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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ 16,693 $ (22,716) $ 29,630
Depreciation and amortization 3,774 3,609 3,601
Deferred income taxes (4,330) (24,030) 4,167
Provision for inventory reserves 161 233 24
Cash funding of benefit plans in excess of net benefit plan expense (277) (1,349) (2,557)
Equity in losses (earnings) of Kronos Worldwide, Inc. (13,171) 52,770 (30,161)
Dividends received from Kronos Worldwide, Inc. 21,132 21,132 21,132
Other, net 201 188 194
Change in assets and liabilities:      
Accounts and other receivables, net (1,601) 246 1,220
Inventories, net (37) 1,532 (3,652)
Prepaid expenses and other (5) (189) 18
Accounts payable and accrued liabilities (172) (1,721) 2,855
Income taxes 18 (2) 5
Accounts with affiliates 2,075 (439) 726
Accrued environmental remediation and related costs 3,526 3,118 (3,621)
Other noncurrent assets and liabilities, net (288) (4,746) (29)
Net cash provided by operating activities 27,699 27,636 23,552
Cash flows from investing activities:      
Capital expenditures (3,206) (4,304) (2,858)
Promissory notes receivable from affiliate:      
Loans (36,600)    
Collections 9,200    
Purchase of marketable securities   (251) (643)
Proceeds from the disposal of marketable securities   255 660
Other     (47)
Net cash used in investing activities (30,606) (4,300) (2,888)
Cash flows from financing activities:      
Distributions to noncontrolling interests in subsidiary (332) (330) (328)
Indebtedness - borrowings from affiliate 500    
Net cash provided by (used in) financing activities 168 (330) (328)
Cash, cash equivalents and restricted cash and cash equivalents - net change from:      
Operating, investing and financing activities (2,739) 23,006 20,336
Balance at beginning of year 100,981 77,975 57,639
Balance at end of year 98,242 100,981 77,975
Cash paid for:      
Interest 4    
Income taxes, net $ 70 $ 611 $ 193