Trecora Resources (TREC) 10-Q 5 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Jul. 23, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	1-33926
Entity Registrant Name	TRECORA RESOURCES
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	75-1256622
Entity Address, Address Line One	1650 Hwy 6 South,
Entity Address, Address Line Two	Suite 190
Entity Address, City or Town	Sugar Land,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77478
City Area Code	(281)
Local Phone Number	980-5522
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	TREC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		24,394,405
Entity Central Index Key	0000007039
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands, shares in Millions	Jun. 30, 2021	Dec. 31, 2020
Current Assets
Cash	$ 39,125	$ 55,664
Trade receivables, net	34,210	25,301
Inventories	15,640	12,945
Prepaid expenses and other assets	5,094	9,198
Taxes receivable	286	2,788
Total current assets	94,355	105,896
Property, plant and equipment, net	188,109	187,104
Intangible assets, net	11,972	12,893
Lease right-of-use assets, net	8,962	10,528
Mineral properties in the United States	412	412
TOTAL ASSETS	303,810	316,833
Current Liabilities
Accounts payable	11,488	14,447
Accrued liabilities	7,388	6,857
Current portion of long-term debt	4,194	4,194
Current portion of lease liabilities	3,244	3,195
Current portion of other liabilities	569	891
Total current liabilities	33,006	29,584
Long-term debt, net of current portion	39,804	41,901
Post-retirement benefit, net of current portion	316	320
Lease liabilities, net of current portion	5,718	7,333
Other liabilities, net of current portion	626	648
Deferred income taxes	26,241	26,517
Total liabilities	105,711	112,426
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock - authorized 40 million shares of $0.10 par value; issued 24.4 million and 24.8 million and outstanding 23.8 million and 24.8 million in 2021 and 2020, respectively	2,497	2,483
Additional paid-in capital	62,138	61,311
Treasury stock, at cost (0.6 million shares)	(5,000)	0
Retained earnings	138,175	140,324
Total Trecora Resources Stockholders' Equity	197,810	204,118
Non-controlling Interest	289	289
Total equity	198,099	204,407
TOTAL LIABILITIES AND EQUITY	$ 303,810	316,833
Treasury stock (in shares)	0.6
CARES Act
Current Liabilities
Current portion of long-term debt	$ 6,123	0
Long-term debt, net of current portion	$ 0	$ 6,123

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares issued (in shares)	24,400,000	24,800,000
Common stock, shares outstanding (in shares)	23,800,000	24,800,000
Treasury stock (in shares)	600,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
REVENUES
REVENUES	$ 68,849	$ 40,674	$ 123,434	$ 102,741
OPERATING COSTS AND EXPENSES
Cost of sales and processing (including depreciation and amortization of $4,082, $3,750, $8,137 and $7,486, respectively)	57,828	34,507	110,068	88,496
GROSS PROFIT	11,021	6,167	13,366	14,245
GENERAL AND ADMINISTRATIVE EXPENSES
General and administrative	7,673	6,289	15,005	12,963
Depreciation	226	212	452	428
General and Administrative Expense	7,899	6,501	15,457	13,391
OPERATING INCOME (LOSS)	3,122	(334)	(2,091)	854
OTHER INCOME (EXPENSE)
Interest expense	(297)	(735)	(599)	(1,651)
Miscellaneous income, net	133	68	243	6
OTHER INCOME (EXPENSE)	(164)	(667)	(356)	(1,645)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	2,958	(1,001)	(2,447)	(791)
INCOME TAX (EXPENSE) BENEFIT	(703)	(858)	298	4,795
INCOME (LOSS) FROM CONTINUING OPERATIONS	2,255	(1,859)	(2,149)	4,004
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX	0	(2)	0	4,855
NET INCOME (LOSS)	$ 2,255	$ (1,861)	$ (2,149)	$ 8,859
Basic Earnings (Loss) per Common Share
Net income (loss) from continuing operations (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.16
Net income from discontinued operations, net of tax (in dollars per share)	0	0	0	0.20
Net income (loss) (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.36
Basic weighted average number of common shares outstanding (in shares)	24,485	24,802	24,673	24,784
Diluted Earnings (Loss) per Common Share
Net income (loss) from continuing operations (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.16
Net income from discontinued operations, net of tax (in dollars per share)	0	0	0	0.19
Net income (loss) (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.35
Diluted weighted average number of common shares outstanding (in shares)	25,097	24,802	24,673	25,327
Product sales
REVENUES
REVENUES	$ 64,660	$ 36,707	$ 116,225	$ 93,890
Processing fees
REVENUES
REVENUES	$ 4,189	$ 3,967	$ 7,209	$ 8,851

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
OPERATING COSTS AND EXPENSES
Depreciation and amortization	$ 4,082	$ 3,750	$ 8,137	$ 7,486

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	Total	COMMON STOCK	ADDITIONAL PAID-IN CAPITAL	TREASURY STOCK	RETAINED EARNINGS	TOTAL	NON-CONTROLLING INTEREST
Balance (in shares) at Dec. 31, 2019		24,750
Balance at Dec. 31, 2019	$ 171,443	$ 2,475	$ 59,530	$ 0	$ 109,149	$ 171,154	$ 289
Restricted Stock Units
Issued to Directors	195		195			195
Issued to Employees	668		668			668
Common Stock
Issued to Directors (in shares)		28
Issued to Directors	0	$ 3	(3)
Issued to Employees (in shares)		39
Issued to Employees	0	$ 4	(4)
Net Income (Loss)	8,859				8,859	8,859
Balance (in shares) at Jun. 30, 2020		24,817
Balance at Jun. 30, 2020	181,165	$ 2,482	60,386	0	118,008	180,876	289
Balance (in shares) at Mar. 31, 2020		24,780
Balance at Mar. 31, 2020	182,516	$ 2,478	59,880	0	119,869	182,227	289
Restricted Stock Units
Issued to Directors	101		101			101
Issued to Employees	409		409			409
Common Stock
Issued to Directors (in shares)		28
Issued to Directors	0	$ 3	(3)			0
Issued to Employees (in shares)		9
Issued to Employees	0	$ 1	(1)			0
Net Income (Loss)	(1,861)				(1,861)	(1,861)
Balance (in shares) at Jun. 30, 2020		24,817
Balance at Jun. 30, 2020	$ 181,165	$ 2,482	60,386	0	118,008	180,876	289
Balance (in shares) at Dec. 31, 2020	24,800	24,833
Balance at Dec. 31, 2020	$ 204,407	$ 2,483	61,311	0	140,324	204,118	289
Restricted Stock Units
Issued to Directors	171		171			171
Issued to Employees	670		670			670
Common Stock
Issued to Directors (in shares)		68
Issued to Directors	0	$ 7	(7)
Issued to Employees (in shares)		72
Issued to Employees	0	$ 7	(7)
Stock Repurchases	(5,000)			(5,000)		(5,000)
Net Income (Loss)	$ (2,149)				(2,149)	(2,149)
Balance (in shares) at Jun. 30, 2021	23,800	24,973
Balance at Jun. 30, 2021	$ 198,099	$ 2,497	62,138	(5,000)	138,175	197,810	289
Balance (in shares) at Mar. 31, 2021		24,894
Balance at Mar. 31, 2021	199,699	$ 2,490	61,692	(692)	135,920	199,410	289
Restricted Stock Units
Issued to Directors	59		59			59
Issued to Employees	394		394			394
Common Stock
Issued to Directors (in shares)		71
Issued to Directors	0	$ 7	(7)			0
Issued to Employees (in shares)		8
Issued to Employees	0					0
Stock Repurchases	(4,308)			(4,308)		(4,308)
Net Income (Loss)	$ 2,255				2,255	2,255
Balance (in shares) at Jun. 30, 2021	23,800	24,973
Balance at Jun. 30, 2021	$ 198,099	$ 2,497	$ 62,138	$ (5,000)	$ 138,175	$ 197,810	$ 289

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
OPERATING ACTIVITIES
Net Income (Loss)	$ (2,149)	$ 8,859
Income from Discontinued Operations	0	4,855
Income (Loss) from Continuing Operations	(2,149)	4,004
Adjustments to Reconcile Income (Loss) from Continuing Operations To Net Cash Provided by Operating Activities:
Depreciation and Amortization	7,668	6,993
Amortization of Intangible Assets	921	921
Stock-based Compensation	1,123	933
Deferred Income Taxes	(276)	11,109
Postretirement Obligation	(13)	5
Amortization of Loan Fees	91	91
(Gain) Loss on Disposal of Assets	(292)	18
Changes in Operating Assets and Liabilities:
(Increase) Decrease in Trade Receivables	(8,909)	6,080
Decrease in Insurance Receivables	0	1,148
(Increase) Decrease in Taxes Receivable	2,502	(15,726)
(Increase) Decrease in Inventories	(2,695)	6,029
Decrease in Prepaid Expenses and Other Assets	4,101	536
Decrease in Accounts Payable and Accrued Liabilities	(2,428)	(1,765)
(Increase) Decrease in Other Liabilities	(141)	456
Net Cash (Used in) Provided by Operating Activities - Continuing Operations	(497)	20,831
Net Cash Used in Operating Activities - Discontinued Operations	0	(276)
Net Cash (Used in) Provided by Operating Activities	(497)	20,555
INVESTING ACTIVITIES
Additions to Property, Plant and Equipment	(8,664)	(7,851)
Proceeds from Sale of Property, Plant and Equipment	92	0
Net Cash Used in Investing Activities - Continuing Operations	(8,572)	(7,851)
Net Cash Provided by Investing Activities - Discontinued Operations	0	10,163
Net Cash Provided by (Used in) Investing Activities	(8,572)	2,312
FINANCING ACTIVITIES
Repurchase of Common Stock	(5,000)	0
Net Cash Paid Related to Stock-Based Compensation	(282)	(71)
Additions to CARES Act, PPP Loans	0	6,123
Additions to Long-Term Debt	0	20,000
Repayments of Long-Term Debt	(2,188)	(25,187)
Net Cash (Used in) Provided by Financing Activities - Continuing Operations	(7,470)	865
NET (DECREASE) INCREASE IN CASH	(16,539)	23,732
CASH AT BEGINNING OF PERIOD	55,664	6,145
CASH AT END OF PERIOD	39,125	29,877
Supplemental disclosure of cash flow information:
Cash payments for interest	470	1,560
Cash payments for taxes, net of refunds	(2,140)	0
Supplemental disclosure of non-cash items:
Capital expansion amortized to depreciation expense	193	521
Foreign taxes paid by AMAK	$ 1,054	$ 0

