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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 10,140 $ 11,160
Depreciation and amortization 2,009 1,956
Deferred income taxes (421) (486)
Noncash interest income (855)  
Other, net 232 201
Change in assets and liabilities:    
Accounts receivable, net 2,794 (2,033)
Inventories, net (2,585) (7,735)
Accounts payable and accrued liabilities (1,619) 446
Accounts with affiliates (208) (667)
Prepaids and other, net 281 (1,316)
Net cash provided by operating activities 9,768 1,526
Cash flows from investing activities:    
Capital expenditures (478) (2,215)
Purchases (24,925)  
Proceeds from maturities 12,000  
Note receivable from affiliate:    
Collections 14,700 12,400
Advances (13,700) (10,300)
Net cash used in investing activities (12,403) (115)
Cash flows from financing activities:    
Dividends paid (6,155) (6,189)
Treasury stock acquired   (1,744)
Net cash used in financing activities (6,155) (7,933)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities (8,790) (6,522)
Balance at beginning of period 26,748 76,579
Balance at end of period 17,958 70,057
Supplemental disclosures -    
Cash paid for income taxes $ 3,847 $ 4,603