Equity

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements [Abstract]

Equity

NOTE F - EQUITY

Changes in equity for the three month and six month periods ended June 30, 2012 and 2011, are as follows:

	Three Months Ended June 30,
	2012									2011
				Noncontrolling									Noncontrolling
	TETRA			Interest			Total			TETRA			Interest		Total
	(In Thousands)
Beginning balance for the period	$	534,478		$	41,291		$	575,769		$	517,353		$	-	$	517,353
Net income		11,574			607			12,181			30,374			95		30,469
Changes in commodity derivatives, net of
taxes of $4,165		-			-			-			7,030			-		7,030
Foreign currency translation adjustment, net of
taxes of $1,185 and $(582), respectively		(6,942	)		-			(6,942	)		2,229			-		2,229
Exercise of common stock options		280			-			280			491			-		491
Issuance of Compressco Partners common
units, net of offering costs		-			-			-			-			42,885		42,885
Distributions to public unitholders		-			(1,066	)		(1,066	)		-			-		-
Equity-based compensation		1,521			377			1,898			1,303			-		1,303
Treasury stock and other		(136	)		120			(16	)		(684	)		-		(684	)
Tax benefit upon exercise of stock options		(19	)		-			(19	)		532			-		532
Ending balance as of June 30	$	540,794		$	41,329		$	582,123		$	558,628		$	42,980	$	601,608

13

	Six Months Ended June 30,
	2012									2011
				Noncontrolling									Noncontrolling
	TETRA			Interest			Total			TETRA			Interest		Total
	(In Thousands)
Beginning balance for the period	$	527,146		$	41,942		$	569,088		$	516,323		$	-	$	516,323
Net income		12,255			1,073			13,328			27,859			95		27,954
Changes in commodity derivatives, net of
taxes of $1,578		-			-			-			2,663			-		2,663
Foreign currency translation adjustment, net of
taxes of $851 and $(770), respectively		(3,020	)		-			(3,020	)		5,713			-		5,713
Exercise of common stock options		758			-			758			2,805			-		2,805
Issuance of Compressco Partners common
units, net of offering costs		-			-			-			-			42,885		42,885
Distributions to public unitholders		-			(2,275	)		(2,275	)		-			-		-
Equity-based compensation		3,604			649			4,253			(1,269	)		-		(1,269	)
Treasury stock and other		(146	)		(60	)		(206	)		3,140			-		3,140
Tax benefit upon exercise of stock options		197			-			197			1,394			-		1,394
Ending balance as of June 30	$	540,794		$	41,329		$	582,123		$	558,628		$	42,980	$	601,608