XML 39 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 83,155 $ 72,560
Restricted cash and cash equivalents 3,549 3,995
Accounts and other receivables, net 14,393 9,256
Inventories, net 16,118 16,863
Prepaid expenses and other 831 792
Deferred income taxes 4,567 4,567
Total current assets 122,613 108,033
Other assets:    
Marketable securities 81,351 92,131
Investment in Kronos Worldwide, Inc. 167,941 237,719
Goodwill 27,156 27,156
Other assets, net 2,327 2,143
Deferred income taxes 20 20
Total other assets 278,795 359,169
Property and equipment:    
Land 5,138 5,138
Buildings 21,297 21,176
Equipment 63,291 62,264
Construction in progress 1,478 909
Property and equipment, gross 91,204 89,487
Less accumulated depreciation 57,600 55,931
Net property and equipment 33,604 33,556
Total assets 435,012 500,758
Current liabilities:    
Accounts payable 9,561 6,115
Accrued and other current liabilities 8,513 11,521
Accrued environmental remediation and related costs 7,064 6,984
Income taxes 8 7
Total current liabilities 25,146 24,627
Noncurrent liabilities:    
Accrued pension cost 11,521 12,242
Accrued postretirement benefits (OPEB) costs 3,150 3,341
Accrued environmental remediation and related costs 104,944 103,031
Deferred income taxes 61,015 87,725
Other 13,694 18,342
Total noncurrent liabilities 194,324 224,681
NL stockholders' equity:    
Common stock 6,086 6,085
Additional paid-in capital 300,543 300,388
Retained earnings 93,363 112,588
Accumulated other comprehensive loss (199,406) (182,039)
Total NL stockholders' equity 200,586 237,022
Noncontrolling interest in subsidiary 14,956 14,428
Total equity 215,542 251,450
Total liabilities and equity $ 435,012 $ 500,758
Commitments and contingencies (Notes 11 and 13)