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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| OPERATING ACTIVITIES | ||
| Net Income | $ 5,784us-gaap_NetIncomeLoss | $ 2,599us-gaap_NetIncomeLoss |
| Adjustments to Reconcile Net Income of Trecora Resources To Net Cash Provided by Operating Activities: | ||
| Depreciation | 1,770us-gaap_Depreciation | 1,004us-gaap_Depreciation |
| Amortization of Intangible Assets | 471us-gaap_AmortizationOfIntangibleAssets | 0us-gaap_AmortizationOfIntangibleAssets |
| Unrealized Gain on Derivative Instruments | (242)us-gaap_UnrealizedGainLossOnDerivatives | (48)us-gaap_UnrealizedGainLossOnDerivatives |
| Share-based Compensation | 701us-gaap_ShareBasedCompensation | 425us-gaap_ShareBasedCompensation |
| Deferred Income Taxes | (95)us-gaap_DeferredIncomeTaxExpenseBenefit | (262)us-gaap_DeferredIncomeTaxExpenseBenefit |
| Postretirement Obligation | 2us-gaap_OtherPostretirementBenefitExpense | 2us-gaap_OtherPostretirementBenefitExpense |
| Equity in (earnings) losses of AMAK | (59)us-gaap_IncomeLossFromEquityMethodInvestments | 350us-gaap_IncomeLossFromEquityMethodInvestments |
| Changes in Operating Assets and Liabilities: | ||
| (Increase) Decrease in Trade Receivables | 2,763us-gaap_IncreaseDecreaseInAccountsReceivable | (2,380)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Decrease in Income Tax Receivable | 434us-gaap_IncreaseDecreaseInIncomeTaxesReceivable | 280us-gaap_IncreaseDecreaseInIncomeTaxesReceivable |
| (Increase) Decrease in Inventories | (1,624)us-gaap_IncreaseDecreaseInInventories | 86us-gaap_IncreaseDecreaseInInventories |
| Decrease in Prepaid Expenses | 670us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 572us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Decrease in Other Assets | 68us-gaap_IncreaseDecreaseInOtherOperatingAssets | 0us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Decrease in Accounts Payable and Accrued Liabilities | (89)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | (568)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Increase in Other Liabilities | (699)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 0us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Net Cash Provided by Operating Activities | 9,855us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 2,060us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| INVESTING ACTIVITIES | ||
| Additions to Plant, Pipeline and Equipment | (7,743)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (1,720)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Cash Used in Investing Activities | (7,743)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (1,720)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| FINANCING ACTIVITIES | ||
| Issuance of Common Stock | 123us-gaap_ProceedsFromIssuanceOfCommonStock | 95us-gaap_ProceedsFromIssuanceOfCommonStock |
| Repayment of Long-Term Debt | (1,750)us-gaap_RepaymentsOfLongTermDebt | (2,350)us-gaap_RepaymentsOfLongTermDebt |
| Net Cash Used in Financing Activities | (1,627)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | (2,255)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 485us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (1,915)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 8,506us-gaap_CashAndCashEquivalentsAtCarryingValue | 7,608us-gaap_CashAndCashEquivalentsAtCarryingValue |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | 8,991us-gaap_CashAndCashEquivalentsAtCarryingValue | 5,693us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosure of cash flow information: | ||
| Cash payments for interest | 643us-gaap_InterestPaid | 183us-gaap_InterestPaid |
| Cash payments for taxes, net of refunds | 1,850us-gaap_IncomeTaxesPaidNet | 1,150us-gaap_IncomeTaxesPaidNet |
| Supplemental disclosure of non-cash items: | ||
| Capital expansion amortized to depreciation expense | $ 414trec_CapitalExpansionAmortizedToDepreciationExpense | $ 411trec_CapitalExpansionAmortizedToDepreciationExpense |
| X | ||||||||||
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- Definition
The reduction in depreciation expense due to amortization of capitalize liability. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the 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. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in income taxes receivable, which represents the amount due from tax authorities for refunds of overpayments or recoveries of income taxes paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of costs recognized during the period for non-pension postretirement benefits, such as medical, dental and life insurance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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