XML 25 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1

Segment Information

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Segment Information

Segment Information

The tables below show our consolidated segment results. The “All other” category includes the operations of the TEL business, as well as certain contracted manufacturing and services associated with Ethyl Corporation (Ethyl).

Net Sales by Segment

		Third Quarter Ended September 30,								Nine Months Ended September 30,
(in thousands)		2018				2017				2018				2017
Petroleum additives
Lubricant additives		$	462,865			$	443,355			$	1,440,227			$	1,340,693
Fuel additives		97,657				102,804				303,405				289,652
Total		560,522				546,159				1,743,632				1,630,345
All other		2,644				2,257				7,731				8,077
Net sales		$	563,166			$	548,416			$	1,751,363			$	1,638,422

Segment Operating Profit

		Third Quarter Ended September 30,								Nine Months Ended September 30,
(in thousands)		2018				2017				2018				2017
Petroleum additives		$	75,824			$	84,173			$	231,494			$	270,841
All other		(2,295		)		1,093				(1,966		)		2,943
Segment operating profit		73,529				85,266				229,528				273,784
Corporate, general, and administrative expenses		(5,402		)		(6,534		)		(16,033		)		(17,561		)
Interest and financing expenses, net		(7,807		)		(5,564		)		(18,536		)		(16,496		)
Other income (expense), net		7,994				3,809				24,231				10,773
Income before income tax expense		$	68,314			$	76,977			$	219,190			$	250,500

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration