0001738827-21-000034 | 10-Q | XBRL Viewer | KLX Energy Services Holdings INC

Print Document View Excel Document

Cover - shares	6 Months Ended
Cover - shares	Jul. 31, 2021	Sep. 03, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2021
Document Transition Report	false
Entity File Number	001-38609
Entity Registrant Name	KLX Energy Services Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-4904146
Entity Address, Address Line One	3040 Post Oak Boulevard
Entity Address, Address Line Two	15th Floor
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77056
City Area Code	832
Local Phone Number	844-1015
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	KLXE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,879,876
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001738827
Amendment Flag	false

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Current assets:
Cash and cash equivalents	$ 39.4	$ 47.1
Accounts receivable–trade, net of allowance of $6.1 and $6.5	79.1	67.0
Inventories, net	22.6	20.8
Other current assets	10.2	15.8
Total current assets	151.3	150.7
Property and equipment, net	175.9	203.7
Intangible assets, net	2.3	2.5
Other assets	5.1	5.8
Total assets	334.6	362.7
Current liabilities:
Accounts payable	43.4	39.4
Accrued interest	7.4	7.2
Accrued liabilities	28.2	29.2
Current portion of capital leases	1.9	1.9
Total current liabilities	80.9	77.7
Long-term debt	274.4	243.9
Long-term capital lease obligations	3.4	4.4
Other non-current liabilities	4.1	4.6
Commitments, contingencies and off-balance sheet arrangements (Note 11)
Stockholders’ equity (deficit):
Common stock, $0.01 par value; 110.0 authorized; 9.2 and 8.6 issued	0.1	0.1
Additional paid-in capital	470.9	469.1
Treasury stock, at cost, 0.3 shares and 0.3 shares	(4.3)	(4.0)
Accumulated deficit	(494.9)	(433.1)
Total stockholders’ equity (deficit)	(28.2)	32.1
Total liabilities and stockholders' equity (deficit)	$ 334.6	$ 362.7

Condensed Consolidated Balance Sheets - Parenthetical - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Statement of Financial Position [Abstract]
Accounts receivable - trade, allowance for doubtful accounts	$ 6.1	$ 6.5
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	110,000,000.0	110,000,000.0
Common stock, shares issued (in shares)	9,200,000	8,600,000
Treasury stock (in shares)	300,000	300,000

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Income Statement [Abstract]
Revenues	$ 111,900,000	$ 36,200,000	$ 202,700,000	$ 119,200,000
Costs and expenses:
Cost of sales (exclusive of items shown separately below)	99,200,000	37,900,000	187,800,000	114,900,000
Depreciation and amortization	14,500,000	12,900,000	29,900,000	29,100,000
Selling, general and administrative expenses	14,300,000	39,100,000	29,300,000	55,500,000
Research and development costs	100,000	200,000	200,000	500,000
Impairment and other charges	200,000	0	800,000	208,700,000
Bargain Purchase Gain	500,000	(41,100,000)	500,000	(41,100,000)
Operating loss	(16,900,000)	(12,800,000)	(45,800,000)	(248,400,000)
Non-operating expense:
Interest expense, net	8,000,000.0	7,600,000	15,800,000	15,000,000.0
Loss before income tax	(24,900,000)	(20,400,000)	(61,600,000)	(263,400,000)
Income tax expense	100,000	0	200,000	100,000
Net loss	$ (25,000,000.0)	$ (20,400,000)	$ (61,800,000)	$ (263,500,000)
Net loss per share - basic (in dollars per share)	$ (2.98)	$ (4.12)	$ (7.39)	$ (55.00)
Net loss per share - diluted (in dollars per share)	$ (2.98)	$ (4.12)	$ (7.39)	$ (55.00)

Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($) shares in Thousands, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit
Balance (shares) at Jan. 31, 2020		5,000
Balance at Jan. 31, 2020	$ 312.2	$ 0.1	$ 416.6	$ (3.6)	$ (100.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock, net of forfeitures	(0.7)		(0.7)
Purchase of treasury stock	(0.3)			(0.3)
Red Bone acquisition price shares reserved (in shares)		100
Net loss	(243.1)				(243.1)
Balance (shares) at Apr. 30, 2020		5,100
Balance at Apr. 30, 2020	68.1	$ 0.1	415.9	(3.9)	(344.0)
Balance (shares) at Jan. 31, 2020		5,000
Balance at Jan. 31, 2020	312.2	$ 0.1	416.6	(3.6)	(100.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(263.5)
Balance (shares) at Jul. 31, 2020		8,500
Balance at Jul. 31, 2020	99.7	$ 0.1	468.0	(4.0)	(364.4)
Balance (shares) at Apr. 30, 2020		5,100
Balance at Apr. 30, 2020	68.1	$ 0.1	415.9	(3.9)	(344.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock, net of forfeitures	17.3		17.4	(0.1)
QES acquisition price shares issuance (in shares)		3,400
QES acquisition price shares issuance	34.7		34.7
Net loss	(20.4)				(20.4)
Balance (shares) at Jul. 31, 2020		8,500
Balance at Jul. 31, 2020	99.7	$ 0.1	468.0	(4.0)	(364.4)
Balance (shares) at Jan. 31, 2021		8,600
Balance at Jan. 31, 2021	32.1	$ 0.1	469.1	(4.0)	(433.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock, net of forfeitures (in shares)		500
Restricted stock, net of forfeitures	0.8		0.8
Purchase of treasury stock	(0.3)			(0.3)
Net loss	(36.8)				(36.8)
Balance (shares) at Apr. 30, 2021		9,100
Balance at Apr. 30, 2021	(4.2)	$ 0.1	469.9	(4.3)	(469.9)
Balance (shares) at Jan. 31, 2021		8,600
Balance at Jan. 31, 2021	32.1	$ 0.1	469.1	(4.0)	(433.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(61.8)
Balance (shares) at Jul. 31, 2021		9,200
Balance at Jul. 31, 2021	(28.2)	$ 0.1	470.9	(4.3)	(494.9)
Balance (shares) at Apr. 30, 2021		9,100
Balance at Apr. 30, 2021	(4.2)	$ 0.1	469.9	(4.3)	(469.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock, net of forfeitures	$ 1.0		1.0
Issuance of common stock, net of cost (in shares)	100
Net loss	$ (25.0)				(25.0)
Balance (shares) at Jul. 31, 2021		9,200
Balance at Jul. 31, 2021	$ (28.2)	$ 0.1	$ 470.9	$ (4.3)	$ (494.9)

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Cash flows from operating activities:
Net loss	$ (61.8)	$ (263.5)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities
Depreciation and amortization	29.9	29.1
Impairment and other charges	0.8	208.7
Non-cash compensation	1.8	16.7
Amortization of deferred financing fees	0.6	0.6
Provision for inventory obsolescence reserve	0.1	1.4
Change in allowance for doubtful accounts	0.2	(7.8)
(Gain) loss on disposal of property, equipment and other	(4.2)	0.7
Bargain Purchase Gain	0.5	(41.1)
Changes in operating assets and liabilities:
Accounts receivable	(12.3)	58.8
Inventories	(1.9)	(2.2)
Other current and non-current assets	5.1	6.0
Accounts payable	3.8	(22.2)
Other current and non-current liabilities	0.0	(0.7)
Net cash flows used in operating activities	(37.4)	(15.5)
Cash flows from investing activities:
Purchases of property and equipment	(5.7)	(8.5)
Proceeds from sale of property and equipment	8.6	0.4
Acquisitions, net of cash acquired	0.0	(1.0)
Net cash flows provided by (used in) investing activities	2.9	(9.1)
Cash flows from financing activities:
Borrowings from ABL Facility	30.0	0.0
Purchase of treasury stock	(0.3)	(0.4)
Payments on capital lease obligations	(1.1)	0.0
Change to financed payables	(1.8)	0.0
Net cash flows provided by (used in) financing activities	26.8	(0.4)
Net decrease in cash and cash equivalents	(7.7)	(25.0)
Cash and cash equivalents, beginning of period	47.1	123.5
Cash and cash equivalents, end of period	39.4	98.5
Cash paid during period for:
Income taxes paid, net of refunds	0.3	0.3
Interest	14.7	14.6
Supplemental schedule of non-cash activities:
Change in deposits on capital expenditures	0.0	(5.4)
Accrued capital expenditures	$ 1.9	$ 1.2

