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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES:      
Net income $ 26,056 $ 19,685 $ 27,148
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 17,617 17,603 16,549
Impairment of long-lived assets 930    
Amortization of deferred financing costs 9 14 15
Deferred income taxes 4,848 20 (7,612)
Loss on disposition of property, plant and equipment 439 624 377
Stock-based compensation 1,524 1,489 1,405
Changes in operating assets and liabilities:      
Trade receivables, net (3,346) (3,129) 308
Inventories, net (542) 700 (1,113)
Prepaid expenses and other current assets (447) 1,377 (1,594)
Other assets 117 (1) 5
Accounts payable and accrued expenses (165) 438 (1,130)
Other liabilities (29) (85) (76)
Net cash provided by operating activities 47,011 38,735 34,282
INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (27,100) (53,762) (21,337)
Proceeds from sale of property, plant and equipment 558 605 592
Net cash used in investing activities (26,542) (53,157) (20,745)
FINANCING ACTIVITIES:      
Cash dividends paid (33,058) (3,022) (3,013)
Proceeds from exercise of stock options 75 73 73
Purchase of treasury shares (444) (411) (309)
Net cash used in financing activities (33,427) (3,360) (3,249)
Net (decrease) increase in cash and cash equivalents (12,958) (17,782) 10,288
Cash and cash equivalents at beginning of period 67,218 85,000 74,712
Cash and cash equivalents at end of period $ 54,260 $ 67,218 $ 85,000