Company: NC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000789933-25-000041
Chunk: 8

Company: NACCO INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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192  226,740 Stockholders' equity Common stock: Class A, par value $1 per share, 5,888,400 shares outstanding (December 31, 2024 - 5,730,470 shares outstanding)5,888  5,730 Class B, par value $1 per share, convertible into Class A on a one-for-one basis, 1,563,253 shares outstanding (December 31, 2024 - 1,565,359 shares outstanding)1,564  1,566 Capital in excess of par value38,223  34,340 Retained earnings377,280  373,363 Accumulated other comprehensive loss(9,835) (10,052)Total stockholders' equity413,120  404,947 Total liabilities and equity$631,312  $631,687 

See notes to Unaudited Condensed Consolidated Financial Statements. 

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Table of Contents

NACCO INDUSTRIES, INC. AND SUBSIDIARIES 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 THREE MONTHS ENDEDSIX MONTHS ENDED JUNE 30JUNE 302025 20242025 2024 (In thousands, except per share data)Revenues$68,235  $52,345 $133,806 $105,634 Cost of sales61,415  45,327 117,332 91,598 Gross profit6,820  7,018 16,474 14,036 Earnings of unconsolidated operations13,138  13,592 29,124 26,899 Operating expensesSelling, general and administrative expenses19,773  17,720 37,641 33,173 Amortization of intangible assets245 116 407 242 Gain on sale of assets(9)(4,592)(81)(4,603)20,009 13,244 37,967 28,812 Operating (loss) profit (51) 7,366 7,631 12,123 Other (income) expense  Interest expense1,944  1,311 3,718 2,422 Interest income(770)(1,038)(1,635)(2,165)