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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Lime and limestone operations $ 36,428 $ 38,096 $ 107,910 $ 103,626
Natural gas interests 506 554 1,695 1,490
Total revenues 36,934 38,650 109,605 105,116
Cost of revenues        
Labor and other operating expenses 23,142 24,064 70,447 67,603
Depreciation, depletion and amortization 4,240 4,017 12,530 11,855
Total cost of revenues 27,382 28,081 82,977 79,458
Gross profit 9,552 10,569 26,628 25,658
Selling, general and administrative expenses 2,657 2,482 7,595 7,213
Operating profit 6,895 8,087 19,033 18,445
Other expenses (income)        
Interest expense 56 63 174 185
Other income, net (261) (115) (665) (238)
Total other expense (income) (205) (52) (491) (53)
Income before income taxes 7,100 8,139 19,524 18,498
Income tax expense 1,433 2,058 3,959 4,664
Net income $ 5,667 $ 6,081 $ 15,565 $ 13,834
Net income per share of common stock        
Basic (in dollars per share) $ 1.02 $ 1.09 $ 2.79 $ 2.48
Diluted (in dollars per share) 1.01 1.09 2.79 2.48
Cash dividends per share of common stock (in dollars per share) $ 0.135 $ 0.125 $ 0.405 $ 0.375