Annual report pursuant to Section 13 and 15(d)

Business Combinations and Asset Acquisition - Summary of Preliminary Allocation of Fair Value of Flotek's Assets, Liabilities and Noncontrolling Interest (Details)

v3.23.1
Business Combinations and Asset Acquisition - Summary of Preliminary Allocation of Fair Value of Flotek's Assets, Liabilities and Noncontrolling Interest (Details) - USD ($)
$ in Millions
May 17, 2022
Dec. 31, 2022
Liabilities assumed:    
Goodwill   $ 240.5
Flotek Industries, Inc.    
Settlement of pre-existing relationships    
Accounts payable $ 2.7  
Supply agreement contract liability (9.9)  
Fair value of previously held interest in 10% Convertible PIK Notes 30.2  
Total purchase consideration 17.6  
Assets acquired:    
Cash and cash equivalents 21.7  
Accounts receivable 18.9  
Inventories 12.2  
Assets held for sale 1.8  
Other current assets 3.4  
Property, plant and equipment 21.6  
Operating lease right-of-use asset 3.9  
Deferred tax assets 0.3  
Total identifiable assets acquired 83.8  
Liabilities assumed:    
Accounts payable and accrued liabilities 24.2  
Operating lease liabilities 7.4  
Finance lease liabilities 0.1  
Long-term debt 17.1  
Other non-current liabilities 0.1  
Total liabilities assumed 48.9  
Noncontrolling interests 99.0  
Goodwill $ 81.7