Tetra technologies, inc. (TTI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current assets:
Cash and cash equivalents

29,473

17,704

35,918

25,979

36,868

40,038

53,899

70,157

104,113

26,128

20,850

23,098

12,828

29,840

22,210

23,917

25,833

29,840

25,478

41,941

34,516

48,384

36,215

37,569

30,302

38,754

28,676

30,512

28,583

74,048

20,908

49,212

121,399

204,412

224,888

323,774

72,481

65,360

74,154

89,227

33,394

Restricted cash

53

64

61

66

65

64

69

4,273

8,978

261

262

6,882

6,694

6,691

6,694

6,688

6,686

6,691

11,481

8,697

8,805

8,721

8,786

8,945

9,070

9,067

9,068

9,066

5,568

5,571

5,568

5,562

5,566

8,780

15,652

102

99

360

360

351

266

Trade accounts receivable, net of allowances

169,231

176,291

170,168

195,424

183,646

187,592

188,830

181,454

175,262

144,051

152,872

148,027

128,050

114,284

120,175

110,685

109,724

114,284

203,768

190,908

191,378

226,966

233,827

179,888

169,555

180,659

196,143

171,448

180,355

176,352

218,132

183,841

164,169

141,537

161,631

161,082

158,314

161,864

164,817

169,883

181,038

Derivative assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,436

12,159

19,665

19,926

Deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

351

440

-

17,969

12,330

13,002

14,740

11,461

13,981

23,351

29,789

30,240

28,968

39,727

39,330

32,987

32,575

32,211

29,685

-

-

0

Inventories

142,116

136,510

142,406

138,424

156,628

143,571

150,638

133,367

127,925

115,438

122,045

118,085

117,493

106,546

128,405

124,315

126,682

106,546

145,457

181,942

199,835

189,357

177,149

92,686

98,325

100,792

92,325

93,157

99,732

103,041

102,049

98,236

104,230

99,985

97,503

94,945

98,376

104,305

111,690

107,792

122,274

Disposal Group, Including Discontinued Operation, Assets, Current

0

0

16

0

1,422

1,354

1,301

-

-

34,879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

378

378

-

Notes receivable

-

-

0

7,627

7,586

7,544

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

1,538

7,907

-

30

44

70

-

729

729

730

214

0

0

0

2,568

2,541

2,536

2,536

5,541

14,603

14,546

12,018

12,009

19

34

48

3,743

6,101

9,215

-

0

-

-

-

Prepaid expenses and other current assets

23,107

20,785

22,563

25,326

24,078

20,528

19,725

19,457

22,618

17,597

19,372

20,037

19,334

18,430

19,226

21,336

24,658

18,216

24,305

27,634

24,215

24,463

23,083

22,382

27,660

24,386

19,770

22,412

31,792

34,299

27,253

24,832

29,429

30,714

26,469

22,568

41,618

50,928

52,525

44,203

33,920

Total current assets

363,980

351,354

371,132

392,846

410,293

400,691

414,462

410,246

446,803

338,354

315,431

316,173

284,469

275,791

297,439

287,670

294,313

275,791

411,025

451,473

459,189

500,459

499,570

356,336

350,450

373,939

372,046

355,122

381,399

435,109

404,169

390,685

464,568

528,501

565,231

644,261

403,099

414,938

416,083

431,499

390,818

Property, plant, and equipment:
Land and building

57,357

60,586

75,206

75,423

78,183

78,746

78,764

79,000

78,940

78,559

79,258

79,106

78,889

78,929

79,208

79,288

79,519

78,929

79,062

79,173

76,058

75,200

74,659

43,158

42,982

42,954

42,661

41,703

41,413

41,153

79,112

79,253

-

76,937

76,900

76,994

77,309

79,368

78,318

78,378

77,246

Machinery and equipment

1,347,642

1,335,157

1,316,661

1,294,944

1,286,832

1,265,732

1,221,746

1,207,766

1,195,458

1,167,680

1,358,008

1,345,741

1,341,880

1,348,286

1,353,135

1,351,604

1,351,985

1,348,286

1,373,469

1,359,786

1,336,256

1,292,734

1,277,455

713,570

699,878

682,836

653,053

633,417

602,273

589,725

607,103

573,486

-

530,408

451,473

445,450

449,514

482,677

472,766

467,913

458,675

Automobiles and trucks

30,052

31,681

33,163

35,381

35,519

35,568

36,406

36,502

36,392

34,744

35,359

36,453

36,326

36,341

36,816

38,037

41,055

36,341

47,307

51,311

55,564

57,035

58,202

56,235

55,772

57,588

58,917

58,856

59,023

57,708

55,579

52,021

-

46,950

46,950

46,315

46,377

43,492

43,244

42,824

42,432

Chemical plants

58,327

57,692

189,416

190,325

189,522

188,641

188,072

188,135

189,173

186,790

185,663

184,798

183,207

182,951

183,853

183,816

184,020

182,951

181,155

180,078

173,658

174,108

173,938

175,550

175,693

175,494

167,793

166,514

164,264

161,565

159,932

158,234

-

158,065

157,587

157,637

156,366

176,853

176,512

176,512

94,767

Oil and gas producing assets (successful efforts method)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

