XML 20 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Revenue $ 388,272 $ 377,715 $ 561,241
Cost of revenues:      
Depreciation, amortization, and accretion 33,502 38,214 47,563
Impairments and other charges 581 556 92,037
Total cost of revenues 329,035 310,172 549,434
Gross profit 59,237 67,543 11,807
General and administrative expense 75,049 76,697 96,466
Goodwill impairment 0 0 25,784
Interest expense, net 16,377 18,926 21,256
Gain on sales of assets 1,040 2,878 1,665
Other (income) expense, net (16,428) (116) (1,925)
Loss before taxes and discontinued operations (14,721) (25,086) (128,109)
Provision for income taxes 2,084 1,758 2,811
Loss from continuing operations (16,805) (26,844) (130,920)
Income (loss) from discontinued operations, net of taxes 120,407 (72,089) (29,580)
Net income (loss) 103,602 (98,933) (160,500)
Less: (income) loss attributable to noncontrolling interest(1) (269) 47,790 13,087
Net income (loss) attributable to TETRA stockholders $ 103,333 $ (51,143) $ (147,413)
Basic and diluted net income (loss) per common share attributable to TETRA stockholders:      
Loss from continuing operations, basic (in dollars per share) $ (0.13) $ (0.22) $ (1.04)
Loss from continuing operations, diluted (in dollars per share) (0.13) (0.22) (1.04)
Loss from discontinued operations, basic (in dollars per share) 0.95 (0.19) (0.13)
Loss from discontinued operations, diluted (in dollars per share) 0.95 (0.19) (0.13)
Net loss per common share, basic (in dollars per share) 0.82 (0.41) (1.17)
Net loss per common share, diluted (in dollars per share) $ 0.82 $ (0.41) $ (1.17)
Weighted average common shares outstanding:      
Basic (in shares) 126,602 125,838 125,600
Diluted (in shares) 126,602 125,838 125,600
Services      
Revenues:      
Revenue $ 173,043 $ 144,994 $ 301,688
Cost of revenues:      
Cost of Goods and Services Sold 146,672 120,775 233,191
Product      
Revenues:      
Revenue 215,229 232,721 259,553
Cost of revenues:      
Cost of Goods and Services Sold $ 148,280 $ 150,627 $ 176,643