XML 26 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $ (150,287) $ (42,725) $ (44,794)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (10,213) (41,515) (17,389)
Cost of revenues:      
Depreciation, amortization, and accretion 124,226 114,925 104,053
Impairments of long-lived assets 95,196 3,621 14,876
Insurance Recoveries (1,771) 0 (2,352)
Total cost of revenues 946,134 836,477 614,708
Gross profit 91,799 162,298 108,390
General and administrative expense 139,747 132,446 115,414
Impairment of goodwill (25,784) 0 0
Interest expense, net 73,230 70,946 57,246
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 2,333 729 0
Fair Value Adjustment of Warrants (1,624) (11,129) (5,301)
Revenue from Contract with Customer, Including Assessed Tax 1,037,933 998,775 723,098
Liabilities, Fair Value Adjustment 1,309 (733) (2,975)
Gain (Loss) Related to Litigation Settlement 0 0 (12,816)
Other (income) expense, net (191) 7,923 865
Income (loss) before taxes and discontinued operations (144,123) (36,426) (44,043)
Provision (benefit) for income taxes 6,164 6,299 751
Net income (loss) (160,500) (84,240) (62,183)
Less: income (loss) attributable to noncontrolling interest 13,087 22,623 23,135
Net income (loss) attributable to TETRA stockholders $ (147,413) $ (61,617) $ (39,048)
Basic net income (loss) per common share:      
Net income (loss) attributable to TETRA stockholders $ (1.17) $ (0.50) $ (0.34)
Number of weighted average common shares outstanding 125,600 124,101 114,499
Diluted net income (loss) per common share:      
Net income (loss) attributable to TETRA stockholders $ (1.17) $ (0.50) $ (0.34)
Weighted Average Number of Shares Outstanding, Diluted 125,600 124,101 114,499
Income (Loss) from Continuing Operations, Per Basic Share $ (1.09) $ (0.16) $ (0.19)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.08) (0.34) (0.15)
Income (Loss) from Continuing Operations, Per Diluted Share (1.09) (0.16) (0.19)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ (0.08) $ (0.34) $ (0.15)
Service [Member]      
Cost of revenues:      
Cost of Goods and Services Sold $ 393,158 $ 390,378 $ 274,627
Revenue from Contract with Customer, Including Assessed Tax 602,165 589,548 417,694
Product [Member]      
Cost of revenues:      
Cost of Goods and Services Sold 335,325 327,553 223,504
Revenue from Contract with Customer, Including Assessed Tax $ 435,768 409,227 305,404
Retained Earnings [Member]      
Cost of revenues:      
Net income (loss)   $ (61,617) $ (39,048)