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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Operating Segment

Segment operating results for the three months ended March 31, 2013 and 2012, are summarized below:

 

                                 
(In thousands)   Surfactants     Polymers     Specialty
Products
    Segment
Totals
 

For the three months ended March 31, 2013

                               

Net sales

  $ 339,973     $ 95,998     $ 20,575     $ 456,546  

Operating income

    29,652       10,764       2,832       43,248  

For the three months ended March 31, 2012

                               

Net sales

  $ 347,156     $ 96,749     $ 21,364     $ 465,269  

Operating income

    32,992       11,751       3,895       48,638  
Reconciliation of segment information to consolidated financial statements

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

 

                 
    Three Months Ended
March 31
 
(In thousands)   2013     2012  

Operating income segment totals

  $ 43,248     $ 48,638  

Unallocated corporate expenses (a)

    (14,954     (13,238
   

 

 

   

 

 

 

Total operating income

    28,294       35,400  

Interest expense, net

    (2,179     (2,604

Loss from equity in joint ventures

    (1,413     (1,141

Other, net

    571       1,065  
   

 

 

   

 

 

 

Consolidated income before income taxes

  $ 25,273     $ 32,720  
   

 

 

   

 

 

 

 

(a) 

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.