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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
We disaggregate our revenue by segment product lines, which is how we market our products and review results of operations. The following tables disaggregate our segment revenue by major product lines:
 
Three Months Ended March 31,
 
2019
 
2018
 
(In thousands)
Performance Products
$
138,092

 
$
145,730

Specialty Polymers
82,010

 
104,018

Cariflex
40,867

 
39,525

Other
86

 
(202
)
Polymer Product Line Revenue
$
261,055

 
$
289,071

 
Three Months Ended March 31,
 
2019
 
2018
 
(In thousands)
Adhesives
$
65,576

 
$
73,148

Performance Chemicals
116,753

 
122,941

Tires
13,027

 
17,232

Chemical Product Line Revenue
$
195,356

 
$
213,321

Schedule of Contract with Customer, Asset and Liability
 
March 31, 2019
 
December 31, 2018
 
(In thousands)
Contract receivables(1)
$
259,015

 
$
197,739

Contract liabilities(2)
$
13,343

 
$
13,906

____________________________________________________ 
(1)
Contract receivables are recorded within receivables, net of allowances on our Condensed Consolidated Balance Sheets.
(2)
Our contract liability decreased by $0.3 million, as a result of meeting the performance obligation, which was recognized in our Specialty Polymers product line revenue, and decreased approximately $0.2 million due to the change in currency exchange rates.