SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

SEGMENT INFORMATION

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 Petrochemicals segment includes SHR and GSPL. Our Specialty Waxes segment is TC. We also separately identify our corporate overhead which includes administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs.

	Three Months Ended March 31, 2021
	Specialty Petrochemicals		Specialty Waxes		Corporate		Eliminations		Consolidated
	(in thousands)
Product sales	$	44,658	$	6,907	$	—	$	—	$	51,565
Processing fees	1,254		1,766		—		—		3,020
Total revenues	45,912		8,673		—		—		54,585
Operating income (loss) before depreciation and amortization	2,571		(481)		(3,023)		—		(933)
Operating loss	(231)		(1,957)		(3,025)		—		(5,213)
Loss from continuing operations before taxes	(297)		(1,954)		(3,154)		—		(5,405)
Depreciation and amortization	2,802		1,476		3		—		4,281
Capital expenditures	3,567		1,214		—		—		4,781

	Three Months Ended March 31, 2020
	Specialty Petrochemicals		Specialty Waxes		Corporate		Eliminations	Consolidated
	(in thousands)
Product sales	$	50,386	$	6,797	$	—	—	$	57,183
Processing fees	1,244		3,640		—		—	4,884
Total revenues	51,630		10,437		—		—	62,067
Operating income (loss) before depreciation and amortization	6,490		1,066		(2,415)		—	5,141
Operating income (loss)	3,872		(262)		(2,422)		—	1,188
Income (loss) from continuing operations before taxes	2,942		(242)		(2,490)		—	210
Depreciation and amortization	2,617		1,328		7		—	3,952
Capital expenditures	1,601		316		—		—	1,917

	March 31, 2021
	Specialty Petrochemicals	Specialty Waxes	Corporate	Eliminations	Consolidated
	(in thousands)
Intangible assets, net	—	12,433	—	—	12,433
Total assets	285,549	81,194	124,744	(181,088)	310,399

	December 31, 2020
	Specialty Petrochemicals	Specialty Waxes	Corporate	Eliminations	Consolidated
	(in thousands)
Intangible assets, net	—	12,893	—	—	12,893
Total assets	298,198	83,108	127,260	(191,733)	316,833