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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 41,675 $ 36,253 $ 83,725 $ 72,177
Cost of sales 28,046 24,947 58,016 49,836
Gross margin 13,629 11,306 25,709 22,341
Selling, general and administrative expense 5,884 5,548 11,658 10,766
Other operating income (expense):        
Corporate expense (3,540) (2,871) (5,976) (4,716)
Income from operations 4,205 2,887 8,075 6,859
Equity in earnings of Kronos Worldwide, Inc. 13,991 7,816 31,524 13,784
Other income (expense):        
Interest and dividend income 567 423 876 863
Marketable equity securities 19,200 4,575 19,871 10,935
Other components of net periodic pension and OPEB cost (223) (196) (446) (267)
Interest expense (248) (299) (494) (597)
Income before income taxes 37,492 15,206 59,406 31,577
Income tax expense 6,435 1,901 9,140 4,406
Net income 31,057 13,305 50,266 27,171
Noncontrolling interest in net income of subsidiary 805 608 1,457 1,217
Net income attributable to NL stockholders $ 30,252 $ 12,697 $ 48,809 $ 25,954
Amounts attributable to NL stockholders:        
Net income per basic share $ 0.62 $ 0.26 $ 1.00 $ 0.53
Net income per diluted share $ 0.62 $ 0.26 $ 1.00 $ 0.53
Weighted average shares outstanding - basic 48,809 48,795 48,806 48,792
Weighted average shares outstanding - diluted 48,809 48,795 48,806 48,792