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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 99,449 $ 87,342
Accounts receivable, net of allowance for doubtful accounts of $216 and $225, respectively 81,277 87,162
Inventory 22,398 13,070
Derivative assets 0 112
Income tax receivable 4,147 2,735
Prepayments and other current assets 1,168 2,097
Total current assets 208,439 192,518
Property and equipment, net 31,958 46,325
Investments in unconsolidated affiliates 3,200 2,500
Cash deposits and other assets 4,932 5,529
Total assets 248,529 246,872
Current liabilities:    
Accounts payable 89,339 79,897
Accounts payable – related party 0 53
Derivative liabilities 0 64
Current portion of capital lease obligations 306 0
Other current liabilities 5,860 6,060
Total current liabilities 95,505 86,074
Other long-term liabilities:    
Asset retirement obligations 1,263 2,329
Capital lease obligations 1,465 0
Deferred taxes and other liabilities 5,943 7,157
Total liabilities 104,176 95,560
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 132,238 139,197
Total shareholders’ equity 144,353 151,312
Total liabilities and shareholders’ equity $ 248,529 $ 246,872