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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Revenue $ 626,262 $ 553,213 $ 388,272
Cost of revenues:      
Depreciation, amortization, and accretion 34,329 32,819 33,502
Impairments and other charges 2,966 2,804 581
Insurance recoveries (2,850) (3,750) 0
Total cost of revenues 472,617 432,102 329,035
Gross profit 153,645 121,111 59,237
Exploration and pre-development costs 12,119 6,635 0
General and administrative expense 96,590 91,942 75,049
Interest expense, net 22,349 15,833 16,377
Other income, net (9,112) (4,465) (17,468)
Income (loss) before taxes and discontinued operations 31,699 11,166 (14,721)
Provision for income taxes 6,220 3,565 2,084
Income (loss) from continuing operations 25,479 7,601 (16,805)
Income from discontinued operations, net of taxes 278 195 120,407
Net income 25,757 7,796 103,602
Less: (income) loss attributable to noncontrolling interest(1) 27 43 (269)
Net income attributable to TETRA stockholders $ 25,784 $ 7,839 $ 103,333
Basic net income (loss) per common share:      
Income (loss) from continuing operations, basic (in dollars per share) $ 0.20 $ 0.06 $ (0.13)
Income from discontinued operations, basic (in dollars per share) 0 0 0.95
Net income attributable to TETRA stockholders, basic (in dollars per share) $ 0.20 $ 0.06 $ 0.82
Weighted average basic shares outstanding (in shares) 129,568 128,082 126,602
Diluted net income (loss) per common share:      
Income (loss) from continuing operations, diluted (in dollars per share) $ 0.20 $ 0.06 $ (0.13)
Income from discontinued operations, diluted (in dollars per share) 0 0 0.95
Net income attributable to TETRA stockholders, diluted (in dollars per share) $ 0.20 $ 0.06 $ 0.82
Weighted average diluted shares outstanding (in shares) 131,243 129,778 126,602
Services      
Revenues:      
Revenue $ 320,206 $ 293,215 $ 173,043
Cost of revenues:      
Cost of Goods and Services Sold 246,945 226,844 146,672
Product      
Revenues:      
Revenue 306,056 259,998 215,229
Cost of revenues:      
Cost of Goods and Services Sold $ 191,227 $ 173,385 $ 148,280