v3.26.1
BUSINES SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Intersegment sales prices are market-based and are eliminated in the "Corporate and Other" column. Information for each segment is provided in the tables that follow (in thousands).

Three Months Ended
June 30, 2026		Potash
Trio®
Corporate and OtherConsolidated
Sales$30,602 $35,723 $360 $66,685 
Less: Freight costs2,591 8,459 — 11,050 
         Warehousing and handling
         costs		1,632 1,414 — 3,046 
         Cost of goods sold21,191 14,407 72 35,670 
         Lower of cost or net realizable
          value inventory adjustments 		270 — — 270 
Gross Margin $4,918 $11,443 $288 $16,649 
Depreciation, depletion, and amortization incurred1
$7,727 $992 $581 $9,300 
Six Months Ended
June 30, 2026		Potash
Trio®
Corporate and OtherConsolidated
Sales$76,721 $88,261 $388 $165,370 
Less: Freight costs8,077 19,703 — 27,780 
         Warehousing and handling
         costs		3,339 3,551 — 6,890 
         Cost of goods sold56,228 38,726 333 95,287 
         Lower of cost or net realizable
          value inventory adjustments		1,092 — — 1,092 
Gross Margin $7,985 $26,281 $55 $34,321 
Depreciation, depletion, and amortization incurred1
$16,163 $1,951 $1,137 $19,251 
Three Months Ended
June 30, 2025		Potash
Trio®
Corporate and OtherConsolidated
Sales$33,994 $33,212 $330 $67,536 
Less: Freight costs3,660 7,409 (58)11,011 
         Warehousing and handling
         costs		1,818 1,296 — 3,114 
         Cost of goods sold23,239 16,421 971 40,631 
         Lower of cost or net realizable
          value inventory adjustments		419 — — 419 
Gross Margin (Deficit)$4,858 $8,086 $(583)$12,361 
Depreciation, depletion, and amortization incurred1
$7,302 $871 $773 $8,946 
Six Months Ended
June 30, 2025		Potash
Trio®
Corporate and OtherConsolidated
Sales$77,571 $83,054 $1,438 $162,063 
Less: Freight costs9,446 19,173 (117)28,502 
         Warehousing and handling
         costs		3,529 3,075 — 6,604 
         Cost of goods sold55,481 42,286 1,754 99,521 
         Lower of cost or net realizable
          value inventory adjustments 		1,754 — — 1,754 
Gross Margin (Deficit)$7,361 $18,520 $(199)$25,682 
Depreciation, depletion and amortization incurred1
$15,553 $1,715 $1,534 $18,802 
1 Depreciation, depletion, and amortization incurred for potash and Trio® excludes depreciation, depletion and amortization amounts absorbed in or relieved from inventory.
Reconciliation of Reportable Segment Sales to Consolidated Sales and Segment Gross Margins to Consolidated Income Before Taxes
The following table shows the reconciliation of reportable segment sales to consolidated sales and the reconciliation of segment gross margins to consolidated income before taxes (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Total sales for reportable segments$66,685 $67,594 $165,370 $162,180 
Elimination of intersegment sales— (58)— (117)
Total consolidated sales$66,685 67,536 $165,370 $162,063 
Total gross margin for reportable segments$16,649 $12,361 34,321 $25,682 
Elimination of intersegment sales— (58)— (117)
Elimination of intersegment expenses— 58 — 117 
Unallocated amounts:
Selling and administrative10,022 8,925 21,295 18,080 
Impairment of long-lived assets— 1,204 — 1,866 
Gain on disposal of assets(6)(1,262)(34)(1,422)
Accretion of asset retirement obligation777 650 1,553 1,299 
Other operating income (1,129)(1,222)(2,289)(2,505)
Other operating expense5,922 2,654 6,508 3,250 
Equity in loss of unconsolidated entities11 232 11 232 
Interest expense, net— 66 — 171 
Interest income(1,327)(651)(1,994)(1,026)
Other non-operating (income) expense(73)354 (121)820 
Income from continuing operations before income taxes$2,452 $1,411 $9,392 $4,917 
Significant Components of Cost of Goods Sold by Segment
Significant components of cost of goods sold are also provided to our CODM to further evaluate segment performance and are shown below (in thousands):
For the Three Months Ended June 30, 2026Potash
Trio®
OtherTotal
Labor and benefits$6,997 $6,051 $— $13,048 
Maintenance1,586 1,853 — 3,439 
Utilities and fuel1,539 784 — 2,323 
Operating supplies1,032 1,941 — 2,973 
Depreciation5,977 703 2 6,682 
Other1
4,060 3,075 70 7,205 
Total cost of goods sold$21,191 $14,407 $72 $35,670 
For the Six Months Ended June 30, 2026Potash
Trio®
OtherTotal
Labor and benefits$18,648 $16,381 $— $35,029 
Maintenance4,298 5,208 — 9,506 
Utilities and fuel4,331 2,314 — 6,645 
Operating supplies2,965 5,542 — 8,507 
Depreciation16,139 1,783 58 17,980 
Other1
9,847 7,498 275 17,620 
Total cost of goods sold$56,228 $38,726 $333 $95,287 
For the Three Months Ended June 30, 2025Potash
Trio®
OtherTotal
Labor and benefits$7,473 $7,000 $— $14,473 
Maintenance1,756 2,225 — 3,981 
Utilities and fuel1,849 1,054 — 2,903 
Operating supplies1,215 2,324 — 3,539 
Depreciation6,416 783 431 7,630 
Other1
4,530 3,035 540 8,105 
Total cost of goods sold$23,239 $16,421 $971 $40,631 
For the Six Months Ended June 30, 2025Potash
Trio®
OtherTotal
Labor and benefits$17,678 $18,206 $— $35,884 
Maintenance4,297 5,541 — 9,838 
Utilities and fuel4,502 2,707 — 7,209 
Operating supplies3,222 6,253 — 9,475 
Depreciation15,151 2,064 829 18,044 
Other1
10,631 7,515 925 19,071 
Total cost of goods sold$55,481 $42,286 $1,754 $99,521 
1 Other expense includes property taxes, insurance, royalties, and other miscellaneous expenses.