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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 255,022 $ 187,964
Trade receivables, net 52,905 38,052
Inventories 27,783 24,313
Prepaid expenses and other current assets 2,749 4,640
Total current assets 338,459 254,969
Property, plant and equipment 483,108 469,598
Less accumulated depreciation and depletion (305,318) (289,803)
Property, plant and equipment, net 177,790 179,795
Operating lease right-of-use assets 4,964 5,273
Other assets, net 546 565
Total assets 521,759 440,602
Current liabilities:    
Accounts payable 8,496 7,404
Current portion of operating lease liabilities 1,531 1,582
Accrued expenses 8,671 8,505
Total current liabilities 18,698 17,491
Deferred tax liabilities, net 23,834 24,659
Operating lease liabilities, excluding current portion 3,633 3,919
Other liabilities 1,380 1,429
Total liabilities 47,545 47,498
Stockholders' equity:    
Common stock, $0.10 par value; 45,000,000 and 30,000,000 shares authorized at September 30, 2024 and December 31, 2023, respectively; 28,594,207 and 28,522,780 shares outstanding at September 30, 2024 and December 31, 2023, respectively 2,963 2,955
Additional paid-in capital 39,251 35,539
Retained earnings 490,061 412,499
Less treasury stock, at cost (58,061) (57,889)
Total stockholders' equity 474,214 393,104
Total liabilities and stockholders' equity $ 521,759 $ 440,602