 58.80 $ 58.80 Unamortized grant date fair value, December 31, 2022 (in millions) $ 0.9 $ - $ 3.1 $ 4.2 $ 8.2 Unamortized grant date fair value, September 30, 2023 (in millions) $ 0.4 $ - $ 2.0 $ 2.7 $ 5.1 Grants of Share-Based Awards July/ June August March July 2021 2021 2022 2022 Total Unvested awards outstanding, December 31, 2021 76,269 50,596 - - 126,865 Granted - - 72,050 88,215 160,265 Vested ( 25,423 ) - - - ( 25,423 ) Unvested awards outstanding, September 30, 2022 50,846 50,596 72,050 88,215 261,707 Estimated grant date fair value $ 39.53 $ 39.53 $ 58.80 $ 58.80 Unamortized grant date fair value, December 31, 2021 (in millions) $ 2.4 $ 1.4 $ - $ - $ 3.8 Unamortized grant date fair value, September 30, 2022 (in millions) $ 1.0 $ 0.3 $ 3.5 $ 4.7 $ 9.5 Compensation expense associated with RSA and RSU grants are as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Compensation Expense $ 1,024 $ 1,976 $ 3,099 $ 3,519 We have not concluded that it is probable that the performance condition will be achieved and therefore are not currently amortizing our PSUs.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	(14) Income Taxes The effective tax rate for the three and nine months ended September 30, 2023 was 25.9 % and 25.6 %, respectively, on income from continuing operations. The effective tax rate for both periods is different from the U.S. federal statutory rate of 21.0 %, primarily from non-deductible items including the BCS and foreign tax rates that differ from the U.S. federal statutory rate. The effective tax rate for the nine months ended September 30, 2023 was unfavorably impacted by the identification of an error in the tax provision for the year ended December 31, 2022 pertaining to certain net operating loss carryforwards that should have been eliminated as part of a worthless stock deduction taken in the fourth quarter of 2022. As such, we recognized an additional income tax expense of $ 7.6 million during the three months ended March 31, 2023 with a corresponding decrease to deferred tax assets to correct this immaterial misstatement. Management has determined that this misstatement was not material to any of its previously issued financial statements. Additionally, the effective tax rate for the nine months ended September 30, 2023 was favorably impacted by approximately $ 14.9 million in income tax benefits recorded during the three months ended June 30, 2023 from reversals of uncertain tax positions in foreign jurisdictions and adjustments to valuation allowances on foreign operations. The effective tax rate for the three and nine months ended September 30, 2022 was an expense of 22.5 % and 22.0 %, respectively, on income from continuing operations. The effective tax rate is different from the U.S. federal statutory rate of 21.0 % primarily from non-deductible items, foreign tax rates that differ from the U.S. federal statutory rate, the release of valuation allowance based on current period income in certain jurisdictions and foreign losses for which no tax benefit was recorded. We have approximately $ 72.7 million in forecasted gross US foreign tax credit deferred tax assets with a valuation allowance of $ 44.3 million against them as of September 30, 2023. We continue to evaluate the realizability of our U.S. foreign tax credit carryforwards and may have additional valuation allowance releases in future periods if we achieve positive cumulative income results of appropriate character and timing that provide sufficient positive evidence to do so. We had $ 4.1 million and $ 14.0 million of unrecognized tax benefits as of September 30, 2023 and December 31, 2022, respectively, all of which would impact our effective tax rate if recognized. It is reasonably possible $ 0.9 million of unrecognized tax benefits could be settled in the next twelve months due to the conclusion of tax audits or statute of limitations expirations. It is our policy to recognize interest and applicable penalties, if any, related to uncertain tax positions in income tax expense.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	(15) Earnings per Share Our common equity consists of Class A Common Stock and Class B Common Stock (the “Common Stock”). Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of shares of Common Stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of Common Stock outstanding during the period plus any potentially dilutive Common Stock, such as restricted stock awards, restricted stock units, and performance-based units calculated using the treasury stock method. The following table presents the reconciliation between the weighted average number of shares for basic and diluted earnings per share. For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Weighted-average shares outstanding - basic 20,136 20,024 20,123 20,016 Potentially dilutive stock awards and units 23 66 21 58 Weighted-average shares outstanding - diluted 20,159 20,090 20,144 20,074

