Summary of Segment Information |
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Three Months Ended June 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 |
$ |
58,584 |
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$ |
6,745 |
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$ |
— |
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$ |
— |
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|
$ |
65,329 |
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Processing fees |
1,527 |
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|
2,515 |
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— |
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— |
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|
4,042 |
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Total revenues |
60,111 |
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|
9,260 |
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— |
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— |
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|
69,371 |
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Operating profit (loss) before depreciation and amortization |
10,028 |
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|
766 |
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(2,182 |
) |
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— |
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|
8,612 |
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Operating profit (loss) |
7,104 |
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(633 |
) |
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(2,195 |
) |
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— |
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|
4,276 |
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Profit (loss) before taxes |
6,375 |
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(1,013 |
) |
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(2,294 |
) |
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— |
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|
3,068 |
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Depreciation and amortization |
2,925 |
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|
1,399 |
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12 |
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— |
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|
4,336 |
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Capital expenditures |
1,461 |
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|
426 |
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— |
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— |
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|
1,887 |
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Three Months Ended June 30, 2018 |
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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 |
$ |
56,135 |
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|
$ |
7,434 |
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|
$ |
— |
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— |
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$ |
63,569 |
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Processing fees |
1,685 |
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|
2,852 |
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— |
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— |
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|
4,537 |
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Total revenues |
57,820 |
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|
10,286 |
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|
— |
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|
— |
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|
68,106 |
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Operating profit (loss) before depreciation and amortization |
6,095 |
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|
1,164 |
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|
(834 |
) |
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— |
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|
6,425 |
|
Operating profit (loss) |
4,440 |
|
|
(201 |
) |
|
(842 |
) |
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— |
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|
3,397 |
|
Profit (loss) before taxes |
3,859 |
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|
(506 |
) |
|
(542 |
) |
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— |
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|
2,811 |
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Depreciation and amortization |
1,655 |
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|
1,365 |
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8 |
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— |
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|
3,028 |
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Capital expenditures |
3,529 |
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|
877 |
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— |
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— |
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|
4,406 |
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Six Months Ended June 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 |
$ |
114,074 |
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|
$ |
12,748 |
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|
$ |
— |
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|
$ |
— |
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|
$ |
126,822 |
|
Processing fees |
2,910 |
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|
4,794 |
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|
— |
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|
— |
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|
7,704 |
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Total revenues |
116,984 |
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|
17,542 |
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|
— |
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|
— |
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|
134,526 |
|
Operating profit (loss) before depreciation and amortization |
21,435 |
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|
(83 |
) |
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(4,487 |
) |
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— |
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|
16,865 |
|
Operating profit (loss) |
15,437 |
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|
(2,830 |
) |
|
(4,521 |
) |
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— |
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|
8,086 |
|
Profit (loss) before taxes |
13,510 |
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|
(3,552 |
) |
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(4,661 |
) |
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— |
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|
5,297 |
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Depreciation and amortization |
5,999 |
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|
2,747 |
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32 |
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— |
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|
8,778 |
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Capital expenditures |
2,839 |
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|
935 |
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— |
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— |
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|
3,774 |
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Six Months Ended June 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 |
$ |
116,420 |
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|
$ |
13,817 |
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|
$ |
— |
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|
31 |
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$ |
130,268 |
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Processing fees |
3,713 |
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|
6,064 |
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|
— |
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|
(198 |
) |
|
9,579 |
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Total revenues |
120,133 |
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|
19,881 |
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|
— |
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|
(167 |
) |
|
139,847 |
|
Operating profit (loss) before depreciation and amortization |
14,488 |
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|
1,554 |
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(2,982 |
) |
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— |
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|
13,060 |
|
Operating profit (loss) |
11,119 |
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|
(1,115 |
) |
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(2,998 |
) |
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— |
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|
7,006 |
|
Profit (loss) before taxes |
9,913 |
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|
(1,687 |
) |
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(2,473 |
) |
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— |
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|
5,753 |
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Depreciation and amortization |
3,369 |
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|
2,669 |
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16 |
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— |
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|
6,054 |
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Capital expenditures |
13,812 |
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|
1,622 |
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— |
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— |
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|
15,434 |
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June 30, 2019 |
|
Specialty Petrochemicals |
|
|
Specialty Waxes |
|
|
Corporate |
|
|
Eliminations |
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Consolidated |
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(in thousands) |
Trade receivables, product sales |
$ |
23,465 |
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$ |
4,097 |
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$ |
— |
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$ |
— |
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$ |
27,562 |
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Trade receivables, processing fees |
1,042 |
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|
1,914 |
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— |
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— |
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|
2,956 |
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Goodwill and intangible assets, net |
— |
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|
39,814 |
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— |
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— |
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|
39,814 |
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Total assets |
299,103 |
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|
114,409 |
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|
91,247 |
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(166,126 |
) |
|
338,633 |
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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 |
|
|
$ |
3,173 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
25,088 |
|
Trade receivables, processing fees |
633 |
|
|
1,391 |
|
|
— |
|
|
— |
|
|
2,024 |
|
Goodwill and intangible assets, net |
— |
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|
40,745 |
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|
— |
|
|
— |
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|
40,745 |
|
Total assets |
284,367 |
|
|
115,366 |
|
|
91,474 |
|
|
(161,239 |
) |
|
329,968 |
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|