XML 55 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income (loss) $ 29,630us-gaap_ProfitLoss $ (54,543)us-gaap_ProfitLoss $ 79,082us-gaap_ProfitLoss
Depreciation and amortization 3,601us-gaap_DepreciationDepletionAndAmortization 3,335us-gaap_DepreciationDepletionAndAmortization 5,826us-gaap_DepreciationDepletionAndAmortization
Deferred income taxes 4,167us-gaap_DeferredIncomeTaxExpenseBenefit (41,891)us-gaap_DeferredIncomeTaxExpenseBenefit 27,433us-gaap_DeferredIncomeTaxExpenseBenefit
Provision for inventory reserves 24us-gaap_InventoryWriteDown 228us-gaap_InventoryWriteDown 454us-gaap_InventoryWriteDown
Cash funding of benefit plans in excess of net benefit plan expense (2,557)nl_PensionAndOtherPostretirementBenefitContributionsNetOfExpense (1,224)nl_PensionAndOtherPostretirementBenefitContributionsNetOfExpense (431)nl_PensionAndOtherPostretirementBenefitContributionsNetOfExpense
Equity in (earnings) loss of Kronos Worldwide, Inc. (30,161)us-gaap_IncomeLossFromEquityMethodInvestments 31,007us-gaap_IncomeLossFromEquityMethodInvestments (66,437)us-gaap_IncomeLossFromEquityMethodInvestments
Dividends received from Kronos Worldwide, Inc. 21,132us-gaap_EquityMethodInvestmentDividendsOrDistributions 21,132us-gaap_EquityMethodInvestmentDividendsOrDistributions 21,132us-gaap_EquityMethodInvestmentDividendsOrDistributions
Net gains from:      
Real estate-related litigation settlement     (14,964)us-gaap_GainLossRelatedToLitigationSettlement
Securities transactions, net (16)us-gaap_MarketableSecuritiesGainLoss (11)us-gaap_MarketableSecuritiesGainLoss (16,567)us-gaap_MarketableSecuritiesGainLoss
Sale of business unit     (23,674)us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
Reversal of accrued contingent consideration     (778)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Goodwill impairment     6,406us-gaap_GoodwillImpairmentLoss
Assets held for sale write-down     1,162us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf
Other, net 210us-gaap_OtherNoncashIncomeExpense 81us-gaap_OtherNoncashIncomeExpense (3,103)us-gaap_OtherNoncashIncomeExpense
Change in assets and liabilities:      
Accounts and other receivables, net 1,220us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables (1,461)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables (476)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Inventories, net (3,652)us-gaap_IncreaseDecreaseInInventories (2,240)us-gaap_IncreaseDecreaseInInventories 174us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other 18us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 166us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (1,871)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued liabilities 2,855us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (3,347)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 1,550us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes 5us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable   (1,450)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Accounts with affiliates 726us-gaap_IncreaseDecreaseInDueToAffiliates (369)us-gaap_IncreaseDecreaseInDueToAffiliates 729us-gaap_IncreaseDecreaseInDueToAffiliates
Accrued environmental remediation and related costs (3,621)us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease 65,630us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease 6,369us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease
Other noncurrent assets and liabilities, net (29)us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet (1,588)us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet (2,566)us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
Net cash provided by operating activities 23,552us-gaap_NetCashProvidedByUsedInOperatingActivities 14,905us-gaap_NetCashProvidedByUsedInOperatingActivities 18,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Capital expenditures (2,858)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,541)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (4,564)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from real estate-related litigation settlement     15,603us-gaap_ProceedsFromLegalSettlements
Collection of promissory note receivable   3,034us-gaap_ProceedsFromCollectionOfNotesReceivable  
Change in restricted cash equivalents, net (384)us-gaap_IncreaseDecreaseInRestrictedCash 2,018us-gaap_IncreaseDecreaseInRestrictedCash (2,159)us-gaap_IncreaseDecreaseInRestrictedCash
Net proceeds from the disposal of:      
Assets held for sale   1,559us-gaap_ProceedsFromSaleOfPropertyHeldForSale 3,555us-gaap_ProceedsFromSaleOfPropertyHeldForSale
Marketable securities 660us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 272us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 24,146us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Property, plant and equipment and other assets   5us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 3,290us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from disposal of operations     58,027us-gaap_ProceedsFromDivestitureOfBusinesses
Cash of disposed business unit     (5,426)us-gaap_CashDivestedFromDeconsolidation
Purchase of marketable securities (643)us-gaap_PaymentsToAcquireMarketableSecurities (261)us-gaap_PaymentsToAcquireMarketableSecurities (227)us-gaap_PaymentsToAcquireMarketableSecurities
Other (48)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (102)us-gaap_PaymentsForProceedsFromOtherInvestingActivities  
Net cash provided by (used in) investing activities (3,273)us-gaap_NetCashProvidedByUsedInInvestingActivities 2,984us-gaap_NetCashProvidedByUsedInInvestingActivities 92,245us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Cash dividends paid   (24,336)us-gaap_PaymentsOfDividendsCommonStock (24,333)us-gaap_PaymentsOfDividendsCommonStock
Distributions to noncontrolling interests in subsidiary (328)us-gaap_PaymentsOfDividendsMinorityInterest (451)us-gaap_PaymentsOfDividendsMinorityInterest (818)us-gaap_PaymentsOfDividendsMinorityInterest
Indebtedness:      
Borrowings     40,550us-gaap_ProceedsFromOtherDebt
Repayments   (18,480)us-gaap_RepaymentsOfDebt (59,406)us-gaap_RepaymentsOfDebt
Deferred financing costs paid     (79)us-gaap_PaymentsOfFinancingCosts
Net cash used in financing activities (328)us-gaap_NetCashProvidedByUsedInFinancingActivities (43,267)us-gaap_NetCashProvidedByUsedInFinancingActivities (44,086)us-gaap_NetCashProvidedByUsedInFinancingActivities
Cash and cash equivalents - net change from:      
Operating, investing and financing activities 19,951us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect (25,378)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect 66,159us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
Effect of exchange rate changes on cash     176us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net change for the year 19,951us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (25,378)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 66,335us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Balance at beginning of year 52,609us-gaap_CashAndCashEquivalentsAtCarryingValue 77,987us-gaap_CashAndCashEquivalentsAtCarryingValue 11,652us-gaap_CashAndCashEquivalentsAtCarryingValue
Balance at end of year 72,560us-gaap_CashAndCashEquivalentsAtCarryingValue 52,609us-gaap_CashAndCashEquivalentsAtCarryingValue 77,987us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid for:      
Interest   222us-gaap_InterestPaid 982us-gaap_InterestPaid
Income taxes, net 193us-gaap_IncomeTaxesPaidNet 302us-gaap_IncomeTaxesPaidNet 2,525us-gaap_IncomeTaxesPaidNet
Non-cash investing and financing activities - accrual for capital expenditures $ (34)us-gaap_CapitalExpendituresIncurredButNotYetPaid $ (313)us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 484us-gaap_CapitalExpendituresIncurredButNotYetPaid