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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES:    
Net income $ 9,898 $ 7,753
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 8,393 7,984
Amortization of deferred financing costs 7 6
Deferred income taxes (852) 96
Loss on disposition of property, plant and equipment 28 31
Stock-based compensation 655 485
Changes in operating assets and liabilities:    
Trade receivables, net (2,106) (1,516)
Inventories, net 737 1,238
Prepaid expenses and other current assets (70) 549
Other assets (2) 3
Accounts payable and accrued expenses (267) (1,612)
Other liabilities 227 (100)
Net cash provided by operating activities 16,648 14,917
INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (8,585) (7,900)
Proceeds from sale of property, plant and equipment 443 70
Net cash used in investing activities (8,142) (7,830)
FINANCING ACTIVITIES:    
Cash dividends paid (1,506) (1,391)
Proceeds from exercise of stock options 72 154
Purchase of treasury shares (193) (2,818)
Net cash used in financing activities (1,627) (4,055)
Net increase in cash and cash equivalents 6,879 3,032
Cash and cash equivalents at beginning of period 74,712  
Cash and cash equivalents at end of period $ 81,591 $ 62,958