$USLM
UNITED STATES LIME & MINERALS INC

2021 Q1 Form 10-Q Financial Statement

#000155837021005260 Filed on April 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $41.67M $38.44M
YoY Change 8.41% 1.7%
Cost Of Revenue $29.87M $28.56M
YoY Change 4.57% -1.88%
Gross Profit $11.81M $9.877M
YoY Change 19.52% 13.62%
Gross Profit Margin 28.33% 25.69%
Selling, General & Admin $3.067M $3.219M
YoY Change -4.72% 20.56%
% of Gross Profit 25.98% 32.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.341M $4.655M
YoY Change 14.74% 12.99%
% of Gross Profit 45.24% 47.13%
Operating Expenses $3.067M $3.219M
YoY Change -4.72% 20.56%
Operating Profit $8.738M $6.658M
YoY Change 31.24% 10.54%
Interest Expense $62.00K $62.00K
YoY Change 0.0% -203.33%
% of Operating Profit 0.71% 0.93%
Other Income/Expense, Net -$28.00K $185.0K
YoY Change -115.14% -62.24%
Pretax Income $8.710M $6.843M
YoY Change 27.28% 6.09%
Income Tax $1.679M $1.299M
% Of Pretax Income 19.28% 18.98%
Net Earnings $7.031M $5.544M
YoY Change 26.82% 8.11%
Net Earnings / Revenue 16.87% 14.42%
Basic Earnings Per Share $1.24 $0.99
Diluted Earnings Per Share $1.24 $0.98
COMMON SHARES
Basic Shares Outstanding 5.651M 5.624M
Diluted Shares Outstanding 5.664M 5.634M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.70M $58.80M
YoY Change 52.55% -13.91%
Cash & Equivalents $89.65M $58.80M
Short-Term Investments
Other Short-Term Assets $2.400M $1.900M
YoY Change 26.32% 26.67%
Inventory $15.41M $13.50M
Prepaid Expenses
Receivables $23.96M $23.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $131.4M $97.40M
YoY Change 34.95% -7.5%
LONG-TERM ASSETS
Property, Plant & Equipment $151.6M $154.1M
YoY Change -1.6% 3.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $398.0K $400.0K
YoY Change -0.5% -20.0%
Total Long-Term Assets $154.0M $154.5M
YoY Change -0.32% 3.12%
TOTAL ASSETS
Total Short-Term Assets $131.4M $97.40M
Total Long-Term Assets $154.0M $154.5M
Total Assets $285.4M $251.9M
YoY Change 13.32% -1.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.675M $4.800M
YoY Change 18.23% -21.31%
Accrued Expenses $3.995M $3.700M
YoY Change 7.97% -2.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.74M $8.600M
YoY Change 24.92% -13.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.768M $2.900M
YoY Change -39.03% -27.5%
Total Long-Term Liabilities $1.768M $2.900M
YoY Change -39.03% -27.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.74M $8.600M
Total Long-Term Liabilities $1.768M $2.900M
Total Liabilities $35.64M $29.70M
YoY Change 20.0% 8.0%
SHAREHOLDERS EQUITY
Retained Earnings $274.3M
YoY Change
Common Stock $30.67M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $249.8M $222.2M
YoY Change
Total Liabilities & Shareholders Equity $285.4M $251.9M
YoY Change 13.3% -1.25%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $7.031M $5.544M
YoY Change 26.82% 8.11%
Depreciation, Depletion And Amortization $5.341M $4.655M
YoY Change 14.74% 12.99%
Cash From Operating Activities $11.62M $11.51M
YoY Change 0.99% 54.06%
INVESTING ACTIVITIES
Capital Expenditures $4.543M $6.106M
YoY Change -25.6% -207.5%
Acquisitions
YoY Change
Other Investing Activities $10.00K $20.00K
YoY Change -50.0% -85.71%
Cash From Investing Activities -$4.533M -$6.090M
YoY Change -25.57% 9.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $95.00K $64.00K
YoY Change 48.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.000M -882.0K
YoY Change 13.38% 8.89%
NET CHANGE
Cash From Operating Activities 11.62M 11.51M
Cash From Investing Activities -4.533M -6.090M
Cash From Financing Activities -1.000M -882.0K
Net Change In Cash 6.089M 4.536M
YoY Change 34.24% 305.0%
FREE CASH FLOW
Cash From Operating Activities $11.62M $11.51M
Capital Expenditures $4.543M $6.106M
Free Cash Flow $7.079M $5.402M
YoY Change 31.04% -58.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
75240
CY2021Q1 dei City Area Code
CityAreaCode
972
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
991-8400
CY2021Q1 dei Security12b Title
Security12bTitle
Common stock, $0.10 par value
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
UNITED STATES LIME & MINERALS INC
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000082020
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
000-04197
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
TX
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
75-0789226
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
5429 LBJ Freeway, Suite 230
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Dallas
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2021Q1 dei Trading Symbol
TradingSymbol
USLM
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5655321
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89651000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83562000
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
23957000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22979000
CY2021Q1 us-gaap Inventory Net
InventoryNet
15409000
CY2020Q4 us-gaap Inventory Net
InventoryNet
15210000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2428000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2245000
CY2021Q1 us-gaap Assets Current
AssetsCurrent
131445000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
123996000
CY2021Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
30003000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3995000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
29457000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
392631000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
274312000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
268186000
CY2021Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
55212000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
388200000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
240993000
CY2021Q1 us-gaap Assets
Assets
285410000
CY2020Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
55117000
CY2020Q4 us-gaap Assets