585,141

761,449

711,850

683,754

676,692

Construction in progress

24,760

34,393

50,055

50,016

49,540

44,419

62,162

44,590

37,930

31,566

14,458

25,866

19,161

11,918

10,642

7,725

4,978

11,918

6,573

6,894

17,147

21,483

24,579

32,310

24,193

14,170

30,232

30,462

46,496

40,452

47,566

43,956

-

25,316

96,496

22,689

20,933

15,677

12,697

12,697

95,470

Total property, plant, and equipment

1,518,138

1,519,509

1,664,501

1,646,089

1,639,596

1,613,106

1,587,150

1,555,993

1,537,893

1,499,339

1,672,746

1,671,964

1,659,463

1,658,425

1,663,654

1,660,470

1,661,557

1,658,425

1,687,566

1,677,242

1,658,683

1,620,560

1,608,833

1,020,823

998,518

973,042

952,656

930,952

913,469

890,603

949,292

906,950

-

837,676

829,406

749,085

1,335,640

1,559,516

1,495,387

1,462,078

1,445,282

Less accumulated depreciation

777,891

760,872

803,109

785,654

778,647

759,175

741,969

722,915

713,125

689,907

776,876

760,061

735,790

712,974

686,199

660,301

634,642

712,974

581,756

556,428

526,597

496,368

457,005

435,538

415,702

400,426

385,678

368,594

353,426

337,889

344,444

327,729

-

308,375

295,576

-281,968

-652,317

819,646

-722,415

-698,780

-628,908

Net property, plant, and equipment

740,247

758,637

861,392

860,435

860,949

853,931

845,181

833,078

824,768

809,432

895,870

911,903

923,673

945,451

977,455

1,000,169

1,026,915

945,451

1,105,810

1,120,814

1,132,086

1,124,192

1,151,828

585,285

582,816

572,616

566,978

562,358

560,043

552,714

604,848

579,221

554,889

529,301

533,830

467,117

683,323

739,870

772,972

763,298

816,374

Other assets:
Goodwill

-

-

25,784

25,784

25,859

25,859

22,197

22,197

21,856

6,636

6,636

6,636

6,636

6,636

6,636

6,636

6,636

6,636

292,157

293,278

290,960

293,866

369,048

202,235

202,882

188,159

188,706

186,159

186,982

189,604

188,866

150,966

130,464

99,132

99,132

99,132

99,005

99,005

99,005

99,005

99,005

Patents, trademarks and other intangible assets, net of accumulated amortization

72,104

74,199

76,225

78,272

80,293

82,184

80,963

85,878

88,134

47,405

63,645

64,915

66,217

67,713

69,571

71,314

73,622

67,713

95,881

99,813

103,170

107,167

111,545

55,855

54,853

31,980

32,846

32,867

34,332

36,735

37,963

37,205

34,144

11,872

12,537

13,246

13,987

13,024

11,356

12,073

13,198

Deferred tax assets, net

24

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

-

-

19

20

13

13

10

10

10

10

28

28

28

28

24

25

25

28

1,209

1,974

2,618

2,183

21,417

3,327

2,888

2,170

3,842

1,347

626

594

71

74

76

258

11

12

41

899

1,113

998

1,342

Operating lease right-of-use assets

75,344

68,131

57,848

57,924

60,149

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes, Loans and Financing Receivable, Net, Current

-

-

-

-

-

-

7,540

7,501

7,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Assets, Noncurrent

-

-

-

-

-

-

0

-

-

86,255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

18,065

19,577

23,300

