Summary of Segment Information |
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Three Months Ended June 30, 2018 |
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Petrochemical |
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Specialty Wax |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
56,135 |
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$ |
7,434 |
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$ |
— |
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$ |
— |
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$ |
63,569 |
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Processing fees |
1,685 |
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|
2,852 |
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— |
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— |
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|
4,537 |
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Total revenues |
57,820 |
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|
10,286 |
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— |
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— |
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|
68,106 |
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Operating profit (loss) before depreciation and amortization |
6,095 |
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|
1,164 |
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(834 |
) |
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— |
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|
6,425 |
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Operating profit (loss) |
4,440 |
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(201 |
) |
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(842 |
) |
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— |
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|
3,397 |
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Profit (loss) before taxes |
3,859 |
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(506 |
) |
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(542 |
) |
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— |
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|
2,811 |
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Depreciation and amortization |
1,655 |
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|
1,365 |
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8 |
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— |
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|
3,028 |
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Capital expenditures |
3,529 |
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|
877 |
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— |
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— |
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|
4,406 |
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Three Months Ended June 30, 2017 |
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Petrochemical |
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Specialty Wax |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
50,508 |
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|
$ |
6,508 |
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|
$ |
— |
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|
— |
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|
$ |
57,016 |
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Processing fees |
2,071 |
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|
3,028 |
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— |
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— |
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|
5,099 |
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Total revenues |
52,579 |
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|
9,536 |
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— |
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|
— |
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|
62,115 |
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Operating profit (loss) before depreciation and amortization |
8,761 |
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|
810 |
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(1,841 |
) |
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— |
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|
7,730 |
|
Operating profit (loss) |
7,217 |
|
|
(198 |
) |
|
(1,857 |
) |
|
— |
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|
5,162 |
|
Profit (loss) before taxes |
6,598 |
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|
(269 |
) |
|
(5,165 |
) |
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— |
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|
1,164 |
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Depreciation and amortization |
1,544 |
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|
1,008 |
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16 |
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— |
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|
2,568 |
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Capital expenditures |
9,021 |
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|
4,931 |
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— |
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— |
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|
13,952 |
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Six Months Ended June 30, 2018 |
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Petrochemical |
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Specialty Wax |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
116,420 |
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|
$ |
13,817 |
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|
$ |
— |
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|
$ |
31 |
|
|
$ |
130,268 |
|
Processing fees |
3,713 |
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|
6,064 |
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|
— |
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|
(198 |
) |
|
9,579 |
|
Total revenues |
120,133 |
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|
19,881 |
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|
— |
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|
(167 |
) |
|
139,847 |
|
Operating profit (loss) before depreciation and amortization |
14,488 |
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|
1,554 |
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(2,982 |
) |
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— |
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|
13,060 |
|
Operating profit (loss) |
11,119 |
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|
(1,115 |
) |
|
(2,998 |
) |
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— |
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|
7,006 |
|
Profit (loss) before taxes |
9,913 |
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|
(1,687 |
) |
|
(2,473 |
) |
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— |
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|
5,753 |
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Depreciation and amortization |
3,369 |
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|
2,669 |
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16 |
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— |
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|
6,054 |
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Capital expenditures |
13,812 |
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|
1,622 |
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— |
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— |
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|
15,434 |
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Six Months Ended June 30, 2017 |
|
Petrochemical |
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Specialty Wax |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
94,899 |
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|
$ |
13,016 |
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|
$ |
— |
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|
— |
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|
$ |
107,915 |
|
Processing fees |
3,559 |
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|
6,183 |
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|
— |
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|
— |
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|
9,742 |
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Total revenues |
98,458 |
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|
19,199 |
|
|
— |
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|
— |
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|
117,657 |
|
Operating profit (loss) before depreciation and amortization |
16,975 |
|
|
1,555 |
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|
(4,020 |
) |
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— |
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|
14,510 |
|
Operating profit (loss) |
13,875 |
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|
(469 |
) |
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(4,052 |
) |
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— |
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|
9,354 |
|
Profit (loss) before taxes |
12,601 |
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|
(559 |
) |
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(8,330 |
) |
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— |
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|
3,712 |
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Depreciation and amortization |
3,100 |
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|
2,024 |
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|
32 |
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|
— |
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|
5,156 |
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Capital expenditures |
17,777 |
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|
10,056 |
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— |
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— |
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|
27,833 |
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|
June 30, 2018 |
|
Petrochemical |
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|
Specialty Wax |
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|
Corporate |
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|
Eliminations |
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Consolidated |
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(in thousands) |
Trade receivables, product sales |
$ |
20,377 |
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$ |
3,639 |
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$ |
— |
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$ |
— |
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$ |
24,016 |
|
Trade receivables, processing fees |
671 |
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|
1,780 |
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|
— |
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— |
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|
2,451 |
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Goodwill and intangible assets, net |
— |
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|
41,675 |
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— |
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— |
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|
41,675 |
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Total assets |
279,161 |
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|
115,696 |
|
|
92,857 |
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|
(154,086 |
) |
|
333,628 |
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|
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 |
|
|
— |
|
|
— |
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|
2,897 |
|
Goodwill and intangible assets, net |
— |
|
|
42,606 |
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|
— |
|
|
— |
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|
42,606 |
|
Total assets |
265,213 |
|
|
117,579 |
|
|
97,880 |
|
|
(153,346 |
) |
|
327,326 |
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