XML 33 R19.htm IDEA: XBRL DOCUMENT v3.4.0.3
Reportable Segments
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Reportable Segments
Reportable Segments
The structure of the Company’s internal organization is divided into the following reportable segments, which are also the Company’s operating segments: Energy & Chemicals, Distribution & Storage and BioMedical. Corporate includes operating expenses for executive management, accounting, tax, treasury, human resources, information technology, legal, internal audit and risk management.
The following table represents information for the Company’s reportable segments and its corporate function:
 
Three Months Ended March 31,
 
2016
 
2015
Sales
 
 
 
Energy & Chemicals
$
37,959

 
$
87,470

Distribution & Storage
107,497

 
105,071

BioMedical
48,301

 
52,564

Consolidated
$
193,757

 
$
245,105

Operating Income (Loss) (1)
 
 
 
Energy & Chemicals
$
(2,198
)
 
$
15,291

Distribution & Storage
9,830

 
10,312

BioMedical
6,652

 
3,236

Corporate
(14,247
)
 
(13,882
)
Consolidated
$
37

 
$
14,957


As described in Note 1, beginning in 2016, the Company allocates share-based compensation expense to each operating segment and maintains share-based compensation expense related to Corporate employees at Corporate. Prior to 2016, all share-based compensation expense was recorded at Corporate. Reclassifications from Corporate to the operating segments have been made to the 2015 results to conform to the 2016 presentation.