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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 36,616 $ 41,675 $ 77,767 $ 83,725
Cost of sales 26,343 28,046 54,790 58,016
Gross margin 10,273 13,629 22,977 25,709
Selling, general and administrative expense 5,906 5,884 11,570 11,658
Other operating income (expense):        
Corporate expense 2,946 3,540 5,789 5,976
Income from operations 1,421 4,205 5,618 8,075
Equity in earnings (losses) of Kronos Worldwide, Inc. (2,516) 13,991 (7,153) 31,524
Other income (expense):        
Interest and dividend income 2,145 567 4,110 876
Marketable equity securities (5,461) 19,200 (10,959) 19,871
Loss on pension plan termination (4,911)   (4,911)  
Other components of net periodic pension and OPEB cost (370) (223) (716) (446)
Interest expense (199) (248) (398) (494)
Income (loss) before income taxes (9,891) 37,492 (14,409) 59,406
Income tax expense (benefit) (7,300) 6,435 (5,879) 9,140
Net income (loss) (2,591) 31,057 (8,530) 50,266
Noncontrolling interest in net income of subsidiary 517 805 1,294 1,457
Net income (loss) attributable to NL stockholders $ (3,108) $ 30,252 $ (9,824) $ 48,809
Amounts attributable to NL stockholders:        
Net income (loss) per basic share $ (0.06) $ 0.62 $ (0.20) $ 1.00
Net income (loss) per diluted share $ (0.06) $ 0.62 $ (0.20) $ 1.00
Weighted average shares outstanding - basic 48,824 48,809 48,820 48,806
Weighted average shares outstanding - diluted 48,824 48,809 48,820 48,806