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Related Party Transactions
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions

 

17.

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

 

 

Three Months Ended

 

 

Three Months Ended

 

 

Three Months Ended

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Purchases by Company

$

4.7

 

 

$

4.4

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Sales by Company

$

0.0

 

 

$

0.0

 

 

$

0.3

 

 

$

0.3

 

 

$

0.0

 

 

$

0.5

 

Outstanding Accounts Receivable

$

0.5

 

 

$

0.4

 

 

$

0.9

 

 

$

0.7

 

 

$

0.0

 

 

$

0.1

 

Outstanding Accounts Payable

$

1.8

 

 

$

1.7

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Administration & Management Oversight Services (1)

$

0.6

 

 

$

0.6

 

 

$

0.5

 

 

$

0.5

 

 

$

0.0

 

 

$

0.2

 

 

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