Business Segments

3 Months Ended

Mar. 31, 2013

Segment Reporting Measurement Disclosures [Abstract]

Segment Reporting Disclosure [Text Block]

Note 8 – Business Segments

The following table presents information about the Company's reported segments for the three months endedMarch 31, 2013 and March 31, 2012:

		Three Months Ended
		March 31,
		2013		2012
Metalworking Process Chemicals
	Net sales	$	164,936	$	165,975
	Operating income for reportable segment		32,027		30,975
Coatings
	Net sales		10,746		10,523
	Operating income for reportable segment		2,506		2,513
Other Chemical Products
	Net sales		511		1,140
	Operating (loss) income for reportable segment		(21)		142
Total
	Net sales		176,193		177,638
	Operating income for reportable segments		34,512		33,630
Non-operating expenses			(16,222)		(16,182)
Amortization expense			(879)		(746)
Consolidated operating income			17,411		16,702
Interest expense			(744)		(1,174)
Interest income			169		123
Other income, net			346		341
Consolidated income before taxes and equity in net income of associated companies		$	17,182	$	15,992

Operating income is comprised of revenue less related costs and expenses. Non-operating items primarily consist of general corporate expenses identified as not being a cost of operation, interest expense, interest income, and license fees from non-consolidated affiliates.