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingencies	(16) Contingencies Due to the nature of our business, we are involved, from time to time, in various routine litigation or subject to disputes or claims or actions, including those commercial in nature, regarding our business activities in the ordinary course of business. Legal costs related to these matters are expensed as incurred. Management is of the opinion that none of the claims and actions will have a material adverse impact on our financial position, results of operations or cash flows. As previously reported in the Form 10-K and Form 10-Q for the quarter ended March 31, 2023, we are currently involved in legal proceedings with the Washington State Department of Revenue in relation to a dispute arising in April 2019 pertaining to a use tax assessment from 2016 as a result of the construction of a vessel by one of our subsidiaries. The matter was appealed to the Washington State Board of Tax Appeals, which affirmed the assessment on May 22, 2023. On June 20, 2023 , we appealed this decision to Whatcom County Superior Court where it is currently pending review. In order to appeal the assessment to Whatcom County Superior Court, we paid the full $ 27.1 million assessment on May 31, 2023.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	(17) Discontinued Operations The following table summarizes the components of discontinued operations, net of tax: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 General and administrative expenses $ 30 $ 289 $ 419 $ 5,742 Other gains, net ( 187 ) ( 303 ) ( 935 ) ( 5,496 ) Income (loss) from discontinued operations before tax 157 14 516 ( 246 ) Income tax benefit (expense) ( 29 ) 3 ( 108 ) 58 Income (loss) from discontinued operations, net of income tax $ 128 $ 17 $ 408 $ ( 188 ) The following summarizes the assets and liabilities related to discontinued operations: September 30, 2023 December 31, 2022 Assets: Accounts receivable, net $ - $ 350 Property, plant and equipment, net 753 11,468 Other assets - 160 Total assets held for sale $ 753 $ 11,978 Liabilities: Accounts payable $ - $ 86 Accrued expenses 292 3,192 Other liabilities - 71 Total liabilities held for sale $ 292 $ 3,349 Significant operating non-cash items and cash flows from investing activities for our discontinued operations were as follows: For the Nine Months Ended September 30, 2023 2022 Cash flows from discontinued operating activities: Other gains, net $ ( 935 ) $ ( 5,496 ) Cash flows from discontinued investing activities: Proceeds from sales of assets $ 12,073 $ 18,782

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2023
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	(18) Supplemental Cash Flow Information The table below is a reconciliation of cash, cash equivalents and restricted cash for the beginning and the end of the periods presented: September 30, 2023 2022 Cash and cash equivalents $ 258,999 $ 314,974 Restricted cash-non-current 80,108 79,561 Cash, cash equivalents, and restricted cash, beginning of period $ 339,107 $ 394,535 Cash and cash equivalents $ 357,769 $ 453,682 Restricted cash-non-current 80,940 79,757 Cash, cash equivalents, and restricted cash, end of period $ 438,709 $ 533,439

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2023
Disclosure Text Block [Abstract]
New Accounting Pronouncements	(19) New Accounting Pronouncements Recently Issued Accounting Standards On January 1, 2023, we adopted Financial Accounting Standards Board (FASB) ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Statements . The CECL model utilizes a lifetime expected credit loss measurement objective for the recognition of credit losses on financial instruments at the time the asset is originated or acquired. We estimate, and revise when necessary, expected credit losses for financial assets held at the reporting date primarily based on the utilization of an aging schedule. Additional factors include historical experience and the financial condition of our customers. This updated guidance applies to our receivables, including trade and note receivables, and other financial assets measured at amortized cost. The adoption of this standard update did not have a material impact on our Condensed Consolidated Financial Statements.

Basis of Presentation (Policy)

Basis of Presentation (Policy)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Current Expected Credit Losses	Current Expected Credit Losses On January 1, 2023, we adopted Financial Accounting Standards Board (FASB) ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Statements , which replaces the incurred loss impairment methodology from previous U.S. GAAP with the Current Expected Credit losses model ("CECL"). The CECL model contemplates a broader range of information to estimate expected credit losses over the contractual lifetime of an asset. It also requires consideration on the risk of loss even if it is remote. We estimate expected credit losses through an assessment of our portfolio on a collective (pool) basis with the primary factor based on the aging of our customer accounts. Additionally, we review historical collection experience and the financial condition of our customers when assessing the CECL allowance.

