Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.21.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the net carrying amount of goodwill by reporting segment (see Note 19) for the nine months ended September 30, 2021 and year ended December 31, 2020 are presented below (in thousands):

Infrastructure Well Completion Sand Other Total
Balance as of January 1, 2020
Goodwill $ 891  $ 86,043  $ 2,684  $ 14,830  $ 104,448 
Accumulated impairment losses —  (23,423) (2,684) (10,760) (36,867)
891  62,620  —  4,070  67,581 
Acquisitions —  —  —  —  — 
Impairment losses —  (53,406) —  (1,567) (54,973)
Balance as of December 31, 2020
Goodwill 891  86,043  2,684  14,830  104,448 
Accumulated impairment losses —  (76,829) (2,684) (12,327) (91,840)
891  9,214  —  2,503  12,608 
Acquisitions —  —  —  —  — 
Impairment losses —  —  —  —  — 
Balance as of September 30, 2021
Goodwill 891  86,043  2,684  14,830  104,448 
Accumulated impairment losses —  (76,829) (2,684) (12,327) (91,840)
$ 891  $ 9,214  $ —  $ 2,503  $ 12,608 
Schedule of Finite-Lived Intangible Assets
The Company had the following definite lived intangible assets recorded (in thousands):
September 30, December 31,
2021 2020
Customer relationships $ 1,050  $ 1,050 
Trade names 8,413  9,063 
Less: accumulated amortization - customer relationships (773) (642)
Less: accumulated amortization - trade names (5,219) (4,697)
Intangible assets, net $ 3,471  $ 4,774 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Aggregated expected amortization expense for the future periods is expected to be as follows (in thousands):
Remainder of 2021 $ 245 
2022 982 
2023 865 
2024 739 
2025 119 
Thereafter 521 
$ 3,471