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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 0 $ 1,569
Receivables (less allowance for doubtful accounts: March 31, 2017 - $24; December 31, 2016 - $24) 36,387 26,085
Inventory 79,988 78,858
Prepaid expenses 2,426 1,684
Refundable income taxes 0 2,705
Total current assets 118,801 110,901
Property and equipment 249,780 246,219
Less accumulated depreciation and amortization (156,083) (153,428)
Property and equipment, net 93,697 92,791
Equity method investments (Note 2) 19,403 18,934
Other assets 2,672 2,710
Total assets 234,573 225,336
Current Liabilities    
Current maturities of long-term debt 4,362 4,359
Accounts payable 16,506 20,342
Accounts payable to affiliate, net 2,807 3,349
Accrued expenses 7,317 8,945
Income taxes payable 534 0
Total current liabilities 31,526 36,995
Long-term debt, less current maturities 15,126 16,218
Revolving credit facility 24,205 15,424
Deferred credits 2,777 2,978
Accrued retirement, health and life insurance benefits 3,460 3,604
Deferred income taxes 2,942 3,432
Other noncurrent liabilities 399 393
Total liabilities 80,435 79,044
Commitments and Contingencies (Note 6)
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 March 31, 2017 and December 31, 2016, and 16,709,908 and 16,658,765 shares outstanding at March 31, 2017 and December 31, 2016, respectively 6,715 6,715
Additional paid-in capital 14,318 14,279
Retained earnings 150,643 142,652
Accumulated other comprehensive loss, net of tax (414) (373)
Treasury stock, at cost    
Shares of 1,406,057 at March 31, 2017 and 1,457,200 at December 31, 2016 (17,128) (16,985)
Total stockholders’ equity 154,138 146,292
Total liabilities and stockholders’ equity $ 234,573 $ 225,336