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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Summary of Significant Accounting Policies  
Schedule of supplemental cash flow information

 

                                                                                                                                                                                    

 

 

Years Ended December 31,

 

 

 

2014

 

2013

 

2012

 

Cash paid during the year for:

 

 

 

 

 

 

 

 

 

 

Interest

 

$

1,495 

 

$

1,746 

 

$

2,069 

 

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​  

​  

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Income taxes

 

$

5,870 

 

$

3,750 

 

$

3,000 

 

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Schedule of the entity's financial liabilities measured at fair value on a recurring basis

 

                                                                                                                                                                                    

 

 

Fair Value Measurements as of December 31,

 

 

 

 

 

 

 

 

Significant Other
Observable Inputs
(Level 2)

 

 

 

 

2014

 

2013

 

2014

 

2013

 

Valuation Technique

Interest rate swap liabilities

 

$

(661

)

$

(1,533

)

$

(661

)

$

(1,533

)

Cash flows approach

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Schedule of additions and write-offs to the Company's allowance for doubtful accounts

 

                                                                                                                                                                                    

 

 

2014

 

2013

 

Beginning balance

 

$

238

 

$

525

 

Additions

 

 

148

 

 

69

 

Write-offs

 

 

(36

)

 

(356

)

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Ending balance

 

$

350

 

$

238

 

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Schedule of inventories

 

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2014

 

2013

 

Lime and limestone inventories:

 

 

 

 

 

 

 

Raw materials

 

$

5,693 

 

$

6,203 

 

Finished goods

 

 

2,283 

 

 

2,284 

 

​  

​  

​  

​  

 

 

$

7,976 

 

$

8,487 

 

Service parts inventories

 

 

5,460 

 

 

5,201 

 

​  

​  

​  

​  

 

 

$

13,436 

 

$

13,688 

 

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Schedule of estimated useful lives of property, plant and equipment

 

                                                                                                                                                                                    

Buildings and building improvements

 

3 - 20 years

Machinery and equipment

 

2 - 20 years

Furniture and fixtures

 

3 - 10 years

Automotive equipment

 

3 - 10 years

 

Schedule of other assets

 

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2014

 

2013

 

Deferred financing costs

 

$

45 

 

$

90 

 

Other

 

 

100 

 

 

105 

 

​  

​  

​  

​  

 

 

$

145 

 

$

195 

 

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Schedule of computation of basic and diluted income per common share

 

                                                                                                                                                                                    

 

 

Years Ended December 31,

 

 

 

2014

 

2013

 

2012

 

Net income for basic and diluted income per common share

 

$

19,367 

 

$

14,800 

 

$

16,423 

 

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Weighted-average shares for basic income per common share

 

 

5,578,784 

 

 

5,561,429 

 

 

5,705,475 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

Employee and director stock options(1)

 

 

10,459 

 

 

9,850 

 

 

10,286 

 

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Adjusted weighted-average shares and assumed exercises for diluted income per common share

 

 

5,589,243 

 

 

5,571,279 

 

 

5,715,761 

 

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Basic net income per common share

 

$

3.47 

 

$

2.66 

 

$

2.88 

 

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Diluted net income per common share

 

$

3.47 

 

$

2.66 

 

$

2.87 

 

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(1)Excludes 7,500, 15,000 and 17,400 stock options in 2014, 2013 and 2012, respectively, as antidilutive because the exercise price exceeded the average per share market price for the periods presented.