XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues from product sales and services $ 173,872 $ 171,935 $ 331,012 $ 322,907
Cost of revenues:        
Cost of product sales and services 116,346 119,908 220,911 231,022
Depreciation, amortization and accretion 9,189 8,774 18,340 17,530
Impairments and other charges 93 0 611 0
Total cost of revenues 125,628 128,682 239,862 248,552
Gross profit 48,244 43,253 91,150 74,355
General and administrative expense 25,259 22,137 49,393 44,435
Interest expense, net 4,194 6,185 8,918 12,137
Loss on debt extinguishment 0 0 0 5,535
Other (income) expense, net (645) 2,452 8,317 (1,526)
Net income before taxes 19,436 12,479 24,522 13,774
Provision for income taxes 8,131 4,839 9,168 5,219
Net income 11,305 7,640 15,354 8,555
Loss attributable to noncontrolling interests 0 3 0 3
Net income attributable to TETRA stockholders $ 11,305 $ 7,643 $ 15,354 $ 8,558
Basic net income per common share:        
Net income attributable to TETRA stockholders (in dollars per share) $ 0.08 $ 0.06 $ 0.12 $ 0.07
Weighted average basic shares outstanding (in shares) 133,152 131,263 132,753 130,858
Diluted net income per common share:        
Net income attributable to TETRA stockholders (in dollars per share) $ 0.08 $ 0.06 $ 0.12 $ 0.06
Weighted average diluted shares outstanding (in shares) 133,422 132,169 133,371 132,115
Product sales        
Revenues:        
Revenues from product sales and services $ 102,717 $ 96,622 $ 190,886 $ 169,959
Cost of revenues:        
Cost of product sales and services 57,323 61,078 107,088 106,484
Services        
Revenues:        
Revenues from product sales and services 71,155 75,313 140,126 152,948
Cost of revenues:        
Cost of product sales and services $ 59,023 $ 58,830 $ 113,823 $ 124,538