v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 20,356 $ 19,511
Short-term investments 197,624 128,960
Accounts receivable 53,058 57,609
Allowance for doubtful accounts (366) (401)
Accounts receivable, net 52,692 57,208
Inventories:    
Finished goods 13,819 16,705
Raw materials 2,032 1,605
Total inventories 15,851 18,310
Supplies, prepaid items and other:    
Prepaid insurance 5,544 12,588
Precious metals 13,532 14,538
Supplies 33,241 33,399
Other 5,731 5,380
Total supplies, prepaid items and other 58,048 65,905
Assets held for sale 1,000 3,400
Total current assets 345,571 293,294
Property, plant and equipment, net 833,243 833,525
Other assets:    
Operating lease assets 44,601 45,571
Intangible and other assets, net 1,185 1,149
Total other assets 45,786 46,720
Total assets 1,224,600 1,173,539
Current liabilities:    
Accounts payable 102,591 64,514
Short-term financing 3,624 10,686
Accrued and other liabilities 35,478 29,551
Current portion of long-term debt 774 760
Total current liabilities 142,467 105,511
Long-term debt, net 440,575 440,295
Noncurrent operating lease liabilities 36,497 37,668
Other noncurrent accrued and other liabilities 535 535
Deferred income taxes, net 65,309 69,557
Commitments and contingencies (Note 5)
Stockholders' equity:    
Common stock, $.10 par value; 150 million shares authorized, 91.2 million shares issued 9,117 9,117
Capital in excess of par value 508,493 506,821
Retained earnings 245,771 232,275
Total stockholders' equity 763,381 748,213
Less treasury stock, at cost:    
Common stock, 19.2 million shares (19.5 million shares at December 31, 2025) 224,164 228,240
Total stockholders' equity 539,217 519,973
Total liabilities and stockholders' equity $ 1,224,600 $ 1,173,539