XML 23 R10.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
4. Revenue from Contracts with Customers:
Disaggregated Revenue
The Company’s primary means of disaggregating revenues is by reportable segments, which can be found in Note 18 to these condensed consolidated financial statements.
The Company’s portfolio of products is integrated into a variety of end uses, which are described in the table below.
Key End UsesKey Products
Industrial & process chemicals• Sulfur derivatives for industrial production
• Treatment services
Fuels & emission control• Refining catalysts
• Emission control catalysts
• Catalyst recycling services
Packaging & engineered plastics• Catalysts for high-density polyethylene and chemicals syntheses
• Antiblock for film packaging
• Sulfur derivatives for nylon production
Natural resources• Sulfur derivatives for mining
The following tables disaggregate the Company’s sales, by segment and end use, for the three and six months ended June 30, 2021 and 2020:
Three months ended June 30, 2021
EcoservicesSilica CatalystsTotal
Industrial & process chemicals$18,341 $— $18,341 
Fuels & emission control(1)
68,794 — 68,794 
Packaging & engineered plastics14,979 26,215 41,194 
Natural resources18,627 — 18,627 
Total segment sales$120,741 $26,215 $146,956 
Eliminations(4)— (4)
Total$120,737 $26,215 $146,952 
Three months ended June 30, 2020
EcoservicesSilica CatalystsTotal
Industrial & process chemicals$16,713 $2 $16,715 
Fuels & emission control(1)
50,682 — 50,682 
Packaging & engineered plastics7,473 25,206 32,679 
Natural resources15,565 — 15,565 
Total segment sales$90,433 $25,208 $115,641 
Six months ended June 30, 2021
EcoservicesSilica CatalystsTotal
Industrial & process chemicals$35,288 $— $35,288 
Fuels & emission control(1)
123,987 — 123,987 
Packaging & engineered plastics25,600 52,617 78,217 
Natural resources36,088 — 36,088 
Total segment sales$220,963 $52,617 $273,580 
Eliminations(4)— (4)
Total$220,959 $52,617 $273,576 
Six months ended June 30, 2020
EcoservicesSilica CatalystsTotal
Industrial & process chemicals$36,072 $49 $36,121 
Fuels & emission control(1)
106,393 — 106,393 
Packaging & engineered plastics18,206 50,023 68,229 
Natural resources30,452 — 30,452 
Total segment sales$191,123 $50,072 $241,195 
(1)As described in Note 1, the Company experiences seasonal sales fluctuations to customers in the fuels & emission control end use.
Contract Assets and Liabilities
A contract asset is a right to consideration in exchange for goods that the Company has transferred to a customer when that right is conditional on something other than the passage of time. A contract liability exists when the Company receives consideration in advance of performance obligations being satisfied. The Company has no contract assets or liabilities on its condensed consolidated balance sheets as of June 30, 2021 and December 31, 2020.