XML 51 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2018
SEGMENT INFORMATION [Abstract]  
Segment Information
We also separately identify our corporate overhead which includes financing and administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.

  
Three Months Ended March 31, 2018
 
  
Petrochemical
  
Specialty Wax
  
Corporate
  
Eliminations
  
Consolidated
 
  
(in thousands)
 
Product sales
 
$
60,285
  
$
6,383
  
$
-
  
$
31
  
$
66,699
 
Processing fees
  
2,028
   
3,212
   
-
   
(198
)
  
5,042
 
Total revenues
  
62,313
   
9,595
   
-
   
(167
)
  
71,741
 
Operating profit (loss) before depreciation and amortization
  
8,393
   
390
   
(2,148
)
  
-
   
6,635
 
Operating profit (loss)
  
6,679
   
(914
)
  
(2,156
)
  
-
   
3,609
 
Profit (loss) before taxes
  
6,054
   
(1,181
)
  
(1,931
)
  
-
   
2,942
 
Depreciation and amortization
  
1,714
   
1,304
   
8
   
-
   
3,026
 
Capital expenditures
  
10,283
   
745
   
-
   
-
   
11,028
 
 
  
Three Months Ended March 31, 2017
 
  
Petrochemical
  
Specialty Wax
  
Corporate
  
Eliminations
  
Consolidated
 
  
(in thousands)
 
Product sales
 
$
44,391
  
$
6,508
  
$
-
   
-
  
$
50,899
 
Processing fees
  
1,488
   
3,155
   
-
   
-
   
4,643
 
Total revenues
  
45,879
   
9,663
   
-
   
-
   
55,542
 
Operating profit (loss) before depreciation and amortization
  
8,214
   
745
   
(2,179
)
  
-
   
6,780
 
Operating profit (loss)
  
6,658
   
(271
)
  
(2,195
)
  
-
   
4,192
 
Profit (loss) before taxes
  
6,005
   
(290
)
  
(3,167
)
  
-
   
2,548
 
Depreciation and amortization
  
1,556
   
1,016
   
16
   
-
   
2,588
 
Capital expenditures
  
8,756
   
5,125
   
-
   
-
   
13,881
 

  
March 31, 2018
 
  
Petrochemical
  
Specialty Wax
  
Corporate
  
Eliminations
  
Consolidated
 
  
(in thousands)
 
Trade receivables, product sales
 
$
21,495
  
$
3,127
  
$
-
  
$
25
  
$
24,647
 
Trade receivables, processing fees
  
1,018
   
1,841
   
-
   
(85
)
  
2,774
 
Goodwill and intangible assets, net
  
-
   
42,141
   
-
   
-
   
42,141
 
Total assets
  
275,063
   
117,297
   
97,543
   
(154,777
)
  
335,126
 

  
December 31, 2017
 
  
Petrochemical
  
Specialty Wax
  
Corporate
  
Eliminations
  
Consolidated
 
  
(in thousands)
 
Trade receivables, product sales
 
$
20,211
  
$
2,671
  
$
-
  
$
-
  
$
22.882
 
Trade receivables, processing fees
  
983
   
1,914
   
-
   
-
   
2,897
 
Goodwill and intangible assets, net
  
-
   
42,606
   
-
   
-
   
42,606
 
Total assets
  
265,213
   
117,579
   
97,880
   
(153,346
)
  
327,326