GENERAL

GENERAL	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	GENERAL Organization Trecora Resources (the “Company”) was incorporated in the State of Delaware in 1967. The Company's principal business activities are the manufacturing of various specialty petrochemical products, specialty waxes and providing custom processing services. The Company’s specialty petrochemicals operations are primarily conducted through its wholly-owned subsidiary, Texas Oil and Chemical Co. II, Inc. (“TOCCO”). TOCCO owns all of the capital stock of South Hampton Resources, Inc. (“SHR”) and Trecora Chemical, Inc. (“TC”). SHR owns all of the capital stock of Gulf State Pipe Line Company, Inc. (“GSPL”). SHR owns and operates a specialty petrochemicals product facility in Silsbee, Texas which manufactures high purity hydrocarbons used primarily in polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, Canadian tar sands, and in the catalyst support industry. TC owns and operates a facility located in Pasadena, Texas which manufactures specialty waxes and provides custom processing services. These specialty waxes are used in the production of coatings, hot melt adhesives and lubricants. GSPL owns and operates pipelines that connect the SHR facility to a natural gas line, to SHR’s truck and rail loading terminal and to a major petroleum pipeline owned by an unaffiliated third party. The Company owns approximately 55% of the capital stock of a Nevada mining company, Pioche Ely Valley Mines, Inc. (“PEVM”), which does not conduct any substantial business activity but owns undeveloped properties in the United States. The Company also previously owned 33% of a Saudi Arabian joint stock company, Al Masane Al Kobra Mining Company (“AMAK”). The final closing of the sale of our ownership interest in AMAK was completed on September 28, 2020. For more information, see Note 5. For convenience in this report, the terms “Company”, “our”, “us”, “we” or “TREC” may be used to refer to Trecora Resources and its subsidiaries. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and in conformity with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these unaudited financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and, therefore, should be read in conjunction with the financial statements and related notes contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2020. The unaudited condensed consolidated financial statements included in this document have been prepared on the same basis as the annual financial statements and in management's opinion reflect all adjustments, including normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the interim periods presented. We have made estimates and judgments affecting the amounts reported in this document. The actual results that we experience may differ materially from our estimates. In the opinion of management, the disclosures included in these financial statements are adequate to make the information presented not misleading. Operating results for the six months ended June 30, 2021 are not necessarily indicative of results for the year ending December 31, 2021. We currently operate in two segments, Specialty Petrochemicals and Specialty Waxes. All revenue originates from sources in the United States and all long-lived assets owned are located in the United States.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (ASU 2019-12), which simplifies the accounting for income taxes. This guidance was effective for us in the first quarter of 2021. The adoption of this guidance did not have a material impact on our consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted

TRADE RECEIVABLES

TRADE RECEIVABLES	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
TRADE RECEIVABLES	TRADE RECEIVABLES Trade receivables, net consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Trade receivables $ 34,510 $ 25,601 Less allowance for doubtful accounts (300) (300) Total trade receivables, net $ 34,210 $ 25,301 Trade receivables serve as collateral for our amended and restated credit agreement. See Note 11.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Raw material $ 2,713 $ 2,580 Work in process 181 138 Finished products 12,746 10,227 Total inventories $ 15,640 $ 12,945 Inventory serves as collateral for our amended and restated credit agreement. See Note 11. Inventory included Specialty Petrochemicals products in transit valued at approximately $3.8 million and $3.6 million at June 30, 2021 and December 31, 2020, respectively.

INVESTMENT IN AMAK AND DISCONTI

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS	INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS On September 28, 2020, the Company completed the final closing of the sale of its ownership interest in AMAK (the “Share Sale”) to AMAK and certain existing shareholders of AMAK and their assignees (collectively, the “Purchasers”). The Share Sale was completed in multiple closings pursuant to a Share Sale and Purchase Agreement, dated September 22, 2019 (which we refer to herein as the “Purchase Agreement”), among the Company, AMAK, and other Purchasers and resulted in aggregate gross proceeds to the Company of Saudi Riyals (“SAR”) 265 million (approximately $70 million) (before taxes and expenses). As a condition to the effectiveness of the Purchase Agreement, the Purchasers advanced 5% of the purchase price (or approximately $3.5 million) in the form of a non-refundable deposit. Pursuant to the Purchase Agreement, (i) with respect to any Purchaser that completed the purchase of all or a portion of the ordinary shares allotted to it under the Purchase Agreement on or before March 31, 2020, the non-refundable deposit paid by such Purchaser (or a portion of such deposit for a partial closing) was credited toward the purchase price of the ordinary shares being purchased and (ii) with respect to any Purchasers that completed the purchase of all or a portion of their allotted ordinary shares after March 31, 2020 but on or before September 28, 2020, an amount equal to 50% of the non-refundable deposit paid by such Purchasers was forfeited to the Company as liquidated damages and such amount was not applied to the purchase price paid by the applicable Purchaser. On March 26, 2020, the Company and one Purchaser completed the first closing of the Share Sale (the “First Closing”). In connection with the First Closing, the Company sold 4,000,000 ordinary shares for aggregate gross proceeds (before taxes and transaction expenses) of SAR 40 million (or approximately $10.7 million) (inclusive of the full amount of the Purchaser’s non-refundable deposit previously paid of $0.5 million). The Company recorded a foreign tax payable of approximately $0.3 million related to the First Closing. During the third quarter of 2020, the Company completed additional closings of the Share Sale with respect to its remaining ownership interest in AMAK. In connection with these closings, the Company sold a total of 22,467,422 ordinary shares for aggregate gross proceeds (before taxes and transaction expenses) of SAR 224 million (or approximately $59.9 million) (inclusive of $1.5 million which constituted 50% of the non-refundable deposits previously paid by certain Purchasers). As none of the third quarter 2020 closings were completed prior to March 31, 2020, the remaining portion of the initial deposits (approximately $1.5 million) were forfeited to the Company as liquidated damages and were not applied to the purchase price. These amounts are included in income from discontinued operations, net of tax. The Company recorded a foreign tax payable of approximately $1.1 million related to the third quarter 2020 closings. In connection with the completion of the Share Sale, the Company and AMAK entered into an agreement whereby AMAK agreed to withhold approximately $2.1 million of the purchase price to pay the Company’s estimated tax obligations in Saudi Arabia. The Company finalized the necessary tax returns in the Kingdom of Saudi Arabia and paid approximately $1.3 million in foreign taxes. All foreign taxes paid will create a foreign tax credit to offset U.S. taxes. The Company is currently in the process of obtaining the the remaining funds of approximately $0.8 million withheld by AMAK. These amounts are included in prepaid expenses and other assets on the Company's consolidated balance sheets as of June 30, 2021. As previously disclosed, and as a result of the Company’s investment in AMAK, the Company was required to execute a limited guarantee on October 24, 2010 (the “Guarantee”) of up to 41% of a loan (the “Loan”) by the Saudi Industrial Development Fund (“SIDF”) to AMAK to fund the construction of the AMAK facilities and to provide working capital needs. The provision of personal or corporate guarantees, as applicable, by each shareholder of AMAK was a condition to SIDF providing the Loan. Pursuant to the Purchase Agreement, the Purchasers (other than AMAK) agreed, upon the completion of the Share Sale, to assume the Company’s obligation under the Guarantee (proportionately based upon such Purchaser’s percentage acquisition of ordinary shares in the Share Sale). While a formal written release of the Company from the Guarantee was not obtained from SIDF prior to closing, the Company believes that the Purchasers’ assumption of the Company’s obligation under the Guarantee effectively eliminates the Company’s liability arising under the Guarantee. As the sale of the Company's interest in AMAK was completed as of September 28, 2020, there is no applicable 2021 financial information to present and it is thereby omitted for comparison purposes. Included in discontinued operations for 2020 are the following: Three Months Ended Six Months Ended (thousands of dollars) Saudi administration (income) expenses $ (97) $ (114) Equity in (earnings) losses of AMAK (306) 226 Gain on sale of equity interest — (6,663) Income from discontinued operations before taxes (403) (6,551) Tax expense 405 1,696 (Income) loss from discontinued operations, net of tax $ 2 $ (4,855) AMAK's financial statements were prepared in the functional currency of AMAK which is the SAR. In June 1986, the SAR was officially pegged to the U. S. Dollar at a fixed exchange rate of 1 USD to 3.75 SAR. The summarized results of operations and financial position for 2020 for AMAK are as follows: Results of Operations Three Months Ended Six Months Ended (thousands of dollars) Sales $ 20,752 $ 38,689 Cost of sales 17,829 34,650 Gross profit 2,923 4,039 Selling, general, and administrative 2,362 5,042 Operating income (loss) 561 (1,003) Other income — 17 Finance and interest expense (103) (634) Income (loss) before Zakat and income taxes 458 (1,620) Zakat and income tax (benefit) 566 1,099 Net Income (Loss) $ (108) $ (2,719) Financial Position December 31, 2020 (thousands of dollars) Current assets $ 29,799 Noncurrent assets 209,814 Total assets $ 239,613 Current liabilities $ 40,919 Long term liabilities 79,122 Stockholders' equity 119,572 $ 239,613 The equity in the earnings (losses) of AMAK included in income (loss) from discontinued operations, net of tax, on the condensed consolidated statements of operations for the three and six months ended June 30, 2020, is comprised of the following: Three Months Ended Six Months Ended (thousands of dollars) AMAK Net Loss (108) (2,719) Company's share of loss reported by AMAK* (429) (824) Amortization of difference between Company's investment in AMAK and Company's share of net assets of AMAK 337 674 Equity in losses of AMAK (92) (150) * Percentage of Ownership varies during the period. For additional information, see NOTE 6, “INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS” to the consolidated financial statements set forth in our Annual Report on Form 10–K for the year ended December 31, 2020.