Assets
279098000
CY2021Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
5675000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4592000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1073000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1187000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
235739000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
151638000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152461000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1929000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2226000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
398000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
415000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1757000
CY2021Q1 us-gaap Liabilities
Liabilities
35640000
CY2020Q4 us-gaap Liabilities
Liabilities
35906000
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
667000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
666000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5809000
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
10743000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
11588000
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
22271000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
21531000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
858000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1030000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1768000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
249770000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
243192000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
285410000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
279098000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
41674000
CY2021Q1 uslm Revenues Percentage
RevenuesPercentage
1.000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38440000
CY2020Q1 uslm Revenues Percentage
RevenuesPercentage
1.000
CY2021Q1 uslm Labor And Other Operating Expenses
LaborAndOtherOperatingExpenses
24593000
CY2021Q1 uslm Labor And Other Operating Expenses Net Percentage
LaborAndOtherOperatingExpensesNetPercentage
0.590
CY2020Q1 uslm Labor And Other Operating Expenses
LaborAndOtherOperatingExpenses
23962000
CY2020Q1 uslm Labor And Other Operating Expenses Net Percentage
LaborAndOtherOperatingExpensesNetPercentage
0.623
CY2021Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
5276000
CY2021Q1 uslm Depreciation Depletion And Amortization Net Percentage
DepreciationDepletionAndAmortizationNetPercentage
0.127
CY2020Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
4601000
CY2020Q1 uslm Depreciation Depletion And Amortization Net Percentage
DepreciationDepletionAndAmortizationNetPercentage
0.120
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29869000
CY2021Q1 uslm Cost Of Goods And Services Sold Net Percentage
CostOfGoodsAndServicesSoldNetPercentage
0.717
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
28563000
CY2020Q1 uslm Cost Of Goods And Services Sold Net Percentage
CostOfGoodsAndServicesSoldNetPercentage
0.743
CY2021Q1 us-gaap Gross Profit
GrossProfit
11805000
CY2021Q1 uslm Gross Profit Net Percentage
GrossProfitNetPercentage
0.283
CY2020Q1 us-gaap Gross Profit
GrossProfit
9877000
CY2020Q1 uslm Gross Profit Net Percentage
GrossProfitNetPercentage
0.257
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3067000
CY2021Q1 uslm Selling General And Administrative Expenses Net Percentage
SellingGeneralAndAdministrativeExpensesNetPercentage
0.074
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3219000
CY2020Q1 uslm Selling General And Administrative Expenses Net Percentage
SellingGeneralAndAdministrativeExpensesNetPercentage
0.084
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8738000
CY2021Q1 uslm Operating Profit Net Percentage
OperatingProfitNetPercentage
0.209
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6658000
CY2020Q1 uslm Operating Profit Net Percentage
OperatingProfitNetPercentage
0.173
CY2021Q1 us-gaap Interest Expense
InterestExpense
62000
CY2021Q1 uslm Interest Expense Net Percentage
InterestExpenseNetPercentage
0.001
CY2020Q1 us-gaap Interest Expense
InterestExpense
62000
CY2020Q1 uslm Interest Expense Net Percentage
InterestExpenseNetPercentage
0.002
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
34000
CY2021Q1 uslm Other Nonoperating Income Expense Net Percentage
OtherNonoperatingIncomeExpenseNetPercentage
-0.001
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
247000
CY2020Q1 uslm Other Nonoperating Income Expense Net Percentage
OtherNonoperatingIncomeExpenseNetPercentage
-0.007
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28000
CY2021Q1 uslm Nonoperating Income Expense Net Percentage
NonoperatingIncomeExpenseNetPercentage
0.000
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
185000
CY2020Q1 uslm Nonoperating Income Expense Net Percentage
NonoperatingIncomeExpenseNetPercentage
-0.005
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8710000
CY2021Q1 uslm Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments Net Percentage
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsNetPercentage
0.209
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6843000
CY2020Q1 uslm Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments Net Percentage
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsNetPercentage
0.178
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1679000
CY2021Q1 uslm Income Tax Expense Benefit Net Percentage
IncomeTaxExpenseBenefitNetPercentage
0.040
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1299000
CY2020Q1 uslm Income Tax Expense Benefit Net Percentage
IncomeTaxExpenseBenefitNetPercentage
0.034
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
7031000
CY2021Q1 uslm Net Income Loss Percentage
NetIncomeLossPercentage
0.169
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5544000
CY2020Q1 uslm Net Income Loss Percentage
