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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 2,280 $ 3,084
Receivables (less allowance for doubtful accounts: June 30, 2018 - $24; December 31, 2017 - $24) 35,758 34,347
Inventory 106,487 93,149
Prepaid expenses 2,802 2,182
Refundable income taxes 1,534 1,980
Total current assets 148,861 134,742
Property and equipment 278,548 267,288
Less accumulated depreciation and amortization (169,712) (164,237)
Property and equipment, net 108,836 103,051
Other assets 2,458 2,535
Total assets 260,155 240,328
Current Liabilities    
Current maturities of long-term debt 379 372
Accounts payable 23,333 30,037
Accrued expenses 7,937 11,171
Total current liabilities 31,649 41,580
Long-term debt, less current maturities 21,225 21,407
Revolving credit facility 18,857 2,775
Deferred credits 1,789 2,151
Accrued retirement, health and life insurance benefits 2,989 3,133
Other noncurrent liabilities 545 540
Deferred income taxes 741 12
Total liabilities 77,795 71,598
Contingencies
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 June 30, 2018 and December 31, 2017, and 16,847,737 and 16,797,420 shares outstanding at June 30, 2018 and December 31, 2017, respectively 6,715 6,715
Additional paid-in capital 14,484 13,912
Retained earnings 180,835 167,129
Accumulated other comprehensive loss (283) (311)
Treasury stock, at cost    
Shares of 1,268,228 at June 30, 2018 and 1,318,545 at December 31, 2017 (19,395) (18,719)
Total stockholders’ equity 182,360 168,730
Total liabilities and stockholders’ equity $ 260,155 $ 240,328