10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-008170`
Period End Date	20180930
Filing Date	20181031
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	uslm-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 64 Cash Flow Statement 53 Comprehensive Income 20

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.17M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$16.47M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$18.37M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.90M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$116.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$118.02M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$300.24M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$330.20M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$190.52M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$201.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$109.72M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$128.67M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$713.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$573.00K	USD	Point-in-time
Total assets	`Assets`	$246.01M	USD	Point-in-time
Total assets	`Assets`	$228.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.85M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.36M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$12.37M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$13.47M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.46M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$26.72M	USD	Point-in-time
Common stock	`CommonStockValue`	$659.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$660.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$24.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.52M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$86.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$233.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$247.09M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.70M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$53.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$219.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$205.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$228.45M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$246.01M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$109.80M	USD	3 Qtrs
Total revenues	`Revenues`	$109.61M	USD	3 Qtrs
Total revenues	`Revenues`	$35.27M	USD	1 Quarter
Total revenues	`Revenues`	$36.93M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$73.08M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$23.14M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$70.45M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$23.69M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$12.85M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.24M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$12.53M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.39M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$82.98M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.08M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$85.93M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$27.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$26.63M	USD	3 Qtrs
Gross profit	`GrossProfit`	$9.55M	USD	1 Quarter
Gross profit	`GrossProfit`	$23.87M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.66M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.59M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.86M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.79M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$4.41M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$16.01M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$6.89M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$19.03M	USD	3 Qtrs
Interest expense	`InterestExpense`	$174.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$56.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$66.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$191.00K	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$665.00K	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$1.31M	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$495.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$261.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$429.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$205.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$491.00K	USD	3 Qtrs
Total other (income) expense	`NonoperatingIncomeExpense`	$1.12M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.13M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.10M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.52M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.96M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.68M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.43M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$281.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.45M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.55M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.79	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.76	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.79	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.76	USD	3 Qtrs
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`	$0.41	USD	3 Qtrs
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.41	USD	3 Qtrs
Cash dividends per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$15.45M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.56M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$13.01M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$12.71M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$11.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$23.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.24M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.12M	USD	3 Qtrs
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-466.00K	USD	3 Qtrs
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-78.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.14M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.07M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$1.46M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$1.90M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-358.00K	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$448.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$325.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-670.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-118.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.57M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.96M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-42.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-191.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.84M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.96M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.69M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.50M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$460.00K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$459.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.23M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.04M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.26M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.27M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$800.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$800.00K	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$800.00K	USD	Point-in-time
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$73.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$72.00K	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$193.00K	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$251.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.44M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.38M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.83M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.53M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.71M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.17M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$82.25M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.45M	USD	3 Qtrs
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-34.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.67M	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$34.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.55M	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$195.00K	USD	3 Qtrs
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-7.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $7 and $34 for the three months and nine months ended September 30, 2018, respectively, and $(34) and $(195) for the three months and nine months ended September 30, 2017, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$337.00K	USD	3 Qtrs
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $7 and $34 for the three months and nine months ended September 30, 2018, respectively, and $(34) and $(195) for the three months and nine months ended September 30, 2017, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$58.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $7 and $34 for the three months and nine months ended September 30, 2018, respectively, and $(34) and $(195) for the three months and nine months ended September 30, 2017, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-113.00K	USD	3 Qtrs
Mark to market of foreign exchange hedges, net of tax benefit (expense) of $7 and $34 for the three months and nine months ended September 30, 2018, respectively, and $(34) and $(195) for the three months and nine months ended September 30, 2017, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-24.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$337.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$58.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-113.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.90M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.34M	USD	3 Qtrs

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