Revenue and Accounts Receivab_2

Revenue and Accounts Receivable (Tables)	9 Months Ended
	Sep. 30, 2023
Revenue by Geography [Member]
Disaggregation of Revenue [Line Items]
Disaggregation Of Revenues	The following table presents our revenues by segment disaggregated by geography: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 U.S. land Rentals $ 37,478 $ 39,673 $ 127,341 $ 117,426 Well Services 8,223 9,808 20,384 18,507 Total U.S. land 45,701 49,481 147,725 135,933 U.S. offshore Rentals 44,681 37,829 117,867 106,913 Well Services 14,459 23,609 54,185 84,499 Total U.S. offshore 59,140 61,438 172,052 191,412 International Rentals 31,042 27,055 89,225 72,703 Well Services 74,502 84,313 265,993 244,809 Total International 105,544 111,368 355,218 317,512 Total Revenues $ 210,385 $ 222,287 $ 674,995 $ 644,857
Revenue by Type [Member]
Disaggregation of Revenue [Line Items]
Disaggregation Of Revenues	The following table presents our revenues by segment disaggregated by type: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Services Rentals $ 17,073 $ 15,301 $ 52,093 $ 39,113 Well Services 63,883 84,462 228,283 252,155 Total Services 80,956 99,763 280,376 291,268 Rentals Rentals 84,682 77,561 248,404 216,371 Well Services 4,666 2,612 11,915 7,957 Total Rentals 89,348 80,173 260,319 224,328 Product Sales Rentals 11,446 11,695 33,936 41,558 Well Services 28,635 30,656 100,364 87,703 Total Product Sales 40,081 42,351 134,300 129,261 Total Revenues $ 210,385 $ 222,287 $ 674,995 $ 644,857

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Components of Inventory	The components of inventory balances are as follows: September 30, 2023 December 31, 2022 Finished goods $ 48,765 $ 36,136 Raw materials 8,685 8,351 Work-in-process 13,061 4,718 Supplies and consumables 16,499 16,382 Total $ 87,010 $ 65,587

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	9 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Summary Of Property, Plant And Equipment	A summary of property, plant and equipment, net is as follows: September 30, 2023 December 31, 2022 Machinery and equipment $ 418,914 $ 378,907 Buildings, improvements and leasehold improvements 69,742 70,816 Automobiles, trucks, tractors and trailers 7,242 6,376 Furniture and fixtures 19,455 19,373 Construction-in-progress 14,248 5,185 Land 25,210 26,695 Oil and gas producing assets 13,260 11,714 Total 568,071 519,066 Accumulated depreciation and depletion ( 276,927 ) ( 236,690 ) Property, plant and equipment, net $ 291,144 $ 282,376
Summary of depreciation and depletion expense	A summary of depreciation and depletion expense associated with our property, plant and equipment is as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Depreciation $ 17,021 $ 18,226 $ 51,494 $ 66,208 Depletion 592 5 1,668 3,596 Total depreciation and depletion $ 17,613 $ 18,231 $ 53,162 $ 69,804

Decommissioning Liability (Tabl

Decommissioning Liability (Tables)	9 Months Ended
	Sep. 30, 2023
Asset Retirement Obligation Disclosure [Abstract]
Schedule of decommissioning liability	The following table summarizes our net decommissioning liability: September 30, 2023 December 31, 2022 Wells $ 94,245 $ 96,171 Platform 67,322 64,500 Total decommissioning liability 161,567 160,671 Note receivable ( 72,611 ) ( 69,679 ) Total decommissioning liability, net of note receivable $ 88,956 $ 90,992

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Issuances Under Management Incentive Plan	The following sets forth issuances under the MIP for the nine months ended September 30, 2023 and 2022 : Grants of Share-Based Awards July/ June August March July 2021 2021 2022 2022 Total Unvested awards outstanding, December 31, 2022 29,976 37,947 72,050 88,215 228,188 Vested ( 14,988 ) ( 37,947 ) ( 24,017 ) ( 29,405 ) ( 106,357 ) Unvested awards outstanding, September 30, 2023 14,988 - 48,033 58,810 121,831 Estimated grant date fair value $ 39.53 $ 39.53 $ 58.80 $ 58.80 Unamortized grant date fair value, December 31, 2022 (in millions) $ 0.9 $ - $ 3.1 $ 4.2 $ 8.2 Unamortized grant date fair value, September 30, 2023 (in millions) $ 0.4 $ - $ 2.0 $ 2.7 $ 5.1 Grants of Share-Based Awards July/ June August March July 2021 2021 2022 2022 Total Unvested awards outstanding, December 31, 2021 76,269 50,596 - - 126,865 Granted - - 72,050 88,215 160,265 Vested ( 25,423 ) - - - ( 25,423 ) Unvested awards outstanding, September 30, 2022 50,846 50,596 72,050 88,215 261,707 Estimated grant date fair value $ 39.53 $ 39.53 $ 58.80 $ 58.80 Unamortized grant date fair value, December 31, 2021 (in millions) $ 2.4 $ 1.4 $ - $ - $ 3.8 Unamortized grant date fair value, September 30, 2022 (in millions) $ 1.0 $ 0.3 $ 3.5 $ 4.7 $ 9.5
Compensation expense associated with RSA and RSU grants	Compensation expense associated with RSA and RSU grants are as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Compensation Expense $ 1,024 $ 1,976 $ 3,099 $ 3,519

