tti8k-20100507.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION
13 OR 15(d) OF THE
SECURITIES EXCHANGE
ACT OF 1934
Date of report (date of earliest event
reported): May 7,
2010
TETRA Technologies, Inc.
(Exact name of
registrant as specified in its charter)
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Delaware
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1-13455
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74-2148293
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(State or
other jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
incorporation)
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Identification
No.)
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24955
Interstate 45 North
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The
Woodlands, Texas 77380
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(Address of
Principal Executive Offices and Zip Code)
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Registrant’s
telephone number, including area code: (281)
367-1983
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Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
2.02. Results of Operations and Financial Condition.
On May 7, 2010, TETRA Technologies, Inc. (the
“Company”) issued a press release announcing its financial results for the first
quarter of 2010. The press release is furnished herewith as Exhibit 99.1 and is
incorporated herein by reference.
The information furnished in this Item 2.02 and
in Exhibit 99.1 to this Current Report shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as shall be expressly set forth by specific reference in such
filing.
Use of Non-GAAP
Financial Information
The Company provides quarterly and annual financial
statements that are prepared in accordance with generally accepted accounting
principles, or “GAAP.” To help understand the Company’s past financial
performance and future results, the Company has supplemented its financial
results that it provides in accordance with GAAP included in the press release
with a disclosure concerning net debt, a non-GAAP financial measure. The method
the Company uses to produce this non-GAAP financial measure may differ from the
methods used by other companies. Net debt is not a measure of financial
performance under GAAP and the Company’s reference to this non-GAAP financial
measure should be considered in addition to results that are prepared under GAAP
and should not be considered as a substitute for the financial results that are
presented as consistent with GAAP. The Company’s management uses the
supplemental non-GAAP financial information internally to understand, manage and
evaluate the company’s business, to make operating decisions and for planning
and forecasting purposes. Reconciliation to the nearest GAAP financial measure
of the non-GAAP financial measure is included in the press release attached
hereto as Exhibit 99.1.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit
Number
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Description
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99.1
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Press
Release, dated May 7, 2010, issued by TETRA Technologies,
Inc.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
TETRA Technologies, Inc.
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By:
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/s/Stuart M.
Brightman
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Stuart M.
Brightman
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President
& Chief Executive Officer
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Date: May 7,
2010
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EXHIBIT
INDEX
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Exhibit
Number
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Description
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99.1
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Press
Release, dated May 7, 2010, issued by TETRA Technologies,
Inc.
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