Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.23.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Producers
Performance Proppants
Common Stock
Common Class A
Common Stock
Common Class A
Producers
Common Stock
Common Class A
Performance Proppants
Common Stock
Common Class B
Additional Paid-in Capital
Additional Paid-in Capital
Producers
Additional Paid-in Capital
Performance Proppants
(Accumulated Deficit) Retained Earnings
Accumulated Other Comprehensive Income
Noncontrolling Interests
Members' Equity
Beginning balance at Dec. 31, 2021 $ 148.1                     $ 0.1 $ 1.0 $ 147.0
Stock issued for acquisition 72.9                         72.9
Net income 20.0                       0.4 19.6
Member contributions 5.0                         5.0
Deemed distribution (3.7)                         (3.7)
Foreign currency translation adjustments (0.1)                     (0.1)    
Ending balance at Mar. 31, 2022 242.2                       1.4 $ 240.8
Beginning balance at Dec. 31, 2022 (1,112.2)     $ 0.5     $ 1.0       $ (1,185.9)   72.2  
Beginning balance, Shares at Dec. 31, 2022       53,900,000     104,200,000              
Stock issued for acquisition   $ 6.2 $ 3.4           $ 6.2 $ 3.4        
Stock issued for acquisition, shares         400,000 300,000                
Net income 17.8                   22.0   (4.2)  
Net income 59.8                          
Stock-based compensation 1.0             $ 0.9         0.1  
Stock-based compensation related to deemed contribution 3.5             3.5            
Conversion of Flotek notes to Flotek common stock 12.7                       12.7  
Foreign currency translation adjustments 0.2                     0.1 0.1  
Foreign currency translation adjustments 0.3                          
Adjustment of redeemable noncontrolling interest to redemption amount 1,268.2             (9.2)     1,277.4      
Ending balance at Mar. 31, 2023 $ 200.8     $ 0.5     $ 1.0 $ 4.8     $ 113.5 $ 0.1 $ 80.9  
Ending balance, Shares at Mar. 31, 2023       54,600,000     104,200,000