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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net income $ 15,047 $ 13,367
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and amortization 5,554 5,983
Distribution received from equity method investee 7,131 3,300
Deferred income taxes, including change in valuation allowance 577 (749)
Share-based compensation 1,737 1,234
Equity method investment earnings 348 (1,596)
Other, net 0 (230)
Changes in Operating Assets and Liabilities:    
Receivables, net (8,845) (3,328)
Inventory (6,693) (12,894)
Prepaid expenses (1,148) 270
Accounts payable (671) (2,106)
Accounts payable to affiliate, net (168) 196
Accrued expenses (934) (2,814)
Income taxes payable (426) 57
Deferred credit (410) (348)
Accrued retirement health and life insurance benefits (256) (124)
Net cash provided by operating activities 10,843 218
Cash Flows from Investing Activities    
Additions to plant, property and equipment (9,933) (6,088)
Return of equity method investment 299 0
Other, net 0 230
Net cash used in investing activities (9,634) (5,858)
Cash Flows from Financing Activities    
Stock shares repurchased (1,131) 0
Payment of dividends (1,376) (1,378)
Principal payments on long-term debt (177) (2,173)
Proceeds from credit facility 12,467 17,064
Payments on credit facility (4,650) (6,952)
Loan fees incurred with borrowings 0 (114)
Net cash provided by financing activities 5,133 6,447
Increase in cash and cash equivalents 6,342 807
Cash and cash equivalents, beginning of year 1,569 747
Cash and cash equivalents, end of period $ 7,911 $ 1,554