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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 21,288 $ (42,098)
Depreciation and amortization 2,739 2,609
Deferred income taxes 913 (16,624)
Equity in earnings of Kronos Worldwide, Inc. (23,632) (55,029)
Dividends received from Kronos Worldwide, Inc. 19,017 17,961
Marketable equity securities 431 55,911
Cash funding of benefit plans in excess of net benefit plan expense (1,658) (2,074)
Net gain from sale of excess property (4,424)  
Other, net 211 426
Change in assets and liabilities:    
Accounts and other receivables, net 13,627 (18,203)
Inventories, net (1,888) (1,935)
Prepaid expenses and other 175 110
Accounts payable and accrued liabilities (25,842) 62,025
Income taxes 20 11
Accounts with affiliates 144 2,939
Accrued environmental remediation and related costs (3,235) (428)
Other noncurrent assets and liabilities, net 19,516 16,698
Net cash provided by operating activities 17,402 22,299
Cash flows from investing activities:    
Capital expenditures (2,453) (2,043)
Promissory notes receivable from affiliate:    
Loans (28,100) (39,000)
Collections 25,400 44,200
Proceeds from sale of excess property 4,636  
Other, net 121 225
Net cash provided by (used in) investing activities (396) 3,382
Cash flows from financing activities -    
Distributions to noncontrolling interests in subsidiary (353) (251)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities 16,653 25,430
Balance at beginning of period 120,989 102,941
Balance at end of period 137,642 128,371
Supplemental disclosures - cash paid (received) for:    
Interest 27 25
Income taxes, net $ (227) $ (1,740)