XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Discontinued Operations and Disposal Groups (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | A summary of financial information related to our discontinued operations is as follows: Reconciliation of the Line Items Constituting Pretax Loss from Discontinued Operations to the After-Tax Loss from Discontinued Operations (in thousands)
| Year Ended December 31, 2021
| Compression |  | Offshore Services |  | Total
Revenue | $ | 18,968 |  |  | $ | — |  |  | $ | 18,968 |
Cost of revenues | 11,471 |  |  | (142) |  |  | 11,329 |
General and administrative expense | 2,766 |  |  | (179) |  |  | 2,587 |
Interest expense, net | 4,336 |  |  | — |  |  | 4,336 |
Other expense, net | 164 |  |  | 252 |  |  | 416 |
Pretax income from discontinued operations | 231 |  |  | 69 |  |  | 300 |
Pretax income on disposal of discontinued operations |  |  |  |  | 120,137 |
Total pretax income from discontinued operations |  |  |  |  | 120,437 |
Income tax provision |  |  |  |  | 30 |
Income from discontinued operations |  |  |  |  | 120,407 |
Income from discontinued operations attributable to noncontrolling interest |  |  |  |  | (333) |
Income from discontinued operations attributable to TETRA stockholders |  |  |  |  | $ | 120,074 |
| Year Ended December 31, 2020
| Compression |  | Offshore Services |  | Total
Revenue | 338,246 |  |  | — |  |  | 338,246 |
Cost of revenues | 212,253 |  |  | (330) |  |  | 211,923 |
Depreciation, amortization, and accretion | 80,533 |  |  | — |  |  | 80,533 |
Impairments and other charges | 20,841 |  |  | — |  |  | 20,841 |
General and administrative expense | 37,895 |  |  | 473 |  |  | 38,368 |
Interest expense, net | 52,771 |  |  | — |  |  | 52,771 |
Other expense, net | 2,688 |  |  | — |  |  | 2,688 |
Pretax loss from discontinued operations | (68,735) |  |  | (143) |  |  | (68,878) |
Income tax provision |  |  |  |  | 3,211 |
Loss from discontinued operations |  |  |  |  | (72,089) |
Loss from discontinued operations attributable to noncontrolling interest |  |  |  |  | 47,898 |
Loss from discontinued operations attributable to TETRA stockholders |  |  |  |  | (24,191) |
| Year Ended December 31, 2019
| Compression |  | Offshore Services |  | Maritech |  | Total
Revenue | 476,692 |  |  | — |  |  | — |  |  | 476,692 |
Cost of revenues | 320,037 |  |  | (192) |  |  | — |  |  | 319,845 |
Depreciation, amortization, and accretion | 76,663 |  |  | 52 |  |  | — |  |  | 76,715 |
General and administrative expense | 43,281 |  |  | 2,618 |  |  | — |  |  | 45,899 |
Interest expense, net | 51,974 |  |  | — |  |  | — |  |  | 51,974 |
CSI Compressco Series A Preferred Units fair value adjustment expense | 1,309 |  |  | — |  |  | — |  |  | 1,309 |
Other (income) expense, net | (558) |  |  | 117 |  |  | 118 |  |  | (323) |
Pretax loss from discontinued operations | (16,014) |  |  | (2,595) |  |  | (118) |  |  | (18,727) |
Pretax loss on disposal of discontinued operations |  |  |  |  |  |  | (7,500) |
Total pretax loss from discontinued operations |  |  |  |  |  |  | (26,227) |
Income tax provision |  |  |  |  |  |  | 3,353 |
Loss from discontinued operations |  |  |  |  |  |  | (29,580) |
Loss from discontinued operations attributable to noncontrolling interest |  |  |  |  |  |  | 13,538 |
Loss from discontinued operations attributable to TETRA stockholders |  |  |  |  |  |  | $ | (16,042) |
Reconciliation of Major Classes of Assets and Liabilities of the Discontinued Operations to Amounts Presented Separately in the Statement of Financial Position (in thousands)
| December 31, 2021
| Offshore Services |  | Maritech |  |  |  | Total
Carrying amounts of major classes of liabilities included as part of discontinued operations |  |  |  |  |  |  |
Trade payables | $ | 1,157 |  |  | $ | — |  |  |  |  | $ | 1,157 |
Accrued liabilities and other | — |  |  | 228 |  |  |  |  | 228 |
Total liabilities associated with discontinued operations | $ | 1,157 |  |  | $ | 228 |  |  |  |  | $ | 1,385 |
| December 31, 2020
| Compression |  | Offshore Services |  | Maritech |  | Total
Carrying amounts of major classes of assets included as part of discontinued operations |  |  |  |  |  |  |
Cash and cash equivalents | $ | 16,577 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,577 |
Trade receivables | 43,837 |  |  | — |  |  | — |  |  | 43,837 |
Inventories | 31,220 |  |  | — |  |  | — |  |  | 31,220 |
Other current assets | 5,231 |  |  | — |  |  | — |  |  | 5,231 |
Property, plant, and equipment | 551,401 |  |  | — |  |  | — |  |  | 551,401 |
Other assets | 61,740 |  |  | — |  |  | — |  |  | 61,740 |
Total assets associated with discontinued operations(1) | $ | 710,006 |  |  | $ | — |  |  | $ | — |  |  | $ | 710,006 |
Carrying amounts of major classes of liabilities included as part of discontinued operations |  |  |  |  |  |  |
Trade payables | $ | 19,766 |  |  | $ | 1,222 |  |  | $ | — |  |  | $ | 20,988 |
Unearned income | 269 |  |  | — |  |  | — |  |  | 269 |
Accrued liabilities and other | 36,318 |  |  | 352 |  |  | 228 |  |  | 36,898 |
Long-term debt, net | 638,631 |  |  | — |  |  | — |  |  | 638,631 |
Other liabilities | 37,253 |  |  | — |  |  | — |  |  | 37,253 |
Total liabilities associated with discontinued operations(1) | $ | 732,237 |  |  | $ | 1,574 |  |  | $ | 228 |  |  | $ | 734,039 |
(1) All assets and liabilities associated with discontinued operations of our former Compression Division are classified as current as of December 31, 2020 due to completion of the GP Sale within one year.

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration