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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net (losses) earnings $ 1,138 $ (860)
Adjustments to reconcile net (losses) earnings to net cash provided by operating activities:    
Depreciation, depletion and amortization 2,412 3,969
Gains (losses) on sales of property (26) 7
Impairment of oil and natural gas properties 0 3
Deferred income taxes (709) 60
Net change in fair value contracts (2) (420)
Changes in assets and liabilities:    
Accounts receivable 4,200 (1,968)
Inventories (7,075) (7,557)
Income tax receivable 880 (736)
Prepayments and other current assets 153 744
Accounts payable 1,377 17,746
Accrued liabilities 851 1,084
Other 86 78
Net cash provided by operating activities 3,285 12,150
Investing activities:    
Property and equipment additions (866) (1,006)
Proceeds from property sales 132 39
Insurance and state collateral (deposits) refunds 603 476
Net cash used in investing activities (131) (491)
Financing activities:    
Principal repayments of capital lease obligations (83) 0
Dividends paid on common stock (928) (928)
Net cash used in financing activities (1,011) (928)
Increase in cash and cash equivalents 2,143 10,731
Cash and cash equivalents at beginning of period 109,393 87,342
Cash and cash equivalents at end of period $ 111,536 $ 98,073