v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 111,469 $ 163,154
Restricted cash and cash equivalents 20,673 20,545
Accounts and other receivables, net 16,974 23,739
Inventories, net 32,901 28,366
Prepaid expenses and other 1,671 2,154
Total current assets 183,688 237,958
Other assets:    
Restricted cash and cash equivalents 372 491
Note receivable from affiliate 8,900 9,300
Marketable securities 19,356 28,015
Investment in Kronos Worldwide, Inc. 259,405 250,278
Goodwill 27,156 27,156
Other assets, net 931 1,034
Total other assets 316,120 316,274
Property and equipment:    
Land 5,390 5,390
Buildings 23,272 23,262
Equipment 77,063 75,605
Construction in progress 464 589
Property and equipment, gross 106,189 104,846
Less accumulated depreciation 82,293 80,820
Net property and equipment 23,896 24,026
Total assets 523,704 578,258
Current liabilities:    
Accounts payable 4,117 3,758
Accrued litigation settlement 16,588 16,431
Accrued and other current liabilities 9,937 12,032
Accrued environmental remediation and related costs 2,706 58,135
Payables to affiliates 633 706
Total current liabilities 33,981 91,062
Noncurrent liabilities:    
Long-term debt from affiliate 500 500
Accrued environmental remediation and related costs 10,595 11,143
Deferred income taxes 60,272 53,391
Accrued pension costs 76 76
Other 1,269 6,183
Total noncurrent liabilities 72,712 71,293
NL stockholders' equity:    
Preferred stock
Common stock 6,107 6,105
Additional paid-in capital 299,349 299,099
Retained earnings 307,284 315,056
Accumulated other comprehensive loss (215,158) (223,356)
Total NL stockholders' equity 397,582 396,904
Noncontrolling interest in subsidiary 19,429 18,999
Total equity 417,011 415,903
Total liabilities and equity 523,704 578,258
Commitments and contingencies (Notes 13 and 15)