Note 17 - Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

17.  SEGMENT INFORMATION

     The Company’s operations are organized into two reportable segments: Performance Materials and Graphic Solutions.

     The Performance Materials segment manufactures and markets dynamic chemistry solutions that are used in the electronics, automotive and oil and gas production and drilling industries. Its products include surface and coating materials and water-based hydraulic control fluids. In conjunction with the sale of these products, we provide extensive technical service and support to ensure superior performance of their application. Within the Performance Materials segment, the Company has two primary categories of products. Industrial products are materials used to improve the performance or look of a component of an industrial part or process.  Electronic products are materials used to manufacture and improve the performance of circuit boards and similar electronic items.

     The Graphic Solutions segment primarily produces and markets photopolymers through an extensive line of flexographic plates that are used in the commercial packaging and printing industries. The Company evaluates the performance of its segments based on net sales and operating profit. Operating profit for each segment includes net sales to third parties, related cost of sales and operating expenses directly attributable to the segment. Operating profit for each segment includes an allocation of corporate costs such as corporate salary and wages, equity compensation expense and legal costs.

        The following table summarizes financial information regarding each reportable segment’s results of operations for the periods presented:

	For the three months ended June 30,					For the six months ended June 30,
	2014			2013		2014			2013
	(Successor)			(Predecessor)		(Successor)			(Predecessor)
Net Sales:
Performance Materials	$	147,129		$	145,274	$	290,240		$	284,098
Graphic Solutions		42,003			44,718		82,618			88,026
Consolidated net sales		189,132			189,992		372,858			372,124
Operating profit (loss):
Performance Materials		16,641			27,115		25,480			48,563
Graphic Solutions		(11,035	)		9,517		(15,882	)		17,845
Consolidated operating profit	$	5,606		$	36,632	$	9,598		$	66,408