Quarterly report pursuant to sections 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net Income $ 4,786 [1] $ 1,995 [1]
Adjustments to Reconcile Net Income of Arabian American Development Company To Net Cash Provided by (Used in) Operating Activities:    
Depreciation 954 [1] 848 [1]
Amortization of Contractual Based Intangible Asset 63 [1] 63 [1]
Accretion of Notes Receivable Discounts (1) [1] (1) [1]
Unrealized Gain on Derivative Instruments 0 [1] (604) [1]
Share-based Compensation 267 [1] 217 [1]
Deferred Income Taxes (214) [1] 178 [1]
Postretirement Obligation 2 [1] 3 [1]
Equity in (earnings) loss income of AMAK (2,964) [1] 213 [1]
Changes in Operating Assets and Liabilities:    
(Increase) Decrease in Trade Receivables (4,206) [1] 131 [1]
(Increase ) Decrease in Notes Receivable 10 [1] (87) [1]
Decrease in Income Tax Receivable 1,176 [1] 0 [1]
Increase in Inventories (2,457) [1] (1,072) [1]
Increase in Prepaid Expenses (11) [1] (115) [1]
Increase (Decrease) in Accounts Payable and Accrued Liabilities (427) [1] 899 [1]
Increase in Accrued Interest 7 [1] 0 [1]
Increase in Other Liabilities 500 [1] 353 [1]
Net Cash Provided by (Used in) Operating Activities (2,515) [1] 3,021 [1]
INVESTING ACTIVITIES    
Additions to Plant, Pipeline and Equipment (1,492) [1] (1,812) [1]
Addition to Investment in AMAK (7,500) [1] (5) [1]
Cash Used in Investing Activities (8,992) [1] (1,817) [1]
FINANCING ACTIVITIES    
Issuance of Common Stock 0 [1] 105 [1]
Additions to Long-Term Debt 6,000 [1] 0 [1]
Repayment of Long-Term Debt (350) [1] (2,350) [1]
Net Cash Provided by (Used in) Financing Activities 5,650 [1] (2,245) [1]
NET DECREASE IN CASH AND CASH EQUIVALENTS (5,857) [1] (1,041) [1]
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 9,508 [1] 6,674 [1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD 3,651 [1] 5,633 [1]
Supplemental disclosure of cash flow information:    
Cash payments for interest 184 [1] 255 [1]
Cash payments for taxes, net of refunds 0 [1] 550 [1]
Supplemental disclosure of non-cash items:    
Capital expansion amortized to depreciation expense 270 [1] 286 [1]
Unrealized gain on interest rate swap, net of tax expense $ 55 [1] $ 71 [1]
[1] Restated - See Notes 2 and 3