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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Data [Abstract] |
Schedule of quarterly financial data |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
| (in thousands, except per share data)
2019 |  |  |  |  |  |  |  |  |
Revenue (1) | $ | 43,256 |  |  | $ | 34,692 |  |  | $ | 21,879 |  |  | $ | 19,526 |  |  | $ | 119,353 |
Loss from operations (1) | (14,266 | ) |  | (13,859 | ) |  | (11,853 | ) |  | (36,647 | ) |  | (76,625 | )
(Loss) income from continuing operations (1) | $ | (15,380 | ) |  | $ | (12,990 | ) |  | $ | (11,227 | ) |  | $ | (37,138 | ) |  | $ | (76,735 | )
Income (loss) from discontinued operations, net of tax | 48,372 |  |  | (1,608 | ) |  | 117 |  |  | (2,425 | ) |  | 44,456 |
Net (loss) income | 32,992 |  |  | (14,598 | ) |  | (11,110 | ) |  | (39,563 | ) |  | (32,279 | )
Net loss attributable to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net loss attributable to Flotek Industries, Inc. (Flotek) | $ | 32,992 |  |  | $ | (14,598 | ) |  | $ | (11,110 | ) |  | $ | (39,563 | ) |  | $ | (32,279 | )
Amounts attributable to Flotek shareholders: |  |  |  |  |  |  |  |  |
Loss from continuing operations (1) | $ | (15,380 | ) |  | $ | (12,990 | ) |  | $ | (11,227 | ) |  | $ | (37,138 | ) |  | $ | (76,735 | )
Income (loss) from discontinued operations, net of tax | 48,372 |  |  | (1,608 | ) |  | 117 |  |  | (2,425 | ) |  | 44,456 |
Net income (loss) attributable to Flotek | $ | 32,992 |  |  | $ | (14,598 | ) |  | $ | (11,110 | ) |  | $ | (39,563 | ) |  | $ | (32,279 | )
Basic earnings (loss) per common share (2): |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.26 | ) |  | $ | (0.22 | ) |  | $ | (0.19 | ) |  | $ | (0.64 | ) |  | $ | (1.31 | )
Discontinued operations | 0.83 |  |  | (0.03 | ) |  | — |  |  | (0.04 | ) |  | 0.76 |
Basic earnings (loss) per common share | $ | 0.57 |  |  | $ | (0.25 | ) |  | $ | (0.19 | ) |  | $ | (0.68 | ) |  | $ | (0.55 | )
Diluted earnings (loss) per common share (2): |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.26 | ) |  | $ | (0.22 | ) |  | $ | (0.19 | ) |  | $ | (0.64 | ) |  | $ | (1.31 | )
Discontinued operations | 0.83 |  |  | (0.03 | ) |  | — |  |  | (0.04 | ) |  | 0.76 |
Diluted earnings (loss) per common share | $ | 0.57 |  |  | $ | (0.25 | ) |  | $ | (0.19 | ) |  | $ | (0.68 | ) |  | $ | (0.55 | )
2018 |  |  |  |  |  |  |  |  |
Revenue (1) | $ | 41,069 |  |  | $ | 39,546 |  |  | $ | 53,709 |  |  | $ | 43,449 |  |  | $ | 177,773 |
(Loss) income from operations (1) | (9,223 | ) |  | (47,140 | ) |  | (4,080 | ) |  | (9,368 | ) |  | (69,811 | )
Loss from continuing operations (1) | $ | (9,528 | ) |  | $ | (68,987 | ) |  | $ | (4,869 | ) |  | $ | 9,943 |  |  | $ | (73,441 | )
(Loss) income from discontinued operations, net of tax | 9,595 |  |  | (6,404 | ) |  | 937 |  |  | (1,385 | ) |  | 2,743 |
Net loss (income) | $ | 67 |  |  | $ | (75,391 | ) |  | $ | (3,932 | ) |  | $ | 8,558 |  |  | $ | (70,698 | )
Basic earnings (loss) per common share (2): |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.17 | ) |  | $ | (1.19 | ) |  | $ | (0.08 | ) |  | $ | 0.18 |  |  | $ | (1.26 | )
Discontinued operations | 0.17 |  |  | (0.11 | ) |  | 0.02 |  |  | (0.02 | ) |  | 0.05 |
Basic earnings (loss) per common share | $ | — |  |  | $ | (1.30 | ) |  | $ | (0.06 | ) |  | $ | 0.16 |  |  | $ | (1.21 | )
Diluted earnings (loss) per common share (2): |  |  |  |  |  |  |  |  |
Continuing operations | $ | (0.17 | ) |  | $ | (1.19 | ) |  | $ | (0.08 | ) |  | $ | 0.18 |  |  | $ | (1.26 | )
Discontinued operations | 0.17 |  |  | (0.11 | ) |  | 0.02 |  |  | (0.02 | ) |  | 0.05 |
Diluted earnings (loss) per common share | $ | — |  |  | $ | (1.30 | ) |  | $ | (0.06 | ) |  | $ | 0.16 |  |  | $ | (1.21 | )
(1) Amounts exclude impact of discontinued operations.
(2) The sum of the quarterly earnings (loss) per share (basic and diluted) may not agree to the earnings (loss) per share for the year due to the timing of common stock issuances.

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