23,905

21,969

22,849

21,886

20,709

19,229

20,522

19,800

18,230

18,470

19,921

20,925

20,609

35,793

19,921

35,231

36,293

40,852

54,521

40,831

25,228

24,397

37,669

37,134

33,699

36,655

47,062

42,477

40,619

35,105

34,246

33,741

27,184

31,879

31,892

33,100

30,149

26,862

Total other assets

165,537

161,931

183,176

185,905

188,283

130,905

132,596

136,295

136,691

160,828

90,109

89,809

91,351

94,298

97,156

98,584

116,076

94,298

424,478

431,358

437,600

457,737

542,841

286,645

285,020

259,978

262,528

254,072

258,595

273,995

269,377

228,864

199,789

145,508

145,421

139,574

144,912

144,820

144,574

142,225

140,407

Total assets

1,269,764

1,271,922

1,415,700

1,439,186

1,459,525

1,385,527

1,392,239

1,379,619

1,408,262

1,308,614

1,301,410

1,317,885

1,299,493

1,315,540

1,372,050

1,386,423

1,437,304

1,315,540

1,941,313

2,003,645

2,028,875

2,082,388

2,194,239

1,228,266

1,218,286

1,206,533

1,201,552

1,171,552

1,200,037

1,261,818

1,278,394

1,198,770

1,219,246

1,203,310

1,244,482

1,250,952

1,231,334

1,299,628

1,333,629

1,337,022

1,347,599

LIABILITIES AND EQUITY
Current liabilities:
Trade accounts payable

88,204

88,917

97,142

85,757

88,223

80,279

70,756

55,292

60,135

70,847

64,320

51,142

39,334

45,889

40,900

46,684

46,191

45,889

56,589

79,720

78,948

119,240

101,676

88,671

89,387

69,220

75,369

66,572

61,404

67,453

64,503

56,748

47,924

46,382

47,794

50,931

32,445

51,830

55,570

61,955

57,418

Unearned income

28,422

9,831

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned income

-

-

26,896

32,200

50,379

26,695

38,263

30,718

38,168

18,701

16,659

16,773

14,448

13,879

20,468

21,752

22,689

13,879

31,084

58,884

88,020

70,688

-

-

-

1,742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

76,559

87,877

87,127

86,995

77,107

89,232

69,867

72,829

45,171

58,478

59,127

65,357

45,084

55,666

53,158

59,703

69,638

55,636

92,025

86,986

76,338

85,700

135,359

62,047

71,169

63,275

78,577

74,122

76,990

73,254

85,540

83,091

90,669

80,940

85,752

78,129

79,197

87,529

90,311

68,478

84,655

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

30

-

0

0

0

30

90,425

90,000

90,000

90,074

90,288

90,000

0

89

0

63

252

35,441

35,665

35,035

-

35

-

-

-

-

93,114

-

-

Decommissioning and other asset retirement obligations, current

-

-

-

-

-

-

-

-

-

-

492

809

944

1,451

376

3,291

3,716

1,451

17,912

11,521

9,243

12,758

42,531

30,157

31,326

38,700

33,964

40,814

61,714

80,667

75,804

75,537

94,204

105,008

109,029

89,390

100,718

72,265

92,443

80,404

77,891

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,889

16,981

19,893

Derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12,046

5,208

0

0

2,618

Disposal Group, Including Discontinued Operation, Liabilities, Current

2,011

2,098

1,907

2,510

3,529

4,145

3,570

8,343

14,287

25,688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Total current liabilities

