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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net (losses) earnings $ (7,924) $ 4,914
Adjustments to reconcile net losses earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,751 7,873
Gains on sales of property (140) (434)
Provision for doubtful accounts (24) (36)
Stock-based compensation expense 304 197
Deferred income taxes (1,534) 1,012
Net change in fair value contracts (12) 19
Gain on dissolution of AREC 0 (573)
Changes in assets and liabilities:    
Accounts receivable 27,103 11,812
Accounts receivable/payable, affiliates 1 (23)
Inventories 6,570 2,802
Income tax receivable (4,733) 187
Prepayments and other current assets 262 (271)
Accounts payable (63,013) 1,505
Accrued liabilities 3,875 3,765
Other 55 999
Net cash provided by (used in) operating activities (30,459) 33,748
Investing activities:    
Property and equipment additions (2,880) (13,121)
Asset acquisition (9,137) (5,611)
Proceeds from property sales 514 1,287
Proceeds from dissolution of AREC 0 998
Insurance and state collateral (deposits) refunds 1,129 774
Net cash used in investing activities (10,374) (15,673)
Financing activities:    
Principal repayments of finance lease obligations (1,070) (651)
Payment of contingent consideration liability (111) 0
Dividends paid on common stock (2,044) (1,944)
Net cash used in financing activities (3,225) (2,595)
(Decrease) Increase in cash and cash equivalents, including restricted cash (44,058) 15,480
Cash and cash equivalents, including restricted cash, at beginning of period 122,255 117,066
Cash and cash equivalents, including restricted cash, at end of period $ 78,197 $ 132,546