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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 117,066 $ 109,393
Accounts receivable, net of allowance for doubtful accounts of $153 and $303, respectively 85,197 121,353
Accounts receivable – related party 425 0
Inventory 22,779 12,192
Derivative assets 162 166
Income tax receivable 2,404 1,317
Prepayments and other current assets 1,557 1,264
Total current assets 229,590 245,685
Property and equipment, net 44,623 29,362
Investment in unconsolidated affiliate 0 425
Cash deposits and other assets 4,657 7,232
Total assets 278,870 282,704
Current liabilities:    
Accounts payable 116,068 124,706
Accounts payable – related party 29 5
Derivative liabilities 139 145
Current portion of capital lease obligations 883 338
Other current liabilities 6,148 4,404
Total current liabilities 123,267 129,598
Other long-term liabilities:    
Asset retirement obligations 1,525 1,273
Capital lease obligations 3,209 1,351
Deferred taxes and other liabilities 4,271 3,363
Total liabilities 132,272 135,585
Commitments and contingencies (Note 15)
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 11,948 11,693
Retained earnings 134,228 135,004
Total shareholders’ equity 146,598 147,119
Total liabilities and shareholders’ equity $ 278,870 $ 282,704