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Equity
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Equity
EQUITY
 
Changes in equity for the three and nine month periods ended September 30, 2017 and 2016 are as follows:

 
Three Months Ended September 30,
 
2017
 
2016
 
TETRA
 
Non-
controlling
Interest
 
Total
 
TETRA
 
Non-
controlling
Interest
 
Total
 
(In Thousands)
Beginning balance for the period
$
228,673

 
$
155,054

 
$
383,727

 
$
190,449

 
$
197,335

 
$
387,784

Net income (loss)
3,145

 
(4,483
)
 
(1,338
)
 
(15,009
)
 
(9,019
)
 
(24,028
)
Foreign currency translation adjustment
2,807

 
(187
)
 
2,620

 
(1,327
)
 
(327
)
 
(1,654
)
Comprehensive Income (loss)
5,952

 
(4,670
)
 
1,282

 
(16,336
)
 
(9,346
)
 
(25,682
)
Exercise of common stock options

 

 

 
115

 

 
115

Proceeds from the issuance of stock, net of offering costs

 

 

 
(153
)
 

 
(153
)
Conversions of CCLP Series A Preferred

 

 

 

 

 

Distributions to public unitholders

 
(3,871
)
 
(3,871
)
 

 
(7,224
)
 
(7,224
)
Equity-based compensation
1,537

 
45

 
1,582

 
1,774

 
774

 
2,548

Treasury stock and other
(188
)
 
(22
)
 
(210
)
 

 
(154
)
 
(154
)
Ending balance as of September 30
$
235,974

 
$
146,536

 
$
382,510

 
$
175,849

 
$
181,385

 
$
357,234

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
2017
 
2016
 
TETRA
 
Non-
controlling
Interest
 
Total
 
TETRA
 
Non-
controlling
Interest
 
Total
 
(In Thousands)
Beginning balance for the period
$
233,523

 
$
166,943

 
$
400,466

 
$
241,217

 
$
272,963

 
$
514,180

Net income (loss)
(10,309
)
 
(16,900
)
 
(27,209
)
 
(129,908
)
 
(71,075
)
 
(200,983
)
Foreign currency translation adjustment
8,152

 
(371
)
 
7,781

 
(3,660
)
 
(843
)
 
(4,503
)
Comprehensive Income (loss)
(2,157
)
 
(17,271
)
 
(19,428
)
 
(133,568
)
 
(71,918
)
 
(205,486
)
Exercise of common stock options

 

 

 
142

 

 
142

Proceeds from the issuance of stock, net of offering costs
(16
)
 

 
(16
)
 
60,124

 

 
60,124

Conversions of CCLP Series A Preferred

 
10,020

 
10,020

 

 

 

Distributions to public unitholders

 
(14,815
)
 
(14,815
)
 

 
(21,642
)
 
(21,642
)
Equity-based compensation
5,089

 
1,784

 
6,873

 
9,313

 
2,236

 
11,549

Treasury stock and other
(465
)
 
(125
)
 
(590
)
 
(1,379
)
 
(254
)
 
(1,633
)
Ending balance as of September 30
$
235,974

 
$
146,536

 
$
382,510

 
$
175,849

 
$
181,385

 
$
357,234



On May 5, 2017, our stockholders approved the amendment of our Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 150,000,000 to 250,000,000.

Activity within the foreign currency translation adjustment account during the periods includes no reclassifications to net income (loss).