Description of Business and Basis of Presentation	6 Months Ended
Description of Business and Basis of Presentation	Jul. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business KLX Energy Services Holdings, Inc. (the “Company”, “KLXE” or “KLX Energy Services”) is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production (“E&P”) companies operating in both conventional and unconventional plays in all of the active major basins throughout the United States. The Company delivers mission critical oilfield services focused on drilling, completion, production and intervention activities for the most technically demanding wells from over 50 service and support facilities located throughout the United States. The Company offers a complementary suite of proprietary products and specialized services that is supported by technically skilled personnel and a broad portfolio of innovative in-house manufacturing, repair and maintenance capabilities. KLXE’s primary services include coiled tubing, directional drilling, thru-tubing, hydraulic fracturing rentals, fishing, pressure control, wireline, rig-assisted snubbing, fluid pumping, flowback, testing, pressure pumping and well control services. KLXE’s primary rentals include hydraulic fracturing stacks, blow out preventers, tubulars, downhole tools, and accommodation units. KLXE's primary product offering includes a suite of proprietary dissolvable and composite plugs along with liner hangers, stage cementing tools, inflatables, and float/casing equipment. On July 28, 2020, KLX Energy Services, Krypton Intermediate, LLC, an indirect wholly owned subsidiary of KLXE, Krypton Merger Sub, Inc., an indirect wholly owned subsidiary of KLXE (“Merger Sub”), and Quintana Energy Services Inc. (“QES”) completed the previously announced acquisition of QES, by means of a merger of Merger Sub with and into QES, with QES surviving the merger as a subsidiary of KLXE (the “Merger”). Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. All adjustments which, in the opinion of the Company’s management, are considered necessary for a fair presentation of the results of operations for the periods shown are of a normal recurring nature and have been reflected in the condensed consolidated financial statements. The results of operations for the periods presented are not necessarily indicative of the results expected for the full fiscal year 2021 or for any future period. The information included in these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s 2020 Annual Report on Form 10-K filed with the SEC on April 28, 2021. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and related disclosures. Actual results could differ from those estimates. The accompanying unaudited condensed consolidated financial statements present the consolidated KLXE and QES financial position as of July 31, 2021 and January 31, 2021. Combined results for both legacy KLXE and legacy QES are included for the entire period in the condensed consolidated statements of operations and cash flows for the three and six months ended July 31, 2021. The condensed consolidated statements of operations and cash flows for the three and six months ended July 31, 2020 includes QES’s results for the final three days of the Company's second fiscal quarter, July 29, 2020 through July 31, 2020. Depreciation and Amortization The Company changed its presentation of depreciation and amortization expense in the first quarter of 2021. Depreciation and amortization expense is presented separately from cost of sales and selling, general, and administrative expenses. Prior period results have been reclassified to conform with current presentation. Segment Reporting During the third quarter of 2020, the Company changed its presentation of reportable segments related to the allocation of corporate overhead costs to reflect the presentation used by the Company's chief operational decision-making group ("CODM") to make decisions about resources to be allocated to the Company’s reportable segments and to assess segment performance. Historically, and through July 31, 2020, the Company’s total corporate overhead costs were allocated and reported within each reportable segment. Starting in the third quarter of 2020, the Company changed the corporate overhead allocation methodology to only include corporate costs incurred on behalf of its operating segments, which includes accounts payable, accounts receivable, insurance, audit, supply chain, health, safety and environmental and others. The remaining unallocated corporate costs are reported as a reconciling item in the Company’s segment reporting disclosures. See Note 14 for additional information. As a result of the change in presentation, the total corporate overhead costs allocated for the three and six months ended July 31, 2020 to the Company’s three reportable segments increased by $6.5 and decreased by $2.3, respectively. The Company also changed its presentation of service offering revenues. Historically, and through July 31, 2020, the Company’s service offering revenues included revenues from the completion, production and intervention market types within segment reporting. During the third quarter of 2020, the Company changed the presentation of its service offering revenues by separately reporting a drilling market type revenue, which includes directional drilling, drilling accommodation units and related drilling support services. The reclassifications are retroactively reported in the Company’s segment reporting disclosures to reflect the drilling revenue change and use of the information by the Company’s CODM. For the three and six months ended July 31, 2020, the total drilling revenues reported within segment reporting was $3.7 and $10.6, respectively. These changes in the Company’s corporate allocation method and service offering revenue disclosures have no net impact to the condensed consolidated financial statements. The change better reflects the CODM’s philosophy on assessing performance and allocating resources as well as improves the Company’s comparability to its peer group.

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Jul. 31, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (“Topic 848”): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting and, particularly, the risk of cessation of the London Interbank Offered Rate (“LIBOR”). The amendments in this ASU are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The expedients and exceptions provided by the amendments in this ASU are effective for all entities, if elected, through December 31, 2022. While the exact impact of this standard is not known, the guidance is not expected to have a material impact on the Company’s condensed consolidated financial statements. In December 2019, FASB issued ASU 2019-12, Income Taxes (“Topic 740”): Simplifying the Accounting for Income Taxes. This ASU is intended to simplify aspects of income tax approach for intraperiod tax allocations when there is a loss from continuing operations and income or a gain from other items, and to provide a general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Topic 740 also provides guidance to simplify how an entity recognizes a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, and evaluations of when step ups in the tax basis of goodwill should be considered part of a business combination. Companies should also reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date. The guidance is effective for the Company for the fiscal year beginning February 1, 2022. While the exact impact of this standard is not known, the guidance is not expected to have a material impact on the Company’s condensed consolidated financial statements. In June 2016, FASB issued ASU 2016-13, Financial Instruments - Credit Losses (“Topic 326”): Measurement of Credit Losses on Financial Instruments. This ASU is intended to update the measurement of credit losses on financial instruments. This update improves financial reporting by requiring earlier recognition of credit losses on financing receivables and other financial assets in scope by using the Current Expected Credit Losses (“CECL”) model. This guidance is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. The new accounting standard introduces the CECL methodology for estimating allowances for credit losses. The Company is an oilfield service company and as of July 31, 2021 had a third-party accounts receivable balance, net of allowance, of $79.1. Topic 326 is not expected to have a material impact on the Company’s condensed consolidated financial statements. In February 2016, FASB issued ASU 2016-02, Leases (“Topic 842”), which supersedes ASC Topic 840, Leases. Topic 842 requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. Topic 842 will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. In November 2019, FASB deferred the effective date for implementation of Topic 842 by one year and, in June 2020, FASB deferred the effective date by an additional year. The guidance under Topic 842 is effective for fiscal years beginning after December 15, 2021 and interim periods within fiscal years beginning after December 15, 2022. Earlier adoption is permitted. To assess the impact of this guidance, the Company has established a cross functional implementation project team and is currently in the process of accumulating and evaluating all the necessary information required to properly account for its lease portfolio under the new standard. The Company is in the process of developing its new accounting policies and determining the potential aggregate impact this guidance is likely to have on its condensed consolidated financial statements as of its adoption date.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (g)(2)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-URI http://asc.fasb.org/topic&trid=2122394

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=124434974&loc=SL124442142-165695

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=122038215&loc=SL108384541-122693

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=124402435&loc=SL124402458-218513

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (i)(2)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iii)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(i)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (g)(1)
-URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(2)
-URI http://asc.fasb.org/extlink&oid=124402435&loc=SL124402458-218513

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iv)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB Topic 11.M.Q2)
-URI http://asc.fasb.org/extlink&oid=122038215&loc=d3e31137-122693

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(3)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(3)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=122150657&loc=SL122150809-237846

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(3)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Publisher FASB
-Subparagraph (c)

+ Details

Business Combinations

6 Months Ended

Jul. 31, 2021

Business Combinations [Abstract]

Business Combinations

QES Merger

On July 28, 2020, the Company completed the Merger with QES, a diversified provider of oilfield services to onshore oil and natural gas E&P companies operating in the United States. The Merger purchase price was approximately $44.4 inclusive of cash paid to settle QES debt, comprised of 3.4 million shares of the Company’s common stock. Based on the Company’s preliminary purchase price allocation, the purchase price was less than the fair value of the identifiable assets acquired, which resulted in a $39.8 bargain purchase gain being recorded in fiscal 2020. In connection with the closing of the Merger, $9.7 in outstanding borrowings and associated fees and expenses of QES's five-year asset-based revolving credit agreement (the “QES ABL Facility”) were paid off. In addition, the Company assumed certain QES compensation agreements, including restricted stock units ("RSU"), with an estimated fair value of $2.0. Based on the service period related to the period prior to the acquisition date, $0.4 was allocated to the purchase price, and $1.6 relating to post-acquisition services will be recorded as operating expenses over the remaining requisite service periods. As of the Merger date, each unvested QES RSU was converted into a KLXE RSU award at a conversion rate of 0.0969 and valued on July 28, 2020.

The Merger was accounted for as a purchase under FASB ASC 805, Business Combinations (“ASC 805”). The results of operations for the acquisition are included in the accompanying condensed consolidated statements of operations from the respective date of acquisition.

The following table summarizes the final fair values of assets acquired and liabilities assumed in the Merger in accordance with ASC 805:


	QES
Cash	$	8.7
Accounts receivable-trade	12.2
Inventories	11.8
Other current and non-current assets	7.4
Property and equipment	84.2


Accounts payable	(27.1)

Other current and non-current liabilities	(13.0)
Bargain purchase	(39.8)
Total purchase price (1)	$	44.4

(1) The total consideration of the Merger was approximately $44.4, which was comprised of 3.4 million shares of the Company's common stock and cash paid to settle QES debt.

The Company has substantially integrated portions of the QES business and, as a result, it is not practicable to report stand-alone revenues and operating (loss) earnings of the QES business since the Merger date.

Unaudited Supplemental Pro Forma Information

The unaudited supplemental pro forma financial information has been provided for illustrative purposes only and does not purport to be indicative of the actual results that would have been achieved by combining the companies for the periods presented, or of the results that may be achieved by the combined companies in the future. Further, results may vary significantly from the results reflected in the following unaudited supplemental pro forma financial information because of future events and transactions, as well as other factors. The unaudited supplemental pro forma financial information does not include adjustments to reflect the impact of other cost savings or synergies that may result from the Merger.

On a pro forma basis to give effect to the Merger, as if it occurred on February 1, 2020, revenues, net loss and loss per diluted share for the three and six months ended July 31, 2020 would have been as follows:


	Unaudited Pro Forma
	Three Months Ended		Six Months Ended
	July 31, 2020		July 31, 2020
Revenues	$	54.5	$	212.7
Net loss	54.8		317.8
Loss per diluted share	6.52		38.76

Merger and Integration Costs

6 Months Ended

Jul. 31, 2021

Business Combinations [Abstract]

Merger and Integration Costs

Merger and integration costs were recorded separately from the acquisition of assets and assumptions of liabilities in the Merger. Merger costs consist of legal and professional fees and accelerated stock compensation expense. Integration costs consist of expenses to relocate corporate headquarters, integrate the QES business, reduce headcount, and consolidate service and support facilities.

Merger and integration costs totaled $0.5 for the three months ended July 31, 2021 compared to $26.5 for the three months ended July 31, 2020. $0.1 and $0.3 was recorded to cost of sales in the interim condensed consolidated statements of operations for the three months ended July 31, 2021 and 2020, respectively. $0.4 and $26.2 was recorded to selling, general and administrative expenses in the interim condensed consolidated statements of operations for the three months ended July 31, 2021 and 2020, respectively.

Merger and integration costs totaled $2.3 for the six months ended July 31, 2021 compared to $26.5 for the six months ended July 31, 2020. $1.2 and $0.3 was recorded to cost of sales in the interim condensed

consolidated statements of operations for the six months ended July 31, 2021 and 2020, respectively. $0.5 and $26.2 was recorded to selling, general and administrative expenses in the interim condensed consolidated statements of operations for the six months ended July 31, 2021 and 2020, respectively. Lease termination costs of $0.6 and nil was recorded to impairment and other charges in the interim condensed consolidated statements of operations for the six months ended July 31, 2021 and 2020, respectively.

