Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.19.1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Summary of Segment Information
 
Three Months Ended March 31, 2019
 
Specialty Petrochemical

 
Specialty Wax

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
55,490

 
$
6,003

 
$

 
$

 
$
61,493

Processing fees
1,383

 
2,279

 

 

 
3,662

Total revenues
56,873

 
8,282

 

 

 
65,155

Operating profit (loss) before depreciation and amortization
11,407

 
(849
)
 
(2,305
)
 

 
8,253

Operating profit (loss)
8,333

 
(2,197
)
 
(2,326
)
 

 
3,810

Profit (loss) before taxes
7,135

 
(2,539
)
 
(2,367
)
 

 
2,229

Depreciation and amortization
3,074

 
1,348

 
20

 

 
4,442

Capital expenditures
1,378

 
509

 

 

 
1,887

 
Three Months Ended March 31, 2018
 
Specialty Petrochemical

 
Specialty Wax

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
60,285

 
$
6,383

 
$

 
31

 
$
66,699

Processing fees
2,028

 
3,212

 

 
(198
)
 
5,042

Total revenues
62,313

 
9,595

 

 
(167
)
 
71,741

Operating profit (loss) before depreciation and amortization
8,393

 
390

 
(2,148
)
 

 
6,635

Operating profit (loss)
6,679

 
(914
)
 
(2,156
)
 

 
3,609

Profit (loss) before taxes
6,054

 
(1,181
)
 
(1,931
)
 

 
2,942

Depreciation and amortization
1,714

 
1,304

 
8

 

 
3,026

Capital expenditures
10,283

 
745

 

 

 
11,028

 
March 31, 2019
 
Specialty Petrochemical

 
Specialty Wax

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Trade receivables, product sales
$
19,938

 
$
3,279

 
$

 
$

 
$
23,217

Trade receivables, processing fees
684

 
1,836

 

 

 
2,520

Goodwill and intangible assets, net

 
40,280

 

 

 
40,280

Total assets
301,633

 
113,827

 
90,141

 
(164,205
)
 
341,396

 
December 31, 2018
 
Specialty Petrochemical

 
Specialty Wax

 
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