XML 48 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ (16,016) $ 47,492
Depreciation and amortization 1,689 2,889
Deferred income taxes (18,185) 15,822
Equity in (earnings) loss of Kronos Worldwide, Inc. 22,790 (61,236)
Distributions from Kronos Worldwide, Inc. 10,566 10,566
Benefit plan expense greater (less) than cash funding:    
Litigation settlement gain   (14,964)
Securities transactions gains, net (11)  
Other, net 1,118 282
Change in assets and liabilities:    
Accounts and other receivables, net (2,333) (2,734)
Inventories, net (1,154) 150
Prepaid expenses and other 148 127
Accounts payable and accrued liabilities (3,291) (2,349)
Income taxes (5) (1,576)
Accounts with affiliates (2,782) 592
Accrued environmental remediation and related costs 11,785 12,042
Other noncurrent assets and liabilities, net (1,097) (2,387)
Net cash provided by operating activities 2,629 4,500
Cash flows from investing activities:    
Capital expenditures (1,553) (2,211)
Proceeds from real estate-related litigation settlement   15,603
Change in restricted cash equivalents 1,021 (284)
Collection of note receivable 3,034  
Proceeds from the disposal of:    
Assets held for sale 1,559  
Marketable securities 272  
Property, plant and equipment and other assets 2 30
Purchase of marketable securities (261)  
Net cash provided by investing activities 4,074 13,138
Cash flows from financing activities:    
Dividends paid (12,168) (12,166)
Distributions to noncontrolling interests in subsidiary (287) (409)
Indebtedness:    
Borrowings   13,050
Repayments (500) (22,300)
Other, net   (57)
Net cash used in financing activities (12,955) (21,882)
Cash and cash equivalents-net change from:    
Operating, investing and financing activities (6,252) (4,244)
Effect of exchange rate changes on cash   72
Cash and cash equivalents at beginning of period 77,987 11,652
Cash and cash equivalents at end of period 71,735 7,480
Cash paid for:    
Interest 155 431
Income taxes, net 289 1,977
Non-cash investing activity:    
Accrual for capital expenditures (161) 510
Defined Benefit Pension Plans [Member]
   
Benefit plan expense greater (less) than cash funding:    
Defined benefit pension plans (229) 104
OPEB [Member]
   
Benefit plan expense greater (less) than cash funding:    
Defined benefit pension plans $ (364) $ (320)