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	6 Months Ended
	Jun. 30, 2021
Prepaid Expense and Other Assets, Current [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other assets consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Prepaid license $ — $ 403 Prepaid insurance premiums 1,355 4,241 Spare parts 2,366 2,376 Cash held in escrow by AMAK 823 1,877 Other prepaid expenses and assets 550 301 Total prepaid expenses and other assets $ 5,094 $ 9,198

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Platinum catalyst metal $ 1,553 $ 1,580 Catalyst 4,325 4,325 Land 5,428 5,428 Plant, pipeline and equipment 276,223 270,149 Construction in progress 9,041 6,422 Total property, plant and equipment $ 296,570 $ 287,904 Less accumulated depreciation (108,461) (100,800) Total property, plant and equipment, net $ 188,109 $ 187,104 Property, plant and equipment serve as collateral for our amended and restated credit agreement. See Note 11. Labor capitalized for construction was approximately $0.1 million and $0.1 million for the three months and $0.4 million and $0.1 million for the six months ended June 30, 2021 and 2020, respectively. Construction in progress during the first six months of 2021 included costs for rebuild and restoration of a distillation tower. Construction in progress during the first six months of 2020 included Advanced Reformer unit improvements and pipeline maintenance at SHR and equipment modifications at TC. Amortization relating to the catalyst, which is included in cost of sales, was approximately $0.2 million and $0.2 million for the three months and $0.5 million and $0.4 million for the six months ended June 30, 2021 and 2020, respectively.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
LEASES	LEASES The Company leases certain rail cars, rail equipment, office space and office equipment. The Company determines if a contract is a lease at the inception of the arrangement. The Company reviews all options to extend, terminate, or purchase its right-of-use assets at the inception of the lease and accounts for these options when they are reasonably certain of being exercised. Leases with an initial term of 12 months or less are not recorded on the condensed consolidated balance sheets. Lease expense for these leases is recognized on a straight-line basis over the lease term. The Company has no finance leases. The components of lease expense were as follows: ($ in thousands) Classification in the Condensed Consolidated Statements of Income Three Months Ended June 30, Six Months Ended 2021 2020 2021 2020 Operating lease cost (a) Cost of sales, exclusive of depreciation and amortization $ 1,059 $ 987 $ 2,108 $ 1,922 Operating lease cost (a) Selling, general and administrative 34 34 68 68 Total lease cost $ 1,093 $ 1,021 $ 2,176 $ 1,990 (a) Short-term lease costs were approximately $0.2 million and $0.1 million for the three months and $0.4 million and $0.1 million for the six months ended June 30, 2021 and 2020, respectively. The Company had no variable lease expense, as defined by ASC 842, during the periods. ($ in thousands) Classification on the Condensed Consolidated Balance Sheets June 30, 2021 December 31, 2020 Assets: Operating Operating lease assets $ 8,962 $ 10,528 Total lease right-of-use assets, net $ 8,962 $ 10,528 Liabilities: Current: Operating Current portion of operating lease liabilities $ 3,244 $ 3,195 Noncurrent: Operating Operating lease liabilities 5,718 7,333 Total lease liabilities $ 8,962 $ 10,528 Three Months Ended Six Months Ended ($ in thousands) 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 900 $ 933 $ 1,803 $ 1,881 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ — $ — $ 20 $ — June 30, 2021 June 30, 2020 Weighted-average remaining lease term (in years): Operating leases 3.3 4.1 Weighted-average discount rate: Operating leases 4.5 % 4.5 % Most of the Company’s lease contracts do not provide a readily determinable implicit rate. For these contracts, the Company’s estimated incremental borrowing rate is based on information available at the inception of the lease. As of June 30, 2021, maturities of lease liabilities were as follows: ($ in thousands) Operating Leases 2021 $ 1,791 2022 3,273 2023 2,380 2024 1,066 2025 995 Thereafter 119 Total lease payments $ 9,624 Less: Interest 662 Total lease obligations $ 8,962

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET	INTANGIBLE ASSETS, NET Intangible assets were recorded in relation to the acquisition of TC on October 1, 2014. The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class: June 30, 2021 Gross Accumulated Amortization Net (thousands of dollars) Customer relationships $ 16,852 $ (7,584) $ 9,268 Non-compete agreements 94 (94) — Licenses and permits 1,471 (760) 711 Developed technology 6,131 (4,138) 1,993 Total $ 24,548 $ (12,576) $ 11,972 December 31, 2020 Gross Accumulated Amortization Net (thousands of dollars) Customer relationships $ 16,852 $ (7,022) $ 9,830 Non-compete agreements 94 (94) — Licenses and permits 1,471 (707) 764 Developed technology 6,131 (3,832) 2,299 Total $ 24,548 $ (11,655) $ 12,893 Amortization expense for intangible assets included in cost of sales was approximately $0.5 million and $0.5 million for the three months and $0.9 million and $0.9 million for the six months ended June 30, 2021 and 2020, respectively. Based on identified intangible assets that are subject to amortization as of June 30, 2021, we expect future amortization expenses for each period to be as follows: Total Remainder of 2021 2022 2023 2024 2025 2026 Thereafter (thousands of dollars) Customer relationships $ 9,268 $ 561 $ 1,123 $ 1,123 1,123 1,123 1,123 $ 3,092 Licenses and permits 711 48 86 86 86 86 86 233 Developed technology 1,993 307 613 613 460 — — — Total future amortization expense $ 11,972 $ 916 $ 1,822 $ 1,822 $ 1,669 $ 1,209 $ 1,209 $ 3,325

ACCRUED LIABILITIES

ACCRUED LIABILITIES	6 Months Ended
	Jun. 30, 2021
Accrued Liabilities [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES Accrued liabilities consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) State taxes $ 107 $ 125 Property taxes 1,772 — Payroll 1,615 2,282 Royalties 526 260 Officer compensation 766 1,053 AMAK foreign taxes and transaction costs — 1,613 Other 2,602 1,524 Total accrued liabilities $ 7,388 $ 6,857

LIABILITIES AND LONG-TERM DEBT

LIABILITIES AND LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
LIABILITIES AND LONG-TERM DEBT	LIABILITIES AND LONG-TERM DEBT Senior Secured Credit Facilities As of June 30, 2021, the Company had no outstanding borrowings under the senior secured revolving credit facility (the “Revolving Facility”) and approximately $44.0 million in borrowings outstanding under the senior secured term loan facility (the “Term Loan Facility”) (and, together with the Revolving Facility, the “Credit Facilities”), in each case, under the Company's amended and restated credit agreement (as amended, the “ARC Agreement”). In addition, the Company had approximately $72 million of availability under our Revolving Facility at June 30, 2021. TOCCO’s ability to make additional borrowings under the Revolving Facility at June 30, 2021 was limited by, and in the future may be limited by, the Company's obligation to maintain compliance with the covenants contained in the ARC Agreement (including maintenance of a maximum Consolidated Leverage Ratio and minimum Consolidated Fixed Charge Coverage Ratio (each as defined in the ARC Agreement)). On May 3, 2021, TOCCO, SHR, GSPL and TC (SHR, GSPL and TC collectively, the "Guarantors") entered into an Eighth Amendment to Amended and Restated Credit Agreement (the “Eighth Amendment”) which amended the definition of Consolidated EBITDA for any Measurement Period (as defined in the ARC Agreement) (including any Measurement Period containing the quarter ended March 31, 2021) to allow for certain add backs not to exceed $5.0 million in the aggregate for the 2021 fiscal year related to charges, expenses and losses arising from or related to the prolonged period of sub-freezing temperatures and snow across the State of Texas and the region in February 2021 (the “Texas freeze event”). For each fiscal quarter after December 31, 2019, TOCCO must maintain a maximum Consolidated Leverage Ratio of 3.50 to 1.00 (subject to temporary increase following certain acquisitions). TOCCO's Consolidated Leverage Ratio was 1.34 and 1.62 as of June 30, 2021 and March 31, 2021, respectively. Additionally, TOCCO must maintain a minimum Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of 1.15 to 1.00. TOCCO's Consolidated Fixed Charge Coverage Ratio was 3.07 and 2.13 as of June 30, 2021 and December 31, 2020, respectively. The maturity date for the ARC Agreement is July 31, 2023. As of June 30, 2021, the year to date effective interest rate for the Credit Facilities was 1.87%. The ARC Agreement contains a number of customary affirmative and negative covenants and the Company was in compliance with those covenants as of June 30, 2021. For a summary of additional terms of the Credit Facilities, see NOTE 13, “LONG-TERM DEBT AND LONG-TERM OBLIGATIONS” to the consolidated financial statements set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2020. PPP Loans On May 6, 2020, SHR and TC (collectively, the “Borrowers”) received loan proceeds from loans (the “PPP Loans”) under the United States Small Business Administration Paycheck Protection Program in an aggregate principal amount of approximately $6.1 million. The PPP Loans are evidenced by unsecured promissory notes each payable to Bank of America, N.A. The Borrowers fully utilized the PPP Loans to cover payroll and benefits costs in accordance with the relevant terms and conditions of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The PPP Loans mature on May 6, 2022, and bear interest at a stated rate of 1.0% per annum. The Company filed a forgiveness application for SHR on June 30, 2021 and, subsequent to the end of the quarter, filed a forgiveness application for TC on July 26, 2021. The Company expects to receive full forgiveness of the PPP Loans in accordance with the provisions of the CARES Act. Debt Issuance Costs Debt issuance costs of approximately $0.9 million were incurred in connection with the fourth amendment to the ARC Agreement in July 2018. Unamortized debt issuance costs of approximately $0.4 million and $0.5 million for the periods ended June 30, 2021 and December 31, 2020, have been netted against outstanding loan balances. Long-term debt and long-term obligations are summarized as follows: June 30, 2021 December 31, 2020 (thousands of dollars) Revolving Facility $ — $ — Term Loan Facility 44,375 46,563 Loan fees (377) (468) Total long-term debt 43,998 46,095 Less current portion including loan fees 4,194 4,194 Total long-term debt, less current portion including loan fees $ 39,804 $ 41,901

