v3.24.1.u1
Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions

The following summarizes the balances and transactions between the Company and Armand Products Company (“Armand”) and the ArmaKleen Company (“ArmaKleen”), in each of which the Company holds a 50% ownership interest:

 

 

Armand

 

 

ArmaKleen

 

 

Three Months Ended

 

 

Three Months Ended

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

March 31,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Purchases by Company

$

3.0

 

 

$

3.7

 

 

$

0.0

 

 

$

0.0

 

Sales by Company

$

0.0

 

 

$

0.0

 

 

$

0.3

 

 

$

0.0

 

Outstanding Accounts Receivable

$

0.4

 

 

$

0.6

 

 

$

0.8

 

 

$

1.6

 

Outstanding Accounts Payable

$

1.1

 

 

$

1.2

 

 

$

0.0

 

 

$

0.0

 

Administration & Management Oversight Services (1)

$

0.6

 

 

$

0.6

 

 

$

0.5

 

 

$

0.5

 

 

(1)
Billed by the Company and recorded as a reduction of SG&A expenses.