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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 582 $ 36,456 $ 53,360
Depreciation and amortization 3,973 3,977 3,839
Deferred income taxes (7,308) 2,291 7,453
Equity in (earnings) losses of Kronos Worldwide, Inc. 15,003 (31,873) (34,323)
Dividends received from Kronos Worldwide, Inc. 26,766 26,766 25,356
Marketable equity securities 8,156 8,085 (16,229)
Loss on pension plan termination 4,911    
Benefit plan expense greater (less) than cash funding 461 130 (220)
Noncash interest income (3,591) (267)  
Noncash interest expense 695 908 1,116
Other, net 247 (21) (31)
Change in assets and liabilities:      
Accounts and other receivables, net 754 (2,275) (4,488)
Inventories, net 333 (5,832) (7,479)
Prepaid expenses and other 42 353 (991)
Accounts payable and accrued liabilities (12,624) (10,398) (9,386)
Accounts with affiliates 578 (662) 279
Accrued environmental remediation and related costs (1,252) (582) (476)
Other noncurrent assets and liabilities, net (723) (125) (171)
Net cash provided by operating activities 37,003 26,931 17,609
Cash flows from investing activities:      
Capital expenditures (1,130) (3,695) (4,094)
Purchases (61,366) (69,959)  
Proceeds from maturities 82,000    
Note receivable from affiliate:      
Collections 30,500 29,800 40,600
Loans (27,900) (24,300) (29,800)
Other, net   284 2
Net cash provided by (used in) investing activities 22,104 (67,870) 6,708
Cash flows from financing activities:      
Dividends paid (13,672) (30,753) (11,712)
Subsidiary treasury stock acquired   (1,744) (1,311)
Dividends paid to noncontrolling interests in subsidiary (1,555) (4,304) (1,324)
Net cash used in financing activities (15,227) (36,801) (14,347)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:      
Operating, investing and financing activities 43,880 (77,740) 9,970
Balance at beginning of year 97,502 175,242 165,272
Balance at end of year 141,382 97,502 175,242
Supplemental disclosures - cash paid (received) for:      
Interest 50 34 26
Income taxes, net $ (300) $ 1,140 $ 32