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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 142,869 $ 126,015
Restricted cash 2,413 2,413
Total cash, cash equivalents, and restricted cash 145,282 128,428
Trade accounts receivable, net of allowances of $1.1 million and $1.2 million at June 30, 2020 and December 31, 2019, respectively 114,499 228,718
Inventories 427,679 615,872
Prepaid and other current assets 32,305 59,156
Total current assets 719,765 1,032,174
Property, plant, and equipment    
Property, plant, and equipment 1,176,672 1,146,983
Less accumulated depreciation, depletion, and amortization (224,684) (185,040)
Property, plant, and equipment, net 951,988 961,943
Long-term assets    
Operating lease right-of-use assets 378,323 420,073
Investment in Laramie Energy, LLC 0 46,905
Intangible assets, net 20,221 21,549
Goodwill 127,997 195,919
Other long-term assets 26,504 21,997
Total assets 2,224,798 2,700,560
Current liabilities    
Current maturities of long-term debt 58,490 12,297
Obligations under inventory financing agreements 433,298 656,162
Accounts payable 111,309 162,402
Deferred revenue 3,012 7,905
Accrued taxes 24,425 30,813
Operating lease liabilities 61,013 79,999
Other accrued liabilities 115,023 84,744
Total current liabilities 806,570 1,034,322
Long-term liabilities    
Long-term debt, net of current maturities 653,956 599,634
Common stock warrants 0 8,206
Finance lease liabilities 7,143 6,227
Operating lease liabilities 321,393 340,909
Other liabilities 43,260 63,020
Total liabilities 1,832,322 2,052,318
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized at June 30, 2020 and December 31, 2019, 53,942,034 shares and 53,254,151 shares issued at June 30, 2020 and December 31, 2019, respectively 539 533
Additional paid-in capital 722,194 715,069
Accumulated deficit (330,839) (67,942)
Accumulated other comprehensive income 582 582
Total stockholders’ equity 392,476 648,242
Total liabilities and stockholders’ equity $ 2,224,798 $ 2,700,560