Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.22.1
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We operate through business segments according to the nature and economic characteristics of our products as well as the manner in which the information is used internally by our key decision maker, who is our Chief Executive Officer. Segment data may include rounding differences.
Our Specialty Petrochemicals segment includes SHR and GSPL. Our Specialty Waxes segment is TC. We also separately identify our corporate overhead which includes administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.
  Three Months Ended March 31, 2022
  Specialty Petrochemicals Specialty Waxes Corporate Consolidated
  (in thousands)
Product sales $ 69,090  $ 9,971  $ —  $ 79,061 
Processing fees 1,488  2,665  —  4,153 
Total revenues 70,578  12,636  —  83,214 
Operating income (loss) before depreciation and amortization 5,378  1,909  (2,854) 4,433 
Operating income (loss) 2,654  331  (2,853) 132 
Income (loss) before taxes 2,362  324  (2,768) (82)
Depreciation and amortization 2,729  1,578  —  4,307 
Capital expenditures 4,129  722  —  4,851 
  Three Months Ended March 31, 2021
  Specialty Petrochemicals Specialty Waxes Corporate Consolidated
  (in thousands)
Product sales $ 44,658  $ 6,907  $ —  $ 51,565 
Processing fees 1,254  1,766  —  3,020 
Total revenues 45,912  8,673  —  54,585 
Operating income (loss) before depreciation and amortization 2,571  (481) (3,023) (933)
Operating income (loss) (231) (1,957) (3,025) (5,213)
Income (loss) before taxes (297) (1,954) (3,154) (5,405)
Depreciation and amortization 2,802  1,476  3  4,281 
Capital expenditures 3,567  1,214  —  4,781 
  March 31, 2022
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Intangible assets, net —  10,601  —  —  10,601 
Total assets 293,854  79,953  109,853  (190,465) 293,195 
  December 31, 2021
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Intangible assets, net —  11,056  —  —  11,056 
Total assets 298,966  79,860  109,292  (194,578) 293,540