Equity

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements [Abstract]

Equity

NOTE F - EQUITY

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

	Three Months Ended September 30,
	2012							2011
			Noncontrolling							Noncontrolling
	TETRA			Interest		Total		TETRA			Interest		Total
	(In Thousands)
Beginning balance for the period	$	540,794		$	41,329	$	582,123	$	558,628		$	42,980	$	601,608
Net income		7,713			889		8,602		1,387			567		1,954
Changes in commodity derivatives, net of
taxes of $0		-			-		-		-			-		-
Foreign currency translation adjustment, net of tax
benefit of $41 and $1,825, respectively		5,074			-		5,074		(9,132)			-		(9,132)
Exercise of common stock options		61			-		61		492			-		492
Issuance of Compressco Partners common
units, net of offering costs		-			-		-		-			(629)		(629)
Distributions to public unitholders		-			(1,094)		(1,094)		-			(125)		(125)
Equity-based compensation		2,476			664		3,140		1,277			-		1,277
Treasury stock and other		1			74		75		(190)			-		(190)
Excess tax benefit from
equity compensation		(1,493)			-		(1,493)		(126)			-		(126)
Ending balance as of September 30,	$	554,626		$	41,862	$	596,488	$	552,336		$	42,793	$	595,129

	Nine Months Ended September 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		19,968			1,962		21,930		29,246			662		29,908
Changes in commodity derivatives, net of
taxes of $1,578		-			-		-		2,663			-		2,663
Foreign currency translation adjustment, net of tax
benefit of $892 and $1,055, respectively		2,054			-		2,054		(3,419)			-		(3,419)
Exercise of common stock options		819			-		819		3,297			-		3,297
Issuance of Compressco Partners common
units, net of offering costs		-			-		-		-			42,256		42,256
Distributions to public unitholders		-			(3,369)		(3,369)		-			(125)		(125)
Equity-based compensation		6,080			1,313		7,393		4,417			-		4,417
Treasury stock and other		(145)			14		(131)		(1,459)			-		(1,459)
Excess tax benefit from
equity compensation		(1,296)			-		(1,296)		1,268			-		1,268
Ending balance as of September 30,	$	554,626		$	41,862	$	596,488	$	552,336		$	42,793	$	595,129