SEGMENT INFORMATION

We operate through business segments according to the nature and economic characteristics of our products as well as the manner in which the information is used internally by our key decision maker, who is our Chief Executive Officer. Segment data may include rounding differences.

Our specialty petrochemical segment includes SHR and GSPL. Our specialty synthetic wax segment is TC. 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 September 30, 2018
	Petrochemical		Specialty Wax			Corporate			Eliminations			Consolidated
	(in thousands)
Product sales	$	61,675	$	6,938		$	—		$	—		$	68,613
Processing fees	2,056		2,799			—			(52		)	4,803
Total revenues	63,731		9,737			—			(52		)	73,416
Operating profit (loss) before depreciation and amortization	6,167		415			(2,252		)	—			4,330
Operating profit (loss)	3,516		(936		)	(2,270		)	—			310
Profit (loss) before taxes	2,561		(1,239		)	(3,404		)	—			(2,082		)
Depreciation and amortization	2,651		1,351			16			—			4,018
Capital expenditures	2,562		1,094			—			—			3,656



	Three Months Ended September 30, 2017
	Petrochemical		Specialty Wax			Corporate			Eliminations	Consolidated
	(in thousands)
Product sales	$	52,440	$	5,590		$	—		—	$	58,030
Processing fees	1,519		1,959			—			—	3,478
Total revenues	53,959		7,549			—			—	61,508
Operating profit (loss) before depreciation and amortization	9,319		(587		)	(1,957		)	—	6,775
Operating profit (loss)	7,735		(1,795		)	(1,975		)	—	3,965
Profit (loss) before taxes	7,149		(1,975		)	(2,879		)	—	2,295
Depreciation and amortization	1,584		1,208			18			—	2,810
Capital expenditures	9,426		1,991			—			—	11,417



	Nine Months Ended September 30, 2018
	Petrochemical		Specialty Wax			Corporate			Eliminations			Consolidated
	(in thousands)
Product sales	$	178,094	$	20,755		$	—		$	32		$	198,881
Processing fees	5,769		8,863			—			(250		)	14,382
Total revenues	183,863		29,618			—			(218		)	213,263
Operating profit (loss) before depreciation and amortization	20,655		1,969			(5,234		)	—			17,390
Operating profit (loss)	14,635		(2,051		)	(5,268		)	—			7,316
Profit (loss) before taxes	12,474		(2,926		)	(5,877		)	—			3,671
Depreciation and amortization	6,020		4,020			32			—			10,072
Capital expenditures	16,374		2,716			—			—			19,090



	Nine Months Ended September 30, 2017
	Petrochemical		Specialty Wax			Corporate			Eliminations	Consolidated
	(in thousands)
Product sales	$	147,339	$	18,606		$	—		—	$	165,945
Processing fees	5,078		8,142			—			—	13,220
Total revenues	152,417		26,748			—			—	179,165
Operating profit (loss) before depreciation and amortization	26,294		969			(5,978		)	—	21,285
Operating profit (loss)	21,610		(2,264		)	(6,027		)	—	13,319
Profit (loss) before taxes	19,750		(2,534		)	(11,209		)	—	6,007
Depreciation and amortization	4,684		3,233			49			—	7,966
Capital expenditures	27,203		12,047			—			—	39,250



	September 30, 2018
	Petrochemical		Specialty Wax		Corporate		Eliminations			Consolidated
	(in thousands)
Trade receivables, product sales	$	22,600	$	3,896	$	—	$	—		$	26,496
Trade receivables, processing fees	1,165		2,126		—		—			3,291
Goodwill and intangible assets, net	—		41,210		—		—			41,210
Total assets	282,094		115,146		91,647		(154,138		)	334,749



	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