XML 63 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 124,243 $ 118,217 $ 112,035
Cost of sales 85,280 79,946 77,210
Gross margin 38,963 38,271 34,825
Selling, general and administrative expense 21,297 20,460 19,587
Other operating income (expense):      
Insurance recoveries 5,138 1,298 375
Other income, net 7,444 644 170
Litigation settlement expense, net (19,266) (62,000)  
Corporate expense (12,591) (18,419) (14,084)
Income (loss) from operations (1,609) (60,666) 1,699
Equity in earnings of Kronos Worldwide, Inc. 26,470 62,316 107,785
Other income (expense):      
Interest and dividend income 6,672 5,069 3,570
Marketable equity securities (863) (60,941)  
Other components of net periodic pension cost (1,375) (115) (832)
Interest expense (681) (37) (30)
Income (loss) before income taxes 28,614 (54,374) 112,192
Income tax expense (benefit) 579 (15,361) (5,634)
Net income (loss) 28,035 (39,013) 117,826
Noncontrolling interest in net income of subsidiary 2,191 2,004 1,726
Net income (loss) attributable to NL stockholders $ 25,844 $ (41,017) $ 116,100
Amounts attributable to NL stockholders:      
Basic and diluted net income (loss) per share $ 0.53 $ (0.84) $ 2.38
Weighted average shares used in the calculation of net income (loss) per share 48,745 48,727 48,711