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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 7,315 $ (5,939)
Depreciation and amortization 926 1,010
Deferred income taxes 931 1,362
Equity in (earnings) losses of Kronos Worldwide, Inc. (2,476) 4,637
Dividends received from Kronos Worldwide, Inc. 6,692 6,692
Marketable equity securities (2,383) 5,498
Benefit plan expense less than cash funding 346 330
Noncash interest income (492) (800)
Noncash interest expense 133 187
Other, net (19) (8)
Change in assets and liabilities:    
Accounts and other receivables, net (267) (845)
Inventories, net 3,107 1,012
Prepaid expenses and other 286 172
Accounts payable and accrued liabilities (5,688) (4,498)
Accounts with affiliates 54 (253)
Accrued environmental remediation and related costs (160) (836)
Other noncurrent assets and liabilities, net (1,561) (443)
Net cash provided by operating activities 6,744 7,278
Cash flows from investing activities:    
Capital expenditures (305) (270)
Purchases 0 (32,824)
Proceeds from maturities 24,000 8,000
Note receivable from affiliate:    
Collections 6,000 7,800
Loans (5,200) (6,800)
Net cash provided by (used in) investing activities 24,495 (24,094)
Cash flows from financing activities:    
Dividends paid (3,906) (3,417)
Dividends paid to noncontrolling interests in subsidiary (467) (388)
Net cash used in financing activities (4,373) (3,805)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities 26,866 (20,621)
Balance at beginning of year 141,382 97,502
Balance at end of period 168,248 76,881
Supplemental disclosures - cash paid (received) for:    
Interest 13 12
Income taxes, net $ (128) $ 171