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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 278,031 $ 187,964
Trade receivables, net 43,982 38,052
Inventories 27,686 24,313
Prepaid expenses and other current assets 5,083 4,640
Total current assets 354,782 254,969
Property, plant and equipment:    
Mineral reserves and land 60,952 59,307
Proved natural gas properties, successful-efforts method 15,934 15,934
Buildings and building and leasehold improvements 13,246 10,732
Machinery and equipment 393,312 374,000
Furniture and fixtures 1,409 1,312
Automotive equipment 8,393 8,313
Property, plant and equipment 493,246 469,598
Less accumulated depreciation and depletion (310,355) (289,803)
Property, plant and equipment, net 182,891 179,795
Operating lease right-of-use assets 4,855 5,273
Other assets, net 635 565
Total assets 543,163 440,602
Current liabilities:    
Accounts payable 8,819 7,404
Current portion of operating lease liabilities 1,602 1,582
Accrued expenses 6,541 8,505
Total current liabilities 16,962 17,491
Deferred tax liabilities, net 23,659 24,659
Operating lease liabilities, excluding current portion 3,437 3,919
Other liabilities 1,364 1,429
Total liabilities 45,422 47,498
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $5.00 par value; authorized 500,000 shares; none issued or outstanding
Common stock, $0.10 par value; 45,000,000 and 30,000,000 shares authorized at December 31, 2024 and 2023, respectively; 29,671,768 and 29,549,431 shares issued at December 31, 2024 and 2023, respectively 2,968 2,955
Additional paid-in capital 40,549 35,539
Retained earnings 515,622 412,499
Less treasury stock; 1,051,931 and 1,026,651 shares at December 31, 2024 and 2023, respectively, at cost (61,398) (57,889)
Total stockholders' equity 497,741 393,104
Total liabilities and stockholders' equity $ 543,163 $ 440,602