6-K Filing

NATIONAL ENERGY SERVICES REUNITED CORP. CIK: 1698514 Q2 2021

Filing Information

Form Type	6-K
Accession Number	`0001493152-21-018882`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	form6-k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 72 Cash Flow Statement 86 Stockholders Equity 34 Comprehensive Income 20

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, no par value	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.01M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$66.07M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$116.83M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$116.48M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$158.46M	USD	Point-in-time
Unbilled revenue	`UnbilledReceivablesCurrent`	$117.91M	USD	Point-in-time
Service inventories	`InventoryNet`	$94.26M	USD	Point-in-time
Service inventories	`InventoryNet`	$103.31M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	87.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	91.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	87.19M	shares	Point-in-time
Prepaid assets	`PrepaidExpenseCurrent`	$13.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	87.78M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	87.73M	shares	Point-in-time
Prepaid assets	`PrepaidExpenseCurrent`	$11.48M	USD	Point-in-time
Retention withholdings	`RetentionWithholdingsCurrent`	$36.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	91.12M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	87.78M	shares	Point-in-time
Retention withholdings	`RetentionWithholdingsCurrent`	$46.38M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$18.45M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$19.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.69M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$486.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$515.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$437.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$452.45M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$110.38M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$131.42M	USD	Point-in-time
Goodwill	`Goodwill`	$620.92M	USD	Point-in-time
Goodwill	`Goodwill`	$628.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.80M	USD	Point-in-time
Total assets	`Assets`	$1.71B	USD	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$144.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$138.91M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$39.98M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$73.78M	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrent`	$47.50M	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrent`	$54.08M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$59.71M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$42.36M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$7.47M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$9.42M	USD	Point-in-time
Other taxes payable	`OtherTaxesPayableCurrent`	$11.29M	USD	Point-in-time
Other taxes payable	`OtherTaxesPayableCurrent`	$5.09M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$49.54M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$359.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$354.79M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$308.61M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$287.48M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesOther`	$21.07M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesOther`	$19.45M	USD	Point-in-time
Employee benefit liabilities	`EmployeeBenefitLiabilitiesNoncurrent`	$21.52M	USD	Point-in-time
Employee benefit liabilities	`EmployeeBenefitLiabilitiesNoncurrent`	$23.52M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$37.52M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$32.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$722.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$742.64M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred shares, no par value; unlimited shares authorized; none issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares, no par value; unlimited shares authorized; none issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid in capital, no par value; unlimited shares authorized; 91,119,218 and 87,777,553 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$851.55M	USD	Point-in-time
Common stock and additional paid in capital, no par value; unlimited shares authorized; 91,119,218 and 87,777,553 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$831.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$113.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$132.51M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$97.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$944.43M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$984.15M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-8.00K	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-8.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$899.15M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$885.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.23M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$970.94M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.42M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.15M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$447.35M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$203.25M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$234.93M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$402.55M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$322.61M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$193.93M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$368.24M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$164.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$41.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$79.94M	USD	2 Qtrs
