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Unaudited Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 5,257 $ 2,730
Restricted cash 801 0
Accounts receivable, net of allowance for doubtful accounts of $645 and $872 at September 30, 2014 and December 31, 2013, respectively 69,253 65,016
Inventories, net 81,439 63,132
Deferred tax assets, net 2,840 2,522
Other current assets 9,622 4,261
Total current assets 169,212 137,661
Property and equipment, net 83,270 79,114
Goodwill 71,131 66,271
Deferred tax assets, net 14,090 15,012
Other intangible assets, net 74,715 77,523
TOTAL ASSETS 412,418 375,581
Current liabilities:    
Accounts payable 32,656 19,899
Accrued liabilities 13,468 12,778
Income taxes payable 1,018 3,361
Interest payable 76 111
Current portion of long-term debt 11,367 26,415
Total current liabilities 58,585 62,564
Long-term debt, less current portion 30,184 35,690
Deferred tax liabilities, net 26,048 27,575
Total liabilities 114,817 125,829
Commitments and contingencies      
Equity:    
Cumulative convertible preferred stock, $0.0001 par value, 100,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value, 80,000,000 shares authorized; 60,487,085 shares issued and 53,938,945 shares outstanding at September 30, 2014; 58,265,911 shares issued and 51,804,078 shares outstanding at December 31, 2013 6 6
Additional paid-in capital 283,571 266,122
Accumulated other comprehensive income (loss) (397) (359)
Retained earnings (accumulated deficit) 36,489 (841)
Treasury stock, at cost; 5,699,845 and 5,394,178 shares at September 30, 2014 and December 31, 2013, respectively (22,419) (15,176)
Flotek stockholders’ equity 297,250 249,752
Noncontrolling interest 351 0
Total equity 297,601 249,752
TOTAL LIABILITIES AND EQUITY $ 412,418 $ 375,581