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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 222,501 $ 187,964
Trade receivables, net 46,284 38,052
Inventories 27,300 24,313
Prepaid expenses and other current assets 3,466 4,640
Total current assets 299,551 254,969
Property, plant and equipment 477,341 469,598
Less accumulated depreciation and depletion (299,493) (289,803)
Property, plant and equipment, net 177,848 179,795
Operating lease right-of-use assets 4,629 5,273
Other assets, net 2,127 565
Total assets 484,155 440,602
Current liabilities:    
Accounts payable 7,186 7,404
Current portion of operating lease liabilities 1,506 1,582
Accrued expenses 5,377 8,505
Total current liabilities 14,069 17,491
Deferred tax liabilities, net 24,258 24,659
Operating lease liabilities, excluding current portion 3,343 3,919
Other liabilities 1,396 1,429
Total liabilities 43,066 47,498
Stockholders' equity:    
Common stock, $0.10 par value; 45,000,000 shares authorized; 28,594,207 and 28,522,780 shares outstanding at June 30, 2024 and December 31, 2023, respectively 2,963 2,955
Additional paid-in capital 38,049 35,539
Retained earnings 458,138 412,499
Less treasury stock, at cost (58,061) (57,889)
Total stockholders' equity 441,089 393,104
Total liabilities and stockholders' equity $ 484,155 $ 440,602