Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.19.2
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Summary of Segment Information
 
Three Months Ended June 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
58,584

 
$
6,745

 
$

 
$

 
$
65,329

Processing fees
1,527

 
2,515

 

 

 
4,042

Total revenues
60,111

 
9,260

 

 

 
69,371

Operating profit (loss) before depreciation and amortization
10,028

 
766

 
(2,182
)
 

 
8,612

Operating profit (loss)
7,104

 
(633
)
 
(2,195
)
 

 
4,276

Profit (loss) before taxes
6,375

 
(1,013
)
 
(2,294
)
 

 
3,068

Depreciation and amortization
2,925

 
1,399

 
12

 

 
4,336

Capital expenditures
1,461

 
426

 

 

 
1,887

 
Three Months Ended June 30, 2018
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
56,135

 
$
7,434

 
$

 

 
$
63,569

Processing fees
1,685

 
2,852

 

 

 
4,537

Total revenues
57,820

 
10,286

 

 

 
68,106

Operating profit (loss) before depreciation and amortization
6,095

 
1,164

 
(834
)
 

 
6,425

Operating profit (loss)
4,440

 
(201
)
 
(842
)
 

 
3,397

Profit (loss) before taxes
3,859

 
(506
)
 
(542
)
 

 
2,811

Depreciation and amortization
1,655

 
1,365

 
8

 

 
3,028

Capital expenditures
3,529

 
877

 

 

 
4,406

 
Six Months Ended June 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
114,074

 
$
12,748

 
$

 
$

 
$
126,822

Processing fees
2,910

 
4,794

 

 

 
7,704

Total revenues
116,984

 
17,542

 

 

 
134,526

Operating profit (loss) before depreciation and amortization
21,435

 
(83
)
 
(4,487
)
 

 
16,865

Operating profit (loss)
15,437

 
(2,830
)
 
(4,521
)
 

 
8,086

Profit (loss) before taxes
13,510

 
(3,552
)
 
(4,661
)
 

 
5,297

Depreciation and amortization
5,999

 
2,747

 
32

 

 
8,778

Capital expenditures
2,839

 
935

 

 

 
3,774

 
Six Months Ended June 30, 2018
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
116,420

 
$
13,817

 
$

 
31

 
$
130,268

Processing fees
3,713

 
6,064

 

 
(198
)
 
9,579

Total revenues
120,133

 
19,881

 

 
(167
)
 
139,847

Operating profit (loss) before depreciation and amortization
14,488

 
1,554

 
(2,982
)
 

 
13,060

Operating profit (loss)
11,119

 
(1,115
)
 
(2,998
)
 

 
7,006

Profit (loss) before taxes
9,913

 
(1,687
)
 
(2,473
)
 

 
5,753

Depreciation and amortization
3,369

 
2,669

 
16

 

 
6,054

Capital expenditures
13,812

 
1,622

 

 

 
15,434

 
June 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Trade receivables, product sales
$
23,465

 
$
4,097

 
$

 
$

 
$
27,562

Trade receivables, processing fees
1,042

 
1,914

 

 

 
2,956

Goodwill and intangible assets, net

 
39,814

 

 

 
39,814

Total assets
299,103

 
114,409

 
91,247

 
(166,126
)
 
338,633

 
December 31, 2018
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Trade receivables, product sales
$
21,915

 
$
3,173

 
$

 
$

 
$
25,088

Trade receivables, processing fees
633

 
1,391

 

 

 
2,024

Goodwill and intangible assets, net

 
40,745

 

 

 
40,745

Total assets
284,367

 
115,366

 
91,474

 
(161,239
)
 
329,968