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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues from external customers $ 102,326 $ 96,070 $ 179,650 $ 228,773
Cost of Goods and Services Sold [Abstract]        
Depreciation, amortization, and accretion 8,236 9,726 17,187 19,277
Impairment and other charges 449 0 449 0
Insurance recoveries associated with damaged equipment 0 74 110 74
Total cost of revenues 85,893 80,259 155,348 183,925
Gross profit 16,433 15,811 24,302 44,848
General and administrative expense 17,351 23,862 37,363 44,210
Interest expense, net 3,886 4,604 8,290 9,896
Warrants fair value adjustment expense (income) 2,698 11 3,021 (327)
Other general corporate income, net (2,232) (541) (7,327) (520)
Loss before taxes and discontinued operations (5,270) (12,125) (17,045) (8,411)
Provision for income taxes 1,384 1,054 1,552 1,776
Income (loss) before taxes (6,654) (13,179) (18,597) (10,187)
Total loss from discontinued operations (126) (23,788) 120,864 (37,156)
Net income (loss) (6,780) (36,967) 102,267 (47,343)
(Income) loss attributable to noncontrolling interest [1] 27 15,712 (306) 24,537
Net income (loss) attributable to TETRA stockholders $ (6,753) $ (21,255) $ 101,961 $ (22,806)
Basic and diluted net income (loss) per common share:        
Income (Loss) from Continuing Operations, Per Basic Share $ (0.05) $ (0.11) $ (0.15) $ (0.08)
Income (Loss) from Continuing Operations, Per Diluted Share (0.05) (0.11) (0.15) (0.08)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0 (0.06) 0.96 (0.10)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0 (0.06) 0.96 (0.10)
Net income (loss) attributable to TETRA stockholders, per basic share (0.05) (0.17) 0.81 (0.18)
Net income (loss) attributable to TETRA stockholders, per diluted share $ (0.05) $ (0.17) $ 0.81 $ (0.18)
Weighted Average Number of Shares Outstanding, Basic 126,583 125,886 126,365 125,736
Weighted Average Number of Shares Outstanding, Diluted 126,583 125,886 126,365 125,736
Product sales        
Revenues from external customers $ 62,583 $ 67,251 $ 107,615 $ 137,466
Cost of Goods and Services Sold [Abstract]        
Cost of product sales 42,477 45,031 74,460 90,319
Services        
Revenues from external customers 39,743 28,819 72,035 91,307
Cost of Goods and Services Sold [Abstract]        
Cost of product sales $ 34,731 $ 25,576 $ 63,362 $ 74,403
[1] (Income) loss attributable to noncontrolling interest includes zero and $15,781 loss for the three-month periods ended June 30, 2021 and 2020, respectively, and $333 income and $24,615 loss for the six-month periods ended June 30, 2021 and 2020, respectively, related to discontinued operations.