Summary of Segment Information |
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Three Months Ended September 30, 2019 |
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Specialty Petrochemicals |
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Specialty Waxes |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
53,277 |
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$ |
5,834 |
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$ |
— |
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$ |
— |
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$ |
59,111 |
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Processing fees |
1,208 |
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|
2,396 |
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— |
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— |
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|
3,604 |
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Total revenues |
54,485 |
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|
8,230 |
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— |
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— |
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|
62,715 |
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Operating profit (loss) before depreciation and amortization |
10,414 |
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(260 |
) |
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(2,670 |
) |
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— |
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|
7,484 |
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Operating profit (loss) |
7,449 |
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(1,808 |
) |
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(2,683 |
) |
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— |
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|
2,958 |
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Profit (loss) from continuing operations before taxes |
6,583 |
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(2,071 |
) |
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(2,691 |
) |
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— |
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|
1,821 |
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Depreciation and amortization |
1,900 |
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|
1,548 |
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14 |
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— |
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|
3,462 |
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Capital expenditures |
2,163 |
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|
361 |
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— |
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— |
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2,524 |
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Three Months Ended September 30, 2018 |
|
Specialty Petrochemicals |
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Specialty Waxes |
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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) from continuing operations before taxes |
2,561 |
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(1,239 |
) |
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(2,274 |
) |
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— |
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(952 |
) |
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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Nine Months Ended September 30, 2019 |
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Specialty Petrochemicals |
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Specialty Waxes |
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Corporate |
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Eliminations |
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Consolidated |
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(in thousands) |
Product sales |
$ |
167,351 |
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$ |
18,582 |
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|
$ |
— |
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$ |
— |
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$ |
185,933 |
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Processing fees |
4,117 |
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|
7,191 |
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— |
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— |
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|
11,308 |
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Total revenues |
171,468 |
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|
25,773 |
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— |
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— |
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|
197,241 |
|
Operating profit (loss) before depreciation and amortization |
31,849 |
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|
(343 |
) |
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(7,158 |
) |
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— |
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|
24,348 |
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Operating profit (loss) |
22,885 |
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|
(4,638 |
) |
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(7,203 |
) |
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— |
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|
11,044 |
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Profit (loss) from continuing operations before taxes |
20,093 |
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(5,623 |
) |
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(7,202 |
) |
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— |
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|
7,268 |
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Depreciation and amortization |
7,899 |
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|
4,295 |
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46 |
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— |
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|
12,240 |
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Capital expenditures |
5,002 |
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|
1,296 |
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— |
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— |
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|
6,298 |
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Nine Months Ended September 30, 2018 |
|
Specialty Petrochemicals |
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Specialty Waxes |
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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 |
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$ |
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 |
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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) from continuing operations before taxes |
12,474 |
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(2,926 |
) |
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(5,205 |
) |
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— |
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|
4,343 |
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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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September 30, 2019 |
|
Specialty Petrochemicals |
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|
Specialty Waxes |
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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 |
$ |
19,129 |
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$ |
4,081 |
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$ |
— |
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$ |
— |
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$ |
23,210 |
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Trade receivables, processing fees |
517 |
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|
1,770 |
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— |
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— |
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|
2,287 |
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Goodwill and intangible assets, net |
— |
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|
39,349 |
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— |
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— |
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|
39,349 |
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Total assets |
293,098 |
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|
113,007 |
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|
90,174 |
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(165,722 |
) |
|
330,557 |
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December 31, 2018 |
|
Specialty Petrochemicals |
|
|
Specialty Waxes |
|
|
Corporate |
|
|
Eliminations |
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|
Consolidated |
|
|
(in thousands) |
Trade receivables, product sales |
$ |
21,915 |
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|
$ |
3,173 |
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|
$ |
— |
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|
$ |
— |
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|
$ |
25,088 |
|
Trade receivables, processing fees |
633 |
|
|
1,391 |
|
|
— |
|
|
— |
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|
2,024 |
|
Goodwill and intangible assets, net |
— |
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|
40,745 |
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— |
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— |
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|
40,745 |
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Total assets |
284,367 |
|
|
115,366 |
|
|
91,474 |
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(161,239 |
) |
|
329,968 |
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