Gross profit	`GrossProfit`	$38.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$79.11M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$35.74M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.38M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.11M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.52M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$3.93M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$4.50M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$7.82M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$8.51M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$14.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$36.37M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$30.08M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$17.86M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$3.23M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$6.40M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$4.17M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$8.68M	USD	2 Qtrs
Gain/(loss) on Private Warrant Liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain/(loss) on Private Warrant Liability	`DerivativeGainLossOnDerivativeNet`	$558.00K	USD	2 Qtrs
Gain/(loss) on Private Warrant Liability	`DerivativeGainLossOnDerivativeNet`	$-22.00K	USD	1 Quarter
Gain/(loss) on Private Warrant Liability	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Other income / (expense), net	`OtherOperatingIncomeExpenseNet`	$-655.00K	USD	1 Quarter
Other income / (expense), net	`OtherOperatingIncomeExpenseNet`	$-420.00K	USD	2 Qtrs
Other income / (expense), net	`OtherOperatingIncomeExpenseNet`	$-309.00K	USD	1 Quarter
Other income / (expense), net	`OtherOperatingIncomeExpenseNet`	$-372.00K	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.31M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.36M	USD	1 Quarter
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.84M	USD	2 Qtrs
Income before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.41M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.85M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.38M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$10.51M	USD	1 Quarter
Net income	`ProfitLoss`	$22.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$19.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.82M	USD	1 Quarter
Net income / (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income / (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income / (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income / (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to shareholders	`NetIncomeLoss`	$22.46M	USD	2 Qtrs
Net income attributable to shareholders	`NetIncomeLoss`	$7.82M	USD	1 Quarter
Net income attributable to shareholders	`NetIncomeLoss`	$19.29M	USD	2 Qtrs
Net income attributable to shareholders	`NetIncomeLoss`	$10.51M	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	88.23M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	87.73M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	90.79M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	91.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.37M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.23M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.64M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.73M	shares	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.21	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.25	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.21	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.51M	USD	1 Quarter
Net income	`ProfitLoss`	$22.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$19.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$62.32M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.59M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.76M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.60M	USD	2 Qtrs
Loss (Gain) on disposal of assets	`GainLossOnDispositionOfAssets1`	$-240.00K	USD	2 Qtrs
Loss (Gain) on disposal of assets	`GainLossOnDispositionOfAssets1`	$-367.00K	USD	2 Qtrs
Non-cash interest (income) expense	`NoncashInterestExpense`	$-125.00K	USD	2 Qtrs
Non-cash interest (income) expense	`NoncashInterestExpense`	$-51.00K	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.62M	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-2.13M	USD	2 Qtrs
Allowance for (reversal of) doubtful receivables	`AllowanceForDoubtfulReceivables`	$26.00K	USD	2 Qtrs
Allowance for (reversal of) doubtful receivables	`AllowanceForDoubtfulReceivables`	$-286.00K	USD	2 Qtrs
Provision for obsolete service inventories	`ProvisionForObsoleteServiceInventories`	$614.00K	USD	2 Qtrs
Provision for obsolete service inventories	`ProvisionForObsoleteServiceInventories`	-	USD	2 Qtrs
Loss (Gain) on Private Warrant liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss (Gain) on Private Warrant liability	`DerivativeGainLossOnDerivativeNet`	$558.00K	USD	2 Qtrs
Loss (Gain) on Private Warrant liability	`DerivativeGainLossOnDerivativeNet`	$-22.00K	USD	1 Quarter
Loss (Gain) on Private Warrant liability	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Other operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$240.00K	USD	2 Qtrs
Other operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$219.00K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.89M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.31M	USD	2 Qtrs
(Increase) decrease in Unbilled revenue	`IncreaseDecreaseInContractWithCustomerAsset`	$44.52M	USD	2 Qtrs
(Increase) decrease in Unbilled revenue	`IncreaseDecreaseInContractWithCustomerAsset`	$-41.90M	USD	2 Qtrs
(Increase) decrease in Retention withholdings	`IncreaseDecreaseInRetentionWithholdings`	$9.61M	USD	2 Qtrs
(Increase) decrease in Retention withholdings	`IncreaseDecreaseInRetentionWithholdings`	$8.70M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$6.29M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$7.88M	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.45M	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-857.00K	USD	2 Qtrs
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-6.68M	USD	2 Qtrs
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.57M	USD	2 Qtrs
(Increase) decrease in other long-term assets and liabilities	`IncreaseDecreaseInOtherLongTermAssetsAndLiabilities`	$2.14M	USD	2 Qtrs
(Increase) decrease in other long-term assets and liabilities	`IncreaseDecreaseInOtherLongTermAssetsAndLiabilities`	$516.00K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$23.18M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-32.04M	USD	2 Qtrs
Increase (decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-8.83M	USD	2 Qtrs
Increase (decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-818.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.60M	USD	2 Qtrs
