Annual report pursuant to Section 13 and 15(d)

SEGMENT INFORMATION (Details)

v3.6.0.2
SEGMENT INFORMATION (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
 [1]
Jun. 30, 2016
USD ($)
 [2]
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
Segment
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Segment Reporting Information [Line Items]                      
Number of operating segments | Segment                 2    
Net revenues $ 54,203 $ 57,142 $ 48,854 $ 52,200 $ 60,545 $ 66,938 $ 59,350 $ 55,143 $ 212,399 $ 241,976 $ 289,643
Operating profit before depreciation and amortization                 28,484 45,101  
Operating profit (loss)                 18,707 36,041 25,482
Profit (loss) before taxes                 29,932 28,362 $ 22,718
Depreciation and amortization                 9,777 9,060  
Capital expenditures                 40,495 31,247  
Goodwill and intangible assets, net 44,467       46,347       44,467 46,347  
Total assets 292,099       257,791       292,099 257,791  
Eliminations [Member]                      
Segment Reporting Information [Line Items]                      
Goodwill and intangible assets, net 0       0       0 0  
Total assets (148,255)       (122,371)       (148,255) (122,371)  
Corporate [Member]                      
Segment Reporting Information [Line Items]                      
Net revenues                 0 0  
Operating profit before depreciation and amortization                 (6,444) (7,013)  
Operating profit (loss)                 (6,488) (7,039)  
Profit (loss) before taxes                 (4,827) (12,392)  
Depreciation and amortization                 44 26  
Capital expenditures                 0 0  
Goodwill and intangible assets, net 0       0       0 0  
Total assets 107,302       98,728       107,302 98,728  
Petrochemical [Member] | Operating Segments [Member]                      
Segment Reporting Information [Line Items]                      
Net revenues                 182,028 218,233  
Operating profit before depreciation and amortization                 31,885 47,565  
Operating profit (loss)                 26,060 43,081  
Profit (loss) before taxes                 24,084 40,948  
Depreciation and amortization                 5,825 4,484  
Capital expenditures                 22,948 24,358  
Goodwill and intangible assets, net 0       0       0 0  
Total assets 219,376       195,358       219,376 195,358  
Specialty Wax [Member] | Operating Segments [Member]                      
Segment Reporting Information [Line Items]                      
Net revenues                 30,371 23,743  
Operating profit before depreciation and amortization                 3,043 4,549  
Operating profit (loss)                 (865) (1)  
Profit (loss) before taxes                 10,675 (195)  
Depreciation and amortization                 3,908 4,550  
Capital expenditures                 17,547 6,889  
Goodwill and intangible assets, net 44,467       46,347       44,467 46,347  
Total assets $ 113,676       $ 86,076       $ 113,676 $ 86,076  
[1] As discussed in Note 11, in July 2016 AMAK issued four million shares. As a result of the equity issuance, our share of the net assets of AMAK increased approximately $3.2 million which we recognized as a gain.
[2] On May 2, 2016, we purchased the idle BASF facility adjacent to our TC facility. As discussed in Note 2, we recorded a bargain purchase gain of approximately $11.5 million on the transaction.