The present invention relates to a process for the selective conversion of hydrocarbon feed having a Conradson Carbon Residue content of 0 to 6 wt %, based on the hydrocarbon feed. The hydrocarbon feed is treated in a two-step process. The first is thermal conversion and the second is catalytic cracking of the products of the thermal conversion. The present invention results in a process for increasing the distillate production from a hydrocarbon feedstream for a fluid catalytic cracking unit. The resulting product slate from the present invention can be further varied by changing the conditions in the thermal and catalytic cracking steps as well as by changing the catalyst in the cracking step.