REPORTABLE SEGMENTS AND GEOGRAPHIC INFORMATION

The Company reports its reportable segments based on products and services provided to customers. The Company re-assesses its reportable segments on an annual basis. The Company has three reportable segments, which generally align the Company's external financial reporting segments with its internal operating segments, which are based on its internal organizational structure, operating decisions and performance assessment. The Company's reportable segments at June 30, 2018 and for the year ended December 31, 2017 are composed of Biomass-based Diesel, Services, Renewable Chemicals and Corporate and other activities. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.

The Biomass-based Diesel segment processes waste vegetable oils, animal fats, virgin vegetable oils and other feedstocks and methanol into biomass-based diesel. The Biomass-based Diesel segment also includes the Company’s purchases and resale of biomass-based diesel produced by third parties. Revenue is derived from the purchases and sales of biomass-based diesel, RINs and raw material feedstocks acquired from third parties, sales of biomass-based diesel produced under toll manufacturing arrangements with third party facilities, sales of processed biomass-based diesel from Company facilities, related by-products and renewable energy government incentive payments, in the U.S. and internationally.

The Services segment offers services for managing the construction of biomass-based diesel production facilities and managing ongoing operations of third-party plants and collects fees related to the services provided. The Company does not allocate items that are of a non-operating nature or corporate expenses to the business segments. Revenues from services provided to other segments are recorded by the Services segment at cost.

The Renewable Chemicals segment consists of research and development activities involving the production of renewable chemicals, additional advanced biofuels and other products from the Company's proprietary microbial fermentation process and the operations of a demonstration scale facility located in Okeechobee, Florida.

The Corporate and Other segment includes trading activities related to petroleum-based heating oil and diesel fuel as well as corporate activities, which consist of corporate office expenses such as compensation, benefits, occupancy and other administrative costs, including management service expenses. Corporate and Other also includes income/(expense) not associated with the reportable segments, such as corporate general and administrative expenses, shared service expenses, interest expense and interest income, all reflected on an accrual basis of accounting. In addition, Corporate and Other includes cash and other assets not associated with the reportable segments, including investments. Intersegment revenues are reported by the Services and Corporate and Other segments.

The following table represents the significant items by reportable segment:



	Three Months Ended June 30, 2018			Three Months Ended June 30, 2017			Six Months Ended June 30, 2018			Six Months Ended June 30, 2017
Net revenues:
Biomass-based Diesel (includes REG Germany's net sales of $43,369 and $89,725 and $41,473 and $95,025 for the three and six months ended June 30, 2018 and 2017, respectively)	$	541,774		$	532,527		$	1,170,167		$	922,632
Services	17,523			20,922			52,738			43,755
Renewable Chemicals	1,063			1,002			2,923			1,830
Corporate and Other	53,173			39,366			127,716			77,138
Intersegment revenues	(33,383		)	(58,714		)	(84,142		)	(91,359		)
	$	580,150		$	535,103		$	1,269,402		$	953,996
Income (loss) before income taxes:
Biomass-based Diesel (includes REG Germany's loss of ($1,078) and ($5,689) and ($2,092) and ($1,332) for the three and six months ended June 30, 2018 and 2017, respectively)	$	32,394		$	4,323		$	247,964		$	(6,392	)
Services	(267		)	(267		)	4,757			(377		)
Renewable Chemicals	(6,291		)	(4,828		)	(13,775		)	(9,835		)
Corporate and Other	11,849			(32,077		)	11,925			(31,084		)
	$	37,685		$	(32,849	)	$	250,871		$	(47,688	)
Depreciation and amortization expense, net:
Biomass-based Diesel (includes REG Germany's amounts of $570 and $1,367 and $788 and $1,474, for the three and six months ended June 30, 2018, respectively)	$	8,427		$	7,830		$	16,731		$	15,570
Services	357			251			685			482
Renewable Chemicals	394			384			789			769
Corporate and Other	440			508			906			1,015
	$	9,618		$	8,973		$	19,111		$	17,836
Cash paid for purchases of property, plant and equipment:
Biomass-based Diesel (includes REG Germany's amounts of $288 and $701 and $1,227 and $2,395, for the three and six months ended June 30, 2018 and 2017 respectively)	$	11,447		$	13,517		$	27,049		$	29,398
Services	911			938			1,763			1,520
Renewable Chemicals	—			—			335			7
Corporate and Other	—			946			33			1,112
	$	12,358		$	15,401		$	29,180		$	32,037



	June 30, 2018			December 31, 2017
Goodwill:
Services	$	16,080		$	16,080

Assets:
Biomass-based Diesel (including REG Germany's assets of $53,768 and $55,761, respectively)	$	955,055		$	898,180
Services	61,040			55,581
Renewable Chemicals	19,501			21,168
Corporate and Other	389,652			386,590
Intersegment eliminations	(272,478		)	(355,923		)
	$	1,152,770		$	1,005,596

Geographic Information:

The following geographic data include net sales attributed to the countries based on the location of the subsidiary making the sale and long-lived assets based on physical location. Long-lived assets represent the net book value of property, plant and equipment.



	Three Months Ended June 30, 2018		Three Months Ended June 30, 2017		Six Months Ended June 30, 2018		Six Months Ended June 30, 2017
Net revenues:
United States	$	534,110	$	477,769	$	1,175,034	$	843,110
Germany	43,369		41,473		89,725		95,025
Other Foreign	2,671		15,861		4,643		15,861
Non-United States	46,040		57,334		94,368		110,886
	$	580,150	$	535,103	$	1,269,402	$	953,996



	June 30, 2018		December 31, 2017
Long-lived assets:
United States	$	570,921	$	566,028
Germany	19,734		20,689
Other Foreign	610		680
	$	591,265	$	587,397