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule Of Segment Reporting Information	Summarized financial information for our segments is as follows: For the Three Months Ended September 30, 2023 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 113,201 $ 97,184 $ - $ 210,385 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 37,769 72,076 - 109,845 Depreciation, depletion, amortization and accretion 12,538 7,277 675 20,490 General and administrative expenses 6,767 11,197 12,125 30,089 Restructuring expenses - - - - Other gains, net ( 126 ) ( 3,947 ) - ( 4,073 ) Income (loss) from operations $ 56,253 $ 10,581 $ ( 12,800 ) $ 54,034 For the Three Months Ended September 30, 2022 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 104,557 $ 117,730 $ - $ 222,287 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 33,638 82,443 - 116,081 Depreciation, depletion, amortization and accretion 12,554 6,900 1,054 20,508 General and administrative expenses 7,020 10,220 14,601 31,841 Restructuring expenses - - 1,223 1,223 Other gains, net ( 4,946 ) ( 8,082 ) ( 369 ) ( 13,397 ) Income (loss) from operations $ 56,291 $ 26,249 $ ( 16,509 ) $ 66,031 For the Nine Months Ended September 30, 2023 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 334,433 $ 340,562 $ - $ 674,995 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 109,258 239,062 - 348,320 Depreciation, depletion, amortization and accretion 37,259 21,558 2,433 61,250 General and administrative expenses 20,962 34,087 37,207 92,256 Restructuring expenses - - 1,983 1,983 Other gains, net ( 419 ) ( 5,005 ) - ( 5,424 ) Income (loss) from operations $ 167,373 $ 50,860 $ ( 41,623 ) $ 176,610 For the Nine Months Ended September 30, 2022 Well Corporate and Consolidated Rentals Services Other Total Revenues $ 297,042 $ 347,815 $ - $ 644,857 Cost of revenues (exclusive of depreciation, depletion, amortization and accretion) 101,250 248,179 - 349,429 Depreciation, depletion, amortization and accretion 46,099 28,290 3,550 77,939 General and administrative expenses 20,944 32,823 40,323 94,090 Restructuring expenses - - 4,441 4,441 Other gains, net ( 4,886 ) ( 25,008 ) ( 369 ) ( 30,263 ) Income (loss) from operations $ 133,635 $ 63,531 $ ( 47,945 ) $ 149,221
Schedule Of Identifiable Assets	Identifiable Assets Well Corporate Consolidated Rentals Services and Other Total September 30, 2023 $ 529,850 $ 572,496 $ 180,687 $ 1,283,033 December 31, 2022 432,437 533,327 225,248 1,191,012

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Summary Of Financial Assets And Liabilities Measured At Fair Value On Recurring Basis	September 30, 2023 December 31, 2022 Non-qualified deferred compensation assets and liabilities Other long-term assets, net $ 16,549 $ 16,299 Accrued expenses 1,715 1,831 Other long-term liabilities 14,835 15,855

Other Expense, Net (Tables)

Other Expense, Net (Tables)	9 Months Ended
	Sep. 30, 2023
Other Income and Expenses [Abstract]
Schedule of other nonoperating income (expense)	A summary of other expense, net is as follows: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Foreign currency losses ( 4,601 ) ( 7,012 ) ( 8,157 ) ( 11,905 ) Investment income (loss), net 81 ( 192 ) ( 363 ) 1,023 Realized gain, net - - - 3,611 Unrealized gain, net - 363 - 908 Other, net - 3 12 1 Other expense, net ( 4,520 ) ( 6,838 ) ( 8,508 ) ( 6,362 )

