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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 130,774 $ 109,393
Accounts receivable, net of allowance for doubtful accounts of $208 and $303, respectively 108,662 121,353
Inventory 34,760 12,192
Derivative assets 263 166
Income tax receivable 0 1,317
Prepayments and other current assets 1,271 1,264
Total current assets 275,730 245,685
Property and equipment, net 30,918 29,362
Investment in unconsolidated affiliate 425 425
Cash deposits and other assets 6,239 7,232
Total assets 313,312 282,704
Current liabilities:    
Accounts payable 146,895 124,706
Accounts payable – related party 6 5
Derivative liabilities 247 145
Current portion of capital lease obligations 568 338
Other current liabilities 8,219 4,404
Total current liabilities 155,935 129,598
Other long-term liabilities:    
Asset retirement obligations 1,414 1,273
Capital lease obligations 2,041 1,351
Deferred taxes and other liabilities 2,655 3,363
Total liabilities 162,045 135,585
Commitments and contingencies (Note 12)
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 11,837 11,693
Retained earnings 139,008 135,004
Total shareholders’ equity 151,267 147,119
Total liabilities and shareholders’ equity $ 313,312 $ 282,704