NetIncomeLossPercentage
0.144
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
7031000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5544000
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-2000
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7031000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5538000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
243192000
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
547000
CY2021Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
95000
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
905000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6089000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4536000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83562000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
7031000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7031000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
249770000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
217132000
CY2020Q1 uslm Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expenses
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpenses
81000
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
379000
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
64000
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
899000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5544000
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-2000
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5538000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
222167000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
7031000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
5544000
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5341000
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4655000
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2000
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2000
CY2021Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
750000
CY2020Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
990000
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000
CY2020Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
13000
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
547000
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
379000
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
978000
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
200000
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
199000
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
146000
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
183000
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-249000
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-16000
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-14000
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-719000
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
21000
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
11000
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
13000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11622000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11508000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4543000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6106000
CY2021Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
16000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4533000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6090000
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
905000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
899000
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
81000
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
95000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54260000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89651000
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
64000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1000000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-882000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
361000
CY2020Q1 uslm Reduction And Provision For Doubtful Accounts
ReductionAndProvisionForDoubtfulAccounts
-39000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58796000
CY2021Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt;"><span style="white-space:pre-wrap;">1. </span><span style="text-decoration:underline;text-decoration-color:#000000;">Basis of Presentation</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;padding-left:18pt;text-indent:-18pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The condensed consolidated financial statements included herein have been prepared by United States Lime &amp; Minerals, <span style="white-space:pre-wrap;">Inc. (the “Company”) without independent audit. In the opinion of the Company’s management, all adjustments of a normal and recurring nature necessary to present fairly the financial position, results of operations, comprehensive income and cash flows for the periods presented have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form </span><span style="white-space:pre-wrap;">10-K for the period ended December 31, 2020. The results of operations for the three-month period ended March 31, 2021 are not necessarily indicative of operating results for the full year.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">On July 1, 2020, the Company acquired 100% of the equity interest of Carthage Crushed Limestone (“Carthage”), a limestone mining and production company located in Carthage, Missouri, for $8.4<span style="white-space:pre-wrap;"> million cash, subject to adjustment for working capital balances acquired. Carthage produces aggregate and pulverized limestone products that are used primarily in the agricultural, construction, roofing, and industrial industries. Carthage contributed </span>$2.2 million of revenues in the three-months ended March 31, 2021, which are included in the condensed consolidated statements of operations.</p>
