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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 13,586 $ 36,273
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,088 1,750
Stock-based compensation expense 3,395 2,844
Gain on disposition of assets, net (51) (1,962)
Deferred income tax provision (1,346) (2,366)
Pension settlement loss   2,277
(Increase) decrease in assets:    
Accounts receivable (2,970) (5,403)
Income taxes receivable 144 (171)
Inventories 9,012 3,231
Current pension assets   509
Prepaid expenses and other current assets (849) 514
Other long-term assets (3,438) (4,477)
Increase (decrease) in liabilities:    
Accounts payable 1,989 3,816
Income taxes payable 1,136 755
Accrued expenses and other liabilities (1,056) 97
Other long-term liabilities 3,242 2,491
Net cash provided by operating activities 24,882 40,178
INVESTING ACTIVITIES    
Capital expenditures (3,574) (8,405)
Proceeds from sale of assets 51 1,129
Net cash used for investing activities (3,523) (7,276)
FINANCING ACTIVITIES    
Payment of dividends (38,845) (14,458)
Cash paid for common stock purchased and retired (933) (910)
Net cash used for financing activities (39,778) (15,368)
Net (decrease) increase in cash and cash equivalents (18,419) 17,534
Cash and cash equivalents at beginning of period 71,952 43,171
Cash and cash equivalents at end of period 53,533 60,705
Supplemental information:    
Income tax payments, net $ 3,372 $ 10,736