Net income increased from $15,586,000, or $0.38 per diluted share, for the first six months of 2012 compared with $32,206,000 or $0.75 per diluted share for the first six months of 2013. This increase was the net result of the factors noted above. Adjusted EBITDA totaled $43,074,000 in the first six months of 2013 as compared to $22,524,000 in the first six months of 2012. 

Capital Expenditures

Capital expenditures were $5,733,000 in the first six months of 2013, compared with $4,068,000 in the first six months of 2012. FutureFuel was reimbursed for a portion of these expenditures by certain customers as summarized in the following table. 
(Dollars in thousands)
     
  Six Months Ended June 30, 2013 Six Months Ended June 30, 2012
Cash paid for capital expenditures $ 5,733  $ 4,068
Cash received as reimbursement of capital expenditures (2,127) (289)
Cash paid, net of reimbursement, for capital expenditures $ 3,606  $ 3,779

Cash and Cash Equivalents and Marketable Securities

Cash and cash equivalents and marketable securities totaled $185,711,000 as of June 30, 2013, compared with $146,505,000 as of December 31, 2012.

Conference Call and Webcast

A conference call and webcast will be held August 9, 2013 beginning at 9:00 a.m. Eastern time (8:00 a.m. Central time). To access the conference call, dial (877) 251-1860 (U.S. and Canada) or (224) 357-2386 (international callers). The webcast will also be available in the investor relations section of the company's website at www.futurefuelcorporation.com . A replay of the call and webcast will begin approximately two hours after the live call has ended. To access the replay, dial (855) 859-2056 (U.S. and Canada) or (404) 537-3406 (international callers) and enter the conference ID number: 25379817.

About FutureFuel

FutureFuel is a leading manufacturer of diversified chemical products and biobased products comprised of biofuels and biobased specialty chemical products. In its chemicals business, it manufactures specialty chemicals for specific customers (custom manufacturing) as well as multi-customer specialty chemicals (performance chemicals). Its custom manufacturing product portfolio includes a bleach activator for a major detergent manufacturer, a proprietary herbicide and intermediates for a major life sciences company, and chlorinated polyolefin adhesion promoters and antioxidant precursors for a major chemical company. The performance chemicals product portfolio includes polymer (nylon) modifiers and several small-volume specialty chemicals for diverse applications. In its biofuels segment, the company predominantly produces biodiesel. Visit www.futurefuelcorporation.com for more information on FutureFuel.

Forward-Looking Statements

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements deal with FutureFuel's current plans, intentions, beliefs, and expectations, and statements of future economic performance. Statements containing such terms as "believe," "do not believe," "plan," "expect," "intend," "estimate," "anticipate," and other phrases of similar meaning are considered to contain uncertainty and are forward-looking statements. In addition, from time to time FutureFuel or its representatives have made or will make forward-looking statements orally or in writing. Furthermore, such forward-looking statements may be included in various filings that the company makes with United States Securities and Exchange Commission (the "SEC"), in press releases, or in oral statements made by or with the approval of one of FutureFuel's authorized executive officers.

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