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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES:      
Net income $ 19,685 $ 27,148 $ 17,754
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 17,603 16,549 16,141
Amortization of deferred financing costs 14 15 14
Deferred income taxes 20 (7,612) 648
Loss on disposition of property, plant and equipment 624 377 622
Stock-based compensation 1,489 1,405 1,036
Changes in operating assets and liabilities:      
Trade receivables, net (3,129) 308 (892)
Inventories, net 700 (1,113) 2,295
Prepaid expenses and other current assets 1,377 (1,594) 308
Other assets (1) 5 4
Accounts payable and accrued expenses 438 (1,130) 532
Other liabilities (85) (76) (615)
Net cash provided by operating activities 38,735 34,282 37,847
INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (53,762) (21,337) (17,664)
Acquisition of assets of a business     (50)
Proceeds from sale of property, plant and equipment 605 592 208
Net cash used in investing activities (53,157) (20,745) (17,506)
FINANCING ACTIVITIES:      
Cash dividends paid (3,022) (3,013) (2,782)
Proceeds from exercise of stock options 73 73 155
Purchase of treasury shares (411) (309) (2,928)
Net cash used in financing activities (3,360) (3,249) (5,555)
Net (decrease) increase in cash and cash equivalents (17,782) 10,288 14,786
Cash and cash equivalents at beginning of period 85,000 74,712 59,926
Cash and cash equivalents at end of period $ 67,218 $ 85,000 $ 74,712