Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.21.1
SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We operate through business segments according to the nature and economic characteristics of our products as well as the manner in which the information is used internally by our key decision maker, who is our Chief Executive Officer. Segment data may include rounding differences.
Our Specialty Petrochemicals segment includes SHR and GSPL. Our Specialty Waxes segment is TC. We also separately identify our corporate overhead which includes administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.
  Three Months Ended March 31, 2021
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Product sales $ 44,658  $ 6,907  $ —  $ —  $ 51,565 
Processing fees 1,254  1,766  —  —  3,020 
Total revenues 45,912  8,673  —  —  54,585 
Operating income (loss) before depreciation and amortization 2,571  (481) (3,023) —  (933)
Operating loss (231) (1,957) (3,025) —  (5,213)
Loss from continuing operations before taxes (297) (1,954) (3,154) —  (5,405)
Depreciation and amortization 2,802  1,476  —  4,281 
Capital expenditures 3,567  1,214  —  —  4,781 
  Three Months Ended March 31, 2020
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Product sales $ 50,386  $ 6,797  $ —  —  $ 57,183 
Processing fees 1,244  3,640  —  —  4,884 
Total revenues 51,630  10,437  —  —  62,067 
Operating income (loss) before depreciation and amortization 6,490  1,066  (2,415) —  5,141 
Operating income (loss) 3,872  (262) (2,422) —  1,188 
Income (loss) from continuing operations before taxes 2,942  (242) (2,490) —  210 
Depreciation and amortization 2,617  1,328  —  3,952 
Capital expenditures 1,601  316  —  —  1,917 
  March 31, 2021
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Intangible assets, net —  12,433  —  —  12,433 
Total assets 285,549  81,194  124,744  (181,088) 310,399 
  December 31, 2020
  Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated
  (in thousands)
Intangible assets, net —  12,893  —  —  12,893 
Total assets 298,198  83,108  127,260  (191,733) 316,833