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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 8,974 $ 20,532
Restricted cash 8,784 10,535
Accounts receivable, net of allowance for doubtful accounts of $78 and $88, respectively 158,433 189,039
Inventory 26,523 26,919
Income tax receivable 469 0
Prepayments and other current assets 2,608 3,118
Total current assets 205,791 250,143
Property and equipment, net 111,834 106,425
Operating lease right-of-use assets, net 6,783 7,720
Intangible assets, net 8,837 9,745
Goodwill 6,673 6,428
Other assets 3,564 3,698
Total assets 343,482 384,159
Current liabilities:    
Derivative liabilities 30 330
Current portion of finance lease obligations 6,444 4,382
Current portion of operating lease liabilities 2,802 2,712
Current portion of long-term debt 2,500 0
Other current liabilities 14,011 19,214
Total current liabilities 188,574 231,060
Other long-term liabilities:    
Long-term debt 20,625 24,375
Asset retirement obligations 2,650 2,459
Finance lease obligations 20,693 12,085
Operating lease liabilities 3,986 5,007
Deferred taxes and other liabilities 15,233 15,996
Total liabilities 251,761 290,982
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, 2,534,685 and 2,495,484 shares outstanding, respectively 252 248
Contributed capital 20,943 19,965
Retained earnings 70,526 72,964
Total shareholders’ equity 91,721 93,177
Total liabilities and shareholders’ equity 343,482 384,159
Nonrelated Party    
Current liabilities:    
Accounts payable 162,787 204,391
Accounts payable – related party 162,787 204,391
Related Party    
Current liabilities:    
Accounts payable 0 31
Accounts payable – related party $ 0 $ 31