10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-003909`
Period End Date	20190331
Filing Date	20190503
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	uslm-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 30 Cash Flow Statement 49 Stockholders Equity 23 Comprehensive Income 10

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.34M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$22.71M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$19.60M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.85M	USD	Point-in-time
Inventories, net	`InventoryNet`	$12.82M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$105.35M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$348.47M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$353.58M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$208.39M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$205.71M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$142.76M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$145.19M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.02M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$514.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$549.00K	USD	Point-in-time
Total assets	`Assets`	$255.07M	USD	Point-in-time
Total assets	`Assets`	$244.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.57M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.43M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.34M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.96M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$12.37M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$13.60M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.37M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$27.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$21.70M	USD	Point-in-time
Common stock	`CommonStockValue`	$661.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$661.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.87M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$254.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$250.57M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$54.17M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$54.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$205.25M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$222.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$209.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$227.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$255.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$244.67M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$37.80M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$35.29M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$25.04M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.07M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.18M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.07M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$28.25M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$29.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.67M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$6.02M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$4.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$62.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$353.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$492.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$430.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$291.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.45M	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`	$5.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.26M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.26M	USD	1 Quarter
Net income	`ProfitLoss`	$5.13M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.12M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.23M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$8.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.25M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$471.00K	USD	1 Quarter
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-386.00K	USD	1 Quarter
Loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-211.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$309.00K	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`	$3.11M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-947.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-25.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-216.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-417.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-31.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-20.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-899.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.71M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$15.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-56.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.52M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.47M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.62M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.68M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$142.00K	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$108.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.54M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.51M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$757.00K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$755.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$73.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$52.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$61.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-743.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-809.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.74M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.12M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.22M	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`	$83.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.22M	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`	$83.27M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Mark to market of foreign exchange hedges, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-10.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-6.00K	USD	1 Quarter
Balances	`StockholdersEquity`	$205.25M	USD	Point-in-time
Balances	`StockholdersEquity`	$222.97M	USD	Point-in-time
Balances	`StockholdersEquity`	$209.05M	USD	Point-in-time
Balances	`StockholdersEquity`	$227.57M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpenses`	$73.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$316.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$309.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$61.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$52.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$757.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$755.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.26M	USD	1 Quarter
Mark to market of foreign exchange hedges, net of $6 tax benefit and $10 tax benefit 2019 and 2018, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of $6 tax benefit and $10 tax benefit 2019 and 2018, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-20.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.11M	USD	1 Quarter
Balances	`StockholdersEquity`	$205.25M	USD	Point-in-time
Balances	`StockholdersEquity`	$222.97M	USD	Point-in-time
Balances	`StockholdersEquity`	$209.05M	USD	Point-in-time
Balances	`StockholdersEquity`	$227.57M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.26M	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-10.00K	USD	1 Quarter
Mark to market on foreign exchange hedges, tax benefit (expense)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-6.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit of $6 and $10 for the 2019 and 2018 periods, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.00K	USD	1 Quarter
Mark to market of foreign exchange hedges, net of tax benefit of $6 and $10 for the 2019 and 2018 periods, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-20.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.11M	USD	1 Quarter

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