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Computation of weighted average number of shares for basic and diluted earnings per share	The following table presents the reconciliation between the weighted average number of shares for basic and diluted earnings per share. For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 Weighted-average shares outstanding - basic 20,136 20,024 20,123 20,016 Potentially dilutive stock awards and units 23 66 21 58 Weighted-average shares outstanding - diluted 20,159 20,090 20,144 20,074

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Components Of Income (Loss) From Discontinued Operations	The following table summarizes the components of discontinued operations, net of tax: For the Three Months Ended For the Nine Months Ended September 30, September 30, 2023 2022 2023 2022 General and administrative expenses $ 30 $ 289 $ 419 $ 5,742 Other gains, net ( 187 ) ( 303 ) ( 935 ) ( 5,496 ) Income (loss) from discontinued operations before tax 157 14 516 ( 246 ) Income tax benefit (expense) ( 29 ) 3 ( 108 ) 58 Income (loss) from discontinued operations, net of income tax $ 128 $ 17 $ 408 $ ( 188 )
Assets And Liabilities Of Discontinued Operation	The following summarizes the assets and liabilities related to discontinued operations: September 30, 2023 December 31, 2022 Assets: Accounts receivable, net $ - $ 350 Property, plant and equipment, net 753 11,468 Other assets - 160 Total assets held for sale $ 753 $ 11,978 Liabilities: Accounts payable $ - $ 86 Accrued expenses 292 3,192 Other liabilities - 71 Total liabilities held for sale $ 292 $ 3,349
Schedule Of Cash Flows From Discontinued Operations	Significant operating non-cash items and cash flows from investing activities for our discontinued operations were as follows: For the Nine Months Ended September 30, 2023 2022 Cash flows from discontinued operating activities: Other gains, net $ ( 935 ) $ ( 5,496 ) Cash flows from discontinued investing activities: Proceeds from sales of assets $ 12,073 $ 18,782

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2023
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	The table below is a reconciliation of cash, cash equivalents and restricted cash for the beginning and the end of the periods presented: September 30, 2023 2022 Cash and cash equivalents $ 258,999 $ 314,974 Restricted cash-non-current 80,108 79,561 Cash, cash equivalents, and restricted cash, beginning of period $ 339,107 $ 394,535 Cash and cash equivalents $ 357,769 $ 453,682 Restricted cash-non-current 80,940 79,757 Cash, cash equivalents, and restricted cash, end of period $ 438,709 $ 533,439

Revenue and Accounts Receivab_3

Revenue and Accounts Receivable (Disaggregation Of Revenues, By Geography) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenues	$ 210,385	$ 222,287	$ 674,995	$ 644,857
Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	113,201	104,557	334,433	297,042
Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	97,184	117,730	340,562	347,815
U.S. Land [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	45,701	49,481	147,725	135,933
U.S. Land [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	37,478	39,673	127,341	117,426
U.S. Land [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	8,223	9,808	20,384	18,507
U.S. Offshore [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	59,140	61,438	172,052	191,412
U.S. Offshore [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	44,681	37,829	117,867	106,913
U.S. Offshore [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	14,459	23,609	54,185	84,499
International [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	105,544	111,368	355,218	317,512
International [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	31,042	27,055	89,225	72,703
International [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	$ 74,502	$ 84,313	$ 265,993	$ 244,809

Revenue and Accounts Receivab_4

Revenue and Accounts Receivable (Disaggregation Of Revenues, By Type) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Total Revenues	$ 210,385	$ 222,287	$ 674,995	$ 644,857
Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	113,201	104,557	334,433	297,042
Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	97,184	117,730	340,562	347,815
Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	80,956	99,763	280,376	291,268
Services [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	17,073	15,301	52,093	39,113
Services [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	63,883	84,462	228,283	252,155
Rentals Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	89,348	80,173	260,319	224,328
Rentals Services [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	84,682	77,561	248,404	216,371
Rentals Services [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	4,666	2,612	11,915	7,957
Product Sales [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	40,081	42,351	134,300	129,261
Product Sales [Member] | Rentals [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	11,446	11,695	33,936	41,558
Product Sales [Member] | Well Services [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	$ 28,635	$ 30,656	$ 100,364	$ 87,703

