10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001558370-16-008891`
Period End Date	20160930
Filing Date	20161031
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	uslm-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 72 Cash Flow Statement 56 Comprehensive Income 13

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.94M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$19.39M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$15.89M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.73M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.42M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$718.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$91.96M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$281.39M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$271.69M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$167.31M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$177.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$103.43M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$104.38M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$160.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$144.00K	USD	Point-in-time
Total assets	`Assets`	$196.50M	USD	Point-in-time
Total assets	`Assets`	$205.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.22M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.28M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.49M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$19.50M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$19.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.86M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$28.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$29.87M	USD	Point-in-time
Common stock	`CommonStockValue`	$656.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$655.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$22.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$194.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$206.54M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$50.47M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$176.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$166.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$205.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$196.50M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Lime and limestone operations	`RevenueMineralSales`	$36.45M	USD	1 Quarter
Lime and limestone operations	`RevenueMineralSales`	$103.63M	USD	3 Qtrs
Lime and limestone operations	`RevenueMineralSales`	$38.10M	USD	1 Quarter
Lime and limestone operations	`RevenueMineralSales`	$97.59M	USD	3 Qtrs
Natural gas interests	`OilAndGasRevenue`	$577.00K	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$1.95M	USD	3 Qtrs
Natural gas interests	`OilAndGasRevenue`	$554.00K	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$1.49M	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$37.03M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$99.54M	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$105.12M	USD	3 Qtrs
Total revenues	`SalesRevenueNet`	$38.65M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$64.56M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.06M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$67.60M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$22.70M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$3.97M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$11.86M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$4.02M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$11.74M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$79.46M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$26.66M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$76.30M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.08M	USD	1 Quarter
Gross profit	`GrossProfit`	$23.24M	USD	3 Qtrs
Gross profit	`GrossProfit`	$10.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$25.66M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.27M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.21M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.48M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.47M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$7.90M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$15.98M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$18.45M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$8.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$969.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$185.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$57.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$115.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$238.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-651.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$54.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-1.62M	USD	3 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$52.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-3.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$53.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.50M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.36M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.14M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.76M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.66M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.06M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.08M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.60M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.68M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.83M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.89	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.48	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.48	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.89	USD	3 Qtrs
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	3 Qtrs
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	3 Qtrs
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.08M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.60M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.68M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.83M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.03M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$11.92M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$25.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$11.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$311.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-353.00K	USD	3 Qtrs
Loss (gain) on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$107.00K	USD	3 Qtrs
Loss (gain) on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-137.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$908.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$778.00K	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$3.50M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$1.77M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-2.02M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$685.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.62M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-700.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$20.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-341.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$208.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-86.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$585.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$25.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$22.90M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.23M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.08M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$263.00K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$126.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.82M	USD	3 Qtrs
Repayment of term loans	`RepaymentsOfLongTermDebt`	$16.67M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.09M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$700.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$700.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.10M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$700.00K	USD	Point-in-time
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$28.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$153.00K	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$2.82M	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$158.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-18.90M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-4.75M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$9.01M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-3.81M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$59.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$58.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$59.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$58.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$68.94M	USD	Point-in-time

Comprehensive Income 13 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.08M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.60M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.68M	USD	1 Quarter
Mark to market of interest rate hedges, tax expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent`	$241.00K	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.83M	USD	3 Qtrs
Minimum pension liability adjustments, tax expense (benefit)	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	$344.00K	USD	3 Qtrs
Mark to market of interest rate hedges, net of tax expense of $241 for the nine-month period 2015	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$422.00K	USD	3 Qtrs
Minimum pension liability adjustments, net of tax expense of $344 for the nine-month period 2015	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-602.00K	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.02M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.62M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.83M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.08M	USD	1 Quarter

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