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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 130,893 $ 117,066
Accounts receivable, net of allowance for doubtful accounts of $121 and $153, respectively 88,095 85,197
Accounts receivable – related party 0 425
Inventory 29,237 22,779
Derivative assets 274 162
Income tax receivable 1,978 2,404
Prepayments and other current assets 1,609 1,557
Total current assets 252,086 229,590
Property and equipment, net 48,917 44,623
Operating lease right-of-use assets 10,681  
Cash deposits and other assets 2,951 4,657
Total assets 314,635 278,870
Current liabilities:    
Accounts payable 133,325 116,068
Accounts payable – related party 6 29
Derivative liabilities 270 139
Less: Current portion of lease obligation 1,002 883
Current portion of operating lease liabilities 2,160  
Other current liabilities 8,580 6,148
Total current liabilities 145,343 123,267
Other long-term liabilities:    
Asset retirement obligations 1,538 1,525
Total long-term lease obligation 3,428 3,209
Operating lease liabilities 8,523  
Deferred taxes and other liabilities 5,104 4,271
Total liabilities 163,936 132,272
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, 4,217,971 and 4,217,596 shares outstanding, respectively 422 422
Contributed capital 12,071 11,948
Retained earnings 138,206 134,228
Total shareholders’ equity 150,699 146,598
Total liabilities and shareholders’ equity $ 314,635 $ 278,870