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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 31,551 $ 67,252
Restricted cash 0 65
Trade accounts receivable, net of allowance for doubtful accounts of $289 in 2021 and $6,824 in 2020 91,202 64,078
Inventories 69,098 76,658
Current assets associated with discontinued operations 0 710,006
Prepaid expenses and other current assets 18,539 13,487
Total current assets 210,390 931,546
Property, plant, and equipment:    
Land and building 26,380 26,506
Machinery and equipment 345,454 365,296
Automobiles and trucks 16,174 18,446
Chemical plants 61,565 62,714
Construction in progress 5,349 1,526
Total property, plant, and equipment 454,922 474,488
Less accumulated depreciation (365,946) (377,632)
Net property, plant, and equipment 88,976 96,856
Other assets:    
Other intangibles, net 36,958 41,487
Operating lease right-of-use assets 36,973 43,448
Investments 11,233 2,675
Other assets 13,736 16,827
Total other assets 98,900 104,437
Total assets 398,266 1,132,839
Current liabilities:    
Trade accounts payable 37,943 22,573
Compensation and employee benefits 20,811 14,336
Operating lease liabilities, current portion 8,108 8,795
Accrued taxes 7,085 4,323
Accrued liabilities and other 21,810 14,012
Current liabilities associated with discontinued operations 1,385 734,039
Total current liabilities 97,142 798,078
Long-term debt, net 151,936 199,894
Operating lease liabilities 31,429 37,569
Asset retirement obligations 12,984 12,484
Deferred income taxes 1,669 1,942
Other liabilities 4,543 11,810
Total long-term liabilities 202,561 263,699
Commitments and contingencies (Note 11)
Equity:    
Common stock, par value $0.01 per share; 250,000,000 shares authorized at December 31, 2021 and December 31, 2020; 130,075,838 shares issued at December 31, 2021, and 128,304,354 shares issued at December 31, 2020 1,301 1,289
Additional paid-in capital 475,624 472,134
Treasury stock, at cost; 3,138,675 shares held at December 31, 2021, and 2,953,976 shares held at December 31, 2020 (19,957) (19,484)
Accumulated other comprehensive income (loss) (46,932) (49,914)
Retained deficit (310,332) (413,665)
Total TETRA stockholders’ equity 99,704 (9,640)
Noncontrolling interests (1,141) 80,702
Total equity 98,563 71,062
Total liabilities and equity $ 398,266 $ 1,132,839