XML 29 R13.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Information concerning business activities and assets by segment
The Company is engaged in the business of crude oil marketing as well as tank truck transportation of liquid chemicals, and oil and gas exploration and production.  Information concerning the Company's various business activities is summarized as follows (in thousands):

- Nine Month Comparison

      
Segment
  
Depreciation
  
Property and
 
      
Operating
  
Depletion and
  
Equipment
 
   
Revenues
  
Earnings
  
Amortization
  
Additions
 
Period Ended September 30, 2015
            
Marketing
 $1,541,999  $22,405  $8,336  $2,128 
Transportation
  49,921   3,212   5,691   1,584 
Oil and gas
  4,104   (6,406)  4,059   2,635 
   $1,596,024  $19,211  $18,086  $6,347 
Period Ended September 30, 2014
                
Marketing
 $3,219,457  $22,187  $7,006  $9,308 
Transportation
  52,490   3,594   5,513   6,280 
Oil and gas
  11,143   1,140   5,924   7,067 
   $3,283,090  $26,921  $18,443  $22,655 

- Three Month Comparison

      
Segment
  
Depreciation
  
Property and
 
      
Operating
  
Depletion and
  
Equipment
 
   
Revenues
  
Earnings
  
Amortization
  
Additions
 
Period Ended September 30, 2015
            
Marketing
 $423,014  $3,715  $2,782  $- 
Transportation
  15,748   918   1,892   1,050 
Oil and gas
  1,131   (2,909)  1,294   458 
   $439,893  $1,724  $5,968  $1,508 
Period Ended September 30, 2014
                
Marketing
 $1,153,249  $5,041  $2,450  $3,377 
Transportation
  17,538   1,464   1,882   5,851 
Oil and gas
  3,183   1,527   1,896   1,338 
   $1,173,970  $8,032  $6,228  $10,566 
Reconciliation of segment earnings to earnings before income taxes
Segment operating earnings reflect revenues net of operating costs and depreciation, depletion and amortization and are reconciled to earnings from continuing operations before income taxes, as follows (in thousands):

   
Nine Months Ended
  
Three Months Ended
 
   
September 30,
  
September 30,
 
   
2015
  
2014
  
2015
  
2014
 
Segment operating earnings
 $19,211  $26,921  $1,724  $8,032 
- General and administrative
  (7,750)  (6,701)  (2,101)  (2,300)
Operating earnings (loss)
  11,461   20,220   (377)  5,732 
- Interest income
  237   205   64   118 
- Interest expense
  (5)  (2)  (1)  (2)
Earnings (loss) before income tax
 $11,693  $20,423  $(314) $5,848 
 
                
Identifiable assets by industry segment
Identifiable assets by industry segment were as follows (in thousands):

   
September 30,
  
December 31,
 
   
2015
  
2014
 
Marketing
 $132,721  $189,332 
Transportation
  32,351   37,643 
Oil and gas
  20,921   25,888 
Other
  102,808   87,951 
   $288,801  $340,814