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Related Party Transactions
3 Months Ended
Mar. 31, 2014
Related Party Transactions
15. Related Party Transactions

The following summarizes the balances and transactions between the Company and each of (i) Armand Products Company (“Armand”) and The ArmaKleen Company (“ArmaKleen”), in which the Company holds a 50% ownership interest, and (ii) Natronx, in which the Company holds a one-third ownership interest:

 

     Armand      ArmaKleen      Natronx  
     Three Months Ended      Three Months Ended      Three Months Ended  
     March 31,
2014
     March 31,
2013
     March 31,
2014
     March 31,
2013
     March 31,
2014
     March 31,
2013
 

Purchases by Company

   $ 4.5       $ 4.3       $ 0.0       $ 0.0       $ 0.0       $ 0.0   

Sales by Company

   $ 0.0       $ 0.0       $ 0.3       $ 0.3       $ 0.4       $ 0.4   

Outstanding Accounts Receivable

   $ 0.5       $ 3.4       $ 0.9       $ 1.3       $ 0.3       $ 0.5   

Outstanding Accounts Payable

   $ 1.9       $ 2.1       $ 0.0       $ 0.0       $ 0.0       $ 0.0   

Administration & Management Oversight Services (1)

   $ 0.6       $ 0.4       $ 0.5       $ 0.5       $ 0.2       $ 0.3   

 

(1)  Billed by Company and recorded as a reduction of selling, general and administrative expenses.