10-Q Filing

UNITED STATES LIME & MINERALS INC CIK: 82020 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-015494`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	uslm-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 64 Cash Flow Statement 54 Stockholders Equity 40

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.36M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$39.56M	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$26.71M	USD	Point-in-time
Inventories, net	`InventoryNet`	$17.65M	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`	$2.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$182.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$150.43M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$434.24M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$413.56M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$251.39M	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$264.86M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$162.17M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$169.38M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.14M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.03M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$438.00K	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`	$310.91M	USD	Point-in-time
Total assets	`Assets`	$355.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.14M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$899.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.07M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.69M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$23.05M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$25.24M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$2.31M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$3.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$44.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$37.99M	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`	$33.83M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$31.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$301.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$332.84M	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`	$271.57M	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`	$296.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$311.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$260.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$278.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$316.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$355.88M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$52.31M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$177.86M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$143.15M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$66.46M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$108.02M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$38.22M	USD	1 Quarter
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$81.77M	USD	3 Qtrs
Labor and other operating expenses	`LaborAndOtherOperatingExpenses`	$29.98M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$16.30M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$5.65M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$4.99M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$15.43M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$43.87M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$97.21M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$124.32M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$34.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$53.54M	USD	3 Qtrs
Gross profit	`GrossProfit`	$17.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$22.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$45.94M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$11.03M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.54M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.17M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.15M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$42.51M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$14.20M	USD	1 Quarter
Operating profit	`OperatingIncomeLoss`	$36.77M	USD	3 Qtrs
Operating profit	`OperatingIncomeLoss`	$19.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$190.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$64.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$187.00K	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$578.00K	USD	1 Quarter
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$815.00K	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$272.00K	USD	3 Qtrs
Interest and other income, net	`OtherNonoperatingIncomeExpense`	$147.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$84.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$514.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$85.00K	USD	3 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$625.00K	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.56M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.14M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.28M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.86M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.42M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.51M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$29.43M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.73M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.11	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.00	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.20	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.10	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.19	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.99	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$29.43M	USD	3 Qtrs
Net income	`ProfitLoss`	$34.63M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$15.63M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$16.51M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.05M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.18M	USD	3 Qtrs
(Gain) loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-41.00K	USD	3 Qtrs
(Gain) loss on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$210.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.93M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.68M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$12.40M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$6.26M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$2.37M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-450.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.08M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-844.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$86.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-10.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.45M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$266.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$78.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$96.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.13M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.92M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.73M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.12M	USD	3 Qtrs
Acquisition of a business, net of cash acquired	`PaymentsToAcquireBusinessesGross`	$5.63M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$504.00K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$171.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.56M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.25M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$2.71M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.10M	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.10M	USD	Point-in-time
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$3.40M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$1.10M	USD	Point-in-time
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$83.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$120.00K	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$86.00K	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$95.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.37M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.73M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.30M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.84M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.66M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.56M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$271.57M	USD	Point-in-time
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`	$296.17M	USD	Point-in-time
Balances	`StockholdersEquity`	$311.40M	USD	Point-in-time
Balances	`StockholdersEquity`	$260.61M	USD	Point-in-time
Balances	`StockholdersEquity`	$278.21M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpenses`	$120.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpenses`	$83.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$560.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$571.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$640.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$641.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$547.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$651.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$86.00K	USD	1 Quarter
Treasury shares purchased	`TreasuryStockValueAcquiredCostMethod`	$95.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$1.13M	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$905.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$1.13M	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$1.14M	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$906.00K	USD	1 Quarter
Cash dividends paid	`DividendsCommonStock`	$904.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.63M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$29.43M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.73M	USD	1 Quarter
Balances	`StockholdersEquity`	$271.57M	USD	Point-in-time
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`	$296.17M	USD	Point-in-time
Balances	`StockholdersEquity`	$311.40M	USD	Point-in-time
Balances	`StockholdersEquity`	$260.61M	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.