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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net earnings $ 4,914 $ 4,758
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 7,873 4,674
Gains on sales of property (434) (446)
Provision for doubtful accounts (36) (32)
Stock-based compensation expense 197 3
Deferred income taxes 1,012 (832)
Net change in fair value contracts 19 (3)
Gain on dissolution of AREC (573) 0
Changes in assets and liabilities:    
Accounts receivable 11,812 2,852
Accounts receivable/payable, affiliates (23) 0
Inventories 2,802 (9,321)
Income tax receivable 187 1,317
Prepayments and other current assets (271) 67
Accounts payable 1,505 15,634
Accrued liabilities 3,765 2,441
Other 999 125
Net cash provided by operating activities 33,748 21,237
Investing activities:    
Property and equipment additions (13,121) (2,728)
Asset acquisition (5,611) 0
Proceeds from property sales 1,287 655
Proceeds from dissolution of AREC 998 0
Insurance and state collateral (deposits) refunds 774 465
Net cash used in investing activities (15,673) (1,608)
Financing activities:    
Principal repayments of finance lease obligations (651) (167)
Dividends paid on common stock (1,944) (1,856)
Net cash used in financing activities (2,595) (2,023)
Increase in cash and cash equivalents, including restricted cash 15,480 17,606
Cash and cash equivalents, including restricted cash, at beginning of period 117,066 109,393
Cash and cash equivalents, including restricted cash, at end of period $ 132,546 $ 126,999