Segment Information |
We also separately identify our corporate overhead which includes financing and administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.
|
|
Three Months Ended March 31, 2018 |
|
|
|
Petrochemical |
|
|
Specialty Wax |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
|
(in thousands) |
|
Product sales |
|
$ |
60,285 |
|
|
$ |
6,383 |
|
|
$ |
- |
|
|
$ |
31 |
|
|
$ |
66,699 |
|
Processing fees |
|
|
2,028 |
|
|
|
3,212 |
|
|
|
- |
|
|
|
(198 |
) |
|
|
5,042 |
|
Total revenues |
|
|
62,313 |
|
|
|
9,595 |
|
|
|
- |
|
|
|
(167 |
) |
|
|
71,741 |
|
Operating profit (loss) before depreciation and amortization |
|
|
8,393 |
|
|
|
390 |
|
|
|
(2,148 |
) |
|
|
-
|
|
|
|
6,635 |
|
Operating profit (loss) |
|
|
6,679 |
|
|
|
(914 |
) |
|
|
(2,156 |
) |
|
|
- |
|
|
|
3,609 |
|
Profit (loss) before taxes |
|
|
6,054 |
|
|
|
(1,181 |
) |
|
|
(1,931 |
) |
|
|
- |
|
|
|
2,942 |
|
Depreciation and amortization |
|
|
1,714 |
|
|
|
1,304 |
|
|
|
8 |
|
|
|
- |
|
|
|
3,026 |
|
Capital expenditures |
|
|
10,283 |
|
|
|
745 |
|
|
|
- |
|
|
|
- |
|
|
|
11,028 |
|
|
|
Three Months Ended March 31, 2017 |
|
|
|
Petrochemical |
|
|
Specialty Wax |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
|
(in thousands) |
|
Product sales |
|
$ |
44,391 |
|
|
$ |
6,508 |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
50,899 |
|
Processing fees |
|
|
1,488 |
|
|
|
3,155 |
|
|
|
- |
|
|
|
- |
|
|
|
4,643 |
|
Total revenues |
|
|
45,879 |
|
|
|
9,663 |
|
|
|
- |
|
|
|
- |
|
|
|
55,542 |
|
Operating profit (loss) before depreciation and amortization |
|
|
8,214 |
|
|
|
745 |
|
|
|
(2,179 |
) |
|
|
-
|
|
|
|
6,780 |
|
Operating profit (loss) |
|
|
6,658 |
|
|
|
(271 |
) |
|
|
(2,195 |
) |
|
|
- |
|
|
|
4,192 |
|
Profit (loss) before taxes |
|
|
6,005 |
|
|
|
(290 |
) |
|
|
(3,167 |
) |
|
|
- |
|
|
|
2,548 |
|
Depreciation and amortization |
|
|
1,556 |
|
|
|
1,016 |
|
|
|
16 |
|
|
|
- |
|
|
|
2,588 |
|
Capital expenditures |
|
|
8,756 |
|
|
|
5,125 |
|
|
|
- |
|
|
|
- |
|
|
|
13,881 |
|
|
|
March 31, 2018 |
|
|
|
Petrochemical |
|
|
Specialty Wax |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
|
(in thousands) |
|
Trade receivables, product sales |
|
$ |
21,495 |
|
|
$ |
3,127 |
|
|
$ |
- |
|
|
$ |
25 |
|
|
$ |
24,647 |
|
Trade receivables, processing fees |
|
|
1,018 |
|
|
|
1,841 |
|
|
|
- |
|
|
|
(85 |
) |
|
|
2,774 |
|
Goodwill and intangible assets, net |
|
|
- |
|
|
|
42,141 |
|
|
|
- |
|
|
|
- |
|
|
|
42,141 |
|
Total assets |
|
|
275,063 |
|
|
|
117,297 |
|
|
|
97,543 |
|
|
|
(154,777 |
) |
|
|
335,126 |
|
|
|
December 31, 2017 |
|
|
|
Petrochemical |
|
|
Specialty Wax |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
|
(in thousands) |
|
Trade receivables, product sales |
|
$ |
20,211 |
|
|
$ |
2,671 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
22.882 |
|
Trade receivables, processing fees |
|
|
983 |
|
|
|
1,914 |
|
|
|
- |
|
|
|
- |
|
|
|
2,897 |
|
Goodwill and intangible assets, net |
|
|
- |
|
|
|
42,606 |
|
|
|
- |
|
|
|
- |
|
|
|
42,606 |
|
Total assets |
|
|
265,213 |
|
|
|
117,579 |
|
|
|
97,880 |
|
|
|
(153,346 |
) |
|
|
327,326 |
|
|