XML 42 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Data (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following is a summary of business segment operating performance as measured by contribution margin for the period indicated (in thousands):
 
 
Three Months Ended March 31, 2013
 
 
Pipelines and Transportation
 
Wholesale Marketing and Terminalling
 
Consolidated
Net sales
 
$
13,537

 
$
197,357

 
$
210,894

Operating costs and expenses:
 
 
 
 
 
 
Cost of goods sold
 

 
187,860

 
187,860

Operating expenses
 
4,621

 
1,241

 
5,862

Segment contribution margin
 
$
8,916

 
$
8,256

 
17,172

General and administrative expenses
 
 
 
 
 
1,677

Depreciation and amortization
 
 
 
 
 
2,352

Operating income
 
 
 
 
 
$
13,143

Total assets
 
$
163,047

 
$
97,759

 
$
260,806

Capital spending (excluding business combinations)
 
$
1,128

 
$
148

 
$
1,276


 
 
Three Months Ended March 31, 2012
 
 
Predecessor
 
 
Pipelines and Transportation
 
Wholesale Marketing and Terminalling
 
Combined
Net sales
 
$
6,680

 
$
232,404

 
$
239,084

Operating costs and expenses:
 
 
 
 
 
 
Cost of goods sold
 

 
225,409

 
225,409

Operating expenses
 
3,278

 
932

 
4,210

Segment contribution margin
 
$
3,402

 
$
6,063

 
9,465

General and administrative expenses
 
 
 
 
 
2,407

Depreciation and amortization
 
 
 
 
 
2,134

Loss on sale of assets
 
 
 
 
 
5

Operating income
 
 
 
 
 
$
4,919

Total assets
 
$
110,632

 
$
119,248

 
$
229,880

Capital spending (excluding business combinations)
 
$
376

 
$
637

 
$
1,013

Property, plant and equipment, accumulated depreciation and depreciation expense by reporting segment as of and for the three months ended March 31, 2013 are as follows (in thousands):
 
 
Pipelines and Transportation
 
Wholesale Marketing and Terminalling
 
Consolidated
Property, plant and equipment
 
$
126,773

 
$
46,803

 
$
173,576

Less: Accumulated depreciation
 
(9,628
)
 
(11,213
)
 
(20,841
)
Property, plant and equipment, net
 
$
117,145

 
$
35,590

 
$
152,735

Depreciation expense for the three months ended March 31, 2013
 
$
1,605

 
$
446

 
$
2,051

Depreciation expense for the three months ended March 31, 2012
 
$
1,321

 
$
547

 
$
1,868