10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-003053`
Period End Date	20170331
Filing Date	20170428
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	uslm-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 36 Cash Flow Statement 49 Comprehensive Income 8

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$20.02M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$16.78M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.82M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.43M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$105.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$108.72M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$287.89M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$285.59M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$180.61M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$183.12M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$104.77M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$104.98M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$142.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$137.00K	USD	Point-in-time
Total assets	`Assets`	$213.63M	USD	Point-in-time
Total assets	`Assets`	$210.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.11M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$19.29M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$19.83M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.58M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$30.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$29.88M	USD	Point-in-time
Common stock	`CommonStockValue`	$657.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$657.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$23.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$22.83M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-192.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$209.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$213.64M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.40M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$179.64M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$183.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$210.16M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$213.63M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Lime and limestone operations	`RevenueMineralSales`	$35.52M	USD	1 Quarter
Lime and limestone operations	`RevenueMineralSales`	$33.15M	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$432.00K	USD	1 Quarter
Natural gas interests	`OilAndGasRevenue`	$636.00K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$36.15M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$33.59M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$21.83M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$23.68M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$3.91M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$4.24M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$25.74M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$27.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.85M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.40M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.42M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$5.45M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$5.82M	USD	1 Quarter
Interest expense	`InterestExpense`	$59.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$59.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$43.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$179.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$120.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-16.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.94M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.43M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.37M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.62M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
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`	$0.14	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.62M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$3.99M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.29M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$58.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-565.00K	USD	1 Quarter
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-47.00K	USD	1 Quarter
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-50.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$289.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$223.00K	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$3.24M	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$948.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-956.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-616.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-43.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-350.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-815.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$84.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-52.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-49.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$6.14M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.88M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.21M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.94M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.21M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.91M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$696.00K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$800.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$753.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$154.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$77.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$2.73M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.27M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-830.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$700.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$1.10M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$59.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$74.71M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$60.63M	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`	$74.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Mark to market on foreign exchange hedges, tax expense	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$18.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.07M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.62M	USD	1 Quarter
Mark to market on foreign exchange hedges, net of tax expense of $18 for the 2017 period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Mark to market on foreign exchange hedges, net of tax expense of $18 for the 2017 period	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.65M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.07M	USD	1 Quarter

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