As of July 31, 2021 and January 31, 2021, accrued lease termination costs were:


Beginning balance as of January 31, 2021	$	3.4
Charged (credited) to costs and expenses	0.6
Deductions	(0.9)
Balance as of April 30, 2021	3.1
Deductions	(0.6)
Ending balance as of July 31, 2021	$	2.5

The following table presents Merger and integration costs that were recorded for the three and six months ended July 31, 2021 and 2020 in the interim condensed consolidated statements of operations:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Merger costs	$	—	$	26.5	$	—	$	26.5
Integration costs	0.5		—		2.3		—
Total Merger and Integration Costs	$	0.5	$	26.5	$	2.3	$	26.5

Inventories, Net

6 Months Ended

Jul. 31, 2021

Inventory Disclosure [Abstract]

Inventories, Net

Inventories, net consisted of the following:


	July 31, 2021		January 31, 2021
Spare parts	$	14.3	$	13.5
Plugs	5.6		4.6
Consumables	2.5		2.8
Other	2.7		2.3
Subtotal	25.1		23.2
Inventory obsolescence reserve	(2.5)		(2.4)
Total inventories, net	$	22.6	$	20.8

Inventories are made up of composite and dissolvable plugs, spare parts and consumables used to perform services for customers. The Company values inventories at the lower of cost or net realizable value. Inventories are reported net of obsolescence reserves of $2.5 and $2.4 as of July 31, 2021 and January 31, 2021, respectively.

Property and Equipment, Net

6 Months Ended

Jul. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment consisted of the following:


	Useful Life (Years)			July 31, 2021		January 31, 2021
Land, buildings and improvements	1	—	40	$	41.0	$	43.7
Machinery	1	—	20	218.0		221.8
Furniture and equipment	1	—	15	182.2		183.2
Total property and equipment				441.2		448.7
Less accumulated depreciation				265.3		245.0
Property and equipment, net				$	175.9	$	203.7

Depreciation expense was $14.4 and $10.1 for the three months ended July 31, 2021 and 2020, respectively, and $29.7 and $25.3 for the six months ended July 31, 2021 and 2020, respectively.

Assets Held for Sale

As of July 31, 2021, the Company’s condensed consolidated balance sheet includes assets classified as held for sale of $3.4. The assets held for sale are reported within other current assets on the condensed consolidated balance sheet and represent the value of three operational facilities, corporate aircraft and select equipment. In light of the current market environment and as part of the ongoing integration of the QES business, the Company has consolidated operations within certain geographies rendering these locations unnecessary to support the efficient operations of the Company. These assets are being actively marketed for sale as of July 31, 2021 and are recorded at the lower of their carrying value or fair value less costs to sell. Subsequent to July 31, 2021, the Company has completed the sale of one operational facility with a carrying value of $0.7 for total sales proceeds of $0.7.

Goodwill and Intangible Assets, Net	6 Months Ended
Goodwill and Intangible Assets, Net	Jul. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	Goodwill and Intangible Assets, Net Amortization expense associated with intangible assets was $0.1 and $2.8 for the three months ended July 31, 2021 and 2020, respectively, and $0.2 and $3.8 for the six months ended July 31, 2021 and 2020, respectively. During the three months ended July 31, 2020, accelerated amortization of $2.7 was recognized related to the Company's customer contracts and relationships long-lived intangible. The remaining intangible balance will be amortized straight-line over 7.7 years. Goodwill and indefinite life intangible assets are tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of the asset has decreased below its carrying value. The oilfield service industry experienced an abrupt deterioration in demand during the second half of 2019, which continued into 2020. During the first quarter of 2020, the novel coronavirus (“COVID-19”) pandemic emerged and applied significant downward pressure on the global economy and oil demand and prices, leading North American operators to announce significant cuts to planned 2020 capital expenditures. The combination of the COVID-19 pandemic and supply concerns drove a steep drop in oil prices, leading to decreases in demand for the Company’s services and lower current and expected revenues for the Company. Based on the impairment indicators above, the Company performed a goodwill and long-lived asset impairment analysis during the three months ended April 30, 2020. The results of the impairment analysis concluded that the carrying amount of the long-lived assets exceeded the relative fair values of two of the reporting units' asset groups. As a result, the Company recorded a $180.4 long-lived asset impairment charge, $39.2 related to intangible assets and $141.2 related to property and equipment, which is included in the condensed consolidated statements of operations for the six months ended July 31, 2020. This charge reflects $91.3 and $89.1 of the long-lived assets attributable to the Southwest and Northeast/Mid-Con segments, respectively. Determining fair value requires the use of estimates and assumptions. Such estimates and assumptions include revenue growth rates, operating profit margins, weighted average cost of capital, terminal growth rates, future market share and future market conditions, among others. The Company’s cash flow projections were a significant input into the April 30, 2020 fair values. See Note 10 for additional information regarding the fair value determination. If the Company continues to be unable to achieve projected results or long-term projections are adjusted downward, it could negatively impact future valuations of the Company’s long-lived assets. The valuation of the Company and its reportable segments’ goodwill impairment test was estimated using the guideline public company analysis and the discounted cash flow analysis, which were equally weighted in the fair value analysis. See Note 10 for additional information regarding the fair value determination. The results of the goodwill impairment test as of April 30, 2020 indicated that goodwill was impaired because the carrying value of the Rocky Mountains reporting unit exceeded its relative fair value. Accordingly, the Company recorded a $28.3 goodwill impairment charge, which is included in the condensed consolidated statements of operations for the six months ended July 31, 2020. This charge reflects the full value of the goodwill attributable to the Rocky Mountains segment, leaving the Company with no goodwill. No impairment indicators were identified for the quarter ended July 31, 2021.

Accrued Liabilities

6 Months Ended

Jul. 31, 2021

Payables and Accruals [Abstract]

Accrued Liabilities

Accrued liabilities consisted of the following:


	July 31, 2021		January 31, 2021
Accrued salaries, vacation and related benefits	$	16.7	$	14.3
Accrued property taxes	2.9		1.8
Accrued incentive compensation	0.4		1.9
Accrued lease termination costs	2.5		3.4
Other accrued liabilities	5.7		7.8
Total accrued liabilities	$	28.2	$	29.2

Long-Term Debt

6 Months Ended

Jul. 31, 2021

Debt Disclosure [Abstract]

Long-Term Debt

Outstanding debt and capital lease obligations consisted of the following:


	July 31, 2021		January 31, 2021
Notes	$	250.0	$	250.0
ABL Facility	30.0		—
Capital lease obligations	5.3		6.3
Total principal outstanding	285.3		256.3
Unamortized debt issuance costs	5.6		6.1
Total debt, net	279.7		250.2
Current portion of capital lease obligations	1.9		1.9
Long-term portion of debt and capital lease obligations	$	277.8	$	248.3

As of July 31, 2021, long-term debt consisted of $250.0 principal amount of 11.5% senior secured notes due 2025 (the “Notes”) offered pursuant to Rule 144A under the Securities Act of 1933 (as amended, the “Securities Act”) and to certain non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act. On a net basis, after taking into consideration the debt issuance costs for the Notes, total debt related to the Notes as of July 31, 2021 was $244.4. The Notes bear interest at an annual rate of 11.5%, payable semi-annually in arrears on May 1 and November 1. Accrued interest as of July 31, 2021 was $7.2.

As of July 31, 2021, the Company also had a $100.0 asset-based revolving credit facility pursuant to a senior secured credit agreement dated August 10, 2018 (the “ABL Facility”). The ABL Facility became effective on September 14, 2018 and matures in September 2023. On October 22, 2018, the ABL Facility was amended primarily to permit the Company to issue the Notes and acquire Motley Services, LLC (“Motley”) and the definition of the required ratio (as defined in the ABL Facility) was also amended as a result of the Notes issuance.

The ABL Facility is tied to a borrowing base formula and has no maintenance financial covenants as long as the minimum level of borrowing availability is maintained. The ABL Facility is secured by, among other things, a first priority lien on the Company’s accounts receivable and inventory and contains customary conditions precedent to borrowing and affirmative and negative covenants.

The ABL Facility includes a springing financial covenant which requires the Company’s consolidated fixed charge coverage ratio (“FCCR”) to be at least 1.0 to 1.0 if availability falls below the greater of $10.0 or 15% of the borrowing base. At all times during the six months ended July 31, 2021, availability exceeded this threshold, and the Company was not subject to this financial covenant. As of July 31, 2021, the FCCR was below 1.0 to 1.0. The Company was in full compliance with its credit facility as of July 31, 2021.

Borrowings outstanding under the ABL Facility were $30.0 as of July 31, 2021 and bear interest at a rate equal to LIBOR plus the applicable margin (as defined in the ABL Facility). The effective interest rate under the ABL Facility was approximately 4.75% on July 31, 2021. Total letters of credit outstanding under the ABL Facility were $6.6 at July 31, 2021. Accrued interest under the ABL Facility was $0.2 as of July 31, 2021.

Availability under the ABL Facility, net of $10.0 FCCR holdback, was $17.8 based on the July 31, 2021 borrowing base certificate.

Capital Lease Obligations

The Company acquired QES's long-term capital lease agreements in the Merger. The leases are for a manufacturing and office facility supporting completion operations in Oklahoma City, Oklahoma and Elk City,

Oklahoma and have 20 year lease terms. The Company also leases certain vehicles, machinery and service equipment under capital leases. The capital lease obligations for these assets have lease terms ranging from 36 months to 55 months, and the interest rates range between 3.0% to 7.0%.

Total capital lease obligations were $5.3 as of July 31, 2021.

Fair Value Information

6 Months Ended

Jul. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value Information

All financial instruments are carried at amounts that approximate estimated fair value. The fair value is the price at which an asset could be exchanged in a current transaction between knowledgeable, willing parties. Assets measured at fair value are categorized based upon the lowest level of significant input to the valuations.

Level 1 – quoted prices in active markets for identical assets and liabilities.

Level 2 – quoted prices for identical assets and liabilities in markets that are not active or observable inputs other than quoted prices in active markets for identical assets and liabilities.

Level 3 – unobservable inputs in which there is little or no market data available, which require the reporting entity to develop its own assumptions.

