XML 41 R13.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Equity | 6 Months Ended
--- | ---
Jun. 30, 2014
Notes to Financial Statements [Abstract] |
Equity | NOTE F – EQUITY Changes in equity for the three and six month periods ended June 30, 2014 and 2013, are as follows:
| Three Months Ended June 30,
| 2014 |  | 2013
| TETRA |  | Non- controlling Interest |  | Total |  | TETRA |  | Non- controlling Interest |  | Total
| (In Thousands)
Beginning balance for the period | $ | 548,062 |  |  | $ | 41,585 |  |  | $ | 589,647 |  |  | $ | 548,577 |  |  | $ | 42,094 |  |  | $ | 590,671 |
Net income (loss) | (2,457 | ) |  | 907 |  |  | (1,550 | ) |  | (2,931 | ) |  | 423 |  |  | (2,508 | )
Foreign currency translation adjustment, including taxes of ($750) in 2014 and taxes of $810 in 2013 | 3,244 |  |  | — |  |  | 3,244 |  |  | (2,786 | ) |  | — |  |  | (2,786 | )
Comprehensive income (loss) | 787 |  |  | 907 |  |  | 1,694 |  |  | (5,717 | ) |  | 423 |  |  | (5,294 | )
Exercise of common stock options | 105 |  |  | — |  |  | 105 |  |  | 207 |  |  | — |  |  | 207 |
Distributions to public unitholders | — |  |  | (1,265 | ) |  | (1,265 | ) |  | — |  |  | (1,202 | ) |  | (1,202 | )
Equity-based compensation | 1,184 |  |  | 235 |  |  | 1,419 |  |  | 1,398 |  |  | 371 |  |  | 1,769 |
Treasury stock and other | (352 | ) |  | (34 | ) |  | (386 | ) |  | (242 | ) |  | (13 | ) |  | (255 | )
Tax benefit upon exercise of stock options | (132 | ) |  | — |  |  | (132 | ) |  | (153 | ) |  | — |  |  | (153 | )
Ending balance as of June 30 | $ | 549,654 |  |  | $ | 41,428 |  |  | $ | 591,082 |  |  | $ | 544,070 |  |  | $ | 41,673 |  |  | $ | 585,743 |
| Six Months Ended June 30,
| 2014 |  | 2013
| TETRA |  | Non- controlling Interest |  | Total |  | TETRA |  | Non- controlling Interest |  | Total
| (In Thousands)
Beginning balance for the period | $ | 555,541 |  |  | $ | 41,957 |  |  | $ | 597,498 |  |  | $ | 551,120 |  |  | $ | 42,188 |  |  | $ | 593,308 |
Net income | (9,391 | ) |  | 1,751 |  |  | (7,640 | ) |  | (1,628 | ) |  | 1,220 |  |  | (408 | )
Foreign currency translation adjustment, including taxes of $446 in 2014 and taxes of $546 in 2013 | 777 |  |  | — |  |  | 777 |  |  | (8,722 | ) |  | — |  |  | (8,722 | )
Comprehensive Income (loss) | (8,614 | ) |  | 1,751 |  |  | (6,863 | ) |  | (10,350 | ) |  | 1,220 |  |  | (9,130 | )
Exercise of common stock options | 391 |  |  | — |  |  | 391 |  |  | 989 |  |  | — |  |  | 989 |
Distributions to public unitholders | — |  |  | (2,508 | ) |  | (2,508 | ) |  | — |  |  | (2,393 | ) |  | (2,393 | )
Equity-based compensation | 2,836 |  |  | 437 |  |  | 3,273 |  |  | 2,930 |  |  | 693 |  |  | 3,623 |
Treasury stock and other | (368 | ) |  | (209 | ) |  | (577 | ) |  | (230 | ) |  | (35 | ) |  | (265 | )
Tax benefit upon exercise of stock options | (132 | ) |  | — |  |  | (132 | ) |  | (389 | ) |  | — |  |  | (389 | )
Ending balance as of June 30 | $ | 549,654 |  |  | $ | 41,428 |  |  | $ | 591,082 |  |  | $ | 544,070 |  |  | $ | 41,673 |  |  | $ | 585,743 |
Activity within the foreign currency translation adjustment account during the periods includes no reclassifications to net income. As discussed in Note B - Acquisitions, to finance a portion of the CSI Acquisition purchase price, Compressco Partners completed a public offering of its common units pursuant to which it sold 15,280,000 of New Units. . A subsidiary of our Compressco Partners GP Inc. subsidiary purchased 1,391,113 of the New Units. Additionally, Compressco Partners GP Inc. contributed approximately $7.3 million in order to maintain its approximately 2% general partner interest in Compressco Partners. Prior to the CSI Acquisition and the offering of the New Units by Compressco Partners, we owned approximately 82% of Compressco Partners through our ownership of common units, subordinated units, and general partner interest (through which we hold incentive distribution rights). Following the CSI Acquisition, and the issuance of the New Units, our ownership of Compressco Partners is approximately 47%, consisting of approximately 45% limited partner interest (common and subordinated units) plus the approximately 2% general partner interest. Through Compressco Partners GP Inc., we will continue to manage Compressco Partners, and, accordingly, we will continue to consolidate the results of Compressco Partners as part of our consolidated results of operations. In connection with the Compressco Partners' offering of the New Units, Compressco Partners granted an option to the underwriters (subject to certain terms and conditions as set forth in the Underwriting Agreement) to purchase up to an additional 2,292,000 common units at the public offering price of $23.50 per common unit, less the underwriting discount. This option expires August 23, 2014. As a result of these transactions, and beginning in the third quarter of 2014, the non-controlling interest associated with the public ownership of Compressco Partners will be significantly increased.

X
- Details
Name: | tti_NotesToFinancialStatementsAbstract
Namespace Prefix: | tti_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration