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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 111,536 $ 109,393
Accounts receivable, net of allowance for doubtful accounts of $303 and $303, respectively 117,153 121,353
Inventory 19,267 12,192
Derivative assets 312 166
Income tax receivable 437 1,317
Prepayments and other current assets 1,111 1,264
Total current assets 249,816 245,685
Property and equipment, net 27,744 29,362
Investments in unconsolidated affiliates 425 425
Cash deposits and other assets 6,523 7,232
Total assets 284,508 282,704
Current liabilities:    
Accounts payable 126,044 124,706
Accounts payable – related party 5 5
Derivative liabilities 289 145
Current portion of capital lease obligations 341 338
Other current liabilities 5,255 4,404
Total current liabilities 131,934 129,598
Other long-term liabilities:    
Asset retirement obligations 1,334 1,273
Capital lease obligations 1,265 1,351
Deferred taxes and other liabilities 2,646 3,363
Total liabilities 137,179 135,585
Commitments and contingencies (Note 11)
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 135,214 135,004
Total shareholders’ equity 147,329 147,119
Total liabilities and shareholders’ equity $ 284,508 $ 282,704