The carrying amounts of cash and cash equivalents, accounts receivable-trade and accounts payable represent their respective fair values due to their short-term nature. The fair value of the ABL Facility approximates its carrying value as of July 31, 2021.

The following tables present the placement in the fair value hierarchy of the Notes, based on market prices for publicly traded debt, as of July 31, 2021 and January 31, 2021:


			Fair value measurements at reporting date using
	July 31, 2021		Level 1		Level 2		Level 3
Senior Secured Notes, 11.5 Percent Due 2025	$	162.5	$	—	$	162.5	$	—


Total Senior Secured Notes	$	162.5	$	—	$	162.5	$	—


			Fair value measurements at reporting date using
	January 31, 2021		Level 1		Level 2		Level 3
Senior Secured Notes, 11.5 Percent Due 2025	$	132.5	$	—	$	132.5	$	—


Total Senior Secured Notes	$	132.5	$	—	$	132.5	$	—

During the three months ended April 30, 2020, goodwill and long-lived assets, including certain property and equipment and purchased intangibles subject to amortization, were impaired as a result of the first quarter 2020 interim goodwill and long-lived asset impairment tests. The goodwill Level 3 fair value was determined using the average of the guideline public company analysis and the discounted cash flow analysis, both of which were unobservable. The long-lived asset Level 3 fair value was determined using the discounted cash flow analysis using the market and income approaches, both of which were unobservable.

Fair value is measured as of the impairment date. The carrying value and fair values of the impaired assets as of April 30, 2020 was $194.0 and $52.8 for property and equipment, net, $28.3 and nil for goodwill, and $39.2 and nil for intangible assets, net, respectively. See Note 7 for a discussion of the changes in goodwill and long-lived asset values due to impairment charges recorded during the three months ended April 30, 2020.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments, Contingencies and Off-Balance Sheet Arrangements	6 Months Ended
	Jul. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Off-Balance-Sheet Arrangements	Commitments, Contingencies and Off-Balance-Sheet Arrangements Lease Commitments The Company finances its use of certain facilities and equipment under committed lease arrangements provided by various institutions. Since the terms of these arrangements meet the accounting definition of operating lease arrangements, the aggregate sum of future minimum lease payments is not reflected on the consolidated balance sheets. At July 31, 2021, future minimum lease payments under these arrangements approximated $66.6 of which $25.7 is related to long-term real estate leases and $25.6 is related to long-term coiled tubing unit leases. Environmental Regulations & Liabilities The Company is subject to various federal, state and local environmental laws and regulations that establish standards and requirements for the protection of the environment. The Company continues to monitor the status of these laws and regulations. However, the Company cannot predict the future impact of such laws and regulations, as well as standards and requirements, on its business, which are subject to change and can have retroactive effectiveness. Currently, the Company has not been fined, cited or notified of any environmental violations or liabilities that would have a material adverse effect on its condensed consolidated financial statement position, results of operations, liquidity or capital resources. However, management does recognize that by the very nature of its business, material costs could be incurred in the future to maintain compliance. The amount of such future expenditures is not determinable due to several factors, including the unknown magnitude of possible regulation or liabilities, the unknown timing and extent of the corrective actions that may be required, the determination of the Company’s liability in proportion to other responsible parties and the extent to which such expenditures are recoverable from insurance or indemnification. Litigation The Company is at times either a plaintiff or a defendant in various legal actions arising in the normal course of business, the outcomes of which, in the opinion of management, neither individually nor in the aggregate are likely to result in a material adverse effect on the Company’s condensed consolidated financial statements. On March 9, 2021, the Company filed claims in the District Court of Harris, County Texas against Magellan E&P Holdings, Inc. ("Magellan"), Redmon-Keys Insurance Group, Inc. ("Redmon") and certain underwriters at Lloyd's ("Underwriters") to recover $4.6 owed on invoices duly issued by the Company for services rendered on behalf of defendants in response to an offshore well blowout near Bob Hall Pier in Corpus Christi, Texas. Magellan did not dispute the invoices or the charges therein but alleged an inability to pay prior to obtaining funding from Underwriters under Magellan's Owner's Extra Expense ("OEE") policy. An OEE policy is an industry norm to provide insurance coverage in the event of a blowout. Magellan's OEE policy has a limit of $20.0. We believe that total invoices issued to Magellan by its blowout vendors total $14.3 and are within policy limits. The Company's Texas court action includes claims against Magellan and as an additional insured under the OEE policy and also against Redmon-Keys as Magellan's broker who issued the additional insured certificate to the Company. On March 19, 2021, Underwriters filed a declaratory judgment action in the United States District Court for the Southern District of Texas seeking a declaration that approximately $7.4 of the total $14.3 in blowout related expenses fall outside of policy coverage referencing a date on which they believe coverage ceased to apply. The Company disputes Underwriters' allegations on coverage and will likely litigate the issue in one or more court actions. Nonetheless, we note here that approximately $2.3 or half of the Company's total $4.6 in invoice to Magellan relate to services rendered and materials provided prior to the coverage dispute date alleged by Underwriters. In its declaratory judgment action, Underwriters further alleged that it had made some payments to Magellan. As Magellan had not made onward payments to the Company, the Company filed a request for a Temporary Restraining Order ("TRO") against Magellan in its Texas state court lawsuit. On March 30, 2021, hours before the TRO hearing, Magellan filed for bankruptcy pursuant to Chapter 7 of the U.S. bankruptcy code. The Company believes that the OEE policy is now an asset of the Chapter 7 estate. Since the Chapter 7 filing by Magellan, the U.S. Trustee has begun to advance claims against the Underwriter syndicate. Underwriters will now pay an additional $1.2 of insured expense while continuing to dispute an additional $7.4 of expenses claimed by Magellan. We expect that the Trustee will continue to pursue the remaining $7.4 from Underwriters as well as preference claims for monies paid by Magellan in the months leading up to its bankruptcy for which the Company has no exposure. Additionally, the Trustee will evaluate claims against Magellan’s former directors and officers. Separately, KLXE is continuing to discuss its alleged claims against Redmon based on the representations made by Redmon relative to the certificate of insurance it issued to KLXE as an ‘additional insured’. The bankruptcy proceedings are in their initial stages. During the year ended January 31, 2021, the Company reserved the full amount of its invoices totaling $4.6 as a prudent action in light of the Chapter 7 filing. These invoices remain fully reserved as of July 31, 2021. However, we believe that the proceeds from the OEE policy will ultimately be allocated to the blowout creditors and KLXE will be offering our support to the U.S. Trustee in its pursuit of full recovery under the OEE policy from Underwriters. Indemnities, Commitments and Guarantees During its ordinary course of business, the Company has made certain indemnities, commitments and guarantees under which it may be required to make payments in relation to certain transactions. These indemnities include indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease, as well as indemnities to other parties to certain acquisition agreements. The duration of these indemnities, commitments and guarantees varies and, in certain cases, is indefinite. Many of these indemnities, commitments and guarantees provide for limitations on the maximum potential future payments the Company could be obligated to make. However, the Company is unable to estimate the maximum amount of liability related to its indemnities, commitments and guarantees because such liabilities are contingent upon the occurrence of events that are not reasonably determinable. Management believes that any liability for these indemnities, commitments and guarantees would not be material to the accompanying condensed consolidated financial statements. Accordingly, no significant amounts have been accrued for indemnities, commitments and guarantees.

Stockholders' Equity (Deficit)	6 Months Ended
Stockholders' Equity (Deficit)	Jul. 31, 2021
Share-based Payment Arrangement [Abstract]
Stockholders' Equity (Deficit)	Stockholders' Equity (Deficit) Equity Distribution Agreement On June 14, 2021, the Company entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Piper Sandler & Co. as sales agent (the “Agent”). Pursuant to the terms of the Equity Distribution Agreement, the Company may sell from time to time through the Agent (the “Offering”) the Company’s common stock, par value $0.01 per share, having an aggregate offering price of up to $50.0 (the “Common Stock”). Any Common Stock offered and sold in the Offering will be issued pursuant to the Company’s shelf registration statement on Form S-3 (Registration No. 333-256149) filed with the SEC on May 14, 2021 and declared effective on June 11, 2021 (the “Registration Statement”), the prospectus supplement relating to the Offering filed with the SEC on June 14, 2021 and any applicable additional prospectus supplements related to the Offering that form a part of the Registration Statement. Sales of Common Stock under the Equity Distribution Agreement may be made in any transactions that are deemed to be “at the market offerings” as defined in Rule 415 under the Securities Act of 1933, as amended (the “Securities Act”). The Equity Distribution Agreement contains customary representations, warranties and agreements by the Company, indemnification obligations of the Company and the Agent, including for liabilities under the Securities Act, other obligations of the parties and termination provisions. Under the terms of the Equity Distribution Agreement, the Company will pay the Agent a commission equal to 3.0% of the gross sales price of the Common Stock sold. The Company plans to use the net proceeds from the Offering, after deducting the Agent’s commissions and the Company’s offering expenses, for general corporate purposes, which may include, among other things, paying or refinancing all or a portion of the Company’s then-outstanding indebtedness, and funding acquisitions, capital expenditures and working capital. During the three and six months ended July 31, 2021, the Company sold 60,216 shares of Common Stock in exchange for gross proceeds of approximately $0.6 through its at-the-market offering and paid fees to the sales agent and other legal and accounting fees to establish the Offering of $0.6. Going forward, we expect the legal and accounting costs to maintain the Offering will be lower than what we incurred to establish the Offering in the second fiscal quarter. Stock-Based Compensation The Company has a Long-Term Incentive Plan (“LTIP”) under which the compensation committee of the Board (the “Compensation Committee”) has the authority to grant stock options, stock appreciation rights, restricted stock, restricted stock units or other forms of equity-based or equity-related awards. Compensation cost for the LTIP grants is generally recorded on a straight-line basis over the vesting term of the shares based on the grant date value using the closing trading price. On February 12, 2021, the stockholders of KLXE approved the KLX Energy Services Holdings, Inc. Long-Term Incentive Plan (Amended and Restated as of December 2, 2020) (the “Amended and Restated LTIP”), which, among other things, increased the total number of shares of Company Common Stock, par value $0.01 per share, and reserved for issuance under the Amended and Restated LTIP by 632,051 shares. A description of the Amended and Restated LTIP is included in the Company’s proxy statement, filed with the SEC on January 11, 2021. Compensation cost recognized during the three and six months ended July 31, 2021 and 2020 was related to grants of restricted stock as approved by the Compensation Committee. Certain grants of restricted stock to directors and management accelerated in connection with the Merger on July 28, 2020, resulting in approximately $15.1 of stock based compensation expense during the three months ended July 31, 2020. Stock-based compensation was $1.0 and $17.4 for the three months ended July 31, 2021 and 2020, respectively and $1.8 and $16.7 for the six months ended July 31, 2021 and 2020, respectively. Unrecognized compensation cost related to restricted stock awards made by the Company was $7.8 at July 31, 2021. As of the date of the QES acquisition, each unvested QES restricted stock unit award was converted into a replacement 0.0969 KLXE restricted stock unit award. Approximately 2.0 million shares of QES common stock subject to awards outstanding were converted to 0.2 million shares of common stock assumed by KLXE.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Income Taxes	6 Months Ended
Income Taxes	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was $0.1 and $0.2 for the three and six months ended July 31, 2021, respectively, and was comprised primarily of state and local taxes, compared to nil and $0.1 for the three and six months ended July 31, 2020, respectively. The Company has a valuation allowance against its deferred tax balances, and as a result, it was unable to recognize a tax benefit on its year to date losses. In response to the COVID-19 pandemic, many governments have enacted or are contemplating measures to provide aid and economic stimulus. These measures may include deferring the due dates of tax payments or other changes to their income and non-income-based tax laws. The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which was enacted on March 27, 2020 in the United States, includes measures to assist companies. Under the CARES Act, the Company has deferred the employer portion of FICA tax payments of $3.8 as of July 31, 2021. This deferral is included on the condensed consolidated balance sheet. Accrued and other non-current liabilities each had a balance of $1.9 as of July 31, 2021. These payments are due in two installments: half on December 31, 2021; and half on December 31, 2022. The American Rescue Plan Act of 2021 (the "ARP”) enacted on March 11, 2021, in the United States, responds to the continued economic and health impacts of the COVID-19 pandemic. The ARP includes a wide variety of tax and non-tax provisions. The Company does not anticipate any material impacts from this legislation. The Company continues to monitor additional guidance issued by the U.S. Treasury Department, the Internal Revenue Service and others.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Segment Reporting

