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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 15,726 $ 14,735
Depreciation and amortization 901 889
Deferred income taxes 2,552 3,420
Equity in earnings of Kronos Worldwide, Inc. (9,225) (21,479)
Marketable equity securities (5,462) 1,581
Dividends received from Kronos Worldwide, Inc. 6,339 5,987
Cash funding of benefit plans in excess of net benefit plan expense 9 (120)
Other, net 39 56
Change in assets and liabilities:    
Accounts and other receivables, net (3,244) (2,226)
Inventories, net (1,475) (980)
Prepaid expenses and other 181 (819)
Accounts payable and accrued liabilities (3,949) (2,867)
Income taxes 9 16
Accounts with affiliates 559 (132)
Accrued environmental remediation and related costs (1,194) 3,848
Other noncurrent assets and liabilities, net (16) (66)
Net cash provided by operating activities 1,750 1,843
Cash flows from investing activities:    
Capital expenditures (439) (644)
Promissory notes receivable from affiliate:    
Loans (17,400) (12,400)
Collections 11,400 12,600
Other, net   224
Net cash used in investing activities (6,439) (220)
Cash flows from financing activities -    
Distributions to noncontrolling interests in subsidiary (117) (83)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (4,806) 1,540
Balance at beginning of period 120,989 102,941
Balance at end of period 116,183 104,481
Supplemental disclosure - cash paid (received) for:    
Interest 9 8
Income taxes, net $ (16) $ 25