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Litigation The Company is periodically named in legal actions arising from normal business activities. We evaluate the merits of these actions and, if we determine that an unfavorable outcome is probable and can be reasonably estimated, we will establish the necessary reserves. We are not currently involved in legal proceedings that could reasonably be expected to have a material adverse effect on our business, prospects, financial condition or results of operations. We may become involved in material legal proceedings in the future. Supplier Agreements In accordance with our supplier agreements, on a recurring monthly basis, the Company commits to purchasing a determined volume of feedstock in anticipation of upcoming requirements. Feedstock purchases are invoiced and recorded when they are delivered. As of June 30, 2021 and December 31, 2020, the value of the remaining undelivered feedstock approximated $17.0 million and $9.2 million, respectively. From time to time, we may incur shortfall fees due to feedstock purchases being below the minimum amounts prescribed by our agreements with our suppliers. Shortfall fee expenses were approximately $0.4 million and $0.6 million for the three months and $0.4 million and $1.0 million for the six months ended June 30, 2021 and 2020, respectively. Environmental Remediation Amounts charged to expense for various activities related to environmental monitoring, compliance, and improvements were approximately $0.3 million and $0.3 million for the three months and $0.6 million and $0.5 million for the six months ended June 30, 2021 and 2020, respectively.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITYIn March 2021, The Company’s Board of Directors authorized the repurchase of up to $20 million in common stock by March 2023 (the “Share Repurchase Program”). The share repurchases will be executed from time to time on the open market, through privately negotiated transactions or through broker-negotiated purchases, in compliance with applicable securities law. The timing and amount of any shares of the Company’s stock that are repurchased under the Share Repurchase Program will be determined by the Company’s management based on its evaluation of market conditions and other factors, including the Company’s stock price, although the Share Repurchase Program may be suspended or discontinued at any time. In connection with the Share Repurchase Program, the Company deposited funds with a broker to facilitate the repurchases. The Company repurchased 545,515 shares for approximately $4.3 million during the three months and 633,273 shares for approximately $5.0 million during the six months ended June 30, 2021, respectively.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATIONThe Stock Option Plan for Key Employees, as well as, the Non-Employee Director Stock Option Plan (hereinafter collectively referred to as the “Stock Option Plans”), were approved by the Company’s stockholders in July 2008. The Stock Option Plans allot for the issuance of up to 1,000,000 shares. The Trecora Resources Stock and Incentive Plan (the “Plan”) was approved by the Company’s stockholders in June 2012. As amended, the Plan allots for the issuance of up to 2.5 million shares in the form of stock options or restricted stock unit awards. The Company recognized stock-based compensation expense of approximately $0.6 million and $0.5 million for the three months and $1.1 million and $0.9 million for the six months ended June 30, 2021 and 2020, respectively. Stock Options and Warrant Awards Stock options and warrants granted under the provisions of the Stock Option Plans permit the purchase of our common stock at exercise prices equal to the closing price of Company common stock on the date the options were granted. The options have terms of 10 years and generally vest ratably over terms of 4 to 5 years. There were no stock options or warrant awards issued during the three or six months ended June 30, 2021 or 2020, respectively. A summary of the status of the Company’s stock option and warrant awards is as follows: Stock Options and Warrants Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Intrinsic Outstanding at January 1, 2021 487,000 10.87 Granted — — Exercised (20,000) 4.09 Forfeited — — Outstanding at June 30, 2021 467,000 11.16 2.4 $ — Expected to vest — $ — Exercisable at June 30, 2021 467,000 11.16 2.4 $ — The aggregate intrinsic value of options was calculated as the difference between the exercise price of the underlying awards and the quoted price of our common stock. At June 30, 2021, options to purchase approximately 0.1 million shares of common stock were in-the-money. Since no options were granted, the weighted average grant-date fair value per share of options granted during the three or six months ended June 30, 2021 and 2020, respectively, was zero. The Company has no non-vested outstanding options as of June 30, 2021. Restricted Stock Unit Awards Generally, restricted stock unit awards are granted annually to officers and directors of the Company under the provisions of the Plan. Restricted stock units are also granted ad hoc to attract or retain key personnel, and the terms and conditions under which these restricted stock units vest vary by award. The fair market value of restricted stock units granted is equal to the Company’s closing stock price on the date of grant. Restricted stock units granted generally vest ratably over 3 years. Certain awards also include vesting provisions based on performance metrics measured over a 3 year period. Upon vesting, the restricted stock units are settled by issuing one share of Company common stock per unit. A summary of the status of the Company's restricted stock units activity is as follows: Shares of Restricted Stock Units Weighted Average Grant Date Price per Share Outstanding at January 1, 2020 567,563 7.39 Granted 337,443 7.30 Forfeited (121,448) 7.98 Vested (172,114) 7.65 Outstanding at June 30, 2021 611,444 7.40 Expected to vest 611,444

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXESWe file an income tax return in the U.S. federal jurisdiction and a margin tax return in Texas. Previously, the Texas Comptroller selected the R&D credit calculations related to the 2014 and 2015 calendar years for audit. The state of Texas suspended examination of the 2014 and 2015 calendar years in order to perform a comprehensive review of audit procedures to provide consistency. During the fourth quarter of 2019, we received notice that Texas had completed review of its procedures and initiated additional requests for information which has been submitted for their review. In February 2020, we received notice from the Internal Revenue Service (“IRS”) regarding the IRS's selection of the Company for an income tax audit for the tax period ending December 31, 2017. The IRS concluded its audit without change. We do not expect any material changes related to the Texas audits. Our federal and Texas tax returns remain open for examination for the years 2016 through 2019. As of June 30, 2021 and December 31, 2020, respectively, we recognized no adjustments for uncertain tax positions or related interest and penalties. The effective tax rate varies from the federal statutory rate of 21%, primarily as a result of state tax expense, stock based compensation, foreign taxes and a research and development credit for the six months ended June 30, 2021 and 2020. We continue to maintain a valuation allowance against certain deferred tax assets, specifically for mining claims for PEVM, where realization is not certain. The CARES Act provided stimulus measures to companies impacted by the COVID-19 pandemic, which included the ability to defer payment for employer payroll taxes, utilize net operating loss (“NOL”) carrybacks, increased the limitation on the deductibility of interest expense, technical corrections to allow accelerated tax depreciation on qualified improvement property, as well as allowing qualified business to apply for loans and grants. We filed carryback claims allowed under these provisions and have collected all amounts, including interest. The remaining approximately $2.5 million related to our second and final NOL carryback claims, including approximately $0.1 million of interest income, was received in April 2021.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION We operate through business segments according to the nature and economic characteristics of our products as well as the manner in which the information is used internally by our key decision maker, who is our Chief Executive Officer. Segment data may include rounding differences. Our Specialty Petrochemicals segment includes SHR and GSPL. Our Specialty Waxes segment is TC. We also separately identify our corporate overhead which includes administrative activities such as legal, accounting, consulting, investor relations, officer and director compensation, corporate insurance, and other administrative costs. Three Months Ended June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 57,763 $ 6,897 $ — $ 64,660 Processing fees 1,527 2,662 — 4,189 Total revenues 59,290 9,559 — 68,849 Operating income (loss) before depreciation and amortization 9,741 1,321 (3,997) 7,065 Operating income (loss) 6,955 (198) (3,635) 3,122 Income (loss) from continuing operations before taxes 6,709 (184) (3,567) 2,958 Depreciation and amortization 2,787 1,518 3 4,308 Capital expenditures 3,692 191 — 3,883 Three Months Ended June 30, 2020 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 31,236 $ 5,471 $ — $ 36,707 Processing fees 1,159 2,808 — 3,967 Total revenues 32,395 8,279 — 40,674 Operating income (loss) before depreciation and amortization 4,974 854 (2,199) 3,629 Operating income (loss) 2,354 (485) (2,203) (334) Income (loss) from continuing operations before taxes 1,648 (445) (2,204) (1,001) Depreciation and amortization 2,621 1,338 3 3,962 Capital expenditures 5,382 285 — 5,667 Six Months Ended June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 102,421 $ 13,804 $ — $ 116,225 Processing fees 2,781 4,428 — 7,209 Total revenues 105,202 18,232 — 123,434 Operating income (loss) before depreciation and amortization 12,312 840 (7,020) 6,132 Operating income (loss) 6,724 (2,155) (6,660) (2,091) Income (loss) from continuing operations before taxes 6,412 (2,138) (6,721) (2,447) Depreciation and amortization 5,589 2,994 6 8,589 Capital expenditures 7,259 1,405 — 8,664 Six Months Ended June 30, 2020 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 81,622 $ 12,268 $ — $ 93,890 Processing fees 2,403 6,448 — 8,851 Total revenues 84,025 18,716 — 102,741 Operating income (loss) before depreciation and amortization 11,464 1,920 (4,615) 8,769 Operating income (loss) 6,226 (747) (4,625) 854 Income (loss) from continuing operations before taxes 4,590 (687) (4,694) (791) Depreciation and amortization 5,238 2,666 10 7,914 Capital expenditures 6,983 601 — 7,584 June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated (in thousands) Intangible assets, net — 11,972 — — 11,972 Total assets 295,425 81,622 119,877 (193,114) 303,810 December 31, 2020 Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated (in thousands) Intangible assets, net — 12,893 — — 12,893 Total assets 298,198 83,108 127,260 (191,733) 316,833