6 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Segment Reporting

The Company is organized on a geographic basis. The Company’s reportable segments, which are also its operating segments, are comprised of the Southwest Region (the Permian Basin and the Eagle Ford Shale), the Rocky Mountains Region (the Bakken, Williston, DJ, Uinta, Powder River, Piceance and Niobrara basins) and the Northeast/Mid-Con Region (the Marcellus and Utica Shale as well as the Mid-Continent STACK and SCOOP and Haynesville Shale). The segments regularly report their results of operations and make requests for capital expenditures and acquisition funding to the CODM. As a result, the Company has three reportable segments.

The following table presents revenues and operating loss by reportable segment:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Revenues
Rocky Mountains	$	33.6	$	18.0	$	57.9	$	51.8
Southwest	43.0		4.2		81.0		28.6
Northeast/Mid-Con	35.3		14.0		63.8		38.8
Total revenues	111.9		36.2		202.7		119.2
Operating loss (1)
Rocky Mountains	(2.2)		(6.7)		(9.4)		(40.7)
Southwest	(3.7)		(7.2)		(11.2)		(105.3)
Northeast/Mid-Con	(3.8)		(5.4)		(10.6)		(100.1)
Corporate and other (1)	(7.2)		6.5		(14.6)		(2.3)
Total operating loss	(16.9)		(12.8)		(45.8)		(248.4)
Interest expense, net	8.0		7.6		15.8		15.0
Loss before income tax	$	(24.9)	$	(20.4)	$	(61.6)	$	(263.4)

(1) Historically, and through July 31, 2020, the Company’s total corporate overhead costs were allocated and reported within each reportable segment. During the third quarter of 2020, the Company changed the corporate overhead allocation methodology to include corporate costs incurred on behalf of its operating segments, which includes accounts payable, accounts receivable, insurance, audit, supply chain, health, safety and environmental and others. The remaining

unallocated corporate costs are reported as a reconciling item. The change will better reflect the CODM’s philosophy on assessing performance and allocating resources, as well as improve comparability to the Company’s peer group.

The following tables present revenues by service offering by reportable segment:


	Three Months Ended
	July 31, 2021								July 31, 2020
	Rocky Mountains		Southwest		Northeast /Mid-Con		Total		Rocky Mountains		Southwest		Northeast /Mid-Con		Total
Drilling	$	2.3	$	18.6	$	11.1	$	32.0	$	—	$	0.4	$	3.3	$	3.7
Completion	18.7		14.5		18.0		51.2		12.0		1.3		6.0		19.3
Production	8.1		5.8		2.8		16.7		4.2		1.2		2.8		8.2
Intervention	4.5		4.1		3.4		12.0		1.8		1.3		1.9		5.0
Total revenues	$	33.6	$	43.0	$	35.3	$	111.9	$	18.0	$	4.2	$	14.0	$	36.2


	Six Months Ended
	July 31, 2021								July 31, 2020
	Rocky Mountains		Southwest		Northeast /Mid-Con		Total		Rocky Mountains		Southwest		Northeast /Mid-Con		Total
Drilling	$	3.3	$	33.1	$	20.3	$	56.7	$	0.1	$	2.0	$	8.5	$	10.6
Completion	33.0		30.7		32.4		96.1		32.6		16.7		17.6		66.9
Production	13.7		9.7		5.2		28.6		13.1		4.1		6.7		23.9
Intervention	7.9		7.5		5.9		21.3		6.0		5.8		6.0		17.8
Total revenues	$	57.9	$	81.0	$	63.8	$	202.7	$	51.8	$	28.6	$	38.8	$	119.2

The following table presents capital expenditures by reportable segment:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Rocky Mountains	$	1.2	$	1.6	$	1.9	$	3.5
Southwest	1.1		0.8		1.9		2.1
Northeast/Mid-Con	1.1		0.6		1.8		1.6
Corporate and other	0.1		0.7		0.1		1.3
Total capital expenditures	$	3.5	$	3.7	$	5.7	$	8.5

The following table presents total assets by segment:


	July 31, 2021		January 31, 2021
Rocky Mountains	$	134.9	$	121.1
Southwest	89.0		91.6
Northeast/Mid-Con	68.1		98.1
Total segment assets	292.0		310.8
Corporate and other	42.6		51.9
Total assets	$	334.6	$	362.7

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Net Loss Per Common Share

6 Months Ended

Jul. 31, 2021

Earnings Per Share [Abstract]

Net Loss Per Common Share

Basic net loss per common share is computed using the weighted average common shares outstanding during the period. Diluted net loss per common share is computed by using the weighted average common shares outstanding, including the dilutive effect of restricted shares based on an average share price during the period. For the three months ended July 31, 2021 and 2020, 0.5 and 0.7 million shares of the Company’s common stock, respectively, and for the six months ended July 31, 2021 and 2020, 0.4 and 0.7 million shares of the Company’s common stock, respectively, were excluded from the determination of diluted net loss per common share because their effect would have been anti-dilutive. The computations of basic and diluted net loss per share for the three and six months ended July 31, 2021 and 2020 are as follows:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Net loss	$	(25.0)	$	(20.4)	$	(61.8)	$	(263.5)
(Shares in millions)
Basic weighted average common shares	8.4		5.0		8.4		4.8
Diluted weighted average common shares	8.4		5.0		8.4		4.8

Basic net loss per common share	$	(2.98)	$	(4.12)	$	(7.39)	$	(55.00)
Diluted net loss per common share	$	(2.98)	$	(4.12)	$	(7.39)	$	(55.00)