195,196

188,723

213,072

207,462

219,238

200,351

182,456

167,182

157,761

173,714

140,598

134,081

99,840

116,885

114,902

131,430

142,234

116,885

288,035

327,111

342,549

378,460

369,854

270,875

191,882

173,026

187,910

181,571

200,360

256,815

261,512

250,411

232,797

232,365

242,575

218,450

224,406

216,832

346,327

227,818

242,475

Long-term Debt, Excluding Current Maturities

845,842

842,871

858,272

856,482

845,843

815,560

822,905

810,739

823,565

629,855

624,126

647,412

640,396

623,730

738,032

788,222

841,366

623,730

829,049

846,112

859,785

844,961

849,881

327,052

389,974

387,727

352,898

345,957

332,121

331,268

332,960

270,000

305,000

305,000

305,035

305,035

305,035

305,035

215,035

304,217

310,132

Deferred income taxes

2,762

2,988

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

3,729

3,809

3,456

3,242

3,348

3,889

4,040

4,404

7,081

7,133

7,335

7,296

8,251

8,778

9,796

7,296

11,474

9,538

10,650

11,706

13,143

7,695

11,071

17,651

23,301

21,961

35,317

41,910

47,237

42,516

55,329

48,537

59,742

59,677

42,039

46,789

57,662

60,327

56,125

Decommissioning and other asset retirement obligations, net

12,878

12,762

12,603

12,468

12,331

12,202

12,014

12,073

11,929

11,738

56,025

55,190

54,538

54,027

54,962

51,732

50,875

54,027

42,064

47,887

53,397

49,983

12,256

12,031

15,841

12,204

11,339

16,516

17,000

14,254

23,702

37,601

32,640

34,827

24,566

55,135

130,116

200,550

109,792

135,743

146,219

Preferred Units

-

-

0

7,894

18,278

-

36,944

45,644

54,214

-

68,309

67,636

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CCLP Series A Preferred Units

