Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 3,096	$ 4,584
Accounts receivable, net of allowance for doubtful accounts of $820 and $733 at June 30, 2018 and December 31, 2017, respectively	43,218	46,018
Inventories, net	90,844	75,759
Income taxes receivable	2,659	2,826
Assets held for sale	2,250	0
Other current assets	5,797	8,737
Total current assets	147,864	137,924
Property and equipment, net	66,143	68,835
Goodwill	19,480	56,660
Deferred tax assets, net	0	12,713
Other intangible assets, net	47,025	48,231
Other long-term assets	531	527
Assets held for sale	0	4,998
TOTAL ASSETS	281,043	329,888
Current liabilities:
Accounts payable	25,646	22,048
Accrued liabilities	9,071	14,589
Interest payable	24	43
Long-term debt, classified as current	49,126	27,950
Total current liabilities	83,867	64,630
Deferred tax liabilities, net	2,876	0
Total liabilities	86,743	64,630
Commitments and contingencies
Equity:
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; 61,641,525 shares issued and 56,909,623 shares outstanding at June 30, 2018; 60,622,986 shares issued and 56,755,293 shares outstanding at December 31, 2017	6	6
Additional paid-in capital	340,618	336,067
Accumulated other comprehensive income (loss)	(1,045)	(884)
Retained earnings (accumulated deficit)	(112,192)	(37,225)
Treasury stock, at cost; 3,606,833 and 3,621,435 shares at June 30, 2018 and December 31, 2017, respectively	(33,088)	(33,064)
Flotek Industries, Inc. stockholders’ equity	194,299	264,900
Noncontrolling interests	1	358
Total equity	194,300	265,258
TOTAL LIABILITIES AND EQUITY	$ 281,043	$ 329,888