Capital expenditures	`PaymentsOfCapitalExpenditures`	$50.66M	USD	2 Qtrs
Capital expenditures	`PaymentsOfCapitalExpenditures`	$32.57M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$784.00K	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.28M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$36.92M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-3.74M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.10M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$570.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.81M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.21M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$15.00M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$15.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$4.00M	USD	2 Qtrs
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$58.39M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$40.94M	USD	2 Qtrs
Repayments of short-term borrowings	`RepaymentsOfShortTermDebt`	$7.13M	USD	2 Qtrs
Payments on capital leases	`PaymentsOnCapitalLeases`	$10.12M	USD	2 Qtrs
Payments on capital leases	`PaymentsOnCapitalLeases`	$11.18M	USD	2 Qtrs
Payments on seller-provided financing for capital expenditures	`PaymentsOnSellerprovidedFinancingForCapitalExpenditures`	$992.00K	USD	2 Qtrs
Payments on seller-provided financing for capital expenditures	`PaymentsOnSellerprovidedFinancingForCapitalExpenditures`	$8.83M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-141.00K	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.63M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-304.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$35.00K	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.94M	USD	2 Qtrs
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.12M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$75.01M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$66.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$73.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$79.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$75.01M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$66.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$73.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$79.32M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$3.97M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$4.70M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$8.10M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$5.80M	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$899.15M	USD	Point-in-time
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$885.54M	USD	Point-in-time
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.23M	USD	Point-in-time
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$970.94M	USD	Point-in-time
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.42M	USD	Point-in-time
Balance at beginning, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.15M	USD	Point-in-time
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.76M	USD	2 Qtrs
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.04M	USD	1 Quarter
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.12M	USD	1 Quarter
Share-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$4.60M	USD	2 Qtrs
Vesting of restricted share units	`VestingOfRestrictedShareUnits`	-	USD	1 Quarter
Vesting of restricted share units	`VestingOfRestrictedShareUnits`	-	USD	2 Qtrs
Vesting of restricted share units	`VestingOfRestrictedShareUnits`	-	USD	2 Qtrs
Conversion of Private Warrants to Public Warrants	`ConversionOfPrivateWarrantsToPublicWarrants`	$372.00K	USD	1 Quarter
Conversion of Private Warrants to Public Warrants	`ConversionOfPrivateWarrantsToPublicWarrants`	$372.00K	USD	2 Qtrs
Conversion of Private Warrants to Public Warrants	`ConversionOfPrivateWarrantsToPublicWarrants`	-	USD	1 Quarter
Shares issued to SAPESCO Selling Shareholders (Note 4)	`StockIssuedDuringPeriodValueNewIssues`	$15.80M	USD	2 Qtrs
Shares issued to SAPESCO Selling Shareholders (Note 4)	`StockIssuedDuringPeriodValueNewIssues`	-	USD	2 Qtrs
Shares issued to SAPESCO Selling Shareholders (Note 4)	`StockIssuedDuringPeriodValueNewIssues`	$2.35M	USD	1 Quarter
Shares issued to SAPESCO Selling Shareholders (Note 4), shares	`StockIssuedDuringPeriodSharesNewIssues`	7,268.00	shares	Point-in-time
Other	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Other	`StockIssuedDuringPeriodValueOther`	$96.00K	USD	2 Qtrs
Other	`StockIssuedDuringPeriodValueOther`	$33.00K	USD	2 Qtrs
Other	`StockIssuedDuringPeriodValueOther`	$67.00K	USD	1 Quarter
Net income	`ProfitLoss`	$10.51M	USD	1 Quarter
Net income	`ProfitLoss`	$22.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$19.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.82M	USD	1 Quarter
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$899.15M	USD	Point-in-time
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$885.54M	USD	Point-in-time
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$912.23M	USD	Point-in-time
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$970.94M	USD	Point-in-time
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.42M	USD	Point-in-time
Balance at ending, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.15M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.51M	USD	1 Quarter
Net income	`ProfitLoss`	$22.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$19.29M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.82M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$35.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$33.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.00K	USD	1 Quarter
Total Comprehensive Income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$10.52M	USD	1 Quarter
Total Comprehensive Income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$22.50M	USD	2 Qtrs
Total Comprehensive Income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.82M	USD	1 Quarter
Total Comprehensive Income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$19.33M	USD	2 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$19.33M	USD	2 Qtrs
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$10.52M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$7.82M	USD	1 Quarter
Comprehensive income attributable to shareholders	`ComprehensiveIncomeNetOfTax`	$22.50M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.