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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 1,569 $ 747
Receivables (less allowance for doubtful accounts: December 31, 2016, and 2015 - $24) 26,085 30,670
Inventory 78,858 58,701
Prepaid expenses 1,684 1,062
Refundable income taxes 2,705 0
Total current assets 110,901 91,180
Property and equipment, net of accumulated depreciation and amortization 92,791 83,554
Equity method investments 18,934 18,563
Other assets 2,710 1,013
Total assets 225,336 194,310
Current Liabilities    
Current maturities of long-term debt 4,359 3,345
Accounts payable 20,342 20,940
Accounts payable to affiliate, net 3,349 2,291
Accrued expenses 8,945 10,400
Income taxes payable 0 685
Total current liabilities 36,995 37,661
Long-term debt, less current maturities 16,218 7,579
Revolving credit facility 15,424 22,536
Deferred credits 2,978 3,402
Accrued retirement health and life insurance benefits 3,604 4,136
Other non current liabilities 393 79
Deferred income taxes 3,432 2,757
Total liabilities 79,044 78,150
Commitments and Contingencies – See Notes 4 and 7
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 December 31, 2016 and 2015; 16,658,765 and 16,681,576 shares outstanding at December 31, 2016 and 2015, respectively 6,715 6,715
Additional paid-in capital 14,279 12,383
Retained earnings 142,652 113,531
Accumulated other comprehensive loss (373) (500)
Treasury stock, at cost, 1,457,200 and 1,434,389 shares at December 31, 2016 and 2015, respectively (16,985) (15,973)
Total stockholders’ equity 146,292 116,160
Total liabilities and stockholders’ equity $ 225,336 $ 194,310