Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

The Company has three reportable segments: Surfactants, Polymers and Specialty Products. Net sales by segment for the three months ended March 31, 2020 and 2019, were as follows:

(In thousands)	Three Months Ended March 31
	2020		2019
Segment Net Sales
Surfactants	$	327,071	$	349,650
Polymers		106,491		120,179
Specialty Products		16,425		19,341
Total	$	449,987	$	489,170

Reconciliation of Segment Information to Income Before Provision for Income Taxes

Segment operating income and reconciliations of segment operating income to income before provision for income taxes for the three months ended March 31, 2020 and 2019, are summarized below:

(In thousands)	Three Months Ended March 31
	2020			2019
Segment Operating Income
Surfactants	$	36,156		$	37,167
Polymers		7,516			12,105
Specialty Products		3,984			3,131
Segment operating income		47,656			52,403
Business restructuring		(357	)		(733	)
Unallocated corporate expenses ⁽¹⁾		(7,295	)		(21,932	)
Consolidated operating income		40,004			29,738
Interest expense, net		(1,230	)		(1,853	)
Other, net		(3,262	)		3,145
Income before provision for income taxes	$	35,512		$	31,030

⁽¹⁾

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