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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 41,471 $ 4,143
Adjustments to reconcile net income to net cash from operating activities:    
Accretion of asset retirement obligations 235 151
Depreciation and amortization 8,680 6,155
Amortization of debt issuance costs 121 14
Stock-based compensation 1,887 1,055
Other income - employee retention tax credit   (2,462)
Deferred income taxes 5,015 (166)
Changes in operating assets and liabilities:    
Accounts receivable (3,194) (1,444)
Prepaid expenses and other current assets 1,807 1,127
Inventories (3,752) (12,243)
Other assets and liabilities (591) (220)
Accounts payable 18,653 5,324
Accrued expenses 7,037 (935)
Net cash from operating activities 77,369 499
Cash flow from investing activities:    
Capital Expenditures (19,742) (3,725)
Net cash from investing activities (19,742) (3,725)
Cash flows from financing activities    
Proceeds from borrowings 1,337 11,600
Payments of dividends (4,998)  
Repayments of borrowings (2,519) (8,208)
Repayments of financed insurance payable (105) (377)
Repayments of financing leased equipment (1,635)  
Net cash from financing activities (7,920) 3,015
Net change in cash and cash equivalents and restricted cash 49,707 (211)
Cash and cash equivalents and restricted cash, beginning of period 22,806 6,710
Cash and cash equivalents and restricted cash, end of period 72,513 6,499
Supplemental cash flow information:    
Cash paid for interest 903 186
Non-cash investing and financing activities:    
Leased assets obtained under new financing leases 3,624  
Capital expenditures included in accounts payable and accrued expenses 13,059 913
Additional asset retirement obligations incurred, net $ 928 $ 26