NET INCOME (LOSS) PER COMMON SH

NET INCOME (LOSS) PER COMMON SHARE	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
NET INCOME (LOSS) PER COMMON SHARE	NET INCOME (LOSS) PER COMMON SHARE The following tables set forth the computation of basic and diluted net income (loss) per share for the three and six months ended June 30, 2021 and 2020, respectively. Net Income (Loss) per Common Share - Continuing Operations Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from continuing operations $ 2,255 24,485 $ 0.09 $ (1,859) 24,802 $ (0.07) Unvested restricted stock units 612 — Diluted: Net income (loss) from continuing operations $ 2,255 25,097 $ 0.09 $ (1,859) 24,802 $ (0.07) Six Months Ended Six Months Ended Loss Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from continuing operations $ (2,149) 24,673 $ (0.09) $ 4,004 24,784 $ 0.16 Unvested restricted stock units — 543 Diluted: Net income (loss) from continuing operations $ (2,149) 24,673 $ (0.09) $ 4,004 25,327 $ 0.16 Net Income (Loss) per Common Share - Discontinued Operations Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from discontinued operations, net of tax $ — 24,485 $ — $ (2) 24,802 $ — Unvested restricted stock units 612 — Diluted: Net income (loss) from discontinued operations, net of tax $ — 25,097 $ — $ (2) 24,802 $ — Six Months Ended Six Months Ended Income Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income from discontinued operations, net of tax $ — 24,673 $ — $ 4,855 24,784 $ 0.20 Unvested restricted stock units — 543 Diluted: Net income from discontinued operations, net of tax $ — 24,673 $ — $ 4,855 25,327 $ 0.19 Net Income (Loss) per Common Share Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) $ 2,255 24,485 $ 0.09 $ (1,861) 24,802 $ (0.07) Unvested restricted stock units 612 — Diluted: Net income (loss) $ 2,255 25,097 $ 0.09 $ (1,861) 24,802 $ (0.07) Six Months Ended Six Months Ended Loss Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) $ (2,149) 24,673 $ (0.09) $ 8,859 24,784 $ 0.36 Unvested restricted stock units — 543 Diluted: Net income (loss) $ (2,149) 24,673 $ (0.09) $ 8,859 25,327 $ 0.35 At June 30, 2021 and 2020, 0.5 million and 0.5 million shares of common stock, respectively, were issuable upon the exercise of options and warrants.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONSIn November 2020, Company Director Adam C. Peakes joined Merichem Company as Executive Vice President and Chief Financial Officer. The Company incurred expenses of less than $0.1 million during the three and six months ended June 30, 2021 and 2020, respectively, for Merichem Company. At June 30, 2021 and December 31, 2020, we had outstanding liabilities payable to Merichem Company of less than $0.1 million and nil, respectively.

POST-RETIREMENT OBLIGATIONS

POST-RETIREMENT OBLIGATIONS	6 Months Ended
	Jun. 30, 2021
Retirement Benefits [Abstract]
POST-RETIREMENT OBLIGATIONS	POST-RETIREMENT OBLIGATIONS We currently have post-retirement obligations with two former executives. As of June 30, 2021 and December 31, 2020, approximately $0.3 million and $0.3 million, respectively, remained outstanding and was included in post-retirement obligations. For additional information, see NOTE 22, “POST-RETIREMENT OBLIGATIONS” to the consolidated financial statements set forth in our Annual Report on Form 10–K for the year ended December 31, 2020.

RECENT ACCOUNTING PRONOUNCEME_2

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and in conformity with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these unaudited financial statements do not include all of the information and footnotes required by GAAP for complete financial statements and, therefore, should be read in conjunction with the financial statements and related notes contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2020.
Use of Estimates	The unaudited condensed consolidated financial statements included in this document have been prepared on the same basis as the annual financial statements and in management's opinion reflect all adjustments, including normal recurring adjustments, necessary to present fairly the Company's financial position, results of operations and cash flows for the interim periods presented. We have made estimates and judgments affecting the amounts reported in this document. The actual results that we experience may differ materially from our estimates. In the opinion of management, the disclosures included in these financial statements are adequate to make the information presented not misleading.
Recently Adopted Accounting Pronouncements and Recent Accounting Pronouncements Not Yet Adopted	Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (ASU 2019-12), which simplifies the accounting for income taxes. This guidance was effective for us in the first quarter of 2021. The adoption of this guidance did not have a material impact on our consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted

TRADE RECEIVABLES (Tables)

TRADE RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Trade Receivables	Trade receivables, net consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Trade receivables $ 34,510 $ 25,601 Less allowance for doubtful accounts (300) (300) Total trade receivables, net $ 34,210 $ 25,301

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Raw material $ 2,713 $ 2,580 Work in process 181 138 Finished products 12,746 10,227 Total inventories $ 15,640 $ 12,945

INVESTMENT IN AMAK AND DISCON_2

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Disposal Groups, Including Discontinued Operations	Included in discontinued operations for 2020 are the following: Three Months Ended Six Months Ended (thousands of dollars) Saudi administration (income) expenses $ (97) $ (114) Equity in (earnings) losses of AMAK (306) 226 Gain on sale of equity interest — (6,663) Income from discontinued operations before taxes (403) (6,551) Tax expense 405 1,696 (Income) loss from discontinued operations, net of tax $ 2 $ (4,855)
Summarized Results of Operation and Financial Position for AMAK	The summarized results of operations and financial position for 2020 for AMAK are as follows: Results of Operations Three Months Ended Six Months Ended (thousands of dollars) Sales $ 20,752 $ 38,689 Cost of sales 17,829 34,650 Gross profit 2,923 4,039 Selling, general, and administrative 2,362 5,042 Operating income (loss) 561 (1,003) Other income — 17 Finance and interest expense (103) (634) Income (loss) before Zakat and income taxes 458 (1,620) Zakat and income tax (benefit) 566 1,099 Net Income (Loss) $ (108) $ (2,719) Financial Position December 31, 2020 (thousands of dollars) Current assets $ 29,799 Noncurrent assets 209,814 Total assets $ 239,613 Current liabilities $ 40,919 Long term liabilities 79,122 Stockholders' equity 119,572 $ 239,613
Summary of Operating Results and Financial Position for Equity Method Investments	The equity in the earnings (losses) of AMAK included in income (loss) from discontinued operations, net of tax, on the condensed consolidated statements of operations for the three and six months ended June 30, 2020, is comprised of the following: Three Months Ended Six Months Ended (thousands of dollars) AMAK Net Loss (108) (2,719) Company's share of loss reported by AMAK* (429) (824) Amortization of difference between Company's investment in AMAK and Company's share of net assets of AMAK 337 674 Equity in losses of AMAK (92) (150) * Percentage of Ownership varies during the period.

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2021
Prepaid Expense and Other Assets, Current [Abstract]
Schedule of Prepaid Expenses and Other Assets	Prepaid expenses and other assets consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Prepaid license $ — $ 403 Prepaid insurance premiums 1,355 4,241 Spare parts 2,366 2,376 Cash held in escrow by AMAK 823 1,877 Other prepaid expenses and assets 550 301 Total prepaid expenses and other assets $ 5,094 $ 9,198

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Plant, Pipeline and Equipment	Property, plant and equipment consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) Platinum catalyst metal $ 1,553 $ 1,580 Catalyst 4,325 4,325 Land 5,428 5,428 Plant, pipeline and equipment 276,223 270,149 Construction in progress 9,041 6,422 Total property, plant and equipment $ 296,570 $ 287,904 Less accumulated depreciation (108,461) (100,800) Total property, plant and equipment, net $ 188,109 $ 187,104

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Lease Cost	The components of lease expense were as follows: ($ in thousands) Classification in the Condensed Consolidated Statements of Income Three Months Ended June 30, Six Months Ended 2021 2020 2021 2020 Operating lease cost (a) Cost of sales, exclusive of depreciation and amortization $ 1,059 $ 987 $ 2,108 $ 1,922 Operating lease cost (a) Selling, general and administrative 34 34 68 68 Total lease cost $ 1,093 $ 1,021 $ 2,176 $ 1,990 (a) Short-term lease costs were approximately $0.2 million and $0.1 million for the three months and $0.4 million and $0.1 million for the six months ended June 30, 2021 and 2020, respectively. Three Months Ended Six Months Ended ($ in thousands) 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 900 $ 933 $ 1,803 $ 1,881 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ — $ — $ 20 $ — June 30, 2021 June 30, 2020 Weighted-average remaining lease term (in years): Operating leases 3.3 4.1 Weighted-average discount rate: Operating leases 4.5 % 4.5 %
Schedule of Lease Assets and Liabilities	($ in thousands) Classification on the Condensed Consolidated Balance Sheets June 30, 2021 December 31, 2020 Assets: Operating Operating lease assets $ 8,962 $ 10,528 Total lease right-of-use assets, net $ 8,962 $ 10,528 Liabilities: Current: Operating Current portion of operating lease liabilities $ 3,244 $ 3,195 Noncurrent: Operating Operating lease liabilities 5,718 7,333 Total lease liabilities $ 8,962 $ 10,528
Operating Lease Maturities	As of June 30, 2021, maturities of lease liabilities were as follows: ($ in thousands) Operating Leases 2021 $ 1,791 2022 3,273 2023 2,380 2024 1,066 2025 995 Thereafter 119 Total lease payments $ 9,624 Less: Interest 662 Total lease obligations $ 8,962

