10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-003441`
Period End Date	20180331
Filing Date	20180427
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	uslm-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 32 Cash Flow Statement 49 Comprehensive Income 10

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.27M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$19.07M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$16.47M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.55M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$118.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$117.52M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$307.26M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$300.24M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$194.44M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$190.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$112.83M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$109.72M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$686.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$713.00K	USD	Point-in-time
Total assets	`Assets`	$228.45M	USD	Point-in-time
Total assets	`Assets`	$231.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.70M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$12.37M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$12.84M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.46M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$21.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.19M	USD	Point-in-time
Common stock	`CommonStockValue`	$659.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$659.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$24.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$24.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$52.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$86.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$233.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$237.41M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.77M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$209.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$205.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$231.03M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$228.45M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$35.29M	USD	1 Quarter
Total revenues	`Revenues`	$36.15M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$23.68M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.07M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.24M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.18M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.25M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$27.91M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.04M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.50M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$5.82M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$4.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$59.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$62.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$179.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$353.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$291.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$120.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.94M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$565.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.62M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	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	`ProfitLoss`	$4.62M	USD	1 Quarter
Net income	`ProfitLoss`	$4.26M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.29M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.23M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$8.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$471.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-565.00K	USD	1 Quarter
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-211.00K	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`	$316.00K	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$2.60M	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$3.24M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-616.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-947.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-417.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-43.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-20.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.71M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$84.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-56.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-49.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.14M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.52M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.62M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.21M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$108.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.21M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.51M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$800.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$755.00K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$753.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$73.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$77.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$61.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-830.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-743.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.74M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.10M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	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`	$85.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.81M	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`	$85.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.27M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.26M	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$18.00K	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-10.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.62M	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $10 and $(18) for the 2018 and 2017 periods, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $10 and $(18) for the 2018 and 2017 periods, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$31.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.65M	USD	1 Quarter

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