|
CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2015
|
Dec. 31, 2014
|
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 8,991us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 8,506us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Trade receivables, net | 25,508us-gaap_AccountsReceivableNetCurrent | 28,271us-gaap_AccountsReceivableNetCurrent |
| Inventories | 14,439us-gaap_InventoryNet | 12,815us-gaap_InventoryNet |
| Prepaid expenses and other assets | 3,865us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 3,257us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Taxes receivable | 0us-gaap_IncomeTaxesReceivable | 434us-gaap_IncomeTaxesReceivable |
| Deferred income taxes | 1,784us-gaap_DeferredTaxAssetsNetCurrent | 1,652us-gaap_DeferredTaxAssetsNetCurrent |
| Total current assets | 54,587us-gaap_AssetsCurrent | 54,935us-gaap_AssetsCurrent |
| Plant, pipeline and equipment, net | 79,369us-gaap_PropertyPlantAndEquipmentNet | 73,811us-gaap_PropertyPlantAndEquipmentNet |
| Goodwill | 21,750us-gaap_Goodwill | 21,750us-gaap_Goodwill |
| Other intangible assets, net | 25,764us-gaap_OtherIntangibleAssetsNet | 26,235us-gaap_OtherIntangibleAssetsNet |
| Investment in AMAK | 53,081us-gaap_CostMethodInvestments | 53,023us-gaap_CostMethodInvestments |
| Mineral properties in the United States | 588us-gaap_MineralPropertiesNet | 588us-gaap_MineralPropertiesNet |
| Other assets | 387us-gaap_OtherAssetsNoncurrent | 1,732us-gaap_OtherAssetsNoncurrent |
| TOTAL ASSETS | 235,526us-gaap_Assets | 232,074us-gaap_Assets |
| Current Liabilities | ||
| Accounts payable | 9,099us-gaap_AccountsPayableCurrent | 9,535us-gaap_AccountsPayableCurrent |
| Current portion of derivative instruments | 166us-gaap_DerivativeLiabilitiesCurrent | 362us-gaap_DerivativeLiabilitiesCurrent |
| Accrued liabilities | 5,365us-gaap_AccruedLiabilitiesCurrent | 5,020us-gaap_AccruedLiabilitiesCurrent |
| Accrued liabilities in Saudi Arabia | 495trec_AccruedLiabilitiesInSaudiArabia | 495trec_AccruedLiabilitiesInSaudiArabia |
| Current portion of post-retirement benefit | 288us-gaap_PostemploymentBenefitsLiabilityCurrent | 286us-gaap_PostemploymentBenefitsLiabilityCurrent |
| Current portion of long-term debt | 7,000us-gaap_LongTermDebtCurrent | 7,000us-gaap_LongTermDebtCurrent |
| Current portion of other liabilities | 1,150us-gaap_DeferredRevenueCurrent | 2,183us-gaap_DeferredRevenueCurrent |
| Total current liabilities | 23,563us-gaap_LiabilitiesCurrent | 24,881us-gaap_LiabilitiesCurrent |
| Long-term debt, net of current portion | 71,700us-gaap_LongTermDebtNoncurrent | 73,450us-gaap_LongTermDebtNoncurrent |
| Post-retirement benefit, net of current portion | 649us-gaap_PostemploymentBenefitsLiabilityNoncurrent | 649us-gaap_PostemploymentBenefitsLiabilityNoncurrent |
| Derivative instruments, net of current portion | 150us-gaap_DerivativeLiabilitiesNoncurrent | 196us-gaap_DerivativeLiabilitiesNoncurrent |
| Other liabilities, net of current portion | 959us-gaap_DeferredRevenueNoncurrent | 1,039us-gaap_DeferredRevenueNoncurrent |
| Deferred income taxes | 10,509us-gaap_DeferredTaxLiabilitiesNoncurrent | 10,471us-gaap_DeferredTaxLiabilitiesNoncurrent |
| Total liabilities | 107,530us-gaap_Liabilities | 110,686us-gaap_Liabilities |
| EQUITY | ||
| Common stock - authorized 40 million shares of $.10 par value; issued and outstanding 24.0 million shares in 2015 and 2014 | 2,405us-gaap_CommonStockValue | 2,397us-gaap_CommonStockValue |
| Additional paid-in capital | 49,098us-gaap_AdditionalPaidInCapitalCommonStock | 48,282us-gaap_AdditionalPaidInCapitalCommonStock |
| Retained Earnings | 76,204us-gaap_RetainedEarningsAccumulatedDeficit | 70,420us-gaap_RetainedEarningsAccumulatedDeficit |
| Total Trecora Resources Stockholders' Equity | 127,707us-gaap_StockholdersEquity | 121,099us-gaap_StockholdersEquity |
| Noncontrolling Interest | 289us-gaap_MinorityInterest | 289us-gaap_MinorityInterest |
| Total equity | 127,996us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 121,388us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest |
| TOTAL LIABILITIES AND EQUITY | $ 235,526us-gaap_LiabilitiesAndStockholdersEquity | $ 232,074us-gaap_LiabilitiesAndStockholdersEquity |
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered in Saudi Arabia (due within one year or within the normal operating cycle if longer).. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount, after adjustment, of cost-method investment. Adjustments include, but are not limited to, dividends received in excess of earnings after date of investment that are considered a return of investment and other than temporary impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The noncurrent portion of deferred revenue amount as of balance sheet date. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Mineral properties, net of adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net carrying amount as of the balance sheet date of other indefinite-lived and finite-lived intangible assets that are not separately presented on the statement of financial position. No definition available.
|
| X | ||||||||||
|
- Definition
For a classified balance sheet, the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement that is payable within one year of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For a classified balance sheet, the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement that is payable after one year (or beyond the operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|