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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 15,768 $ (8,530)
Depreciation and amortization 1,846 2,009
Deferred income taxes 2,149 (5,957)
Equity in (earnings) losses of Kronos Worldwide, Inc. (8,449) 7,153
Dividends received from Kronos Worldwide, Inc. 13,384 13,384
Marketable equity securities (3,162) 10,959
Loss on pension plan termination   4,911
Benefit plan expense greater than cash funding 343 355
Noncash interest income (752) (1,839)
Noncash interest expense 267 374
Other, net 52 199
Change in assets and liabilities:    
Accounts and other receivables, net 2,050 2,787
Inventories, net 3,201 (2,585)
Prepaid expenses and other 372 508
Accounts payable and accrued liabilities (1,637) (1,777)
Accounts with affiliates 29 622
Accrued environmental remediation and related costs 684 (999)
Other noncurrent assets and liabilities, net (3,867) (646)
Net cash provided by operating activities 22,278 20,928
Cash flows from investing activities:    
Capital expenditures (730) (478)
Purchases 0 (49,966)
Proceeds from maturities 42,000 26,000
Note receivable from affiliate:    
Collections 13,400 14,700
Loans (12,000) (13,700)
Net cash provided by (used in) investing activities 42,670 (23,444)
Cash flows from financing activities:    
Dividends paid (7,814) (6,834)
Dividends paid to noncontrolling interests in subsidiary (936) (778)
Net cash used in financing activities (8,750) (7,612)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities 56,198 (10,128)
Balance at beginning of year 141,382 97,502
Balance at end of period 197,580 87,374
Supplemental disclosures - cash paid (received) for:    
Interest $ 26 24
Income taxes, net   $ (570)