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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 3,754 $ 6,068
Depreciation and amortization 926 1,010
Deferred income taxes (151) (250)
Noncash interest income (351) (380)
Other, net 58 44
Change in assets and liabilities:    
Accounts receivable, net (264) (842)
Inventories, net 3,107 1,012
Accounts payable and accrued liabilities (5,990) (4,543)
Accounts with affiliates 265 998
Prepaids and other, net 318 (52)
Net cash provided by operating activities 1,672 3,065
Cash flows from investing activities:    
Capital expenditures (305) (270)
Purchases 0 (13,479)
Proceeds from maturities 12,000 4,000
Note receivable from affiliate:    
Collections 6,000 7,800
Advances (5,200) (6,800)
Net cash provided by (used in) investing activities 12,495 (8,749)
Cash flows from financing activities:    
Dividends paid 3,694 3,077
Cash and cash equivalents - net change from:    
Operating, investing and financing activities 10,473 (8,761)
Balance at beginning of period 41,393 26,748
Balance at end of year 51,866 17,987
Supplemental disclosures -    
Cash paid for income taxes $ 1,071 $ 1,171