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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 0 $ 747
Receivables (less allowance for doubtful accounts: September 30, 2016 - $24; December 31, 2015 - $24) 37,174 30,670
Inventory 75,611 58,701
Prepaid expenses 779 1,062
Refundable income taxes 549 0
Total current assets 114,113 91,180
Property and equipment 239,986 229,914
Less accumulated depreciation and amortization (152,357) (146,360)
Property and equipment, net 87,629 83,554
Equity method investments (Note 2) 17,518 18,563
Other assets 897 1,013
Total assets 220,157 194,310
Current Liabilities    
Current maturities of long-term debt 4,356 3,345
Accounts payable 17,713 20,940
Accounts payable to affiliate, net 2,484 2,291
Accrued expenses 7,673 10,400
Income taxes payable 592 685
Total current liabilities 32,818 37,661
Long-term debt, less current maturities 17,309 7,579
Revolving credit facility 23,801 22,536
Deferred credit 3,178 3,402
Accrued retirement, health and life insurance benefits 3,921 4,136
Deferred income taxes 1,541 2,757
Other noncurrent liabilities (197) 79
Total liabilities 82,371 78,150
Commitments and Contingencies (Note 4)
Capital stock    
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares 4 4
Common stock    
No par value; authorized 40,000,000 shares; issued 18,115,965 shares at September 30, 2016 and December 31, 2015, and 16,656,953 and 16,681,576 shares outstanding at September 30, 2016 and December 31, 2015, respectively 6,715 6,715
Additional paid-in capital 12,938 11,356
Retained earnings 135,739 114,558
Accumulated other comprehensive loss, net of tax (556) (500)
Treasury stock, at cost    
Shares of 1,459,012 at September 30, 2016 and 1,434,389 at December 31, 2015 (17,054) (15,973)
Total stockholders’ equity 137,786 116,160
Total liabilities and stockholders’ equity $ 220,157 $ 194,310