-

-

-

-

-

27,019

-

-

-

61,436

-

-

78,260

77,062

77,018

-

-

77,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty Liability

112

449

1,038

960

2,480

2,073

13,224

13,403

11,207

13,202

6,936

6,982

12,527

18,503

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

59,845

53,919

45,993

47,398

49,632

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent

-

-

-

-

-

-

0

-

-

48,225

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

6,198

7,384

7,465

8,022

8,157

12,331

15,159

15,627

20,085

13,479

15,825

15,724

17,670

17,571

21,651

18,477

30,936

17,571

17,495

17,953

17,899

31,677

18,898

19,531

19,871

18,427

19,955

19,804

24,568

24,263

16,495

16,119

17,711

13,493

17,435

11,047

12,385

14,099

15,479

15,477

16,154

Total long-term liabilities

927,637

920,373

929,100

937,033

940,177

872,427

903,594

901,375

925,040

782,339

778,302

800,077

810,726

798,189

899,914

867,209

932,973

798,189

900,082

921,490

941,731

938,327

894,178

366,309

436,757

436,009

407,493

404,238

409,006

411,695

420,394

366,236

410,680

401,857

406,778

430,894

489,575

566,473

397,968

515,764

528,630

Equity:
Common stock, par value $0.01 per share

1,287

1,283

1,284

1,284

1,284

1,285

1,284

1,283

1,282

1,185

1,185

1,179

1,179

1,175

927

952

830

1,179

829

829

823

823

822

821

814

813

812

811

806

804

803

803

-

797

790

788

783

778

777

776

770

Additional paid-in capital

468,088

466,959

465,615

464,305

462,241

460,680

459,123

457,082

455,046

425,648

424,129

422,784

420,697

419,236

325,653

323,892

257,948

419,232

247,232

244,053

242,366

241,166

239,173

237,447

236,307

234,360

232,023

230,512

229,065

226,954

225,713

224,664

-

220,144

212,136

210,558

207,922

203,044

200,456

197,711

193,718

Treasury stock, at cost

19,253

19,164

19,164

19,116

19,105

18,950

18,936

18,865

18,821

18,651

18,612

18,610

18,316

18,316

18,207

18,207

16,843

18,316

16,669

16,664

16,419

16,419

16,187

16,132

15,788

15,765

15,318

15,293

15,051

15,027

14,958

14,954

-

14,841

9,963

-9,836

-8,837

8,382

-8,357

-8,344

-8,310

Accumulated other comprehensive income (loss)

-58,421

-52,183

-55,242

-51,480

-52,245

-51,663

-50,270

-49,594

-42,099

-43,767

-43,133

-45,940

-49,233

-51,285

-46,792

-45,465

-42,164

-51,285

-40,271

-33,644

-36,002

-26,215

-11,556

-3,127

-6,370

-3,903

-3,343

-10,216

-7,430

-1,494

-823

-5,897

-

-2,877

351

9,483

224

1,107

13,807

20,816

26,822

Retained earnings

-364,073

-362,522

-248,691

-232,860

-225,947

-217,952

-222,884

-215,948

-209,983

-156,335

-127,595

-130,740

-119,749

-117,287

-85,732

-70,723

-44,150

-117,287

190,591

180,835

165,911

170,358

320,109

330,645

333,102

340,036

350,366

338,256

341,187

339,883

343,891

336,178

-

323,923

349,022

347,635

317,261

319,776

382,651

382,481

363,494

Total TETRA stockholders' equity

27,628

34,373

143,802

162,133

166,228

173,400

168,317

173,958

185,425

208,080

235,974

228,673

234,578

233,523

175,849

190,449

155,621

233,523

381,712

375,409

356,679

369,713

532,361

549,654

548,065

555,541

564,540

544,070

548,577

551,120

554,626

540,794

534,478

527,146

552,336

558,628

517,353

516,323

589,334

593,440

576,494

Noncontrolling interests

119,303

128,453

129,726

132,558

133,882

139,349

137,872

137,104

140,036

144,481

146,536

155,054

154,349

166,943

181,385

197,335

206,476

166,943

371,484

379,635

387,916

395,888

397,846

41,428

41,582

41,957

41,609

41,673

42,094

42,188

41,862

41,329

41,291

41,942

42,793

42,980

-

0

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

146,931

162,826

273,528

294,691

300,110

312,749

306,189

311,062

325,461

352,561

382,510

383,727

388,927

400,466

357,234

387,784

362,097

400,466

753,196

755,044

744,595

765,601

930,207

591,082

589,647

597,498

606,149

585,743

590,671

593,308

596,488

582,123

575,769

569,088

595,129

601,608

-

516,323

-

-

-

Total liabilities and equity

1,269,764

1,271,922

1,415,700

1,439,186

1,459,525

1,385,527

1,392,239

1,379,619

1,408,262

1,308,614

1,301,410

1,317,885

1,299,493

1,315,540

1,372,050

1,386,423

1,437,304

1,315,540

1,941,313

2,003,645

2,028,875

2,082,388

2,194,239

1,228,266

1,218,286

1,206,533

1,201,552

1,171,552

1,200,037

1,261,818

1,278,394

1,198,770

1,219,246

1,203,310

1,244,482

1,250,952

1,231,334

1,299,628

1,333,629

1,337,022

1,347,599