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15. BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Schedule of segment operating income

Three-Month Period Ended June 30, 2015		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	15,092,861			$	2,909,342			$	31,347,867			$	49,350,070			$	-			$	49,350,070
Net revenue (intersegment)			2,518,562				-				-				2,518,562				-				2,518,562
Income (loss) from operations before taxes			4,505,928				(4,027	)			10,765,654				15,267,555				(706,166	)			14,561,389
Income taxes			951,896				171,681				2,719,721				3,843,298				-				3,843,298
Income (loss) from operations after taxes			3,554,032				(175,708	)			8,045,933				11,424,257				(706,166	)			10,718,091
Total assets			142,221,356				40,055,235				186,715,430				368,992,021				33,732				369,025,753
Depreciation and amortization			4,501,603				1,589,490				1,436,588				7,527,681				-				7,527,681
Goodwill			-				-				31,396,066				31,396,066				-				31,396,066

Three-Month Period Ended June 30, 2014		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	16,214,612			$	2,915,445			$	12,622,757			$	31,752,814			$	-			$	31,752,814
Net revenue (intersegment)			836,840				-				-				836,840				-				836,840
Income (loss) from operations before taxes			3,599,026				(116,798	)			4,191,572				7,673,800				(142,228	)			7,531,572
Income taxes			735,834				141,819				1,055,850				1,933,503				-				1,933,503
Income (loss) from operations after taxes			2,863,192				(258,617	)			3,135,722				5,740,297				(142,228	)			5,598,069
Total assets			189,852,951				53,961,678				72,505,351				316,319,980				25,561				316,345,541
Depreciation and amortization			4,378,252				1,604,960				887,546				6,870,758				-				6,870,758
Capital expenditures			-				-				-				-				-				-

Six-Month Period Ended June 30, 2015		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate						Total
Net revenue (external customers)		$	26,126,110			$	4,873,073			$	53,261,716			$	84,260,899			$	-			$	84,260,899
Net revenue (intersegment)			4,024,239				-				-				4,024,239				-				4,024,239
Income (loss) from operations before taxes			4,642,886				183,509				17,812,394				22,638,789				(966,749	)			21,672,040
Income taxes			1,027,302				180,738				4,506,746				5,714,786				-				5,714,786
Income (loss) from operations after taxes			3,615,584				2,771				13,305,648				16,924,003				(966,749	)			15,957,254
Total assets			142,221,356				40,055,235				186,715,430				368,992,021				33,732				369,025,753
Depreciation and amortization			9,236,903				2,990,787				2,678,979				14,906,669				-				14,906,699
Goodwill			-				-				31,396,066				31,396,066				-				31,396,066

Six-Month Period Ended June 30, 2014		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	27,976,528			$	5,357,340			$	24,011,122			$	57,344,990			$	-			$	57,344,990
Net revenue (intersegment)			1,620,833				-				-				1,620,833				-				1,620,833
Income (loss) from operations before taxes			4,617,298				526,509				7,961,305				13,105,112				28,104				13,133,216
Income taxes			1,100,419				197,059				2,005,094				3,302,572				-				3,302,572
Income (loss) from operations after taxes			3,516,879				329,450				5,956,211				9,802,540				28,104				9,830,644
Total assets			189,852,951				53,961,678				72,505,351				316,319,980				25,561				316,345,541
Depreciation and amortization			8,928,395				3,099,717				1,780,886				13,808,998				-				13,808,998
Capital expenditures			34,378				5,208				-				39,586				-				39,586

Schedule of segment costs

		Six-Month Period Ended June 30,								Six-Month Period Ended June 30,
Reconciliations		2015				2014				2015				2014
Total segment operating income		$	15,267,555			$	7,673,800			$	22,638,789			$	13,105,112
Corporate costs			(706,166	)			(142,228	)			(966,749	)			28,104
Income from operations			14,561,389				7,531,572				21,672,040				13,133,216
Other income, net of expense			57,169				66,743				133,277				120,506
Income before taxes		$	14,618,558			$	7,598,315			$	21,805,317			$	13,253,722

Schedule of major customers

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2015.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 2,382		$ 731		$ 1,973		$  5,086		10.3%
TOTAL			$  2,382		$  731		$  1,973		$  5,086		10.3%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2015.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 4,072		$ 1,195		$ 3,684		$  8,951		10.6%
TOTAL			$  4,072		$  1,195		$  3,684		$  8,951		10.6%

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2014.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 2,505		$ 693		$ 1,935		$  5,133		16.2%
TOTAL			$  2,505		$  693		$  1,935		$  5,133		16.2%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2014.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 4,088		$ 1,264		$ 3,320		$  8,672		15.1%
TOTAL			$  4,088		$  1,264		$  3,320		$  8,672		15.1%

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