INTANGIBLE ASSETS, NET (Tables)

INTANGIBLE ASSETS, NET (Tables)	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Intangible Assets by Major Class	The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class: June 30, 2021 Gross Accumulated Amortization Net (thousands of dollars) Customer relationships $ 16,852 $ (7,584) $ 9,268 Non-compete agreements 94 (94) — Licenses and permits 1,471 (760) 711 Developed technology 6,131 (4,138) 1,993 Total $ 24,548 $ (12,576) $ 11,972 December 31, 2020 Gross Accumulated Amortization Net (thousands of dollars) Customer relationships $ 16,852 $ (7,022) $ 9,830 Non-compete agreements 94 (94) — Licenses and permits 1,471 (707) 764 Developed technology 6,131 (3,832) 2,299 Total $ 24,548 $ (11,655) $ 12,893
Estimated Amortization Expenses for Succeeding Five Fiscal Years	Based on identified intangible assets that are subject to amortization as of June 30, 2021, we expect future amortization expenses for each period to be as follows: Total Remainder of 2021 2022 2023 2024 2025 2026 Thereafter (thousands of dollars) Customer relationships $ 9,268 $ 561 $ 1,123 $ 1,123 1,123 1,123 1,123 $ 3,092 Licenses and permits 711 48 86 86 86 86 86 233 Developed technology 1,993 307 613 613 460 — — — Total future amortization expense $ 11,972 $ 916 $ 1,822 $ 1,822 $ 1,669 $ 1,209 $ 1,209 $ 3,325

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2021
Accrued Liabilities [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following: June 30, 2021 December 31, 2020 (thousands of dollars) State taxes $ 107 $ 125 Property taxes 1,772 — Payroll 1,615 2,282 Royalties 526 260 Officer compensation 766 1,053 AMAK foreign taxes and transaction costs — 1,613 Other 2,602 1,524 Total accrued liabilities $ 7,388 $ 6,857

LIABILITIES AND LONG-TERM DEBT

LIABILITIES AND LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt and long-term obligations are summarized as follows: June 30, 2021 December 31, 2020 (thousands of dollars) Revolving Facility $ — $ — Term Loan Facility 44,375 46,563 Loan fees (377) (468) Total long-term debt 43,998 46,095 Less current portion including loan fees 4,194 4,194 Total long-term debt, less current portion including loan fees $ 39,804 $ 41,901

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Summary of Status of Stock Option Awards and Warrants	A summary of the status of the Company’s stock option and warrant awards is as follows: Stock Options and Warrants Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Intrinsic Outstanding at January 1, 2021 487,000 10.87 Granted — — Exercised (20,000) 4.09 Forfeited — — Outstanding at June 30, 2021 467,000 11.16 2.4 $ — Expected to vest — $ — Exercisable at June 30, 2021 467,000 11.16 2.4 $ —
Restricted Stock Units Activity	A summary of the status of the Company's restricted stock units activity is as follows: Shares of Restricted Stock Units Weighted Average Grant Date Price per Share Outstanding at January 1, 2020 567,563 7.39 Granted 337,443 7.30 Forfeited (121,448) 7.98 Vested (172,114) 7.65 Outstanding at June 30, 2021 611,444 7.40 Expected to vest 611,444

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Summary of Segment Information	Three Months Ended June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 57,763 $ 6,897 $ — $ 64,660 Processing fees 1,527 2,662 — 4,189 Total revenues 59,290 9,559 — 68,849 Operating income (loss) before depreciation and amortization 9,741 1,321 (3,997) 7,065 Operating income (loss) 6,955 (198) (3,635) 3,122 Income (loss) from continuing operations before taxes 6,709 (184) (3,567) 2,958 Depreciation and amortization 2,787 1,518 3 4,308 Capital expenditures 3,692 191 — 3,883 Three Months Ended June 30, 2020 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 31,236 $ 5,471 $ — $ 36,707 Processing fees 1,159 2,808 — 3,967 Total revenues 32,395 8,279 — 40,674 Operating income (loss) before depreciation and amortization 4,974 854 (2,199) 3,629 Operating income (loss) 2,354 (485) (2,203) (334) Income (loss) from continuing operations before taxes 1,648 (445) (2,204) (1,001) Depreciation and amortization 2,621 1,338 3 3,962 Capital expenditures 5,382 285 — 5,667 Six Months Ended June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 102,421 $ 13,804 $ — $ 116,225 Processing fees 2,781 4,428 — 7,209 Total revenues 105,202 18,232 — 123,434 Operating income (loss) before depreciation and amortization 12,312 840 (7,020) 6,132 Operating income (loss) 6,724 (2,155) (6,660) (2,091) Income (loss) from continuing operations before taxes 6,412 (2,138) (6,721) (2,447) Depreciation and amortization 5,589 2,994 6 8,589 Capital expenditures 7,259 1,405 — 8,664 Six Months Ended June 30, 2020 Specialty Petrochemicals Specialty Waxes Corporate Consolidated (in thousands) Product sales $ 81,622 $ 12,268 $ — $ 93,890 Processing fees 2,403 6,448 — 8,851 Total revenues 84,025 18,716 — 102,741 Operating income (loss) before depreciation and amortization 11,464 1,920 (4,615) 8,769 Operating income (loss) 6,226 (747) (4,625) 854 Income (loss) from continuing operations before taxes 4,590 (687) (4,694) (791) Depreciation and amortization 5,238 2,666 10 7,914 Capital expenditures 6,983 601 — 7,584 June 30, 2021 Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated (in thousands) Intangible assets, net — 11,972 — — 11,972 Total assets 295,425 81,622 119,877 (193,114) 303,810 December 31, 2020 Specialty Petrochemicals Specialty Waxes Corporate Eliminations Consolidated (in thousands) Intangible assets, net — 12,893 — — 12,893 Total assets 298,198 83,108 127,260 (191,733) 316,833

NET INCOME (LOSS) PER COMMON _2

NET INCOME (LOSS) PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share	The following tables set forth the computation of basic and diluted net income (loss) per share for the three and six months ended June 30, 2021 and 2020, respectively. Net Income (Loss) per Common Share - Continuing Operations Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from continuing operations $ 2,255 24,485 $ 0.09 $ (1,859) 24,802 $ (0.07) Unvested restricted stock units 612 — Diluted: Net income (loss) from continuing operations $ 2,255 25,097 $ 0.09 $ (1,859) 24,802 $ (0.07) Six Months Ended Six Months Ended Loss Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from continuing operations $ (2,149) 24,673 $ (0.09) $ 4,004 24,784 $ 0.16 Unvested restricted stock units — 543 Diluted: Net income (loss) from continuing operations $ (2,149) 24,673 $ (0.09) $ 4,004 25,327 $ 0.16 Net Income (Loss) per Common Share - Discontinued Operations Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) from discontinued operations, net of tax $ — 24,485 $ — $ (2) 24,802 $ — Unvested restricted stock units 612 — Diluted: Net income (loss) from discontinued operations, net of tax $ — 25,097 $ — $ (2) 24,802 $ — Six Months Ended Six Months Ended Income Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income from discontinued operations, net of tax $ — 24,673 $ — $ 4,855 24,784 $ 0.20 Unvested restricted stock units — 543 Diluted: Net income from discontinued operations, net of tax $ — 24,673 $ — $ 4,855 25,327 $ 0.19 Net Income (Loss) per Common Share Three Months Ended Three Months Ended Income Shares Per Share Loss Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) $ 2,255 24,485 $ 0.09 $ (1,861) 24,802 $ (0.07) Unvested restricted stock units 612 — Diluted: Net income (loss) $ 2,255 25,097 $ 0.09 $ (1,861) 24,802 $ (0.07) Six Months Ended Six Months Ended Loss Shares Per Share Income Shares Per Share (in thousands, except per share amounts) Basic: Net income (loss) $ (2,149) 24,673 $ (0.09) $ 8,859 24,784 $ 0.36 Unvested restricted stock units — 543 Diluted: Net income (loss) $ (2,149) 24,673 $ (0.09) $ 8,859 25,327 $ 0.35

GENERAL (Details)

GENERAL (Details)	6 Months Ended
	Jun. 30, 2021segment
Noncontrolling Interest [Line Items]
Number of operating segments	2
PEVM
Noncontrolling Interest [Line Items]
Percentage of ownership	55.00%
AMAK
Noncontrolling Interest [Line Items]
Percentage of ownership	33.00%

TRADE RECEIVABLES (Details)

TRADE RECEIVABLES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Receivables [Abstract]
Trade receivables	$ 34,510	$ 25,601
Less allowance for doubtful accounts	(300)	(300)
Total trade receivables, net	$ 34,210	$ 25,301

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw material	$ 2,713	$ 2,580
Work in process	181	138
Finished products	12,746	10,227
Total inventories	15,640	12,945
Products in transit	$ 3,800	$ 3,600

