Summary of Segment Information |
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Three Months Ended September 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 |
$ |
61,675 |
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$ |
6,938 |
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$ |
— |
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$ |
— |
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$ |
68,613 |
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Processing fees |
2,056 |
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|
2,799 |
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— |
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(52 |
) |
|
4,803 |
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Total revenues |
63,731 |
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|
9,737 |
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— |
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(52 |
) |
|
73,416 |
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Operating profit (loss) before depreciation and amortization |
6,167 |
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|
415 |
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(2,252 |
) |
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— |
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|
4,330 |
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Operating profit (loss) |
3,516 |
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(936 |
) |
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(2,270 |
) |
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— |
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|
310 |
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Profit (loss) before taxes |
2,561 |
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(1,239 |
) |
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(3,404 |
) |
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— |
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|
(2,082 |
) |
Depreciation and amortization |
2,651 |
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|
1,351 |
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16 |
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— |
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|
4,018 |
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Capital expenditures |
2,562 |
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|
1,094 |
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— |
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— |
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|
3,656 |
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Three Months Ended September 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 |
$ |
52,440 |
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|
$ |
5,590 |
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|
$ |
— |
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|
— |
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$ |
58,030 |
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Processing fees |
1,519 |
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|
1,959 |
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— |
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— |
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|
3,478 |
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Total revenues |
53,959 |
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|
7,549 |
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— |
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|
— |
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|
61,508 |
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Operating profit (loss) before depreciation and amortization |
9,319 |
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|
(587 |
) |
|
(1,957 |
) |
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— |
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|
6,775 |
|
Operating profit (loss) |
7,735 |
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|
(1,795 |
) |
|
(1,975 |
) |
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— |
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|
3,965 |
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Profit (loss) before taxes |
7,149 |
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(1,975 |
) |
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(2,879 |
) |
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— |
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|
2,295 |
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Depreciation and amortization |
1,584 |
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|
1,208 |
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18 |
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— |
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|
2,810 |
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Capital expenditures |
9,426 |
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|
1,991 |
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— |
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— |
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|
11,417 |
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Nine Months Ended September 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 |
$ |
178,094 |
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|
$ |
20,755 |
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|
$ |
— |
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|
$ |
32 |
|
|
$ |
198,881 |
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Processing fees |
5,769 |
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|
8,863 |
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|
— |
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(250 |
) |
|
14,382 |
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Total revenues |
183,863 |
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|
29,618 |
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|
— |
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|
(218 |
) |
|
213,263 |
|
Operating profit (loss) before depreciation and amortization |
20,655 |
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|
1,969 |
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(5,234 |
) |
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— |
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|
17,390 |
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Operating profit (loss) |
14,635 |
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|
(2,051 |
) |
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(5,268 |
) |
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— |
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|
7,316 |
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Profit (loss) before taxes |
12,474 |
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|
(2,926 |
) |
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(5,877 |
) |
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— |
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|
3,671 |
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Depreciation and amortization |
6,020 |
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|
4,020 |
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32 |
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— |
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|
10,072 |
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Capital expenditures |
16,374 |
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|
2,716 |
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— |
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— |
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|
19,090 |
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Nine Months Ended September 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 |
$ |
147,339 |
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|
$ |
18,606 |
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|
$ |
— |
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|
— |
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|
$ |
165,945 |
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Processing fees |
5,078 |
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|
8,142 |
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|
— |
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|
— |
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|
13,220 |
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Total revenues |
152,417 |
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|
26,748 |
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|
— |
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|
— |
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|
179,165 |
|
Operating profit (loss) before depreciation and amortization |
26,294 |
|
|
969 |
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(5,978 |
) |
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— |
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|
21,285 |
|
Operating profit (loss) |
21,610 |
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(2,264 |
) |
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(6,027 |
) |
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— |
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|
13,319 |
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Profit (loss) before taxes |
19,750 |
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|
(2,534 |
) |
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(11,209 |
) |
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— |
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|
6,007 |
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Depreciation and amortization |
4,684 |
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|
3,233 |
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|
49 |
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— |
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|
7,966 |
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Capital expenditures |
27,203 |
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|
12,047 |
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— |
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— |
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|
39,250 |
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September 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 |
$ |
22,600 |
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$ |
3,896 |
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$ |
— |
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$ |
— |
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$ |
26,496 |
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Trade receivables, processing fees |
1,165 |
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|
2,126 |
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— |
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— |
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|
3,291 |
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Goodwill and intangible assets, net |
— |
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|
41,210 |
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— |
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— |
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|
41,210 |
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Total assets |
282,094 |
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|
115,146 |
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|
91,647 |
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|
(154,138 |
) |
|
334,749 |
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|
December 31, 2017 |
|
Petrochemical |
|
|
Specialty Wax |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
(in thousands) |
Trade receivables, product sales |
$ |
20,211 |
|
|
$ |
2,671 |
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|
$ |
— |
|
|
$ |
— |
|
|
$ |
22.882 |
|
Trade receivables, processing fees |
983 |
|
|
1,914 |
|
|
— |
|
|
— |
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|
2,897 |
|
Goodwill and intangible assets, net |
— |
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|
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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