Revenue and Accounts Receivab_5

Revenue and Accounts Receivable (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Allowance for doubtful accounts	$ 6.8	$ 6.1

Inventory (Schedule of Componen

Inventory (Schedule of Components of Inventory) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Finished goods	$ 48,765	$ 36,136
Raw materials	8,685	8,351
Work-in-process	13,061	4,718
Supplies and consumables	16,499	16,382
Total	$ 87,010	$ 65,587

Inventory (Narrative) (Details)

Inventory (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Finished goods inventory	$ 25.3	$ 20.7

Decommissioning Liability (Narr

Decommissioning Liability (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Accretion expense	$ 2.6	$ 2	$ 7.4	$ 7.4
Decommissioning costs	$ 6.5		$ 6.5

Decommissioning Liability - Sch

Decommissioning Liability - Schedule of Decommissioning Liability (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Decommissioning Liability	$ 161,567	$ 160,671
Less: Note Receivable	(72,611)	(69,679)
Decommissioning Liability, net of Note Receivable	88,956	90,992
Well Services [Member]
Decommissioning Liability	94,245	96,171
Platform Service [Member]
Decommissioning Liability	$ 67,322	$ 64,500

Note Receivable (Narrative) (De

Note Receivable (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Note receivable	$ 72,611		$ 72,611		$ 69,679
Change In Gross Amount Of Sellers Obligation	105,200		$ 105,200
Notes Receivable, Seller Obligation [Member]
Financing Receivable, Past Due [Line Items]
Interest rate percentage to record present value of notes receivable			5.60%
Company recorded interest income	$ 1,000	$ 900	$ 2,900	$ 2,900

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Summary Of Property, Plant And Equipment) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 568,071	$ 519,066
Accumulated depreciation and depletion	(276,927)	(236,690)
Property, plant and equipment, net	291,144	282,376
Machinery And Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	418,914	378,907
Buildings, Improvements And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	69,742	70,816
Automobiles, Trucks, Tractors and Trailers [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,242	6,376
Furniture And Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	19,455	19,373
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,248	5,185
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	25,210	26,695
Oil and Gas Producing Assets [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 13,260	$ 11,714

Property,Plant and Equipment,Ne

Property,Plant and Equipment,Net (Summary of Depreciation and Depletion Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Depreciation	$ 17,021	$ 18,226	$ 51,494	$ 66,208
Depletion	592	5	1,668	3,596
Depreciation, Depletion and Amortization, Total	$ 17,613	$ 18,231	$ 53,162	$ 69,804

Property, Plant and Equipment_4

Property, Plant and Equipment, Net (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Depreciation and depletion expense	$ 17,613	$ 18,231	$ 53,162	$ 69,804
Gain(Loss) on the disposal of assets	$ 4,100	$ 13,400	$ 5,400	$ 12,900

Debt (Narrative) (Details)

Debt (Narrative) (Details) $ in Millions	Sep. 30, 2023 USD ($)
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 120
Letters of Credit Outstanding, Amount	34.7
Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 120

Fair Value Measurements (Summar

Fair Value Measurements (Summary Of Financial Assets And Liabilities Measured At Fair Value On Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - Non Qualified Deferred Compensation Assets and Liabilities [Member] - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other long-term assets, net	$ 16,549	$ 16,299
Accrued expense	1,715	1,831
Other long-term liabilities	$ 14,835	$ 15,855

Other Expense, Net - (Additiona

Other Expense, Net - (Additional Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Debt and Equity Securities, FV-NI [Line Items]
Unrealized gain, net	$ 0	$ 363	$ 0	$ 908
Realized gain, net	0	0	0	3,611
Gain loss on foreign currencies			1,700		$ 13,400
Foreign currency losses	$ 4,601	$ 7,012	$ 8,157	$ 11,905

Other Expense, Net - Summary of

Other Expense, Net - Summary of Other Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Other Income and Expenses [Abstract]
Foreign currency losses	$ (4,601)	$ (7,012)	$ (8,157)	$ (11,905)
Investment Income, Net	81	(192)	(363)	1,023
Realized gain, net	0	0	0	3,611
Unrealized gain, net	0	363	0	908
Other, net	0	3	12	1
Other expense, net	$ (4,520)	$ (6,838)	$ (8,508)	$ (6,362)

