10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-057705`
Period End Date	20130630
Filing Date	20130730
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	uslm-20130630.xml

Filing Contents

This filing contains the following financial statements:

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

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.79M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$17.72M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$14.55M	USD	Point-in-time
Inventories	`InventoryNet`	$14.18M	USD	Point-in-time
Inventories	`InventoryNet`	$14.13M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$59.96M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$242.68M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$246.44M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$135.44M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$128.63M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$111.01M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$114.04M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$245.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$220.00K	USD	Point-in-time
Total assets	`Assets`	$174.25M	USD	Point-in-time
Total assets	`Assets`	$181.87M	USD	Point-in-time
Current installments of debt	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Current installments of debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.71M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.16M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.34M	USD	Point-in-time
Debt, excluding current installments	`LongTermDebtNoncurrent`	$19.17M	USD	Point-in-time
Debt, excluding current installments	`LongTermDebtNoncurrent`	$21.67M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$16.57M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$15.65M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.23M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$53.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$53.89M	USD	Point-in-time
Common stock	`CommonStockValue`	$648.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$649.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$18.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$18.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.99M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$153.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$160.72M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockValue`	$49.59M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockValue`	$49.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$120.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$128.39M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$181.87M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$174.25M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Lime and limestone operations	`RevenueMineralSales`	$33.68M	USD	1 Quarter
Lime and limestone operations	`RevenueMineralSales`	$68.63M	USD	2 Qtrs
Lime and limestone operations	`RevenueMineralSales`	$63.84M	USD	2 Qtrs
Lime and limestone operations	`RevenueMineralSales`	$34.73M	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$2.92M	USD	2 Qtrs
Natural gas interests	`OilAndGasRevenue`	$1.77M	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$1.49M	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$3.89M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$36.50M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$35.17M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$72.53M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$66.76M	USD	2 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$44.25M	USD	2 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$47.70M	USD	2 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$22.61M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.44M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$3.70M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$7.27M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$3.60M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$7.25M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$26.21M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$54.97M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$51.50M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$15.26M	USD	2 Qtrs
Gross profit	`GrossProfit`	$17.56M	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.96M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.59M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.44M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$6.67M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$10.81M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$12.96M	USD	2 Qtrs
Operating profit	`OperatingIncomeLoss`	$6.03M	USD	1 Quarter
Interest expense	`InterestExpense`	$542.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.12M	USD	2 Qtrs
Interest expense	`InterestExpense`	$465.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$954.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$36.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$77.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$51.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$74.00K	USD	2 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-1.07M	USD	2 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-880.00K	USD	2 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-465.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-429.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.89M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.56M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.55M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.61M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.21M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.38M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.63M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.48	USD	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.38M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.63M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$7.38M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$7.41M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$23.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$23.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$689.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$994.00K	USD	2 Qtrs
(Gain) loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-103.00K	USD	2 Qtrs
(Gain) loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$460.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$541.00K	USD	2 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$3.17M	USD	2 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$1.12M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$438.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-288.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$371.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$13.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-419.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$167.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$12.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-202.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.86M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.50M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.01M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.76M	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$42.00K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$51.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.96M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.72M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfLongTermDebt`	$1.25M	USD	2 Qtrs
Repayments of term loans	`RepaymentsOfLongTermDebt`	$2.50M	USD	2 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$212.00K	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
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.45M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-43.22M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-32.07M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$7.09M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$53.37M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$36.87M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.79M	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`	$21.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$36.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.79M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.38M	USD	2 Qtrs
Mark to market of interest rate hedges, tax expenses	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$229.00K	USD	2 Qtrs
Mark to market of interest rate hedges, tax expenses	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.68M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.63M	USD	1 Quarter
Mark to market of interest rate hedges, tax expenses	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$134.00K	USD	2 Qtrs
Mark to market of interest rate hedges, tax expenses	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$122.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.06M	USD	1 Quarter
Mark to market of interest rate hedges, net of tax expenses of $122 and $52, respectively, for the quarters, and $229 and $134, respectively, for the six-month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$235.00K	USD	2 Qtrs
Mark to market of interest rate hedges, net of tax expenses of $122 and $52, respectively, for the quarters, and $229 and $134, respectively, for the six-month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$213.00K	USD	1 Quarter
Mark to market of interest rate hedges, net of tax expenses of $122 and $52, respectively, for the quarters, and $229 and $134, respectively, for the six-month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$90.00K	USD	1 Quarter
Mark to market of interest rate hedges, net of tax expenses of $122 and $52, respectively, for the quarters, and $229 and $134, respectively, for the six-month periods	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$400.00K	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$213.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$235.00K	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$90.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$400.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.15M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.78M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.92M	USD	2 Qtrs

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