INVESTMENT IN AMAK AND DISCON_3

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS - Additional Information (Details) ر.س in Millions, $ in Millions	Mar. 26, 2020SAR (ر.س)	Mar. 26, 2020USD ($)shares	Sep. 22, 2019SAR (ر.س)	Sep. 22, 2019USD ($)	Sep. 30, 2020SAR (ر.س)	Sep. 30, 2020USD ($)shares	Jun. 30, 2021USD ($)ر.س / $	Sep. 28, 2020
Schedule of Equity Method Investments [Line Items]
Percentage of non-refundable deposit forfeited prior to long stop date						50.00%
Equity method investment, shares sold (in shares) | shares						22,467,422
Proceeds from sales deposit of equity method investments		$ 0.5
Income taxes payable						$ 1.1
Deposits forfeited						1.5
Purchase price held by purchaser for tax obligations							$ 2.1
Saudi Industrial Development Fund Limited Guarantee
Schedule of Equity Method Investments [Line Items]
Loan guarantee							41.00%
AMAK foreign taxes and transaction costs
Schedule of Equity Method Investments [Line Items]
Income taxes payable		0.3
AMAK
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of investment	ر.س 40	$ 10.7	ر.س 265	$ 70	ر.س 224	$ 59.9
Non-refundable deposit of amount sold, percentage							5.00%
Non-refundable deposit of amount sold							$ 3.5
Percentage of non-refundable deposit forfeited prior to long stop date								50.00%
Equity method investment, shares sold (in shares) | shares		4,000,000
Prepaid expense							$ 0.8
Foreign currency exchange rate | ر.س / $							3.75
AMAK | AMAK foreign taxes and transaction costs
Schedule of Equity Method Investments [Line Items]
Foreign income tax expense							$ 1.3

INVESTMENT IN AMAK AND DISCON_4

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS - Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Income) loss from discontinued operations, net of tax	$ 0	$ 2	$ 0	$ (4,855)
Investment In Al Masane Al Kobra Mining Company (AMAK) | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Saudi administration (income) expenses		(97)		(114)
Equity in (earnings) losses of AMAK		(306)		226
Gain on sale of equity interest		0		(6,663)
Income from discontinued operations before taxes		(403)		(6,551)
Tax expense		405		1,696
(Income) loss from discontinued operations, net of tax		$ 2		$ (4,855)

INVESTMENT IN AMAK AND DISCON_5

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS - Summary of Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Schedule of Equity Method Investments [Line Items]
Sales	$ 68,849	$ 40,674	$ 123,434	$ 102,741
Cost of sales	57,828	34,507	110,068	88,496
Gross profit	11,021	6,167	13,366	14,245
OPERATING INCOME (LOSS)	3,122	(334)	(2,091)	854
Other income	(164)	(667)	(356)	(1,645)
Zakat and income tax (benefit)	703	858	(298)	(4,795)
NET INCOME (LOSS)	$ 2,255	(1,861)	$ (2,149)	8,859
AMAK
Schedule of Equity Method Investments [Line Items]
Sales		20,752		38,689
Cost of sales		17,829		34,650
Gross profit		2,923		4,039
Selling, general, and administrative		2,362		5,042
OPERATING INCOME (LOSS)		561		(1,003)
Other income		0		17
Finance and interest expense		(103)		(634)
Income (loss) before Zakat and income taxes		458		(1,620)
Zakat and income tax (benefit)		566		1,099
NET INCOME (LOSS)		$ (108)		$ (2,719)

INVESTMENT IN AMAK AND DISCON_6

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS - Summary of Financial Position (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Current assets	$ 94,355		$ 105,896
TOTAL ASSETS	303,810		316,833
Current liabilities	33,006		29,584
Stockholders' equity	198,099	$ 199,699	204,407	$ 181,165	$ 182,516	$ 171,443
TOTAL LIABILITIES AND EQUITY	$ 303,810		316,833
AMAK
Schedule of Equity Method Investments [Line Items]
Current assets			29,799
Noncurrent assets			209,814
TOTAL ASSETS			239,613
Current liabilities			40,919
Long term liabilities			79,122
Stockholders' equity			119,572
TOTAL LIABILITIES AND EQUITY			$ 239,613

INVESTMENT IN AMAK AND DISCON_7

INVESTMENT IN AMAK AND DISCONTINUED OPERATIONS - Equity in the Income or Loss of Equity Method Investment (Details) - AMAK - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Schedule of Equity Method Investments [Line Items]
AMAK Net Loss	$ (108)	$ (2,719)
Company's share of loss reported by AMAK	(429)	(824)
Amortization of difference between Company's investment in AMAK and Company's share of net assets of AMAK	337	674
Equity in losses of AMAK	$ (92)	$ (150)

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid license	$ 0	$ 403
Prepaid insurance premiums	1,355	4,241
Spare parts	2,366	2,376
Cash held in escrow by AMAK	823	1,877
Other prepaid expenses and assets	550	301
Total prepaid expenses and other assets	$ 5,094	$ 9,198

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 296,570		$ 296,570		$ 287,904
Less accumulated depreciation	(108,461)		(108,461)		(100,800)
Total property, plant and equipment, net	188,109		188,109		187,104
Capitalized labor costs	100	$ 100	400	$ 100
Amortization relating to the platinum catalyst	200	$ 200	500	$ 400
Platinum catalyst metal
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	1,553		1,553		1,580
Catalyst
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	4,325		4,325		4,325
Land
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	5,428		5,428		5,428
Plant, pipeline and equipment
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	276,223		276,223		270,149
Construction in progress
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 9,041		$ 9,041		$ 6,422

LEASES - Components of Lease Ex

LEASES - Components of Lease Expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Total lease cost	$ 1,093,000	$ 1,021,000	$ 2,176,000	$ 1,990,000
Short-term lease costs	200,000	100,000	400,000	100,000
Variable lease costs			0
Cost of sales, exclusive of depreciation and amortization
Lessee, Lease, Description [Line Items]
Total operating lease cost	1,059,000	987,000	2,108,000	1,922,000
Selling, general and administrative
Lessee, Lease, Description [Line Items]
Total operating lease cost	$ 34,000	$ 34,000	$ 68,000	$ 68,000

LEASES - Balance Sheet Classifi

LEASES - Balance Sheet Classifications (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease assets	$ 8,962	$ 10,528
Current portion of operating lease liabilities	3,244	3,195
Operating lease liabilities	5,718	7,333
Total lease liabilities	$ 8,962	$ 10,528

LEASES - Cash Flow Classificati

LEASES - Cash Flow Classifications (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Operating cash flows used for operating leases	$ 900	$ 933	$ 1,803	$ 1,881
Right-of-use assets obtained in exchange for lease obligations:	$ 0	$ 0	$ 20	$ 0

LEASES - Terms and Discount Rat

LEASES - Terms and Discount Rates (Details)	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Weighted-average remaining lease term, operating leases	3 years 3 months 18 days	4 years 1 month 6 days
Weighted-average discount rate, operating leases	4.50%	4.50%

LEASES - Maturities (Details)

LEASES - Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Operating Leases
2021	$ 1,791
2022	3,273
2023	2,380
2024	1,066
2025	995
Thereafter	119
Total lease payments	9,624
Less: Interest	662
Total lease obligations	$ 8,962	$ 10,528

INTANGIBLE ASSETS, NET - Intang

INTANGIBLE ASSETS, NET - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross	$ 24,548		$ 24,548		$ 24,548
Accumulated Amortization	(12,576)		(12,576)		(11,655)
Total	11,972		11,972		12,893
Amortization of intangible assets	500	$ 500	921	$ 921
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	16,852		16,852		16,852
Accumulated Amortization	(7,584)		(7,584)		(7,022)
Total	9,268		9,268		9,830
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross	94		94		94
Accumulated Amortization	(94)		(94)		(94)
Total	0		0		0
Licenses and permits
Finite-Lived Intangible Assets [Line Items]
Gross	1,471		1,471		1,471
Accumulated Amortization	(760)		(760)		(707)
Total	711		711		764
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross	6,131		6,131		6,131
Accumulated Amortization	(4,138)		(4,138)		(3,832)
Total	$ 1,993		$ 1,993		$ 2,299

INTANGIBLE ASSETS, NET - Expect

INTANGIBLE ASSETS, NET - Expected Future Amortization Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Total	$ 11,972	$ 12,893
Remainder of 2021	916
2022	1,822
2023	1,822
2024	1,669
2025	1,209
2026	1,209
Thereafter	3,325
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Total	9,268	9,830
Remainder of 2021	561
2022	1,123
2023	1,123
2024	1,123
2025	1,123
2026	1,123
Thereafter	3,092
Licenses and permits
Finite-Lived Intangible Assets [Line Items]
Total	711	764
Remainder of 2021	48
2022	86
2023	86
2024	86
2025	86
2026	86
Thereafter	233
Developed technology
Finite-Lived Intangible Assets [Line Items]
Total	1,993	$ 2,299
Remainder of 2021	307
2022	613
2023	613
2024	460
2025	0
2026	0
Thereafter	$ 0

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Derivative [Line Items]
Property taxes	$ 1,772	$ 0
Payroll	1,615	2,282
Royalties	526	260
Officer compensation	766	1,053
Other	2,602	1,524
Total accrued liabilities	7,388	6,857
State taxes
Derivative [Line Items]
Taxes payable	107	125
AMAK foreign taxes and transaction costs
Derivative [Line Items]
Taxes payable	$ 0	$ 1,613

LIABILITIES AND LONG-TERM DEB_2

LIABILITIES AND LONG-TERM DEBT - Additional Information (Details)	May 06, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)	May 03, 2021USD ($)	Mar. 31, 2021
Line of Credit Facility [Line Items]
Proceeds from PPP loans		$ 0	$ 6,123,000
Debt issuance costs		377,000		$ 468,000
ARC Agreement
Line of Credit Facility [Line Items]
Debt Instrument, Maximum Add-Backs					$ 5,000,000
Debt issuance costs		$ 900,000
ARC Agreement | TOCCO
Line of Credit Facility [Line Items]
Consolidated leverage ratio, minimum required		3.50
Consolidated leverage ratio		1.34				1.62
Consolidated fixed charge coverage ratio, minimum required		1.15
Consolidated fixed charge coverage ratio		3.07		2.13
PPP Loans | CARES Act
Line of Credit Facility [Line Items]
Proceeds from PPP loans	$ 6,100,000
Borrowing rate (percentage)	1.00%
Revolving Facility
Line of Credit Facility [Line Items]
Long-term debt		$ 0		$ 0
Revolving Facility | ARC Agreement
Line of Credit Facility [Line Items]
Available remaining borrowing capacity		$ 72,000,000
Effective interest rate (percentage)		1.87%
Term Loan
Line of Credit Facility [Line Items]
Long-term debt		$ 44,000,000