Description of Business and Basis of Presentation (Policies)	6 Months Ended
	Jul. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. All adjustments which, in the opinion of the Company’s management, are considered necessary for a fair presentation of the results of operations for the periods shown are of a normal recurring nature and have been reflected in the condensed consolidated financial statements. The results of operations for the periods presented are not necessarily indicative of the results expected for the full fiscal year 2021 or for any future period. The information included in these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s 2020 Annual Report on Form 10-K filed with the SEC on April 28, 2021. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and related disclosures. Actual results could differ from those estimates. The accompanying unaudited condensed consolidated financial statements present the consolidated KLXE and QES financial position as of July 31, 2021 and January 31, 2021. Combined results for both legacy KLXE and legacy QES are included for the entire period in the condensed consolidated statements of operations and cash flows for the three and six months ended July 31, 2021. The condensed consolidated statements of operations and cash flows for the three and six months ended July 31, 2020 includes QES’s results for the final three days of the Company's second fiscal quarter, July 29, 2020 through July 31, 2020.
Depreciation and Amortization	Depreciation and Amortization The Company changed its presentation of depreciation and amortization expense in the first quarter of 2021. Depreciation and amortization expense is presented separately from cost of sales and selling, general, and administrative expenses. Prior period results have been reclassified to conform with current presentation.
Segment Reporting	Segment Reporting During the third quarter of 2020, the Company changed its presentation of reportable segments related to the allocation of corporate overhead costs to reflect the presentation used by the Company's chief operational decision-making group ("CODM") to make decisions about resources to be allocated to the Company’s reportable segments and to assess segment performance. Historically, and through July 31, 2020, the Company’s total corporate overhead costs were allocated and reported within each reportable segment. Starting in the third quarter of 2020, the Company changed the corporate overhead allocation methodology to only include corporate costs incurred on behalf of its operating segments, which includes accounts payable, accounts receivable, insurance, audit, supply chain, health, safety and environmental and others. The remaining unallocated corporate costs are reported as a reconciling item in the Company’s segment reporting disclosures. See Note 14 for additional information. As a result of the change in presentation, the total corporate overhead costs allocated for the three and six months ended July 31, 2020 to the Company’s three reportable segments increased by $6.5 and decreased by $2.3, respectively. The Company also changed its presentation of service offering revenues. Historically, and through July 31, 2020, the Company’s service offering revenues included revenues from the completion, production and intervention market types within segment reporting. During the third quarter of 2020, the Company changed the presentation of its service offering revenues by separately reporting a drilling market type revenue, which includes directional drilling, drilling accommodation units and related drilling support services. The reclassifications are retroactively reported in the Company’s segment reporting disclosures to reflect the drilling revenue change and use of the information by the Company’s CODM. For the three and six months ended July 31, 2020, the total drilling revenues reported within segment reporting was $3.7 and $10.6, respectively. These changes in the Company’s corporate allocation method and service offering revenue disclosures have no net impact to the condensed consolidated financial statements. The change better reflects the CODM’s philosophy on assessing performance and allocating resources as well as improves the Company’s comparability to its peer group.
Recent Accounting Pronouncements	In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (“Topic 848”): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. This ASU provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting and, particularly, the risk of cessation of the London Interbank Offered Rate (“LIBOR”). The amendments in this ASU are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. The expedients and exceptions provided by the amendments in this ASU are effective for all entities, if elected, through December 31, 2022. While the exact impact of this standard is not known, the guidance is not expected to have a material impact on the Company’s condensed consolidated financial statements. In December 2019, FASB issued ASU 2019-12, Income Taxes (“Topic 740”): Simplifying the Accounting for Income Taxes. This ASU is intended to simplify aspects of income tax approach for intraperiod tax allocations when there is a loss from continuing operations and income or a gain from other items, and to provide a general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Topic 740 also provides guidance to simplify how an entity recognizes a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, and evaluations of when step ups in the tax basis of goodwill should be considered part of a business combination. Companies should also reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date. The guidance is effective for the Company for the fiscal year beginning February 1, 2022. While the exact impact of this standard is not known, the guidance is not expected to have a material impact on the Company’s condensed consolidated financial statements. In June 2016, FASB issued ASU 2016-13, Financial Instruments - Credit Losses (“Topic 326”): Measurement of Credit Losses on Financial Instruments. This ASU is intended to update the measurement of credit losses on financial instruments. This update improves financial reporting by requiring earlier recognition of credit losses on financing receivables and other financial assets in scope by using the Current Expected Credit Losses (“CECL”) model. This guidance is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. The new accounting standard introduces the CECL methodology for estimating allowances for credit losses. The Company is an oilfield service company and as of July 31, 2021 had a third-party accounts receivable balance, net of allowance, of $79.1. Topic 326 is not expected to have a material impact on the Company’s condensed consolidated financial statements. In February 2016, FASB issued ASU 2016-02, Leases (“Topic 842”), which supersedes ASC Topic 840, Leases. Topic 842 requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. Topic 842 will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. In November 2019, FASB deferred the effective date for implementation of Topic 842 by one year and, in June 2020, FASB deferred the effective date by an additional year. The guidance under Topic 842 is effective for fiscal years beginning after December 15, 2021 and interim periods within fiscal years beginning after December 15, 2022. Earlier adoption is permitted. To assess the impact of this guidance, the Company has established a cross functional implementation project team and is currently in the process of accumulating and evaluating all the necessary information required to properly account for its lease portfolio under the new standard. The Company is in the process of developing its new accounting policies and determining the potential aggregate impact this guidance is likely to have on its condensed consolidated financial statements as of its adoption date.

Business Combinations (Tables)

6 Months Ended

Jul. 31, 2021

Business Combinations [Abstract]

Schedule of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the final fair values of assets acquired and liabilities assumed in the Merger in accordance with ASC 805:


	QES
Cash	$	8.7
Accounts receivable-trade	12.2
Inventories	11.8
Other current and non-current assets	7.4
Property and equipment	84.2


Accounts payable	(27.1)

Other current and non-current liabilities	(13.0)
Bargain purchase	(39.8)
Total purchase price (1)	$	44.4

(1) The total consideration of the Merger was approximately $44.4, which was comprised of 3.4 million shares of the Company's common stock and cash paid to settle QES debt.

Schedule of proforma information of revenues and net earnings (loss)


	Unaudited Pro Forma
	Three Months Ended		Six Months Ended
	July 31, 2020		July 31, 2020
Revenues	$	54.5	$	212.7
Net loss	54.8		317.8
Loss per diluted share	6.52		38.76

Merger and Integration Costs (Tables)

6 Months Ended

Jul. 31, 2021

Business Combinations [Abstract]

Summary of Accrued Lease Termination Costs

As of July 31, 2021 and January 31, 2021, accrued lease termination costs were:


Beginning balance as of January 31, 2021	$	3.4
Charged (credited) to costs and expenses	0.6
Deductions	(0.9)
Balance as of April 30, 2021	3.1
Deductions	(0.6)
Ending balance as of July 31, 2021	$	2.5

Schedule of Merger and Integration Costs

The following table presents Merger and integration costs that were recorded for the three and six months ended July 31, 2021 and 2020 in the interim condensed consolidated statements of operations:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Merger costs	$	—	$	26.5	$	—	$	26.5
Integration costs	0.5		—		2.3		—
Total Merger and Integration Costs	$	0.5	$	26.5	$	2.3	$	26.5

Inventories, Net (Tables)

6 Months Ended

Jul. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories, net consisted of the following:


	July 31, 2021		January 31, 2021
Spare parts	$	14.3	$	13.5
Plugs	5.6		4.6
Consumables	2.5		2.8
Other	2.7		2.3
Subtotal	25.1		23.2
Inventory obsolescence reserve	(2.5)		(2.4)
Total inventories, net	$	22.6	$	20.8

Property and Equipment, Net (Tables)

6 Months Ended

Jul. 31, 2021

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment consisted of the following:


	Useful Life (Years)			July 31, 2021		January 31, 2021
Land, buildings and improvements	1	—	40	$	41.0	$	43.7
Machinery	1	—	20	218.0		221.8
Furniture and equipment	1	—	15	182.2		183.2
Total property and equipment				441.2		448.7
Less accumulated depreciation				265.3		245.0
Property and equipment, net				$	175.9	$	203.7

Accrued Liabilities (Tables)

6 Months Ended

Jul. 31, 2021

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following:


	July 31, 2021		January 31, 2021
Accrued salaries, vacation and related benefits	$	16.7	$	14.3
Accrued property taxes	2.9		1.8
Accrued incentive compensation	0.4		1.9
Accrued lease termination costs	2.5		3.4
Other accrued liabilities	5.7		7.8
Total accrued liabilities	$	28.2	$	29.2

Long-Term Debt (Tables)

6 Months Ended

Jul. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Outstanding debt and capital lease obligations consisted of the following:


	July 31, 2021		January 31, 2021
Notes	$	250.0	$	250.0
ABL Facility	30.0		—
Capital lease obligations	5.3		6.3
Total principal outstanding	285.3		256.3
Unamortized debt issuance costs	5.6		6.1
Total debt, net	279.7		250.2
Current portion of capital lease obligations	1.9		1.9
Long-term portion of debt and capital lease obligations	$	277.8	$	248.3

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69B
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69E
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644

+ Details

Fair Value Measures and Disclosures (Tables)

6 Months Ended

Jul. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value, Liabilities Measured on Recurring Basis

The following tables present the placement in the fair value hierarchy of the Notes, based on market prices for publicly traded debt, as of July 31, 2021 and January 31, 2021:


			Fair value measurements at reporting date using
	July 31, 2021		Level 1		Level 2		Level 3
Senior Secured Notes, 11.5 Percent Due 2025	$	162.5	$	—	$	162.5	$	—


Total Senior Secured Notes	$	162.5	$	—	$	162.5	$	—


			Fair value measurements at reporting date using
	January 31, 2021		Level 1		Level 2		Level 3
Senior Secured Notes, 11.5 Percent Due 2025	$	132.5	$	—	$	132.5	$	—


Total Senior Secured Notes	$	132.5	$	—	$	132.5	$	—

Segment Reporting (Tables)

6 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Revenues and Other Financial Information by Business Segment

The following table presents revenues and operating loss by reportable segment:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Revenues
Rocky Mountains	$	33.6	$	18.0	$	57.9	$	51.8
Southwest	43.0		4.2		81.0		28.6
Northeast/Mid-Con	35.3		14.0		63.8		38.8
Total revenues	111.9		36.2		202.7		119.2
Operating loss (1)
Rocky Mountains	(2.2)		(6.7)		(9.4)		(40.7)
Southwest	(3.7)		(7.2)		(11.2)		(105.3)
Northeast/Mid-Con	(3.8)		(5.4)		(10.6)		(100.1)
Corporate and other (1)	(7.2)		6.5		(14.6)		(2.3)
Total operating loss	(16.9)		(12.8)		(45.8)		(248.4)
Interest expense, net	8.0		7.6		15.8		15.0
Loss before income tax	$	(24.9)	$	(20.4)	$	(61.6)	$	(263.4)

Schedule of Revenues by Service Offering by Reportable Segment

The following tables present revenues by service offering by reportable segment:


	Three Months Ended
	July 31, 2021								July 31, 2020
	Rocky Mountains		Southwest		Northeast /Mid-Con		Total		Rocky Mountains		Southwest		Northeast /Mid-Con		Total
Drilling	$	2.3	$	18.6	$	11.1	$	32.0	$	—	$	0.4	$	3.3	$	3.7
Completion	18.7		14.5		18.0		51.2		12.0		1.3		6.0		19.3
Production	8.1		5.8		2.8		16.7		4.2		1.2		2.8		8.2
Intervention	4.5		4.1		3.4		12.0		1.8		1.3		1.9		5.0
Total revenues	$	33.6	$	43.0	$	35.3	$	111.9	$	18.0	$	4.2	$	14.0	$	36.2


	Six Months Ended
	July 31, 2021								July 31, 2020
	Rocky Mountains		Southwest		Northeast /Mid-Con		Total		Rocky Mountains		Southwest		Northeast /Mid-Con		Total
Drilling	$	3.3	$	33.1	$	20.3	$	56.7	$	0.1	$	2.0	$	8.5	$	10.6
Completion	33.0		30.7		32.4		96.1		32.6		16.7		17.6		66.9
Production	13.7		9.7		5.2		28.6		13.1		4.1		6.7		23.9
Intervention	7.9		7.5		5.9		21.3		6.0		5.8		6.0		17.8
Total revenues	$	57.9	$	81.0	$	63.8	$	202.7	$	51.8	$	28.6	$	38.8	$	119.2

