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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 16,313 $ 20,532
Restricted cash 8,575 10,535
Accounts receivable, net of allowance for doubtful accounts of $117 and $88, respectively 219,263 189,039
Inventory 27,650 26,919
Derivative assets 5 0
Income tax receivable 510 0
Prepayments and other current assets 2,470 3,118
Total current assets 274,786 250,143
Property and equipment, net 111,042 106,425
Operating lease right-of-use assets, net 6,212 7,720
Intangible assets, net 8,407 9,745
Goodwill 6,673 6,428
Other assets 3,475 3,698
Total assets 410,595 384,159
Current liabilities:    
Derivative liabilities 0 330
Current portion of finance lease obligations 6,863 4,382
Current portion of operating lease liabilities 2,769 2,712
Current portion of long-term debt 2,500 0
Other current liabilities 13,856 19,214
Total current liabilities 252,601 231,060
Other long-term liabilities:    
Long-term debt 20,000 24,375
Asset retirement obligations 2,499 2,459
Finance lease obligations 22,292 12,085
Operating lease liabilities 3,446 5,007
Deferred taxes and other liabilities 15,696 15,996
Total liabilities 316,534 290,982
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, 2,546,441 and 2,495,484 shares outstanding, respectively 253 248
Contributed capital 21,653 19,965
Retained earnings 72,155 72,964
Total shareholders’ equity 94,061 93,177
Total liabilities and shareholders’ equity 410,595 384,159
Nonrelated Party    
Current liabilities:    
Accounts payable 226,613 204,391
Accounts payable – related party 226,613 204,391
Related Party    
Current liabilities:    
Accounts payable 0 31
Accounts payable – related party $ 0 $ 31