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Related Party Transactions
9 Months Ended
Sep. 30, 2016
Related Party Transactions [Abstract]  
Related Party Transactions

 

16.

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 each of which the Company holds a 50% ownership interest, and (ii) Natronx, in which the Company holds a one-third ownership interest:  

 

 

Armand

 

 

ArmaKleen

 

 

Natronx

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Purchases by Company

$

16.2

 

 

$

18.9

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Sales by Company

$

0.0

 

 

$

0.0

 

 

$

0.9

 

 

$

1.0

 

 

$

0.8

 

 

$

1.5

 

Outstanding Accounts Receivable

$

0.6

 

 

$

0.6

 

 

$

0.7

 

 

$

0.7

 

 

$

0.0

 

 

$

0.1

 

Outstanding Accounts Payable

$

1.7

 

 

$

2.1

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Administration & Management Oversight Services (1)

$

1.8

 

 

$

1.8

 

 

$

1.6

 

 

$

1.5

 

 

$

0.4

 

 

$

0.6

 

 

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