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Equity
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Equity
EQUITY
 
Changes in equity for the three and six month periods ended June 30, 2017 and 2016 are as follows:

 
Three Months Ended June 30,
 
2017
 
2016
 
TETRA
 
Non-
controlling
Interest
 
Total
 
TETRA
 
Non-
controlling
Interest
 
Total
 
(In Thousands)
Beginning balance for the period
$
234,578

 
$
154,349

 
$
388,927

 
$
155,621

 
$
206,476

 
$
362,097

Net income (loss)
(10,991
)
 
(3,628
)
 
(14,619
)
 
(26,574
)
 
(2,650
)
 
(29,224
)
Foreign currency translation adjustment
3,293

 
(325
)
 
2,968

 
(3,305
)
 
(62
)
 
(3,367
)
Comprehensive Income (loss)
(7,698
)
 
(3,953
)
 
(11,651
)
 
(29,879
)
 
(2,712
)
 
(32,591
)
Exercise of common stock options

 

 

 
2

 

 
2

Proceeds from the issuance of stock, net of offering costs
(5
)
 

 
(5
)
 
60,277

 

 
60,277

Conversions of CCLP Series A Preferred

 
7,632

 
7,632

 

 

 

Distributions to public unitholders

 
(3,696
)
 
(3,696
)
 

 
(7,209
)
 
(7,209
)
Equity-based compensation
2,039

 
783

 
2,822

 
5,801

 
844

 
6,645

Treasury stock and other
(241
)
 
(61
)
 
(302
)
 
(1,373
)
 
(64
)
 
(1,437
)
Ending balance as of June 30
$
228,673

 
$
155,054

 
$
383,727

 
$
190,449

 
$
197,335

 
$
387,784

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
2017
 
2016
 
TETRA
 
Non-
controlling
Interest
 
Total
 
TETRA
 
Non-
controlling
Interest
 
Total
 
(In Thousands)
Beginning balance for the period
$
233,523

 
$
166,943

 
$
400,466

 
$
241,217

 
$
272,963

 
$
514,180

Net income (loss)
(13,454
)
 
(12,417
)
 
(25,871
)
 
(114,899
)
 
(62,056
)
 
(176,955
)
Foreign currency translation adjustment
5,345

 
(184
)
 
5,161

 
(2,333
)
 
(516
)
 
(2,849
)
Comprehensive Income (loss)
(8,109
)
 
(12,601
)
 
(20,710
)
 
(117,232
)
 
(62,572
)
 
(179,804
)
Exercise of common stock options

 

 

 
27

 

 
27

Proceeds from the issuance of stock, net of offering costs
(16
)
 

 
(16
)
 
60,277

 

 
60,277

Conversions of CCLP Series A Preferred

 
10,020

 
10,020

 

 

 

Distributions to public unitholders

 
(10,944
)
 
(10,944
)
 

 
(14,418
)
 
(14,418
)
Equity-based compensation
3,552

 
1,739

 
5,291

 
7,539

 
1,462

 
9,001

Treasury stock and other
(277
)
 
(103
)
 
(380
)
 
(1,379
)
 
(100
)
 
(1,479
)
Ending balance as of June 30
$
228,673

 
$
155,054

 
$
383,727

 
$
190,449

 
$
197,335

 
$
387,784



On May 5, 2017, our stockholders approved the amendment of our Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 150,000,000 to 250,000,000.

Activity within the foreign currency translation adjustment account during the periods includes no reclassifications to net income.