XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 86,510 $ 97,825
Restricted cash 7,404 9,492
Accounts receivable, net of allowance for doubtful accounts of $88 and $108, respectively 198,790 137,789
Accounts receivable – related party 5 2
Inventory 29,844 18,942
Derivative assets 2,036 347
Income tax receivable 0 6,424
Prepayments and other current assets 2,058 2,389
Total current assets 326,647 273,210
Property and equipment, net 107,991 88,036
Operating lease right-of-use assets, net 7,906 7,113
Intangible assets, net 10,379 3,317
Goodwill 5,755 0
Other assets 3,445 3,027
Total assets 462,123 374,703
Current liabilities:    
Accounts payable 217,123 168,224
Accounts payable – related party 20 0
Derivative liabilities 129 324
Current portion of finance lease obligations 4,263 3,663
Current portion of operating lease liabilities 2,724 2,178
Other current liabilities 20,972 11,622
Total current liabilities 245,231 186,011
Other long-term liabilities:    
Long-term debt 15,000 0
Asset retirement obligations 2,474 2,376
Finance lease obligations 9,934 9,672
Operating lease liabilities 5,179 4,938
Deferred taxes and other liabilities 15,054 11,320
Total liabilities 292,872 214,317
Commitments and contingencies (Note 16)
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, 4,394,837 and 4,355,001 shares outstanding, respectively 438 433
Contributed capital 18,218 16,913
Retained earnings 150,595 143,040
Total shareholders’ equity 169,251 160,386
Total liabilities and shareholders’ equity $ 462,123 $ 374,703