Capital Expenditures by Reportable Segment

The following table presents capital expenditures by reportable segment:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Rocky Mountains	$	1.2	$	1.6	$	1.9	$	3.5
Southwest	1.1		0.8		1.9		2.1
Northeast/Mid-Con	1.1		0.6		1.8		1.6
Corporate and other	0.1		0.7		0.1		1.3
Total capital expenditures	$	3.5	$	3.7	$	5.7	$	8.5

Total Assets by Reportable Segment

The following table presents total assets by segment:


	July 31, 2021		January 31, 2021
Rocky Mountains	$	134.9	$	121.1
Southwest	89.0		91.6
Northeast/Mid-Con	68.1		98.1
Total segment assets	292.0		310.8
Corporate and other	42.6		51.9
Total assets	$	334.6	$	362.7

Net Loss Per Common Share (Tables)

6 Months Ended

Jul. 31, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Loss Per Share

The computations of basic and diluted net loss per share for the three and six months ended July 31, 2021 and 2020 are as follows:


	Three Months Ended				Six Months Ended
	July 31, 2021		July 31, 2020		July 31, 2021		July 31, 2020
Net loss	$	(25.0)	$	(20.4)	$	(61.8)	$	(263.5)
(Shares in millions)
Basic weighted average common shares	8.4		5.0		8.4		4.8
Diluted weighted average common shares	8.4		5.0		8.4		4.8

Basic net loss per common share	$	(2.98)	$	(4.12)	$	(7.39)	$	(55.00)
Diluted net loss per common share	$	(2.98)	$	(4.12)	$	(7.39)	$	(55.00)

Description of Business and Basis of Presentation (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) service_facility segment	Jul. 31, 2020 USD ($) segment
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of service facilities \| service_facility			50
Number of reportable segments \| segment			3	3
Increase (decrease) in corporate overhead	$ (16.9)	$ (12.8)	$ (45.8)	$ (248.4)
Revenues	111.9	36.2	202.7	119.2
Drilling
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Revenues	32.0	3.7	56.7	10.6
Corporate And Reconciling Items
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Increase (decrease) in corporate overhead	$ (7.2)	6.5	$ (14.6)	(2.3)
Corporate And Reconciling Items \| Revision of Prior Period, Reclassification, Adjustment
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Increase (decrease) in corporate overhead		$ 6.5		$ (2.3)

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Accounts receivable	$ 79.1	$ 67.0

Business Combinations - QES Merger (Details) - USD ($) $ in Millions		12 Months Ended
	Jul. 28, 2020	Jan. 31, 2021
Business Combinations
Number of securities issued for each share of common stock (in shares)	0.0969
QES Merger
Business Combinations
Total consideration	$ 44.4
Number of shares in acquisition (in shares)	3,400,000
Bargain purchase gain	$ 39.8	$ 39.8
QES Merger \| RSUs
Business Combinations
Agreements assumed, fair value	2.0
Compensation agreement, allocation to purchase price	0.4
Post-acquisition compensation, not yet recognized	$ 1.6
QES Merger \| QES ABL Facility \| Asset based revolving line of credit
Business Combinations
Debt term	5 years
QES Merger \| Quintana Energy Services Inc. \| QES ABL Facility \| Asset based revolving line of credit
Business Combinations
Repayments of long-term debt	$ 9.7

Business Combinations - QES Merger Assets Acquired and Liabilities Assumed (Details) - QES Merger - USD ($) shares in Millions, $ in Millions		12 Months Ended
	Jul. 28, 2020	Jan. 31, 2021
Business Combinations
Cash	$ 8.7
Accounts receivable-trade	12.2
Inventories	11.8
Other current and non-current assets	7.4
Property and equipment	84.2
Accounts payable	(27.1)
Other current and non-current liabilities	(13.0)
Bargain purchase	(39.8)	$ (39.8)
Total purchase price	44.4
Total consideration	$ 44.4
Number of shares in acquisition (in shares)	3.4

Business Combinations - Pro Forma Information (Details) - QES Merger - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2020
Business Combinations
Revenues	$ 54.5	$ 212.7
Net loss	$ 54.8	$ 317.8
Loss per diluted share (in dollars per share)	$ 6.52	$ 38.76

Merger and Integration Costs - Narrative (Details) - QES Merger - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Business Combination, Separately Recognized Transactions [Line Items]
Merger and integration costs	$ 500,000	$ 26,500,000	$ 2,300,000	$ 26,500,000
Cost of Sales
Business Combination, Separately Recognized Transactions [Line Items]
Merger and integration costs	100,000	300,000	1,200,000	300,000
Selling, General and Administrative
Business Combination, Separately Recognized Transactions [Line Items]
Merger and integration costs	$ 400,000	$ 26,200,000	500,000	26,200,000
Impairment and Other Charges
Business Combination, Separately Recognized Transactions [Line Items]
Merger and integration costs			$ 600,000	$ 0

Merger and Integration Costs - Accrued Lease Termination Costs (Details) - SEC Schedule, 12-09, Allowance, Loan and Lease Loss - USD ($) $ in Millions	3 Months Ended
	Jul. 31, 2021	Apr. 30, 2021
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning balance as of January 31, 2021	$ 3.1	$ 3.4
Charged (credited) to costs and expenses		0.6
Deductions	(0.6)	(0.9)
Balance as of April 30, 2021	$ 2.5	$ 3.1

Merger and Integration Costs - Schedule of Costs (Details) - QES Merger - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Business Combination, Separately Recognized Transactions [Line Items]
Merger costs	$ 0.0	$ 26.5	$ 0.0	$ 26.5
Integration costs	0.5	0.0	2.3	0.0
Total Merger and Integration Costs	$ 0.5	$ 26.5	$ 2.3	$ 26.5

Inventories, Net - Schedule of Inventory (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Inventory Disclosure [Abstract]
Spare parts	$ 14.3	$ 13.5
Plugs	5.6	4.6
Consumables	2.5	2.8
Other	2.7	2.3
Inventory, gross	25.1	23.2
Inventory obsolescence reserve	(2.5)	(2.4)
Total inventories, net	$ 22.6	$ 20.8

Inventories, Net - Narrative (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Inventory Disclosure [Abstract]
Inventory reserve	$ 2.5	$ 2.4

Property and Equipment, Net (Details) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
Property and Equipment, Net (Details) $ in Millions	Sep. 10, 2021 USD ($) facility	Jul. 31, 2021 USD ($) facility	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) facility	Jul. 31, 2020 USD ($)	Jan. 31, 2021 USD ($)	Apr. 30, 2020 USD ($)
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 441.2		$ 441.2		$ 448.7
Less accumulated depreciation		265.3		265.3		245.0
Property and equipment, net		175.9		175.9		203.7	$ 194.0
Depreciation expense		14.4	$ 10.1	29.7	$ 25.3
Assets held-for-sale		$ 3.4		$ 3.4
Number of operational facilities \| facility		3		3
Subsequent Event \| Discontinued Operations, Disposed of by Sale \| Operational Facility
Property, Plant and Equipment [Line Items]
Number of operational facilities sold \| facility	1
Carrying value of facility	$ 0.7
Proceeds from sale of operational facility	$ 0.7
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 41.0		$ 41.0		43.7
Land, buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				1 year
Land, buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				40 years
Machinery
Property, Plant and Equipment [Line Items]
Property and equipment, gross		218.0		$ 218.0		221.8
Machinery \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				1 year
Machinery \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				20 years
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 182.2		$ 182.2		$ 183.2
Furniture and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				1 year
Furniture and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)				15 years

Goodwill and Intangible Assets, Net - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020	Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Line Items]
Amortization expense of intangible assets	$ 100,000	$ 2,800,000	$ 200,000	$ 3,800,000
Accelerated amortization of intangible assets		2,700,000
Remaining amortization period			7 years 8 months 12 days
Long-lived asset impairment charge				180,400,000
Impairment of Intangible Assets, Finite-lived				39,200,000
Long-lived asset impairment charge, property and equipment				141,200,000
Asset impairment charge	$ 200,000	0	$ 800,000	208,700,000
Goodwill					$ 28,300,000
Southwest
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairment charge				91,300,000
Northeast/Mid-Con
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairment charge				89,100,000
Rocky Mountains
Goodwill and Intangible Assets Disclosure [Line Items]
Asset impairment charge				28,300,000
Goodwill		$ 0		$ 0

Accrued Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Payables and Accruals [Abstract]
Accrued salaries, vacation and related benefits	$ 16.7	$ 14.3
Accrued property taxes	2.9	1.8
Accrued incentive compensation	0.4	1.9
Accrued lease termination costs	2.5	3.4
Other accrued liabilities	5.7	7.8
Total accrued liabilities	$ 28.2	$ 29.2

Long-Term Debt - Schedule of Long Term Debt (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Debt Instrument [Line Items]
Capital lease obligations	$ 5.3	$ 6.3
Total principal outstanding	285.3	256.3
Unamortized debt issuance costs	5.6	6.1
Total debt, net	279.7	250.2
Current portion of capital leases	1.9	1.9
Long-term portion of debt and capital lease obligations	277.8	248.3
Notes
Debt Instrument [Line Items]
Long-term debt, gross	250.0	250.0
ABL Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 30.0	$ 0.0

Long-Term Debt (Details) - USD ($)	1 Months Ended	6 Months Ended
Long-Term Debt (Details) - USD ($)	Dec. 31, 2006	Jul. 31, 2021	Jan. 31, 2021
Debt Instrument [Line Items]
Accrued interest		$ 7,400,000	$ 7,200,000
Lease term	20 years
Capital lease obligations		$ 5,300,000	$ 6,300,000
Minimum
Debt Instrument [Line Items]
Lease term		36 months
Lease interest rate		3.00%
Maximum
Debt Instrument [Line Items]
Lease term		55 months
Lease interest rate		7.00%
Notes
Debt Instrument [Line Items]
Principle amount		$ 250,000,000.0
Debt instrument, stated interest rate (as a percent)		11.50%	11.50%
Long term debt outstanding		$ 244,400,000
Accrued interest		$ 7,200,000
ABL Facility
Debt Instrument [Line Items]
Debt instrument, stated interest rate (as a percent)		4.75%
Accrued interest		$ 200,000
ABL Facility \| Asset based revolving line of credit
Debt Instrument [Line Items]
Revolving credit facility		$ 100,000,000.0
Fixed charge coverage ratio		1.0
Liquidity threshold amount		$ 10,000,000.0
Liquidity threshold, percent of borrowing base		15.00%
Amount outstanding		$ 30,000,000.0
Outstanding letter of credit amount		6,600,000
Current borrowing capacity		$ 17,800,000

