10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-006263`
Period End Date	20220331
Filing Date	20220428
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	uslm-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 30 Cash Flow Statement 50 Stockholders Equity 16

Balance Sheet 53 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.36M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$26.71M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$32.87M	USD	Point-in-time
Inventories, net	`InventoryNet`	$16.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$15.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.24M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$152.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$150.43M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$413.56M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$424.09M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$255.93M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$251.39M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$162.17M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$168.15M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.39M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.14M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$442.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$450.00K	USD	Point-in-time
Total assets	`Assets`	$316.20M	USD	Point-in-time
Total assets	`Assets`	$324.75M	USD	Point-in-time
Total assets	`Assets`	$285.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.43M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$909.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$899.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.86M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.94M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$23.49M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$23.05M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.31M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.57M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$37.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$38.44M	USD	Point-in-time
Common stock	`CommonStockValue`	$669.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$669.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$32.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$31.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$309.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$301.61M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$55.93M	USD	Point-in-time
Less treasury stock, at cost	`TreasuryStockCommonValue`	$55.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$243.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$249.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$286.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$278.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$324.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$316.20M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$50.91M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$41.67M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$31.26M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$24.59M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$5.18M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$5.28M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$36.44M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$29.87M	USD	1 Quarter
Gross profit	`GrossProfit`	$11.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$14.47M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.63M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.07M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$8.74M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$10.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$62.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$34.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$60.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-28.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-3.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.83M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.71M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.03M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.24	USD	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$7.03M	USD	1 Quarter
Net income	`ProfitLoss`	$8.67M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$5.25M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$5.34M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$750.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$438.00K	USD	1 Quarter
(Gain) loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.00K	USD	1 Quarter
(Gain) loss on disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$52.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$547.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$651.00K	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$978.00K	USD	1 Quarter
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$5.68M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$1.25M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$199.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$183.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-992.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-6.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-16.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-719.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-988.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$11.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$25.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.06M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.62M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.52M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.54M	USD	1 Quarter
Acquisition of a business	`PaymentsToAcquireBusinessesGross`	$5.89M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$75.00K	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$10.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.53M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.33M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.13M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$905.00K	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.10M	USD	Point-in-time
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$95.00K	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$86.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.22M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.49M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.09M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.86M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.86M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.36M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$243.19M	USD	Point-in-time
Balances	`StockholdersEquity`	$249.77M	USD	Point-in-time
Balances	`StockholdersEquity`	$286.31M	USD	Point-in-time
Balances	`StockholdersEquity`	$278.21M	USD	Point-in-time
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$651.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$547.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$95.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$86.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$905.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$1.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.03M	USD	1 Quarter
Balances	`StockholdersEquity`	$243.19M	USD	Point-in-time
Balances	`StockholdersEquity`	$249.77M	USD	Point-in-time
Balances	`StockholdersEquity`	$286.31M	USD	Point-in-time
Balances	`StockholdersEquity`	$278.21M	USD	Point-in-time

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