XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 99,295 $ 97,825
Restricted cash 8,850 9,492
Accounts receivable, net of allowance for doubtful accounts of $103 and $108, respectively 212,454 137,789
Accounts receivable – related party 1 2
Inventory 42,382 18,942
Derivative assets 1,145 347
Income tax receivable 5,140 6,424
Prepayments and other current assets 1,705 2,389
Total current assets 370,972 273,210
Property and equipment, net 86,543 88,036
Operating lease right-of-use assets, net 6,699 7,113
Intangible assets, net 3,126 3,317
Other assets 2,777 3,027
Total assets 470,117 374,703
Current liabilities:    
Accounts payable 259,451 168,224
Accounts payable – related party 47 0
Derivative liabilities 1,102 324
Current portion of finance lease obligations 3,293 3,663
Current portion of operating lease liabilities 2,258 2,178
Other current liabilities 10,828 11,622
Total current liabilities 276,979 186,011
Other long-term liabilities:    
Asset retirement obligations 2,391 2,376
Finance lease obligations 8,903 9,672
Operating lease liabilities 4,445 4,938
Deferred taxes and other liabilities 11,878 11,320
Total liabilities 304,596 214,317
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, 4,367,866 and 4,355,001 shares outstanding, respectively 435 433
Contributed capital 17,020 16,913
Retained earnings 148,066 143,040
Total shareholders’ equity 165,521 160,386
Total liabilities and shareholders’ equity $ 470,117 $ 374,703