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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2012

Segment operating results for the three and six months ended June 30, 2012 and 2011 are summarized below:


(In thousands)	Surfactants		Polymers		Specialty Products		Segment Totals

For the three months ended June 30, 2012
Net sales	$	335,114	$	113,923	$	21,194	$	470,231
Operating income		31,024		11,775		3,395		46,194

For the three months ended June 30, 2011
Net sales	$	343,767	$	120,854	$	12,368	$	476,989
Operating income		24,693		15,064		3,485		43,242

For the six months ended June 30, 2012
Net sales	$	682,270	$	210,672	$	42,558	$	935,500
Operating income		64,016		23,526		7,290		94,832

For the six months ended June 30, 2011
Net sales	$	668,652	$	207,253	$	23,682	$	899,587
Operating income		52,857		21,429		6,749		81,035

Reconciliation of segment operating income to Consolidated

Below are reconciliations of segment operating income to consolidated income before income taxes:


(In thousands)	Three Months Ended June 30						Six Months Ended June 30
	2012			2011			2012			2011
Operating income segment totals	$	46,194		$	43,242		$	94,832		$	81,035
Unallocated corporate expenses ⁽¹⁾		(11,373	)		(9,164	)		(24,611	)		(17,106	)

Total operating income		34,821			34,078			70,221			63,929
Interest expense, net		(2,086	)		(2,194	)		(4,690	)		(4,257	)
Loss from equity in joint ventures		(1,300	)		(805	)		(2,441	)		(1,770	)
Other, net		83			253			1,148			565

Consolidated income before income taxes	$	31,518		$	31,332		$	64,238		$	58,467

⁽¹⁾	Unallocated corporate expenses primarily comprise corporate administrative expenses (e.g., corporate finance, legal, human resources, information systems and deferred compensation) that are not included in segment operating income and not used to evaluate segment performance.

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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