Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.22.1
Goodwill and Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2022
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 three months ended March 31, 2022 and year ended December 31, 2021 are presented below (in thousands):

Infrastructure Well Completion Sand Other Total
Balance as of January 1, 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 
Acquisitions —  —  —  —  — 
Impairment losses (891) —  —  —  (891)
Balance as of December 31, 2021
Goodwill 891  86,043  2,684  14,830  104,448 
Accumulated impairment losses (891) (76,829) (2,684) (12,327) (92,731)
—  9,214  —  2,503  11,717 
Acquisitions —  —  —  —  — 
Impairment losses —  —  —  —  — 
Balance as of March 31, 2022
Goodwill 891  86,043  2,684  14,830  104,448 
Accumulated impairment losses (891) (76,829) (2,684) (12,327) (92,731)
$ —  $ 9,214  $ —  $ 2,503  $ 11,717 
Schedule of Finite-Lived Intangible Assets
The Company had the following definite lived intangible assets recorded (in thousands):
March 31, December 31,
2022 2021
Trade names 7,850  7,850 
Less: accumulated amortization - trade names (5,484) (5,289)
Intangible assets, net $ 2,366  $ 2,561 
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 2022 $ 584 
2023 779 
2024 711 
2025 91 
2026 91 
Thereafter 110 
$ 2,366