XML 32 R21.htm IDEA: XBRL DOCUMENT v3.23.3
Business Segments
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS
    The Partnership has four reportable segments: (1) terminalling and storage, (2) transportation, (3) sulfur services and (4) specialty products. The Partnership’s reportable segments are strategic business units that offer different products and services. The operating income of these segments is reviewed by the chief operating decision maker to assess performance and make business decisions. Effective January 1, 2023, the Partnership reorganized its Terminalling and Storage and Natural Gas Liquids operating segments. The underground NGL storage division of the Partnership's Natural Gas Liquids operating segment was moved to the Terminalling and Storage operating segment. Further, the Partnership's packaged lubricants and grease businesses were moved from the Terminalling and Storage operating segment to the Specialty Products operating segment (formerly named the Natural Gas Liquids segment). All prior period financial information has been revised to reflect these changes. In conjunction with the segment reorganization, the Partnership allocated $4,229 of goodwill from the Terminalling and Storage operating segment to the Specialty Products operating segment. The Partnership evaluates the performance of its reportable segments based on operating income. There is no allocation of interest expense.

Three Months Ended September 30, 2023Operating RevenuesIntersegment Revenues EliminationsOperating Revenues after EliminationsDepreciation and AmortizationOperating Income (Loss) after EliminationsCapital Expenditures and Plant Turnaround Costs
Terminalling and storage$23,973 $(1,771)$22,202 $5,102 $1,357 $2,684 
Transportation58,541 (3,318)55,223 3,674 3,323 1,939 
Sulfur services32,577 — 32,577 2,639 5,993 5,015 
Specialty products66,720 (25)66,695 808 7,868 1,028 
Indirect selling, general and administrative— — — — (3,837)— 
Total$181,811 $(5,114)$176,697 $12,223 $14,704 $10,666 

Three Months Ended September 30, 2022Operating RevenuesIntersegment Revenues EliminationsOperating Revenues after EliminationsDepreciation and AmortizationOperating Income (Loss) after EliminationsCapital Expenditures and Plant Turnaround Costs
Terminalling and storage$23,034 $(3,046)$19,988 $6,200 $(3,046)$5,593 
Transportation63,514 (4,521)58,993 3,598 7,528 1,682 
Sulfur services28,868 — 28,868 2,786 (3,943)2,204 
Specialty products121,483 (27)121,456 1,137 (8,523)103 
Indirect selling, general and administrative— — — — (4,260)— 
Total$236,899 $(7,594)$229,305 $13,721 $(12,244)$9,582 
Nine Months Ended September 30, 2023Operating RevenuesIntersegment Revenues EliminationsOperating Revenues after EliminationsDepreciation and AmortizationOperating Income (Loss) after EliminationsCapital Expenditures and Plant Turnaround Costs
Terminalling and storage$71,798 $(7,054)$64,744 $15,896 $3,657 $9,793 
Transportation178,875 (13,179)165,696 11,196 11,847 5,938 
Sulfur services108,586 — 108,586 8,072 21,890 10,723 
Specialty products277,895 (59)277,836 2,507 24,073 1,627 
Indirect selling, general and administrative
— — — — (11,929)— 
Total$637,154 $(20,292)$616,862 $37,671 $49,538 $28,081 

Nine Months Ended September 30, 2022Operating RevenuesIntersegment Revenues EliminationsOperating Revenues after EliminationsDepreciation and AmortizationOperating Income (Loss) after EliminationsCapital Expenditures and Plant Turnaround Costs
Terminalling and storage$69,027 $(9,219)$59,808 $20,372 $(9,379)$11,958 
Transportation176,313 (14,778)161,535 10,761 15,471 6,196 
Sulfur services144,944 — 144,944 8,377 22,894 5,298 
Specialty products409,310 (95)409,215 3,497 18,481 840 
Indirect selling, general and administrative
— — — — (12,772)— 
Total$799,594 $(24,092)$775,502 $43,007 $34,695 $24,292 

    The Partnership's assets by reportable segment as of September 30, 2023 and December 31, 2022, are as follows:
September 30, 2023December 31, 2022
Total assets:  
Terminalling and storage$169,671 $184,537 
Transportation161,618 153,451 
Sulfur services100,144 110,688 
Specialty products76,468 150,175 
Total assets$507,901 $598,851