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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 69,261 $ 582 $ 36,456
Depreciation and amortization 3,691 3,973 3,977
Deferred income taxes 13,718 (7,308) 2,291
Equity in (earnings) losses of Kronos Worldwide, Inc. (26,381) 15,003 (31,873)
Dividends received from Kronos Worldwide, Inc. 16,905 26,766 26,766
Marketable equity securities (gain) loss (9,821) 8,156 8,085
Loss on pension plan termination   4,911  
Benefit plan expense greater than cash funding 397 461 130
Noncash interest income (817) (3,591) (267)
Noncash interest expense 479 695 908
Other, net 217 247 (21)
Change in assets and liabilities:      
Accounts and other receivables, net (6,679) 754 (2,275)
Inventories, net 2,126 333 (5,832)
Prepaid expenses and other 82 42 353
Accounts payable and accrued liabilities (13,256) (12,624) (10,398)
Accounts with affiliates 700 578 (662)
Accrued environmental remediation and related costs (21,828) (1,252) (582)
Other noncurrent assets and liabilities, net (3,220) (723) (125)
Net cash provided by operating activities 25,574 37,003 26,931
Cash flows from investing activities:      
Capital expenditures (1,432) (1,130) (3,695)
Marketable securities:      
Purchases   (61,366) (69,959)
Proceeds from maturities 54,000 82,000  
Note receivable from affiliate:      
Collections 26,300 30,500 29,800
Loans (25,000) (27,900) (24,300)
Proceeds from land sale 5,000    
Other, net     284
Net cash provided by (used in) investing activities 58,868 22,104 (67,870)
Cash flows from financing activities:      
Dividends paid (36,634) (13,672) (30,753)
Subsidiary treasury stock acquired     (1,744)
Dividends paid to noncontrolling interests in subsidiary (5,000) (1,555) (4,304)
Net cash used in financing activities (41,634) (15,227) (36,801)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:      
Operating, investing and financing activities 42,808 43,880 (77,740)
Balance at beginning of year 141,382 97,502 175,242
Balance at end of year 184,190 141,382 97,502
Cash paid (received) for:      
Interest 51 50 34
Income taxes, net 127 (300) 1,140
Noncash investing activities -      
Change in accruals for capital expenditures $ 423 $ 23 $ (49)