XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 38,754 $ 74,048
Restricted cash 9,067 5,571
Trade accounts receivable, net of allowance for doubtful accounts of $1,349 in 2013 and $1,085 in 2012 180,659 176,352
Deferred tax asset 14,740 29,789
Inventories 100,792 103,041
Assets held for sale 5,541 12,009
Prepaid expenses and other current assets 24,386 34,299
Total current assets 373,939 435,109
Property, plant, and equipment:    
Land and building 42,954 41,153
Machinery and equipment 682,836 589,725
Automobiles and trucks 57,588 57,708
Chemical plants 175,494 161,565
Construction in progress 14,170 40,452
Total property, plant, and equipment 973,042 890,603
Less accumulated depreciation (400,426) (337,889)
Net property, plant, and equipment 572,616 552,714
Other assets:    
Goodwill 188,159 189,604
Patents, trademarks, and other intangible assets, net of accumulated amortization of $31,956 in 2013 and $27,044 in 2012 31,980 36,735
Deferred tax assets 2,170 594
Other assets 37,669 47,062
Total other assets 259,978 273,995
Total assets 1,206,533 1,261,818
Current liabilities:    
Trade accounts payable 69,220 67,453
Accrued liabilities 65,017 73,254
Current portion of long-term debt 89 35,441
Decommissioning and other asset retirement obligations, current 38,700 80,667
Total current liabilities 173,026 256,815
Long-term debt, net 387,727 331,268
Deferred income taxes 17,651 41,910
Decommissioning and other asset retirement obligations, net 12,204 14,254
Other liabilities 18,427 24,263
Total long-term and other liabilities 436,009 411,695
Equity:    
Common stock, par value $.01 per share; 100,000,000 shares authorized; 81,333,631 shares issued at December 31, 2013 and 80,446,169 shares issued at December 31, 2012 813 804
Additional paid-in capital 234,360 226,954
Treasury stock, at cost; 2,478,084 shares held at December 31, 2013 and 2,334,137 shares held at December 31, 2012 (15,765) (15,027)
Accumulated other comprehensive income (loss) (3,903) (1,494)
Retained earnings 340,036 339,883
Total TETRA stockholders' equity 555,541 551,120
Noncontrolling interest 41,957 42,188
Total equity 597,498 593,308
Total liabilities and equity $ 1,206,533 $ 1,261,818