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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net earnings $ 5,554 $ 6,793
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 12,266 7,014
Gains on sales of property (1,386) (890)
Provision for doubtful accounts (36) (95)
Stock-based compensation expense 352 144
Deferred income taxes 1,493 (685)
Net change in fair value contracts 20 5
Gain on dissolution of AREC (573) 0
Changes in assets and liabilities:    
Accounts receivable 8,520 12,830
Accounts receivable/payable, affiliates (23) 1
Inventories (2,121) (22,568)
Income tax receivable (135) 1,317
Prepayments and other current assets 166 (7)
Accounts payable 13,613 22,254
Accrued liabilities 4,561 3,815
Other 871 (103)
Net cash provided by operating activities 43,142 29,825
Investing activities:    
Property and equipment additions (25,425) (7,756)
Asset acquisition (5,624) 0
Proceeds from property sales 2,853 1,314
Proceeds from dissolution of AREC 998 0
Insurance and state collateral (deposits) refunds 750 1,070
Net cash used in investing activities (26,448) (5,372)
Financing activities:    
Principal repayments of finance lease obligations (1,171) (288)
Dividends paid on common stock (2,960) (2,784)
Net cash used in financing activities (4,131) (3,072)
Increase in cash and cash equivalents, including restricted cash 12,563 21,381
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 $ 129,629 $ 130,774