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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue $ 70,989,000 $ 79,458,000 $ 190,591,000 $ 244,589,000
Costs and expenses:        
Cost of revenue (excluding depreciation and amortization) 54,083,000 57,191,000 146,522,000 167,389,000
Depreciation and amortization 2,957,000 3,067,000 8,984,000 9,091,000
Research and development 2,511,000 2,691,000 8,537,000 9,940,000
Loss (gain) on disposal of long-lived assets 58,000 (11,000) 119,000 401,000
Impairment of goodwill 0 0 37,180,000 0
Total costs and expenses 74,211,000 82,561,000 247,099,000 249,566,000
Loss from operations (3,222,000) (3,103,000) (56,508,000) (4,977,000)
Other (expense) income:        
Interest expense (746,000) (574,000) (1,902,000) (1,718,000)
Loss on sale of business (360,000) 0 (360,000) 0
Loss on write-down of assets held for sale 0 0 (2,580,000) 0
Other income (expense), net 69,000 273,000 (2,348,000) 664,000
Total other expense (1,037,000) (301,000) (7,190,000) (1,054,000)
Loss before income taxes (4,259,000) (3,404,000) (63,698,000) (6,031,000)
Income tax benefit (expense) 327,000 (17,000) (15,558,000) 746,000
Loss from continuing operations (3,932,000) (3,421,000) (79,256,000) (5,285,000)
Income (loss) from discontinued operations, net of tax 0 319,000 0 (13,621,000)
Net loss (3,932,000) (3,102,000) (79,256,000) (18,906,000)
Net loss attributable to noncontrolling interests 0 0 357,000 0
Net loss attributable to Flotek Industries, Inc. (Flotek) (3,932,000) (3,102,000) (78,899,000) (18,906,000)
Amounts attributable to Flotek shareholders:        
Loss from continuing operations (3,932,000) (3,421,000) (78,899,000) (5,285,000)
Income (loss) from discontinued operations, net of tax $ 0 $ 319,000 $ 0 $ (13,621,000)
Basic earnings (loss) per common share attributable to Flotek:        
Continuing operations (in dollars per share) $ (0.07) $ (0.06) $ (1.36) $ (0.09)
Discontinued operations, net of tax (in dollars per share) 0.00 0.01 0.00 (0.24)
Basic earnings (loss) per common share (in dollars per share) (0.07) (0.05) (1.36) (0.33)
Diluted earnings (loss) per common share attributable to Flotek:        
Continuing operations (in dollars per share) (0.07) (0.06) (1.36) (0.09)
Discontinued operations, net of tax (in dollars per share) 0.00 0.01 0.00 (0.24)
Diluted earnings (loss) per common share (in dollars per share) $ (0.07) $ (0.05) $ (1.36) $ (0.33)
Weighted average common shares:        
Weighted average common shares used in computing basic earnings (loss) per common share (in shares) 58,319 57,602 57,820 57,709
Weighted average common shares used in computing diluted earnings (loss) per common share (in shares) 58,319 57,602 57,820 57,709
Corporate        
Costs and expenses:        
General, selling and administrative $ 7,476,000 $ 10,346,000 $ 24,634,000 $ 33,773,000
Loss from operations (8,000,000) (10,955,000) (26,270,000) (35,598,000)
Operating Segments        
Costs and expenses:        
General, selling and administrative $ 7,126,000 $ 9,277,000 $ 21,123,000 $ 28,972,000