Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.19.3
SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Summary of Segment Information
 
Three Months Ended September 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
53,277

 
$
5,834

 
$

 
$

 
$
59,111

Processing fees
1,208

 
2,396

 

 

 
3,604

Total revenues
54,485

 
8,230

 

 

 
62,715

Operating profit (loss) before depreciation and amortization
10,414

 
(260
)
 
(2,670
)
 

 
7,484

Operating profit (loss)
7,449

 
(1,808
)
 
(2,683
)
 

 
2,958

Profit (loss) from continuing operations before taxes
6,583

 
(2,071
)
 
(2,691
)
 

 
1,821

Depreciation and amortization
1,900

 
1,548

 
14

 

 
3,462

Capital expenditures
2,163

 
361

 

 

 
2,524

 
Three Months Ended September 30, 2018
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
61,675

 
$
6,938

 
$

 

 
$
68,613

Processing fees
2,056

 
2,799

 

 
(52
)
 
4,803

Total revenues
63,731

 
9,737

 

 
(52
)
 
73,416

Operating profit (loss) before depreciation and amortization
6,167

 
415

 
(2,252
)
 

 
4,330

Operating profit (loss)
3,516

 
(936
)
 
(2,270
)
 

 
310

Profit (loss) from continuing operations before taxes
2,561

 
(1,239
)
 
(2,274
)
 

 
(952
)
Depreciation and amortization
2,651

 
1,351

 
16

 

 
4,018

Capital expenditures
2,562

 
1,094

 

 

 
3,656

 
Nine Months Ended September 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
167,351

 
$
18,582

 
$

 
$

 
$
185,933

Processing fees
4,117

 
7,191

 

 

 
11,308

Total revenues
171,468

 
25,773

 

 

 
197,241

Operating profit (loss) before depreciation and amortization
31,849

 
(343
)
 
(7,158
)
 

 
24,348

Operating profit (loss)
22,885

 
(4,638
)
 
(7,203
)
 

 
11,044

Profit (loss) from continuing operations before taxes
20,093

 
(5,623
)
 
(7,202
)
 

 
7,268

Depreciation and amortization
7,899

 
4,295

 
46

 

 
12,240

Capital expenditures
5,002

 
1,296

 

 

 
6,298

 
Nine Months Ended September 30, 2018
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Product sales
$
178,094

 
$
20,755

 
$

 
32

 
$
198,881

Processing fees
5,769

 
8,863

 

 
(250
)
 
14,382

Total revenues
183,863

 
29,618

 

 
(218
)
 
213,263

Operating profit (loss) before depreciation and amortization
20,655

 
1,969

 
(5,234
)
 

 
17,390

Operating profit (loss)
14,635

 
(2,051
)
 
(5,268
)
 

 
7,316

Profit (loss) from continuing operations before taxes
12,474

 
(2,926
)
 
(5,205
)
 

 
4,343

Depreciation and amortization
6,020

 
4,020

 
32

 

 
10,072

Capital expenditures
16,374

 
2,716

 

 

 
19,090

 
September 30, 2019
 
Specialty Petrochemicals

 
Specialty Waxes

 
Corporate

 
Eliminations

 
Consolidated

 
(in thousands)
Trade receivables, product sales
$
19,129

 
$
4,081

 
$

 
$

 
$
23,210

Trade receivables, processing fees
517

 
1,770

 

 

 
2,287

Goodwill and intangible assets, net

 
39,349

 

 

 
39,349

Total assets
293,098

 
113,007

 
90,174

 
(165,722
)
 
330,557

 
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