XML 28 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Lime and limestone operations $ 34,729 $ 33,382 $ 68,634 $ 63,584
Natural gas interests 1,769 3,458 3,892 6,322
Total revenues 36,498 36,840 72,526 69,906
Cost of revenues:        
Labor and other operating expenses 24,444 23,058 47,701 43,344
Depreciation, depletion and amortization 3,701 3,383 7,269 6,751
Total cost of revenues 28,145 26,441 54,970 50,095
Gross profit 8,353 10,399 17,556 19,811
Selling, general and administrative expenses 2,327 2,081 4,594 4,266
Operating profit 6,026 8,318 12,962 15,545
Other expense (income):        
Interest expense 542 627 1,118 1,280
Other, net (77) (42) (51) (63)
Total other expense (income) 465 585 1,067 1,217
Income before income taxes 5,561 7,733 11,895 14,328
Income tax expense 1,501 1,938 3,211 3,719
Net income $ 4,060 $ 5,795 $ 8,684 $ 10,609
Income per share of common stock:        
Basic (in dollars per share) $ 0.73 $ 0.90 $ 1.48 $ 1.65
Diluted (in dollars per share) $ 0.73 $ 0.90 $ 1.48 $ 1.65