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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements [Abstract]  
Quarterly Financial Information (Unaudited)
NOTE S — QUARTERLY FINANCIAL INFORMATION (Unaudited)
 
Summarized quarterly financial data for 2012 and 2011 is as follows:
 
 
Three Months Ended 2012
 
March 31
 
June 30
 
September 30
 
December 31
 
(In Thousands, Except Per Share Amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
$
180,796
 
 
$
234,909
 
 
$
233,986
 
 
$
231,140
 
Gross profit
 
32,395
 
 
 
53,108
 
 
 
50,883
 
 
 
32,483
 
Income (loss) before discontinued operations
 
1,148
 
 
 
12,178
 
 
 
8,601
 
 
 
(3,173)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
1,147
 
 
 
12,181
 
 
 
8,602
 
 
 
(3,173)
 
Net income (loss) attributable to TETRA
 
681
 
 
 
11,574
 
 
 
7,713
 
 
 
(4,008)
 
stockholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share before discontinued
 
 
 
 
 
 
 
 
 
 
 
 
 
operations attributable to TETRA stockholders
$
0.01
 
 
$
0.15
 
 
$
0.10
 
 
$
(0.05)
 
Net income (loss) per diluted share before discontinued
 
 
 
 
 
 
 
 
 
 
 
 
 
operations attributable to TETRA stockholders
$
0.01
 
 
$
0.15
 
 
$
0.10
 
 
$
(0.05)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended 2011
 
March 31
 
June 30
 
September 30
 
December 31
 
(In Thousands, Except Per Share Amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues
$
222,545
 
 
$
235,114
 
 
$
201,434
 
 
$
186,182
 
Gross profit (loss)
 
26,364
 
 
 
35,813
 
 
 
35,668
 
 
 
(7,335)
 
Income (loss) before discontinued operations
 
(2,512)
 
 
 
30,523
 
 
 
1,960
 
 
 
(24,489)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
(2,515)
 
 
 
30,469
 
 
 
1,954
 
 
 
(24,490)
 
Net income (loss) attributable to TETRA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
stockholders
 
(2,515)
 
 
 
30,374
 
 
 
1,387
 
 
 
(25,099)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share before discontinued
 
 
 
 
 
 
 
 
 
 
 
 
 
operations attributable to TETRA stockholders
$
(0.03)
 
 
$
0.40
 
 
$
0.02
 
 
$
(0.33)
 
Net income (loss) per diluted share before discontinued
 
 
 
 
 
 
 
 
 
 
 
 
 
operations attributable to TETRA stockholders
$
(0.03)
 
 
$
0.39
 
 
$
0.02
 
 
$
(0.33)
 
 
Results from operations during the second quarter of 2011 include the impact from gains on sales of oil and gas properties by our Maritech segment. Results from operations during the fourth quarters of 2012 and 2011 include the impact of increased decommissioning liabilities by our Maritech segment.