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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 0 $ 3,084
Receivables (less allowance for doubtful accounts: September 30, 2018 and December 31, 2017 - $24) 49,991 34,347
Inventory 107,346 93,149
Prepaid expenses 1,885 2,182
Refundable income taxes 2,011 1,980
Total current assets 161,233 134,742
Property and equipment 282,271 267,288
Less accumulated depreciation and amortization (172,344) (164,237)
Property and equipment, net 109,927 103,051
Other assets 2,420 2,535
Total assets 273,580 240,328
Current Liabilities    
Current maturities of long-term debt 382 372
Accounts payable 22,905 30,037
Accrued expenses 8,545 11,171
Total current liabilities 31,832 41,580
Long-term debt, less current maturities 21,133 21,407
Credit agreement - revolver 23,605 2,775
Deferred credits 1,687 2,151
Accrued retirement, health and life insurance benefits 2,913 3,133
Other noncurrent liabilities 1,112 540
Deferred income taxes 936 12
Total liabilities 83,218 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 September 30, 2018 and December 31, 2017, and 16,851,916 and 16,797,420 shares outstanding at September 30, 2018 and December 31, 2017, respectively 6,715 6,715
Additional paid-in capital 14,888 13,912
Retained earnings 188,469 167,129
Accumulated other comprehensive loss (269) (311)
Treasury stock, at cost    
Shares of 1,264,049 at September 30, 2018 and 1,318,545 at December 31, 2017 (19,445) (18,719)
Total stockholders’ equity 190,362 168,730
Total liabilities and stockholders’ equity $ 273,580 $ 240,328