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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 187,964 $ 133,384
Trade receivables, net 38,052 33,592
Inventories 24,313 19,579
Prepaid expenses and other current assets 4,640 3,435
Total current assets 254,969 189,990
Property, plant and equipment:    
Mineral reserves and land 59,307 48,586
Proved natural gas properties, successful-efforts method 15,934 15,934
Buildings and building and leasehold improvements 10,732 9,588
Machinery and equipment 374,000 359,123
Furniture and fixtures 1,312 1,312
Automotive equipment 8,313 7,054
Property, plant and equipment 469,598 441,597
Less accumulated depreciation and depletion (289,803) (269,627)
Property, plant and equipment, net 179,795 171,970
Operating lease right-of-use assets 5,273 5,372
Other assets, net 565 440
Total assets 440,602 367,772
Current liabilities:    
Accounts payable 7,404 7,725
Current portion of operating lease liabilities 1,582 1,411
Accrued expenses 8,505 6,401
Total current liabilities 17,491 15,537
Deferred tax liabilities, net 24,659 25,582
Operating lease liabilities, excluding current portion 3,919 4,129
Other liabilities 1,429 1,436
Total liabilities 47,498 46,684
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $5.00 par value; authorized 500,000 shares; none issued or outstanding
Common stock, $0.10 par value; authorized 30,000,000 shares; 6,731,207 and 6,703,166 shares issued at December 31, 2023 and 2022, respectively 674 671
Additional paid-in capital 37,820 34,528
Retained earnings 412,499 342,504
Less treasury stock; 1,026,651 and 1,021,087 shares at December 31, 2023 and 2022, respectively, at cost (57,889) (56,615)
Total stockholders' equity 393,104 321,088
Total liabilities and stockholders' equity $ 440,602 $ 367,772