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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 109,393 $ 87,342
Accounts receivable, net of allowance for doubtful accounts of $303 and $225, respectively 121,353 87,162
Inventory 12,192 13,070
Derivative assets 166 112
Income tax receivable 1,317 2,735
Prepayments and other current assets 1,264 2,097
Total current assets 245,685 192,518
Property and equipment, net 29,362 46,325
Investments in unconsolidated affiliates 425 2,500
Cash deposits and other assets 7,232 5,529
Total assets 282,704 246,872
Current liabilities:    
Accounts payable 124,706 79,897
Accounts payable – related party 5 53
Derivative liabilities 145 64
Current portion of capital lease obligations 338 0
Other current liabilities 4,404 6,060
Total current liabilities 129,598 86,074
Other long-term liabilities:    
Asset retirement obligations 1,273 2,329
Capital lease obligations 1,351 0
Deferred taxes and other liabilities 3,363 7,157
Total liabilities 135,585 95,560
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Preferred stock – $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock – $0.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 135,004 139,197
Total shareholders’ equity 147,119 151,312
Total liabilities and shareholders’ equity $ 282,704 $ 246,872