XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 204,412 $ 65,360
Restricted cash 8,780 360
Accounts receivable, net of allowance for doubtful accounts of $1,849 in 2011 and $2,590 in 2010 141,537 161,864
Inventories 99,985 104,305
Derivative assets 0 2,436
Deferred tax assets 39,330 29,685
Oil and gas properties held for sale 3,743 0
Prepaid expenses and other current assets 30,714 50,928
Total current assets 528,501 414,938
Property, plant, and equipment:    
Land and building 76,937 79,368
Machinery and equipment 530,408 482,677
Automobiles and trucks 46,950 43,492
Chemical plants 158,065 176,853
Oil and gas producing assets (successful efforts method) 0 761,449
Construction in progress 25,316 15,677
Total property, plant, and equipment 837,676 1,559,516
Less accumulated depreciation and depletion (308,375) (819,646)
Net property, plant, and equipment 529,301 739,870
Other assets:    
Goodwill 99,132 99,005
Patents, trademarks, and other intangible assets, net of accumulated amortization of $22,572 in 2011 and $21,499 in 2010 11,872 13,024
Deferred tax assets 258 899
Other assets 34,246 31,892
Total other assets 145,508 144,820
Total assets 1,203,310 1,299,628
Current liabilities:    
Trade accounts payable 46,382 51,830
Accrued liabilities 80,975 87,529
Decommissioning and other asset retirement obligations, current 105,008 72,265
Derivative liabilities 0 5,208
Total current liabilities 232,365 216,832
Long-term debt, net 305,000 305,035
Deferred income taxes 48,537 46,789
Decommissioning and other asset retirement obligations, net 34,827 200,550
Other liabilities 13,493 14,099
Total long-term and other liabilities 401,857 566,473
Equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized; 79,673,374 shares issued at December 31, 2011 and 77,825,398 shares issued at December 31, 2010 797 778
Additional paid-in capital 220,144 203,044
Treasury stock, at cost; 2,249,959 shares held at December 31, 2011 and 1,533,653 shares held at December 31, 2010 (14,841) (8,382)
Accumulated other comprehensive income (loss) (2,877) 1,107
Retained earnings 323,923 319,776
Total TETRA stockholders' equity 527,146 516,323
Noncontrolling interest 41,942 0
Total equity 569,088 516,323
Total liabilities and equity $ 1,203,310 $ 1,299,628