XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 20,532 $ 97,825
Restricted cash 10,535 9,492
Accounts receivable, net of allowance for doubtful accounts of $88 and $108, respectively 189,039 137,789
Accounts receivable – related party 0 2
Inventory 26,919 18,942
Derivative assets 0 347
Income tax receivable 0 6,424
Prepayments and other current assets 3,118 2,389
Total current assets 250,143 273,210
Property and equipment, net 106,425 88,036
Operating lease right-of-use assets, net 7,720 7,113
Intangible assets, net 9,745 3,317
Goodwill 6,428 0
Other assets 3,698 3,027
Total assets 384,159 374,703
Current liabilities:    
Accounts payable 204,391 168,224
Accounts payable – related party 31 0
Derivative liabilities 330 324
Current portion of finance lease obligations 4,382 3,663
Current portion of operating lease liabilities 2,712 2,178
Other current liabilities 19,214 11,622
Total current liabilities 231,060 186,011
Other long-term liabilities:    
Long-term debt 24,375 0
Asset retirement obligations 2,459 2,376
Finance lease obligations 12,085 9,672
Operating lease liabilities 5,007 4,938
Deferred taxes and other liabilities 15,996 11,320
Total liabilities 290,982 214,317
Commitments and contingencies (Note 18)
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, 2,495,484 and 4,355,001 shares outstanding, respectively 248 433
Contributed capital 19,965 16,913
Retained earnings 72,964 143,040
Total shareholders’ equity 93,177 160,386
Total liabilities and shareholders’ equity $ 384,159 $ 374,703