XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 15,897 $ 16,110
Depreciation and amortization 2,996 2,962
Deferred income taxes (556) (742)
Noncash interest income (1,397) 0
Other, net 332 287
Change in assets and liabilities:    
Accounts receivable, net (1,900) (3,634)
Inventories, net (3,199) (7,846)
Accounts payable and accrued liabilities (526) 1,454
Accounts with affiliates 316 (347)
Prepaids and other, net (194) (122)
Net cash provided by operating activities 11,769 8,122
Cash flows from investing activities:    
Capital expenditures (564) (3,008)
Purchases (36,325) 0
Proceeds from maturities 24,000 131
Note receivable from affiliate:    
Collections 21,900 21,100
Advances (20,700) (17,100)
Net cash used in investing activities (11,689) 1,123
Cash flows from financing activities:    
Dividends paid (9,233) (30,803)
Treasury stock acquired 0 (1,744)
Net cash used in financing activities (9,233) (32,547)
Cash and cash equivalents - net change from:    
Operating, investing and financing activities (9,153) (23,302)
Balance at beginning of period 26,748 76,579
Balance at end of period 17,595 53,277
Supplemental disclosures -    
Cash paid for income taxes $ 5,315 $ 6,080