Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Operating Segment

Segment data for the three years ended December 31, 2012, 2011 and 2010, are as follows:

(In thousands)	Surfactants		Polymers		Specialty Products		Segment Totals
2012
Net sales	$	1,305,800	$	423,959	$	73,978	$	1,803,737
Operating income		118,591		48,130		12,242		178,963
Assets		692,891		199,013		58,810		950,714
Capital expenditures		56,236		19,266		5,815		81,317
Depreciation and   amortization expenses		34,036		13,328		2,270		49,634
2011
Net sales	$	1,361,956	$	421,515	$	59,621	$	1,843,092
Operating income		100,811		40,909		13,307		155,027
Assets		624,425		174,029		54,296		852,750
Capital expenditures		63,295		15,320		3,658		82,273
Depreciation and   amortization expenses		31,346		11,697		1,808		44,851
2010
Net sales	$	1,057,982	$	330,416	$	42,724	$	1,431,122
Operating income		93,010		36,904		14,499		144,413
Assets		548,297		157,114		26,427		731,838
Capital expenditures		56,562		23,895		1,462		81,919
Depreciation and   amortization expenses		27,260		9,519		1,442		38,221

Reconciliation of segment information to consolidated financial statements

Below are reconciliations of segment data to the consolidated financial statements:

(In thousands)	2012			2011			2010
Operating income – segment totals	$	178,963		$	155,027		$	144,413
Unallocated corporate expenses (a)		(50,247	)		(36,571	)		(36,516	)
Total operating income		128,716			118,456			107,897
Interest expense, net		(9,599	)		(9,095	)		(6,341	)
Loss from equity in joint ventures		(4,724	)		(3,616	)		(1,663	)
Other, net		1,329			(851	)		1,586
Consolidated income before income taxes	$	115,722		$	104,894		$	101,479
Assets – segment totals	$	950,714		$	852,750		$	731,838
Unallocated corporate assets (b)		34,764			48,368			79,593
Consolidated assets	$	985,478		$	901,118		$	811,431
Capital expenditures – segment totals	$	81,317		$	82,273		$	81,919
Unallocated corporate expenditures		1,842			893			2,229
Consolidated capital expenditures	$	83,159		$	83,166		$	84,148
Depreciation and amortization expenses – segment totals	$	49,634		$	44,851		$	38,221
Unallocated corporate depreciation expenses		1,660			2,248			2,130
Consolidated depreciation and amortization expenses	$	51,294		$	47,099		$	40,351

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

^(b)  The decline in unallocated corporate assets between 2011 and 2010 was attributable to a decrease in U.S. cash balances and an increase in the LIFO reserve balance, both of which are not allocated to segments.

Summary of company-wide geographic data

Below is certain Company-wide geographic data for the years ended December 31, 2012, 2011 and 2010:

(In thousands)	2012		2011		2010
Net sales (a)
United States	$	1,076,222	$	1,086,233	$	863,780
France		298,158		316,514		238,310
United Kingdom		103,523		122,100		104,071
All other countries		325,834		318,245		224,961
Total	$	1,803,737	$	1,843,092	$	1,431,122
Long-lived assets ( b )
United States	$	246,118	$	230,926	$	204,137
Germany		34,213		31,006		28,751
Singapore		43,239		37,827		25,174
Philippines		22,658		23,214		22,284
Brazil		18,410		18,773		21,061
United Kingdom		20,878		18,268		17,750
All other countries		52,483		42,150		46,402
Total	$	437,999	$	402,164	$	365,559

^(a)  Net sales are attributed to countries based on selling location.

^(b)  Includes net property, plant and equipment, goodwill and other intangible assets.