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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2021
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:
Years Ended December 31,
202120202019
Revenue(In thousands)
Performance Products$627,618 $459,906 $531,437 
Specialty Polymers409,736 316,206 334,726 
Cariflex— 36,930 186,266 
Isoprene Rubber59,899 42,986 — 
Other1,532 1,530 539 
Polymer Product Line Revenue$1,098,785 $857,558 $1,052,968 
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(1)     Cariflex is included in the results of operations through March 6, 2020. See Note 4 Disposition and Exit of Business Activities for further information on the divestiture of our Cariflex business.
Years Ended December 31,
202120202019
Revenue(In thousands)
Adhesives$306,662 $257,855 $262,941 
Performance Chemicals503,135 406,152 438,146 
Tires61,547 41,585 50,381 
Chemical Product Line Revenue$871,344 $705,592 $751,468 
Schedule of Contract with Customer, Asset and Liability
December 31, 2021December 31, 2020
(In thousands)
Contract receivables(1)
$229,267 $179,805 
Contract liabilities(2)
$147,383 $175,511 
____________________________________________________ 
(1)     Contract receivables are recorded within receivables, net of allowances on our Consolidated Balance Sheets.
(2)    Our contract liability consists of $136.4 million of non-cash deferred income related to the IRSA and $9.3 million of non-cash deferred income related to a supply agreement with a significant lubricant additive customer. The impact from currency exchange rates is $1.7 million.