Annual report pursuant to Section 13 and 15(d)

Selling, General and Administrative Expense

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Selling, General and Administrative Expense
 12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Selling, General And Administrative Expense Selling, General and Administrative Expense
    Selling, general and administrative (“SG&A”) expense includes of the following (in thousands):
Years Ended December 31,
2023 2022 2021
Cash expenses:
Compensation and benefits $ 15,563  $ 13,729  $ 15,064 
Professional services 13,448  13,501  11,400 
Other(a)
7,693  8,012  9,052 
Total cash SG&A expense 36,704  35,242  35,516 
Non-cash expenses:
Change in provision for expected credit losses(b)
(591) 3,389  41,662 
Stock based compensation 1,345  923  1,068 
Total non-cash SG&A expense 754  4,312  42,730 
Total SG&A expense $ 37,458  $ 39,554  $ 78,246 
a.    Includes travel-related costs, information technology expenses, rent, utilities and other general and administrative-related costs.
b.    The change in provision for expected credit losses for the year ended December 31, 2021 includes $41.2 million related to the Stingray Pressure Pumping and Muskie contracts with Gulfport.