Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

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