Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 2,865	$ 4,584
Accounts receivable, net of allowance for doubtful accounts of $694 and $733 at March 31, 2018 and December 31, 2017, respectively	45,331	46,018
Inventories, net	82,085	75,759
Income taxes receivable	2,809	2,826
Other current assets	7,972	9,264
Total current assets	141,062	138,451
Property and equipment, net	73,108	73,833
Goodwill	56,660	56,660
Deferred tax assets, net	20,373	12,713
Other intangible assets, net	47,619	48,231
TOTAL ASSETS	338,822	329,888
Current liabilities:
Accounts payable	23,233	22,048
Accrued liabilities	8,629	14,589
Interest payable	6	43
Long-term debt, classified as current	39,741	27,950
Total current liabilities and total liabilities	71,609	64,630
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; 61,161,291 shares issued and 56,784,694 shares outstanding at March 31, 2018; 60,622,986 shares issued and 56,755,293 shares outstanding at December 31, 2017	6	6
Additional paid-in capital	338,137	336,067
Accumulated other comprehensive income (loss)	(1,063)	(884)
Retained earnings (accumulated deficit)	(37,158)	(37,225)
Treasury stock, at cost; 3,599,267 and 3,621,435 shares at March 31, 2018 and December 31, 2017, respectively	(33,067)	(33,064)
Flotek Industries, Inc. stockholders’ equity	266,855	264,900
Noncontrolling interests	358	358
Total equity	267,213	265,258
TOTAL LIABILITIES AND EQUITY	$ 338,822	$ 329,888