Equity

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

NOTE G - EQUITY

Changes in equity for the three month and nine month periods ended September 30, 2011 and 2010, are as follows:

	Three Months Ended September 30,
	2011									2010
				Noncontrolling									Noncontrolling
	TETRA			Interest			Total			TETRA			Interest		Total
	(In Thousands)

Beginning balance for the period	$	558,628		$	42,980		$	601,608		$	593,440		$	-	$	593,440
Comprehensive income:
Net income		1,387			567			1,954			170			-		170
Changes in commodity derivatives, net of
taxes of $0 and $ (5,938), respectively		-			-			-			(10,025	)		-		(10,025	)
Foreign currency translation adjustment, net of
taxes of $1,825 and $734, respectively		(9,132	)		-			(9,132	)		3,016			-		3,016
Comprehensive income		(7,745	)		567			(7,178	)		(6,839	)		-		(6,839	)
Exercise of common stock options		492			-			492			65			-		65
Issuance of Compressco Partners common
units, net of offering costs		-			(629	)		(629	)		-			-		-
Distributions to public unitholders		-			(125	)		(125	)		-			-		-
Stock based compensation		1,277			-			1,277			2,573			-		2,573
Purchases of treasury stock and other		(190	)		-			(190	)		70			-		70
Tax benefit upon exercise of stock options		(126	)		-			(126	)		25			-		25
Ending balance as of September 30	$	552,336		$	42,793		$	595,129		$	589,334		$	-	$	589,334

	Nine Months Ended September 30,
	2011									2010
				Noncontrolling									Noncontrolling
	TETRA			Interest			Total			TETRA			Interest		Total
	(In Thousands)

Beginning balance for the period	$	516,323		$	-		$	516,323		$	576,494		$	-	$	576,494
Comprehensive income:
Net income		29,246			662			29,908			19,157			-		19,157
Changes in commodity derivatives, net of
taxes of $1,578 and $(8,132), respectively		2,663			-			2,663			(13,728	)		-		(13,728	)
Foreign currency translation adjustment, net of
taxes of $1,055 and $(914), respectively		(3,419	)		-			(3,419	)		713			-		713
Comprehensive income		28,490			662			29,152			6,142			-		6,142
Exercise of common stock options		3,297			-			3,297			849			-		849
Issuance of Compressco Partners common
units, net of offering costs		-			42,256			42,256			-			-		-
Distributions to public unitholders		-			(125	)		(125	)		-			-		-
Stock based compensation		4,417			-			4,417			5,628			-		5,628
Purchases of treasury stock and other		(1,459	)		-			(1,459	)		(53	)		-		(53	)
Tax benefit upon exercise of stock options		1,268			-			1,268			274			-		274
Ending balance as of September 30	$	552,336		$	42,793		$	595,129		$	589,334		$	-	$	589,334

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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