Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.4.0.3
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2016
SEGMENT INFORMATION [Abstract]  
Segment Information
Our petrochemical segment includes SHR and GSPL.  Our specialty wax segment includes TC.  We also separately identify our corporate overhead and investing which includes financing and administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.

   
Three Months Ended March 31, 2016
 
   
Petrochemical
   
Specialty Wax
   
Corporate
   
Consolidated
 
   
(in thousands)
 
Product sales
  $ 42,624     $ 4,557     $ -     $ 47,181  
Processing fees
    1,441       3,578       -       5,019  
Net revenues
    44,065       8,135       -       52,200  
Operating profit before depreciation and amortization
    8,412       2,062       (1,933 )     8,541  
Operating profit (loss)
    7,075       1,011       (1,941 )     6,145  
Depreciation and amortization
    1,337       1,051       8       2,396  
Capital expenditures
    5,662       1,940       -       7,602  

   
Three Months Ended March 31, 2015
 
   
Petrochemical
   
Specialty Wax
   
Corporate
   
Consolidated
 
   
(in thousands)
 
Product sales
  $ 47,183     $ 3,358     $ -     $ 50,541  
Processing fees
    1,524       3,078       -       4,602  
Net revenues
    48,707       6,436       -       55,143  
Operating profit before depreciation and amortization
    11,712       2,074       (1,812 )     11,974  
Operating profit (loss)
    10,617       928       (1,812 )     9,733  
Depreciation and amortization
    1,095       1,146       -       2,241  
Capital expenditures
    6,815       928       -       7,743  

   
March 31, 2016
 
   
Petrochemical
   
Specialty Wax
   
Corporate
   
Eliminations
   
Consolidated
 
   
(in thousands)
 
Goodwill and intangible assets, net
  $ -     $ 45,877     $ -     $ -     $ 45,877  
Total assets
    199,696       87,705       101,401       (126,073 )     262,729  

   
Year Ended December 31, 2015
 
   
Petrochemical
   
Specialty Wax
   
Corporate
   
Eliminations
   
Consolidated
 
   
(in thousands)
 
Goodwill and intangible assets, net
  $ -     $ 46,347     $ -     $ -     $ 46,347  
Total assets
    195,358       86,076       98,728       (122,371 )     257,791