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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 50,266 $ 27,171
Depreciation and amortization 1,956 1,900
Deferred income taxes 9,099 4,359
Equity in earnings of Kronos Worldwide, Inc. (31,524) (13,784)
Dividends received from Kronos Worldwide, Inc. 13,384 12,678
Marketable equity securities (19,871) (10,935)
Noncash interest expense 480 584
Benefit plan expense greater (less) than cash funding 278 (191)
Other, net (32) 26
Change in assets and liabilities:    
Accounts and other receivables, net (1,995) (5,559)
Inventories, net (7,735) (1,691)
Prepaid expenses and other (1,249) (355)
Accounts payable and accrued liabilities 663 (367)
Accounts with affiliates (115) 327
Accrued environmental remediation and related costs 96 (506)
Other noncurrent assets and liabilities, net (76) (43)
Net cash provided by operating activities 13,625 13,614
Cash flows from investing activities:    
Capital expenditures (2,215) (1,598)
Note receivable from affiliate:    
Collections 12,400 22,200
Loans (10,300) (18,700)
Other, net 150  
Net cash provided by investing activities 35 1,902
Cash flows from financing activities:    
Dividends paid (6,833) (5,855)
Subsidiary treasury stock acquired (1,744) (755)
Dividends paid to noncontrolling interests in subsidiary (812) (669)
Other, net (16)  
Net cash used in financing activities (9,405) (7,279)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities 4,255 8,237
Balance at beginning of period 175,242 165,272
Balance at end of period 179,497 173,509
Supplemental disclosures - cash paid for:    
Interest 14 13
Income taxes, net $ 164 $ 34