Blue Chip Swap Securities (Addi

Blue Chip Swap Securities (Additional Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Proceeds from Sale, Maturity and Collection of Investments [Abstract]
Proceeds from sales of blue chip swap securities	$ 9,700		$ 9,656	$ 0
Derivative percentage higher than official exchange rate	123.20%
Loss on blue chip swap securities	$ (12,120)	$ 0	$ (12,120)	$ 0

Other (Gains) and Losses (Addit

Other (Gains) and Losses (Additional Information) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Assets	$ 4.1	$ 13.4	$ 5.4	$ 12.9
Gain recognized from changes in cost and timing				17.4
Proceeds from sale of non core business related assets	$ 8.8	$ 26.3	$ 12.6	$ 27.6

Segment Information (Schedule O

Segment Information (Schedule Of Segment Reporting Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Total revenues	$ 210,385	$ 222,287	$ 674,995	$ 644,857
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	109,845	116,081	348,320	349,429
Depreciation, depletion, amortization and accretion	20,490	20,508	61,250	77,939
General and administrative expenses	30,089	31,841	92,256	94,090
Restructuring expense	0	1,223	1,983	4,441
Other (gains) and losses, net	(4,073)	(13,397)	(5,424)	(30,263)
Income (loss) from operations	54,034	66,031	176,610	149,221
Rentals [Member]
Segment Reporting Information [Line Items]
Total revenues	113,201	104,557	334,433	297,042
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	37,769	33,638	109,258	101,250
Depreciation, depletion, amortization and accretion	12,538	12,554	37,259	46,099
General and administrative expenses	6,767	7,020	20,962	20,944
Other (gains) and losses, net	(126)	(4,946)	(419)	(4,886)
Income (loss) from operations	56,253	56,291	167,373	133,635
Well Services [Member]
Segment Reporting Information [Line Items]
Total revenues	97,184	117,730	340,562	347,815
Total cost of revenues (exclusive of depreciation, depletion, amortization and accretion)	72,076	82,443	239,062	248,179
Depreciation, depletion, amortization and accretion	7,277	6,900	21,558	28,290
General and administrative expenses	11,197	10,220	34,087	32,823
Other (gains) and losses, net	(3,947)	(8,082)	(5,005)	(25,008)
Income (loss) from operations	10,581	26,249	50,860	63,531
Corporate And Other [Member]
Segment Reporting Information [Line Items]
Depreciation, depletion, amortization and accretion	675	1,054	2,433	3,550
General and administrative expenses	12,125	14,601	37,207	40,323
Restructuring expense		1,223	1,983	4,441
Other (gains) and losses, net		(369)		(369)
Income (loss) from operations	$ (12,800)	$ (16,509)	$ (41,623)	$ (47,945)

Segment Information (Schedule_2

Segment Information (Schedule Of Identifiable Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Identifiable Assets	$ 1,283,033	$ 1,191,012
Rentals [Member]
Segment Reporting Information [Line Items]
Identifiable Assets	529,850	432,437
Well Services [Member]
Segment Reporting Information [Line Items]
Identifiable Assets	572,496	533,327
Corporate And Other [Member]
Segment Reporting Information [Line Items]
Identifiable Assets	$ 180,687	$ 225,248

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Narrative) (Details)	9 Months Ended
	Sep. 30, 2023 $ / shares shares
Restricted Stock Units (RSUs) [Member] | Equal Installments [Member]
Cancelled stock incentive plans
Share-based payment vesting period, years	3 years
Performance Share Units [Member] | Minimum [Member]
Cancelled stock incentive plans
Percentage of achievement of share price based on target award	25%
Performance Share Units [Member] | Maximum [Member]
Cancelled stock incentive plans
Percentage of achievement of share price based on target award	100%
Management Incentive Plan [Member]
Cancelled stock incentive plans
Common stock reserved for issuance | shares	1,999,869
Common stock, par value | $ / shares	$ 0.01