Fair Value Information - Schedule of Senior Secured Notes (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	$ 162.5	$ 132.5
Level 1 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	0.0	0.0
Level 2 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	162.5	132.5
Level 3 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	$ 0.0	$ 0.0
Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, stated interest rate (as a percent)	11.50%	11.50%
Notes \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	$ 162.5	$ 132.5
Notes \| Level 1 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	0.0	0.0
Notes \| Level 2 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	162.5	132.5
Notes \| Level 3 \| Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior secured notes, fair value	$ 0.0	$ 0.0

Fair Value Information (Details) - USD ($)	Jul. 31, 2021	Jan. 31, 2021	Apr. 30, 2020
Fair Value Disclosures [Abstract]
Property and equipment, net	$ 175,900,000	$ 203,700,000	$ 194,000,000.0
Property, plant, and equipment, fair value			52,800,000
Goodwill			28,300,000
Goodwill, fair value			0
Intangible assets			39,200,000
Intangible assets, fair value			$ 0

Commitments, Contingencies and Off-Balance Sheet Arrangements (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 31, 2021	Mar. 19, 2021	Mar. 09, 2021
Loss Contingencies [Line Items]
Future minimum payments	$ 66.6
Owners extra expense limit			$ 20.0
Amount awarded from underwriters	1.2
Real Estate
Loss Contingencies [Line Items]
Future minimum payments	25.7
Coiled Tubing Units
Loss Contingencies [Line Items]
Future minimum payments	25.6
Positive Outcome of Litigation
Loss Contingencies [Line Items]
Gain contingency	$ 7.4		4.6
Gain outside of policy coverage		$ 2.3
Positive Outcome of Litigation \| Blowout Vendors
Loss Contingencies [Line Items]
Gain contingency			$ 14.3
Gain outside of policy coverage		$ 7.4

Stockholders' Equity (Deficit) (Details) - USD ($) $ / shares in Units, $ in Millions			3 Months Ended		6 Months Ended
	Jun. 14, 2021	Jul. 28, 2020	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020	Feb. 12, 2021	Jan. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value (in dollars per share)			$ 0.01		$ 0.01		$ 0.01	$ 0.01
Shares reserved for issuance (in shares)							632,051
Share based compensation expense, net			$ 1.0	$ 17.4	$ 1.8	$ 16.7
Unrecognized compensation cost			$ 7.8		$ 7.8
Number of securities issued for each share of common stock (in shares)		0.0969
At The Market
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value (in dollars per share)	$ 0.01
Maximum consideration	$ 50.0
Commission fee percentage	3.00%
Number of shares sold (in shares)			60,216		60,216
Proceeds from offering			$ 0.6		$ 0.6
Payments of stock issuance fees			$ 0.6		$ 0.6
QES Merger
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense, net				$ 15.1
QES Merger \| Quintana Energy Services Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Assumed compensation agreement, number of shares outstanding (in shares)		2,000,000.0
Assumed compensation agreement, number of shares converted (in shares)		200,000

Income Taxes (Details)	3 Months Ended		6 Months Ended
Income Taxes (Details)	Jul. 31, 2021 USD ($) installment	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) installment	Jul. 31, 2020 USD ($)
Income Tax Examination [Line Items]
Income tax expense	$ 100,000	$ 0	$ 200,000	$ 100,000
FICA tax payments, CARES Act	$ 3,800,000		$ 3,800,000
Number of payment installments \| installment	2		2
Other Noncurrent Liabilities
Income Tax Examination [Line Items]
FICA tax payments, CARES Act	$ 1,900,000		$ 1,900,000
Accrued Liabilities
Income Tax Examination [Line Items]
FICA tax payments, CARES Act	$ 1,900,000		$ 1,900,000

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Segment Reporting (Revenues and Operating Losses by Reportable Segment) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) segment	Jul. 31, 2020 USD ($) segment
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Number of reportable segments \| segment			3	3
Revenues	$ 111.9	$ 36.2	$ 202.7	$ 119.2
Operating loss	(16.9)	(12.8)	(45.8)	(248.4)
Interest expense, net	8.0	7.6	15.8	15.0
Loss before income tax	(24.9)	(20.4)	(61.6)	(263.4)
Corporate And Reconciling Items
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating loss	(7.2)	6.5	(14.6)	(2.3)
Corporate And Reconciling Items \| Revision of Prior Period, Reclassification, Adjustment
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating loss		6.5		(2.3)
Rocky Mountains
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Revenues	33.6	18.0	57.9	51.8
Rocky Mountains \| Operating Segments
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating loss	(2.2)	(6.7)	(9.4)	(40.7)
Southwest
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Revenues	43.0	4.2	81.0	28.6
Southwest \| Operating Segments
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating loss	(3.7)	(7.2)	(11.2)	(105.3)
Northeast/Mid-Con
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Revenues	35.3	14.0	63.8	38.8
Northeast/Mid-Con \| Operating Segments
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating loss	$ (3.8)	$ (5.4)	$ (10.6)	$ (100.1)

Segment Reporting (Revenues by Service Offering by Reportable Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 111.9	$ 36.2	$ 202.7	$ 119.2
Rocky Mountains
Segment Reporting Information [Line Items]
Revenues	33.6	18.0	57.9	51.8
Southwest
Segment Reporting Information [Line Items]
Revenues	43.0	4.2	81.0	28.6
Northeast /Mid-Con
Segment Reporting Information [Line Items]
Revenues	35.3	14.0	63.8	38.8
Drilling
Segment Reporting Information [Line Items]
Revenues	32.0	3.7	56.7	10.6
Drilling \| Rocky Mountains
Segment Reporting Information [Line Items]
Revenues	2.3	0.0	3.3	0.1
Drilling \| Southwest
Segment Reporting Information [Line Items]
Revenues	18.6	0.4	33.1	2.0
Drilling \| Northeast /Mid-Con
Segment Reporting Information [Line Items]
Revenues	11.1	3.3	20.3	8.5
Completion
Segment Reporting Information [Line Items]
Revenues	51.2	19.3	96.1	66.9
Completion \| Rocky Mountains
Segment Reporting Information [Line Items]
Revenues	18.7	12.0	33.0	32.6
Completion \| Southwest
Segment Reporting Information [Line Items]
Revenues	14.5	1.3	30.7	16.7
Completion \| Northeast /Mid-Con
Segment Reporting Information [Line Items]
Revenues	18.0	6.0	32.4	17.6
Production
Segment Reporting Information [Line Items]
Revenues	16.7	8.2	28.6	23.9
Production \| Rocky Mountains
Segment Reporting Information [Line Items]
Revenues	8.1	4.2	13.7	13.1
Production \| Southwest
Segment Reporting Information [Line Items]
Revenues	5.8	1.2	9.7	4.1
Production \| Northeast /Mid-Con
Segment Reporting Information [Line Items]
Revenues	2.8	2.8	5.2	6.7
Intervention
Segment Reporting Information [Line Items]
Revenues	12.0	5.0	21.3	17.8
Intervention \| Rocky Mountains
Segment Reporting Information [Line Items]
Revenues	4.5	1.8	7.9	6.0
Intervention \| Southwest
Segment Reporting Information [Line Items]
Revenues	4.1	1.3	7.5	5.8
Intervention \| Northeast /Mid-Con
Segment Reporting Information [Line Items]
Revenues	$ 3.4	$ 1.9	$ 5.9	$ 6.0

- Definition

+ References

+ Details

Segment Reporting (Capital Expenditures by Reportable Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Property, Plant and Equipment [Line Items]
Capital expenditures	$ 3.5	$ 3.7	$ 5.7	$ 8.5
Corporate And Reconciling Items
Property, Plant and Equipment [Line Items]
Capital expenditures	0.1	0.7	0.1	1.3
Rocky Mountains \| Operating Segments
Property, Plant and Equipment [Line Items]
Capital expenditures	1.1	0.8	1.9	3.5
Southwest \| Operating Segments
Property, Plant and Equipment [Line Items]
Capital expenditures	1.2	1.6	1.9	2.1
Northeast/Mid-Con \| Operating Segments
Property, Plant and Equipment [Line Items]
Capital expenditures	$ 1.1	$ 0.6	$ 1.8	$ 1.6

Segment Reporting (Total Assets by Reportable Segment) (Details) - USD ($) $ in Millions	Jul. 31, 2021	Jan. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 334.6	$ 362.7
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	292.0	310.8
Corporate And Reconciling Items
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	42.6	51.9
Rocky Mountains \| Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	134.9	121.1
Southwest \| Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	89.0	91.6
Northeast/Mid-Con \| Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 68.1	$ 98.1

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(11))
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 55
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(12))
-URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124433192&loc=SL2890621-112765

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (bb)
-URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 25
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Net Loss Per Common Share - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Restricted Stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Anti-dilutive securities excluded from determination of diluted earnings per common share (in shares)	0.5	0.7	0.4	0.7

Net Loss Per Common Share - Computations of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jul. 31, 2021	Apr. 30, 2021	Jul. 31, 2020	Apr. 30, 2020	Jul. 31, 2021	Jul. 31, 2020
Earnings Per Share [Abstract]
Net loss	$ (25.0)	$ (36.8)	$ (20.4)	$ (243.1)	$ (61.8)	$ (263.5)
Basic weighted average common shares (in shares)	8.4		5.0		8.4	4.8
Diluted weighted average common shares (in shares)	8.4		5.0		8.4	4.8
Basic net loss per common share (in dollars per share)	$ (2.98)		$ (4.12)		$ (7.39)	$ (55.00)
Diluted net loss per common share (in dollars per share)	$ (2.98)		$ (4.12)		$ (7.39)	$ (55.00)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1448-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1337-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e4984-109258

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e3842-109258

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1252-109256

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e3842-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1337-109256

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(25))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

+ Details