Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
REVENUES $ 65,155 $ 71,741
OPERATING COSTS AND EXPENSES    
Cost of Sales and Processing (including depreciation and amortization of $4,229 and $2,830, respectively) 55,082 61,601
GROSS PROFIT 10,073 10,140
GENERAL AND ADMINISTRATIVE EXPENSES    
General and Administrative 6,050 6,335
Depreciation 213 196
GENERAL AND ADMINISTRATIVE EXPENSES 6,263 6,531
OPERATING INCOME 3,810 3,609
OTHER INCOME (EXPENSE)    
Interest Income 5 7
Interest Expense (1,499) (878)
Equity in Earnings (Losses) of AMAK (59) 230
Miscellaneous Expense (28) (26)
OTHER INCOME (EXPENSE) (1,581) (667)
INCOME BEFORE INCOME TAXES 2,229 2,942
INCOME TAX EXPENSE 478 590
NET INCOME 1,751 2,352
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST 0 0
NET INCOME ATTRIBUTABLE TO TRECORA RESOURCES $ 1,751 $ 2,352
Basic Earnings per Common Share    
Net Income Attributable to Trecora Resources (in dollars per share) $ 0.07 $ 0.10
Basic Weighted Average Number of Common Shares Outstanding (in shares) 24,653 24,343
Diluted Earnings per Common Share    
Net Income Attributable to Trecora Resources (in dollars per share) $ 0.07 $ 0.09
Diluted Weighted Average Number of Common Shares Outstanding (in shares) 25,027 25,231
Specialty Petrochemical and Product Sales    
REVENUES    
REVENUES $ 61,493 $ 66,699
Processing Fees    
REVENUES    
REVENUES $ 3,662 $ 5,042