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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 112,994 $ 117,066
Restricted cash 9,261 0
Accounts receivable, net of allowance for doubtful accounts of $141 and $153, respectively 94,534 85,197
Accounts receivable – related party 0 425
Inventory 26,407 22,779
Derivative assets 0 162
Income tax receivable 2,569 2,404
Prepayments and other current assets 1,559 1,557
Total current assets 247,324 229,590
Property and equipment, net 69,046 44,623
Operating lease right-of-use assets, net 9,576  
Intangible assets, net 1,597 0
Cash deposits and other assets 3,299 4,657
Total assets 330,842 278,870
Current liabilities:    
Accounts payable 147,851 116,068
Accounts payable – related party 5 29
Derivative liabilities 0 139
Current portion of finance lease obligations 2,167 883
Operating lease liabilities 2,252  
Other current liabilities 7,302 6,148
Total current liabilities 159,577 123,267
Other long-term liabilities:    
Asset retirement obligations 1,573 1,525
Total long-term lease obligation 4,376 3,209
Operating lease liabilities 7,323  
Deferred taxes and other liabilities 6,352 4,271
Total liabilities 179,201 132,272
Commitments and contingencies (Note 17)
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, 4,235,533 and 4,217,596 shares outstanding, respectively 423 422
Contributed capital 12,778 11,948
Retained earnings 138,440 134,228
Total shareholders’ equity 151,641 146,598
Total liabilities and shareholders’ equity $ 330,842 $ 278,870