v3.26.3
BUSINES SEGMENTS (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Intersegment sales prices are market-based and are eliminated in consolidation. Other includes activities that are not attributable to our reportable segments. Information for each segment is provided in the tables that follow (in thousands).

Three Months Ended
September 30, 2026		Potash
Trio®
OtherEliminationsConsolidated
Sales$31,281 $19,064 $689 $— $51,034 
Less: Freight costs3,013 4,124 — — 7,137 
         Warehousing and handling
         costs		1,747 1,059 — — 2,806 
         Cost of goods sold22,685 8,051 67 — 30,803 
         Lower of cost or net realizable
          value inventory adjustments 		247 — — — 247 
Gross Margin $3,589 $5,830 $622 $— $10,041 
Depreciation, depletion, and amortization incurred1
$7,495 $1,038 $567 $— $9,100 
Nine Months Ended
September 30, 2026		Potash
Trio®
OtherEliminationsConsolidated
Sales$108,002 $107,325 $1,077 $— $216,404 
Less: Freight costs11,090 23,827 — — 34,917 
         Warehousing and handling
         costs		5,086 4,610 — — 9,696 
         Cost of goods sold78,913 46,777 400 — 126,090 
         Lower of cost or net realizable
          value inventory adjustments		1,339 — — — 1,339 
Gross Margin $11,574 $32,111 $677 $— $44,362 
Depreciation, depletion, and amortization incurred1
$23,658 $2,989 $1,704 $— $28,351 
Three Months Ended
September 30, 2025		Potash
Trio®
OtherEliminationsConsolidated
Sales$32,479 $18,094 $274 $(40)$50,807 
Less: Freight costs3,146 3,473 — (40)6,579 
         Warehousing and handling
         costs		1,613 996 — — 2,609 
         Cost of goods sold21,050 9,255 956 — 31,261 
         Lower of cost or net realizable
          value inventory adjustments		406 — — — 406 
Gross Margin (Deficit)$6,264 $4,370 $(682)$— $9,952 
Depreciation, depletion, and amortization incurred1
$7,275 $824 $744 $— $8,843 
Nine Months Ended
September 30, 2025		Potash
Trio®
OtherEliminationsConsolidated
Sales$110,050 $101,148 $1,829 $(157)$212,870 
Less: Freight costs12,592 22,646 — (157)35,081 
         Warehousing and handling
         costs		5,142 4,071 — — 9,213 
         Cost of goods sold76,531 51,541 2,710 — 130,782 
         Lower of cost or net realizable
          value inventory adjustments 		2,160 — — — 2,160 
Gross Margin (Deficit)$13,625 $22,890 $(881)$— $35,634 
Depreciation, depletion and amortization incurred1
$22,828 $2,538 $2,279 $— $27,645 
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 September 30,Nine Months Ended September 30,
2026202520262025
Total segment sales$51,034 $50,847 $216,404 $213,027 
Elimination of intersegment sales— (40)— (157)
Total consolidated sales$51,034 50,807 $216,404 $212,870 
Total segment gross margin$10,041 $9,952 $44,362 $35,634 
Elimination of intersegment sales— (40)— (157)
Elimination of intersegment expenses— 40 — 157 
Unallocated amounts:
Selling and administrative9,679 8,992 30,974 27,072 
Impairment of long-lived assets— — — 1,866 
Loss (gain) on disposal of assets74 2 40 (1,420)
Accretion of asset retirement obligation776 649 2,329 1,948 
Other operating income (1,294)(1,145)(3,583)(3,650)
Other operating expense597 970 7,105 4,220 
Equity in loss of unconsolidated entities2 86 13 318 
Interest expense, net— 36 — 207 
Interest income(1,422)(776)(3,416)(1,802)
Other non-operating (income) expense(96)(24)(217)796 
Income from continuing operations before income taxes$1,725 $1,162 $11,117 $6,079 
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 September 30, 2026Potash
Trio®
OtherTotal
Labor and benefits$7,176 $3,458 $— $10,634 
Maintenance1,641 929 — 2,570 
Utilities and fuel1,550 373 — 1,923 
Operating supplies1,809 1,117 — 2,926 
Depreciation6,221 397 14 6,632 
Other1
4,288 1,777 53 6,118 
Total cost of goods sold$22,685 $8,051 $67 $30,803 
For the Nine Months Ended September 30, 2026Potash
Trio®
OtherTotal
Labor and benefits$25,824 $19,839 $— $45,663 
Maintenance5,939 6,137 — 12,076 
Utilities and fuel5,881 2,687 — 8,568 
Operating supplies4,774 6,659 — 11,433 
Depreciation22,360 2,179 73 24,612 
Other1
14,135 9,276 327 23,738 
Total cost of goods sold$78,913 $46,777 $400 $126,090 
For the Three Months Ended September 30, 2025Potash
Trio®
OtherTotal
Labor and benefits$6,681 $3,788 $— $10,469 
Maintenance1,710 1,312 — 3,022 
Utilities and fuel1,669 614 — 2,283 
Operating supplies1,478 1,380 — 2,858 
Depreciation5,587 392 558 6,537 
Other1
3,925 1,769 398 6,092 
Total cost of goods sold$21,050 $9,255 $956 $31,261 
For the Nine Months Ended September 30, 2025Potash
Trio®
OtherTotal
Labor and benefits$24,359 $21,994 $— $46,353 
Maintenance6,007 6,853 — 12,860 
Utilities and fuel6,171 3,321 — 9,492 
Operating supplies4,701 7,633 — 12,334 
Depreciation20,738 2,456 1,387 24,581 
Other1
14,555 9,284 1,323 25,162 
Total cost of goods sold$76,531 $51,541 $2,710 $130,782 
1 Other expense includes property taxes, insurance, royalties, and other miscellaneous expenses.