LIABILITIES AND LONG-TERM DEB_3

LIABILITIES AND LONG-TERM DEBT - Schedule of Carrying Amounts of and Issuance Costs of Debt (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Line of Credit Facility [Line Items]
Loan fees	$ (377,000)	$ (468,000)
Total long-term debt	43,998,000	46,095,000
Less current portion including loan fees	4,194,000	4,194,000
Total long-term debt, less current portion including loan fees	39,804,000	41,901,000
Term Loan Facility
Line of Credit Facility [Line Items]
Total debt, gross	44,375,000	46,563,000
Revolving Facility
Line of Credit Facility [Line Items]
Total debt, gross	$ 0	$ 0

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Undelivered feedstock	$ 17		$ 17		$ 9.2
Shortfall fee expenses	0.4	$ 0.6	0.4	$ 1
Expenses for environmental monitoring, compliance, and improvements	$ 0.3	$ 0.3	$ 0.6	$ 0.5

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Equity [Abstract]
Authorized amount			$ 20,000,000
Stock repurchased during period, shares (in shares)	545,515	633,273
Stock repurchased during period, value	$ 4,308,000	$ 5,000,000

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jul. 31, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 600	$ 500	$ 1,123	$ 933
Restricted Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years
Stock Option Plan for Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares)					1,000,000
Stock Option Plan for Key Employees | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation, term of award			10 years
Options granted (in shares)	0	0	0	0
Options, weighted average grant-date fair value (in dollars per share)	$ 0	$ 0	$ 0	$ 0
Stock Option Plan for Key Employees | Stock Options | Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, in-the-money (in shares)	100,000		100,000
Stock Option Plan for Key Employees | Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Stock Option Plan for Key Employees | Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			5 years
Stock Option Plan for Key Employees | Stock Options and Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	0		0
Awards granted during period (in shares)		0		0
Trecora Resources Stock and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares)	2,500,000		2,500,000
Trecora Resources Stock and Incentive Plan | Restricted Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years

STOCK-BASED COMPENSATION - Stoc

STOCK-BASED COMPENSATION - Stock Option and Warrant Awards (Details) - Stock Option Plan for Key Employees - Stock Options and Warrants $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares
Stock Options and Warrants
Outstanding at beginning of period (in shares)		487,000
Granted (in shares)	0	0
Exercised (in shares)		(20,000)
Forfeited (in shares)		0
Outstanding at end of period (in shares)	467,000	467,000
Expected to vest (in shares)	0	0
Exercisable, end of period (in shares)	467,000	467,000
Weighted Average Exercise Price Per Share
Outstanding at beginning of period (in dollars per share) | $ / shares		$ 10.87
Granted (in dollars per share) | $ / shares		0
Exercised (in dollars per share) | $ / shares		4.09
Forfeited (in dollars per share) | $ / shares		0
Outstanding at end of period (in dollars per share) | $ / shares	$ 11.16	11.16
Exercisable, end of period (in dollars per share) | $ / shares	$ 11.16	$ 11.16
Weighted Average Remaining Contractual Life
Outstanding, weighted average remaining contractual life		2 years 4 months 24 days
Exercisable, weighted average remaining contractual life		2 years 4 months 24 days
Intrinsic Value
Outstanding, Intrinsic Value | $	$ 0	$ 0
Expected to vest, Intrinsic Value | $	0	0
Exercisable, Intrinsic Value | $	$ 0	$ 0

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted Stock Unit Activity (Details) - Restricted Stock Unit Awards	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Shares of Restricted Stock Units
Outstanding at beginning of period (in shares)	567,563
Granted (in shares)	337,443
Forfeited (in shares)	(121,448)
Vested (in shares)	(172,114)
Outstanding at end of period (in shares)	611,444
Expected to vest (in shares)	611,444
Weighted Average Grant Date Price per Share
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 7.39
Granted (in dollars per share) | $ / shares	7.30
Forfeited (in dollars per share) | $ / shares	7.98
Vested (in dollars per share) | $ / shares	7.65
Outstanding at end of period (in dollars per share) | $ / shares	$ 7.40

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Details) $ in Millions	1 Months Ended
	Apr. 30, 2021USD ($)
Income Tax Disclosure [Abstract]
The CAREs Act, provisional income tax benefit	$ 2.5
The CAREs Act, interest income	$ 0.1

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total revenues	$ 68,849	$ 40,674	$ 123,434	$ 102,741
Operating income (loss) before depreciation and amortization	7,065	3,629	6,132	8,769
Operating income (loss)	3,122	(334)	(2,091)	854
Income (loss) from continuing operations before taxes	2,958	(1,001)	(2,447)	(791)
Depreciation and amortization	4,308	3,962	8,589	7,914
Capital expenditures	3,883	5,667	8,664	7,584
Intangible assets, net	11,972		11,972		$ 12,893
Total assets	303,810		303,810		316,833
Product sales
Segment Reporting Information [Line Items]
Total revenues	64,660	36,707	116,225	93,890
Processing fees
Segment Reporting Information [Line Items]
Total revenues	4,189	3,967	7,209	8,851
Operating Segments | Specialty Petrochemicals
Segment Reporting Information [Line Items]
Total revenues	59,290	32,395	105,202	84,025
Operating income (loss) before depreciation and amortization	9,741	4,974	12,312	11,464
Operating income (loss)	6,955	2,354	6,724	6,226
Income (loss) from continuing operations before taxes	6,709	1,648	6,412	4,590
Depreciation and amortization	2,787	2,621	5,589	5,238
Capital expenditures	3,692	5,382	7,259	6,983
Intangible assets, net	0		0		0
Total assets	295,425		295,425		298,198
Operating Segments | Specialty Petrochemicals | Product sales
Segment Reporting Information [Line Items]
Total revenues	57,763	31,236	102,421	81,622
Operating Segments | Specialty Petrochemicals | Processing fees
Segment Reporting Information [Line Items]
Total revenues	1,527	1,159	2,781	2,403
Operating Segments | Specialty Waxes
Segment Reporting Information [Line Items]
Total revenues	9,559	8,279	18,232	18,716
Operating income (loss) before depreciation and amortization	1,321	854	840	1,920
Operating income (loss)	(198)	(485)	(2,155)	(747)
Income (loss) from continuing operations before taxes	(184)	(445)	(2,138)	(687)
Depreciation and amortization	1,518	1,338	2,994	2,666
Capital expenditures	191	285	1,405	601
Intangible assets, net	11,972		11,972		12,893
Total assets	81,622		81,622		83,108
Operating Segments | Specialty Waxes | Product sales
Segment Reporting Information [Line Items]
Total revenues	6,897	5,471	13,804	12,268
Operating Segments | Specialty Waxes | Processing fees
Segment Reporting Information [Line Items]
Total revenues	2,662	2,808	4,428	6,448
Corporate
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Operating income (loss) before depreciation and amortization	(3,997)	(2,199)	(7,020)	(4,615)
Operating income (loss)	(3,635)	(2,203)	(6,660)	(4,625)
Income (loss) from continuing operations before taxes	(3,567)	(2,204)	(6,721)	(4,694)
Depreciation and amortization	3	3	6	10
Capital expenditures	0	0	0	0
Intangible assets, net	0		0		0
Total assets	119,877		119,877		127,260
Corporate | Product sales
Segment Reporting Information [Line Items]
Total revenues	0	0	0	0
Corporate | Processing fees
Segment Reporting Information [Line Items]
Total revenues	0	$ 0	0	$ 0
Eliminations
Segment Reporting Information [Line Items]
Intangible assets, net	0		0		0
Total assets	$ (193,114)		$ (193,114)		$ (191,733)

NET INCOME (LOSS) PER COMMON _3

NET INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Basic:
Net income (loss) from continuing operations	$ 2,255	$ (1,859)	$ (2,149)	$ 4,004
Net income from continuing operations (in shares)	24,485	24,802	24,673	24,784
Net income from continuing operations (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.16
Unvested restricted stock units (in shares)	612	0	0	543
Net income (loss) from discontinued operations, net of tax	$ 0	$ (2)	$ 0	$ 4,855
Net income from discontinued operations, net of tax (in dollars per share)	$ 0	$ 0	$ 0	$ 0.20
Net income (loss)	$ 2,255	$ (1,861)	$ (2,149)	$ 8,859
Net income (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.36
Diluted:
Net income (loss) from continuing operations	$ 2,255	$ (1,859)	$ (2,149)	$ 4,004
Net income (loss) (in shares)	25,097	24,802	24,673	25,327
Net income (loss) from continuing operations (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.16
Net income (loss) from discontinued operations, net of tax	$ 0	$ (2)	$ 0	$ 4,855
Net income from discontinued operations, net of tax (in dollars per share)	$ 0	$ 0	$ 0	$ 0.19
Net income (loss)	$ 2,255	$ (1,861)	$ (2,149)	$ 8,859
Net income (loss) (in dollars per share)	$ 0.09	$ (0.07)	$ (0.09)	$ 0.35
Potential common stock shares issuable upon exercise of options (in shares)			500	500

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Related Party Transactions [Abstract]
Related party transaction	$ 0.1	$ 0.1	$ 0.1	$ 0.1
Accounts payable, related parties	$ 0.1		$ 0.1		$ 0

POST-RETIREMENT OBLIGATIONS (De

POST-RETIREMENT OBLIGATIONS (Details) $ in Millions	Jun. 30, 2021USD ($)executive	Dec. 31, 2020USD ($)
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Post Retirement Obligations, Number Of Former Executives | executive	2
Management | Postretirement Benefits
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Post retirement liability | $	$ 0.3	$ 0.3