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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating Activities    
Net income $ 17,574 $ 33,741
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 25,277 24,652
Amortization of deferred financing fees 764 619
Deferred income taxes 58 1,517
Stock-based compensation 8,280 5,832
Gain on sale of assets (286) (5,146)
Inventory impairment charges 6,986 9,643
Pension settlement charge 7,804 0
Other 7,242 (3,971)
Changes in operating assets and liabilities:    
Accounts receivable 2,916 (11,725)
Inventories (11,439) (27,250)
Other current assets (5,177) (8,677)
Accounts payable 2,668 1,955
Income taxes receivable/payable (2,935) (148)
Other current liabilities (8,823) 1,247
Net cash provided by operating activities 50,909 22,289
Investing Activities    
Expenditures for property, plant and equipment (48,625) (54,706)
Acquisition of mineral interests (4,661) (713)
Proceeds from the sale of assets 2,799 822
Equity method investment (16,702) (16,556)
Return of equity method investment 3,295 0
Other (282) (139)
Net cash used for investing activities (64,176) (71,292)
Financing Activities    
Net additions to revolving credit agreement 5,000 60,000
Reductions to long-term debt (4,643) (4,914)
Debt issuance costs 0 (2,415)
Cash dividends paid (7,335) (6,624)
Purchase of treasury shares (2,534) (9,944)
Net cash (used for) provided by financing activities (9,858) 36,727
Cash and Cash Equivalents    
Total decrease for the year (23,125) (12,276)
Balance at the beginning of the year 72,833 85,109
Balance at the end of the year 49,708 72,833
Affiliated Entity    
Financing Activities    
(Reductions) additions to note payable to affiliate $ (346) $ 624