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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 127,670 $ 117,066
Restricted cash 4,876 0
Accounts receivable, net of allowance for doubtful accounts of $117 and $153, respectively 74,499 85,197
Accounts receivable – related party 0 425
Inventory 19,977 22,779
Derivative assets 240 162
Income tax receivable 2,217 2,404
Prepayments and other current assets 1,828 1,557
Total current assets 231,307 229,590
Property and equipment, net 55,555 44,623
Operating lease right-of-use assets 10,093  
Intangible assets 1,936 0
Cash deposits and other assets 2,873 4,657
Total assets 301,764 278,870
Current liabilities:    
Accounts payable 116,983 116,068
Accounts payable – related party 6 29
Derivative liabilities 236 139
Current portion of finance lease obligations 2,116 883
Current portion of operating lease liabilities 2,097  
Other current liabilities 9,913 6,148
Total current liabilities 131,351 123,267
Other long-term liabilities:    
Asset retirement obligations 1,550 1,525
Finance lease obligations 5,473 3,209
Operating lease liabilities 7,999  
Deferred taxes and other liabilities 5,283 4,271
Total liabilities 151,656 132,272
Commitments and contingencies (Note 14)
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, 4,233,587 and 4,217,596 shares outstanding, respectively 423 422
Contributed capital 12,497 11,948
Retained earnings 137,188 134,228
Total shareholders’ equity 150,108 146,598
Total liabilities and shareholders’ equity $ 301,764 $ 278,870