10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-053616`
Period End Date	20120630
Filing Date	20120802
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	uslm-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 68 Cash Flow Statement 51 Comprehensive Income 20

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.22M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$16.72M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$15.60M	USD	Point-in-time
Inventories	`InventoryNet`	$11.20M	USD	Point-in-time
Inventories	`InventoryNet`	$10.76M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$919.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$50.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$80.94M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$236.74M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$240.84M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$122.10M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$115.42M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$118.73M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$121.32M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$302.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$272.00K	USD	Point-in-time
Total assets	`Assets`	$202.56M	USD	Point-in-time
Total assets	`Assets`	$169.15M	USD	Point-in-time
Current installments of debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Current installments of debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.76M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.38M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.78M	USD	Point-in-time
Debt, excluding current installments	`LongTermDebtNoncurrent`	$24.17M	USD	Point-in-time
Debt, excluding current installments	`LongTermDebtNoncurrent`	$26.67M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$12.50M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$13.57M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.87M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$57.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.55M	USD	Point-in-time
Common stock	`CommonStockValue`	$645.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$647.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$136.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$145.59M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockValue`	$49.53M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockValue`	$8.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$143.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$111.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$169.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$202.56M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Lime and limestone operations	`LimeAndLimestoneOperations`	$33.38M	USD	1 Quarter
Lime and limestone operations	`LimeAndLimestoneOperations`	$63.58M	USD	2 Qtrs
Lime and limestone operations	`LimeAndLimestoneOperations`	$68.63M	USD	2 Qtrs
Lime and limestone operations	`LimeAndLimestoneOperations`	$34.73M	USD	1 Quarter
Natural gas interests	`NaturalGasInterests`	$3.46M	USD	1 Quarter
Natural gas interests	`NaturalGasInterests`	$3.89M	USD	2 Qtrs
Natural gas interests	`NaturalGasInterests`	$1.77M	USD	1 Quarter
Natural gas interests	`NaturalGasInterests`	$6.32M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$36.50M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$72.53M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$69.91M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$36.84M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$43.34M	USD	2 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$23.06M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.44M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$47.70M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$7.27M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$6.75M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$3.38M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$3.70M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$26.44M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$50.09M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.14M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$54.97M	USD	2 Qtrs
Gross profit	`GrossProfit`	$19.81M	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$17.56M	USD	2 Qtrs
Gross profit	`GrossProfit`	$10.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.59M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.08M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.27M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$12.96M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$8.32M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$15.54M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$6.03M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.28M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.12M	USD	2 Qtrs
Interest expense	`InterestExpense`	$542.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$627.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$63.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$42.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$51.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$77.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-585.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-1.22M	USD	2 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-1.07M	USD	2 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-465.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.73M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.89M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.33M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.21M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.72M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.94M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.79M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.61M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.65	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.65	USD	2 Qtrs

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.79M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.61M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.84M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$7.41M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$22.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$23.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$994.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.34M	USD	2 Qtrs
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.00K	USD	2 Qtrs
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-103.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$414.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$541.00K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$4.31M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$1.12M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$438.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-908.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-508.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-288.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$92.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-419.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-202.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$53.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.86M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$16.47M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.76M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.89M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$83.00K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$42.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.72M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.80M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfLongTermDebt`	$2.50M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfLongTermDebt`	$2.50M	USD	2 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$126.00K	USD	2 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$40.79M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$75.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.63M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-43.22M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$10.04M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-32.07M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$53.37M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$53.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.22M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Mark to market of interest rate hedges, tax expenses (credit)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$73.00K	USD	2 Qtrs
Mark to market of interest rate hedges, tax expenses (credit)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$134.00K	USD	2 Qtrs
Mark to market of interest rate hedges, tax expenses (credit)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Mark to market of interest rate hedges, tax expenses (credit)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$-90.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.79M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.61M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Mark to market of interest rate hedges, net of tax expenses (benefit) of $52 and ($90), respectively for the quarters, and $134 and $73, respectively for the six month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$235.00K	USD	2 Qtrs
Mark to market of interest rate hedges, net of tax expenses (benefit) of $52 and ($90), respectively for the quarters, and $134 and $73, respectively for the six month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-156.00K	USD	1 Quarter
Mark to market of interest rate hedges, net of tax expenses (benefit) of $52 and ($90), respectively for the quarters, and $134 and $73, respectively for the six month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$127.00K	USD	2 Qtrs
Mark to market of interest rate hedges, net of tax expenses (benefit) of $52 and ($90), respectively for the quarters, and $134 and $73, respectively for the six month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$90.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-156.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$127.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$235.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$90.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.15M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.74M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.92M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.