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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Revenues from product sales and services $ 141,700 $ 151,464 $ 464,607 $ 473,136
Cost of revenues:        
Depreciation, amortization, and accretion 8,837 8,578 26,367 25,705
Impairments and other charges 109 0 109 777
Insurance recoveries 0 0 0 (2,850)
Total cost of revenues 107,337 113,540 355,889 349,734
Gross profit 34,363 37,924 108,718 123,402
Exploration and pre-development costs 0 3,775 0 6,836
General and administrative expense 22,406 23,838 66,841 73,254
Interest expense, net 5,096 5,636 17,233 16,672
Loss on debt extinguishment 0 0 5,535 0
Other income, net (715) (2,041) (2,241) (8,690)
Income before taxes and discontinued operations 7,576 6,716 21,350 35,330
Provision for income taxes 4,744 1,248 9,963 5,612
Income before discontinued operations 2,832 5,468 11,387 29,718
Discontinued operations:        
Loss from discontinued operations, net of taxes (5,830) (48) (5,830) (68)
Net income (loss) (2,998) 5,420 5,557 29,650
Loss attributable to noncontrolling interests 0 0 3 25
Net income (loss) attributable to TETRA stockholders $ (2,998) $ 5,420 $ 5,560 $ 29,675
Basic net income (loss) per common share:        
Income from continuing operations (in dollars per share) $ 0.02 $ 0.04 $ 0.09 $ 0.23
Loss from discontinued operations (in dollars per share) (0.04) 0 (0.04) 0
Net income (loss) attributable to TETRA stockholders (in dollars per share) $ (0.02) $ 0.04 $ 0.05 $ 0.23
Weighted average basic shares outstanding (in shares) 131,579 129,777 131,100 129,395
Diluted net income (loss) per common share:        
Income from continuing operations (in dollars per share) $ 0.02 $ 0.04 $ 0.09 $ 0.23
Loss from discontinued operations (in dollars per share) (0.04) 0 (0.04) 0
Net income (loss) attributable to TETRA stockholders (in dollars per share) $ (0.02) $ 0.04 $ 0.05 $ 0.23
Weighted average diluted shares outstanding (in shares) 132,029 132,089 132,093 130,835
Product sales        
Revenues:        
Revenues from product sales and services $ 71,775 $ 68,967 $ 241,734 $ 230,719
Cost of revenues:        
Cost of product sales and services 38,506 41,410 144,990 139,678
Services        
Revenues:        
Revenues from product sales and services 69,925 82,497 222,873 242,417
Cost of revenues:        
Cost of product sales and services $ 59,885 $ 63,552 $ 184,423 $ 186,424