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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 25,247 $ 31,551
Trade accounts receivable, net of allowances of $475 in 2022 and $289 in 2021 105,656 91,202
Inventories 71,558 69,098
Prepaid expenses and other current assets 21,831 18,539
Total current assets 224,292 210,390
Property, plant, and equipment:    
Land and building 24,066 26,380
Machinery and equipment 330,163 345,454
Automobiles and trucks 12,939 16,174
Chemical plants 57,743 61,565
Construction in progress 9,004 5,349
Total property, plant, and equipment 433,915 454,922
Less accumulated depreciation (338,890) (365,946)
Net property, plant, and equipment 95,025 88,976
Other assets:    
Patents, trademarks and other intangible assets, net of accumulated amortization of $44,994 in 2022 and $44,323 in 2021 33,667 36,958
Operating lease right-of-use assets 33,415 36,973
Investments 13,313 11,233
Other assets 13,774 13,736
Total other assets 94,169 98,900
Total assets 413,486 398,266
Current liabilities:    
Trade accounts payable 46,162 37,943
Current portion of long-term debt 14 0
Compensation and employee benefits 29,213 20,811
Operating lease liabilities, current portion 7,858 8,108
Accrued taxes 8,334 7,085
Accrued liabilities and other 19,004 21,810
Current liabilities associated with discontinued operations 919 1,385
Total current liabilities 111,504 97,142
Long-term debt, net 153,873 151,936
Operating lease liabilities 27,724 31,429
Asset retirement obligations 13,368 12,984
Deferred income taxes 1,284 1,669
Other liabilities 3,977 4,543
Total long-term liabilities 200,226 202,561
Commitments and contingencies (Note 7)
Equity:    
Common stock, par value 0.01 per share; 250,000,000 shares authorized at September 30, 2022 and December 31, 2021; 131,758,500 shares issued at September 30, 2022 and 130,075,838 shares issued at December 31, 2021 1,318 1,301
Additional paid-in capital 476,530 475,624
Treasury stock, at cost; 3,138,675 shares held at September 30, 2022 and December 31, 2021 (19,957) (19,957)
Accumulated other comprehensive loss (54,333) (46,932)
Retained deficit (300,589) (310,332)
Total TETRA stockholders’ equity 102,969 99,704
Noncontrolling interests (1,213) (1,141)
Total equity 101,756 98,563
Total liabilities and equity $ 413,486 $ 398,266