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Reportable Segments
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Reportable Segments
Reportable Segments
The structure of the Company’s internal organization is divided into the following reportable segments, which are also the Company’s operating segments: Energy & Chemicals, Distribution & Storage and BioMedical. Corporate includes operating expenses for executive management, accounting, tax, treasury, human resources, information technology, legal, internal audit and risk management.
The following table represents information for the Company’s reportable segments and its corporate function:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Sales
 
 
 
 
 
 
 
Energy & Chemicals
$
61,195

 
$
91,339

 
$
99,154

 
$
178,809

Distribution & Storage
129,600

 
121,813

 
237,097

 
226,884

BioMedical
56,300

 
57,100

 
104,601

 
109,664

Consolidated
$
247,095

 
$
270,252

 
$
440,852

 
$
515,357

Operating Income (Loss) (1)
 
 
 
 
 
 
 
Energy & Chemicals
$
22,124

 
$
19,540

 
$
19,926

 
$
34,831

Distribution & Storage
13,005

 
10,845

 
22,835

 
21,157

BioMedical
10,552

 
6,000

 
17,204

 
9,236

Corporate
(10,742
)
 
(11,256
)
 
(24,989
)
 
(25,138
)
Consolidated
$
34,939

 
$
25,129

 
$
34,976

 
$
40,086


_______________
(1) 
As described in Note 1, beginning in 2016, the Company allocates share-based compensation expense to each operating segment and maintains share-based compensation expense related to Corporate employees at Corporate. Prior to 2016, all share-based compensation expense was recorded at Corporate. Reclassifications from Corporate to the operating segments have been made to the 2015 results to conform to the 2016 presentation.