XML 16 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 50,360 $ (1,016)
Depreciation and amortization 1,861 1,889
Deferred income taxes 21,309 (534)
Equity in earnings (losses) of Kronos Worldwide, Inc. (70,920) 653
Dividends received from Kronos Worldwide, Inc. 10,566 10,566
Cash funding of benefit plans in excess of net benefit plan expense (23) (146)
Other, net 280 328
Change in assets and liabilities:    
Accounts and other receivables, net (1,814) (3,710)
Inventories, net (417) 851
Prepaid expenses and other 81 (605)
Accounts payable and accrued liabilities (2,581) (2,491)
Income taxes (1) (4)
Accounts with affiliates (985) 8
Accrued environmental remediation and related costs 2,500 1,980
Other noncurrent assets and liabilities, net (33) (166)
Net cash provided by operating activities 10,183 7,603
Cash flows from investing activities:    
Capital expenditures (1,611) (1,684)
Promissory notes receivable from affiliate:    
Loans (39,300)  
Collections 27,200  
Other, net 2  
Net cash used in investing activities (13,709) (1,684)
Cash flows from financing activities -    
Distributions to noncontrolling interests in subsidiary (166) (166)
Cash and cash equivalents and restricted cash and cash equivalents - net change from:    
Operating, investing and financing activities (3,692) 5,753
Balance at beginning of period 98,242 100,981
Balance at end of period 94,550 106,734
Supplemental disclosure - cash paid for:    
Interest 14  
Income taxes, net $ 2,157 $ 55