CY2021Q1 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:9pt 0pt 0pt 0pt;"><span style="white-space:pre-wrap;">2. </span><span style="text-decoration:underline;text-decoration-color:#000000;">Organization</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:12pt 0pt 0pt 0pt;">The Company is a manufacturer of lime and limestone products, supplying primarily the construction (including highway, road and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The Company is headquartered in Dallas, Texas and operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas through its wholly owned subsidiaries, Arkansas Lime Company, Colorado Lime Company, Texas Lime Company, U.S. Lime Company, U.S. Lime Company – Shreveport, U.S. Lime Company – St. Clair, ART Quarry TRS LLC (DBA Carthage Crushed Limestone) and U.S. Lime Company – Transportation. In addition, the Company, through its wholly owned subsidiary, U.S. Lime Company – O &amp; G, LLC, has royalty and non-operated working interests in natural gas wells located in Johnson County, Texas, in the Barnett Shale Formation.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p>
CY2021Q1 uslm Shipping And Handling Revenues
ShippingAndHandlingRevenues
7800000
CY2020Q1 uslm Shipping And Handling Revenues
ShippingAndHandlingRevenues
6900000
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
41674000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38440000
CY2021Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
5276000
CY2020Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
4601000
CY2021Q1 us-gaap Gross Profit
GrossProfit
11805000
CY2020Q1 us-gaap Gross Profit
GrossProfit
9877000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8738000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6658000
CY2021Q1 us-gaap Assets
Assets
285410000
CY2020Q1 us-gaap Assets
Assets
251867000
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4543000
CY2020Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6106000
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
15000000
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5653336
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
7031000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5544000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5651000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5624000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
13000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
10000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5664000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5634000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2021Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-14000
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
384000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
400000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
7031000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
5544000
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-8000
CY2020Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-2000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7031000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5538000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
398000
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4279000
CY2021Q1 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4495000
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2713000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2866000
CY2021Q1 uslm Inventory Raw Materials And Finished Goods Net Of Reserves
InventoryRawMaterialsAndFinishedGoodsNetOfReserves
7208000
CY2020Q4 uslm Inventory Raw Materials And Finished Goods Net Of Reserves
InventoryRawMaterialsAndFinishedGoodsNetOfReserves
7145000
CY2021Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
8201000
CY2020Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
8065000
CY2021Q1 us-gaap Inventory Net
InventoryNet
15409000
CY2020Q4 us-gaap Inventory Net
InventoryNet
15210000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
0
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2021Q1 us-gaap Lease Cost
LeaseCost
429000
CY2020Q1 us-gaap Lease Cost
LeaseCost
414000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
873000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
590000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
258000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
186000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
36000
CY2021Q1 uslm Lessee Operating Lease Liability Payments Due Year Five And After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndAfterYearFive
54000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1997000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
66000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1931000
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
345000
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
447000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.193
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
900000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16

Files In Submission

Name View Source Status
0001558370-21-005260-index-headers.html Edgar Link pending
0001558370-21-005260-index.html Edgar Link pending
0001558370-21-005260.txt Edgar Link pending
0001558370-21-005260-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
uslm-20210331.xsd Edgar Link pending
uslm-20210331x10q.htm Edgar Link pending
uslm-20210331x10q_htm.xml Edgar Link completed
uslm-20210331xex31d1.htm Edgar Link pending
uslm-20210331xex31d2.htm Edgar Link pending
uslm-20210331xex32d1.htm Edgar Link pending
uslm-20210331xex32d2.htm Edgar Link pending
uslm-20210331xex95d1.htm Edgar Link pending
uslm-20210331_cal.xml Edgar Link unprocessable
uslm-20210331_def.xml Edgar Link unprocessable
uslm-20210331_lab.xml Edgar Link unprocessable
uslm-20210331_pre.xml Edgar Link unprocessable