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans - Issuances Under Management Incentive Plan (Details) - Management Incentive Plan [Member] - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Awards outstanding, begining	228,188	126,865
Vested	(106,357)	(25,423)
Granted		160,265
Awards outstanding, ending	121,831	261,707
Unamortized grant date fair value, begining	8,200,000	3,800,000
Unamortized grant date fair value, ending	5,100,000	9,500,000
June 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Awards outstanding, begining	29,976	76,269
Vested	(14,988)	(25,423)
Granted		0
Awards outstanding, ending	14,988	50,846
Estimated grant date fair value	$ 39,530	$ 39,530
Unamortized grant date fair value, begining	900,000	2,400,000
Unamortized grant date fair value, ending	400,000	1,000,000
July/August 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Awards outstanding, begining	37,947	50,596
Vested	(37,947)	0
Granted		0
Awards outstanding, ending	0	50,596
Estimated grant date fair value	$ 39,530	$ 39,530
Unamortized grant date fair value, begining	0	1,400,000
Unamortized grant date fair value, ending	0	300,000
March 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Awards outstanding, begining	72,050	0
Vested	(24,017)	0
Granted		72,050
Awards outstanding, ending	48,033	72,050
Estimated grant date fair value	$ 58,800	$ 58,800
Unamortized grant date fair value, begining	3,100,000	0
Unamortized grant date fair value, ending	2,000,000	3,500,000
July 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Awards outstanding, begining	88,215	0
Vested	(29,405)	0
Granted		88,215
Awards outstanding, ending	58,810	88,215
Estimated grant date fair value	$ 58,800	$ 58,800
Unamortized grant date fair value, begining	4,200,000	0
Unamortized grant date fair value, ending	2,700,000	4,700,000

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans - Compensation Expense Associated With RSA and RSU Grants (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Restricted Stock Unit And Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Compensation expense	$ 1,024	$ 1,976	$ 3,099	$ 3,519

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent					21%
Current Foreign Tax Expense (Benefit)		$ 14.9
Effective Income Tax Rate Reconciliation, Percent	25.90%			22.50%	25.60%	22%
Valuation allowance	$ 44.3				$ 44.3
Foreign tax credit forecasted amount	72.7				72.7
Unrecognized tax benefits	4.1				4.1		$ 14
Unrecognized tax benefits settlement due	$ 0.9				$ 0.9
Deferred income taxes			$ 7.6

Earnings Per Share (Summary of

Earnings Per Share (Summary of weighted average number of shares for basic and diluted earnings per share) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Weighted-average shares outstanding - basic	20,136	20,024	20,123	20,016
Potentially dilutive stock awards and units	23	66	21	58
Weighted-average shares outstanding - diluted	20,159	20,090	20,144	20,074

Contingencies (Narrative) (Deta

Contingencies (Narrative) (Details) $ in Millions	May 31, 2023 USD ($)
Whatcom County Superi or Court [Member]
Loss Contingencies [Line Items]
Tax assessment	$ 27.1

Discontinued Operations (Compon

Discontinued Operations (Components Of Income (Loss) From Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation, depletion, amortization and accretion	$ 20,490	$ 20,508	$ 61,250	$ 77,939
General and administrative expenses	30,089	31,841	92,256	94,090
Other gains, net	(4,073)	(13,397)	(5,424)	(30,263)
Income from operations	54,034	66,031	176,610	149,221
Other expense, net	(4,520)	(6,838)	(8,508)	(6,362)
Income (loss) from discontinued operations, net of income tax	128	17	408	(188)
Pumpco [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
General and administrative expenses	30	289	419	5,742
Other gains, net	(187)	(303)	(935)	(5,496)
Income from discontinued operations before tax	157	14	516	(246)
Income tax benefit (expense)	(29)	3	(108)	58
Income (loss) from discontinued operations, net of income tax	$ 128	$ 17	$ 408	$ (188)

Discontinued Operations (Assets

Discontinued Operations (Assets And Liabilities Of Discontinued Operation) (Details) - Pumpco Member - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accounts receivable, net	$ 0	$ 350
Property, plant and equipment, net	753	11,468
Other assets	0	160
Total assets held for sale	753	11,978
Accounts payable	0	86
Accrued expenses	292	3,192
Other liabilities	0	71
Total liabilities held for sale	$ 292	$ 3,349

Discontinued Operation (Cash Fl

Discontinued Operation (Cash Flow Of Discontinued Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Other gains, net	$ (4,073)	$ (13,397)	$ (5,424)	$ (30,263)
Pumpco Member
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Other gains, net	$ (187)	$ (303)	(935)	(5,496)
Proceeds from sales of assets			$ 12,073	$ 18,782

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Cash and cash equivalents	$ 357,769	$ 258,999	$ 453,682	$ 314,974
Restricted cash-non-current	80,940	80,108	79,757	79,561
Cash, cash equivalents, and restricted cash	$ 438,709	$ 339,107	$ 533,439	$ 394,535