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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES:    
Net income $ 4,620 $ 4,066
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 4,290 3,992
Amortization of deferred financing costs 4 4
Deferred income taxes (565) 58
Loss on disposition of property, plant and equipment 50 47
Stock-based compensation 289 223
Changes in operating assets and liabilities:    
Trade receivables, net (3,244) (948)
Inventories, net 616 956
Prepaid expenses and other current assets 43 350
Other assets 1 1
Accounts payable and accrued expenses 84 (815)
Other liabilities (49) (52)
Net cash provided by operating activities 6,139 7,882
INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (4,208) (3,935)
Proceeds from sale of property, plant and equipment   28
Net cash used in investing activities (4,208) (3,907)
FINANCING ACTIVITIES:    
Cash dividends paid (753) (696)
Proceeds from exercise of stock options   154
Purchase of treasury shares (77) (2,733)
Net cash used in financing activities (830) (3,275)
Net increase in cash and cash equivalents 1,101 700
Cash and cash equivalents at beginning of period 74,712  
Cash and cash equivalents at end of period $ 75,813 $ 60,626