| Summary of Segment Information |
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Three Months Ended June 30, 2020 |
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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 |
$ |
31,236 |
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|
$ |
5,471 |
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|
$ |
— |
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|
$ |
— |
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|
$ |
36,707 |
|
Processing fees |
1,159 |
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|
2,808 |
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|
— |
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— |
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|
3,967 |
|
Total revenues |
32,395 |
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|
8,279 |
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— |
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|
— |
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|
40,674 |
|
Operating income (loss) before depreciation and amortization |
4,974 |
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|
854 |
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(2,199 |
) |
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— |
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|
3,629 |
|
Operating income (loss) |
2,354 |
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|
(485 |
) |
|
(2,203 |
) |
|
— |
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|
(334 |
) |
Income (loss) from continuing operations before taxes |
1,648 |
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|
(445 |
) |
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(2,204 |
) |
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— |
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|
(1,001 |
) |
Depreciation and amortization |
2,621 |
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|
1,338 |
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3 |
|
|
— |
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|
3,962 |
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Capital expenditures |
5,382 |
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|
285 |
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— |
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— |
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|
5,667 |
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Three Months Ended June 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) |
Product sales |
$ |
58,584 |
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|
$ |
6,745 |
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|
$ |
— |
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|
— |
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|
$ |
65,329 |
|
Processing fees |
1,527 |
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|
2,515 |
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|
— |
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— |
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|
4,042 |
|
Total revenues |
60,111 |
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|
9,260 |
|
|
— |
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|
— |
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|
69,371 |
|
Operating income (loss) before depreciation and amortization |
10,028 |
|
|
766 |
|
|
(2,128 |
) |
|
— |
|
|
8,666 |
|
Operating income (loss) |
7,104 |
|
|
(633 |
) |
|
(2,156 |
) |
|
— |
|
|
4,315 |
|
Income (loss) from continuing operations before taxes |
6,375 |
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|
(1,013 |
) |
|
(2,164 |
) |
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— |
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|
3,198 |
|
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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Six Months Ended June 30, 2020 |
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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 |
$ |
81,622 |
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|
$ |
12,268 |
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|
$ |
— |
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|
$ |
— |
|
|
$ |
93,890 |
|
Processing fees |
2,403 |
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|
6,448 |
|
|
— |
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|
— |
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|
8,851 |
|
Total revenues |
84,025 |
|
|
18,716 |
|
|
— |
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|
— |
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|
102,741 |
|
Operating income (loss) before depreciation and amortization |
11,464 |
|
|
1,920 |
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|
(4,615 |
) |
|
— |
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|
8,769 |
|
Operating income (loss) |
6,226 |
|
|
(747 |
) |
|
(4,625 |
) |
|
— |
|
|
854 |
|
Income (loss) from continuing operations before taxes |
4,590 |
|
|
(687 |
) |
|
(4,694 |
) |
|
— |
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|
(791 |
) |
Depreciation and amortization |
5,238 |
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|
2,666 |
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|
10 |
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— |
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|
7,914 |
|
Capital expenditures |
6,983 |
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|
601 |
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— |
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— |
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|
7,584 |
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Six Months Ended June 30, 2019 |
|
Specialty Petrochemicals |
|
|
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 |
|
|
— |
|
|
— |
|
|
134,526 |
|
Operating income (loss) before depreciation and amortization |
21,435 |
|
|
(83 |
) |
|
(4,433 |
) |
|
— |
|
|
16,919 |
|
Operating income (loss) |
15,437 |
|
|
(2,830 |
) |
|
(4,466 |
) |
|
— |
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|
8,141 |
|
Income (loss) from continuing operations before taxes |
13,510 |
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|
(3,552 |
) |
|
(4,456 |
) |
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— |
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|
5,502 |
|
Depreciation and amortization |
5,999 |
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|
2,747 |
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|
32 |
|
|
— |
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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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|
June 30, 2020 |
|
Specialty Petrochemicals |
|
|
Specialty Waxes |
|
|
Corporate |
|
|
Eliminations |
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|
Consolidated |
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|
(in thousands) |
Trade receivables, product sales |
$ |
14,934 |
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$ |
3,005 |
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$ |
— |
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|
$ |
— |
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|
$ |
17,939 |
|
Trade receivables, processing fees |
927 |
|
|
1,374 |
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|
— |
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|
— |
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|
2,301 |
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Intangible assets, net |
— |
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|
13,814 |
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— |
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— |
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|
13,814 |
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Total assets |
300,996 |
|
|
87,755 |
|
|
101,714 |
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|
(168,588 |
) |
|
321,877 |
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|
December 31, 2019 |
|
Specialty Petrochemicals |
|
|
Specialty Waxes |
|
|
Corporate |
|
|
Eliminations |
|
|
Consolidated |
|
|
(in thousands) |
Trade receivables, product sales |
$ |
18,911 |
|
|
$ |
3,613 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
22,524 |
|
Trade receivables, processing fees |
748 |
|
|
3,048 |
|
|
— |
|
|
— |
|
|
3,796 |
|
Intangible assets, net |
— |
|
|
14,736 |
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|
— |
|
|
— |
|
|
14,736 |
|
Total assets |
289,546 |
|
|
88,245 |
|
|
90,203 |
|
|
(166,175 |
) |
|
301,819 |
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|