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Equity Investment (Tables)
6 Months Ended
Jun. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Equity in Earnings of OCI Wyoming

Our equity in the earnings of OCI Wyoming is summarized as follows (in thousands):

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2015      2014      2015      2014  
     (Unaudited)      (Unaudited)  

Income allocation to NRP’s equity interests

   $ 12,786       $ 10,851       $ 26,513       $ 22,127   

Amortization of basis difference

     (1,187      (1,450      (2,391      (2,947
  

 

 

    

 

 

    

 

 

    

 

 

 

Equity in earnings of unconsolidated investment

   $ 11,599       $ 9,401       $ 24,122       $ 19,180   

 

Schedule of Summarized Financial Information

The results of OCI Wyoming’s operations for the three and six months ended June 30, 2015 and 2014 are summarized as follows (in thousands):

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2015      2014      2015      2014  
     (Unaudited)      (Unaudited)  

Sales

   $ 122,200       $ 112,970       $ 242,630       $ 229,211   

Gross profit

     31,091         27,604         63,815         54,723   

Net income

     26,094         22,145         54,108         45,157   

The financial position of OCI Wyoming at June 30, 2015 and December 31, 2014 are summarized as follows (in thousands):

 

     June 30,
2015
     December 31,
2014
 
     (Unaudited)         

Current assets

   $ 166,900       $ 200,622   

Noncurrent assets

     228,691         202,282   

Current liabilities

     46,367         47,704   

Noncurrent liabilities

     135,190         149,192