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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 15,980 $ 12,111
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,430 7,675
Amortization of deferred loan costs 269 269
Stock-based compensation 3,012 2,163
(Recoveries) Provision for bad debts (19) 37
Loss on disposition of assets 4 4
Changes in operating assets and liabilities:    
Receivables 1,941 928
Income taxes receivable 1,548 (1,235)
Inventories 35 (94)
Prepaid expenses 434 612
Accounts payable (773) (1,439)
Accrued expenses (1,392) (2,729)
Net cash provided by operating activities 28,469 18,302
Cash flows from investing activities:    
Proceeds from sale of assets   86
Change in construction payable 13,562 (104)
Acquisition of property and equipment (54,819) (20,449)
Net cash used in investing activities (41,257) (20,467)
Cash flows from financing activities:    
Net exercise of stock options
Excess tax benefit from stock-based compensation
Long-term debt borrowings 10,770  
Net cash provided by financing activities 10,770  
Net decrease in cash (2,018) (2,165)
Cash and cash equivalents at beginning of period 29,151 26,383
Cash and cash equivalents at end of period 27,133 24,218
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized   209
Cash paid for income taxes 2,250 7,925
Return of assets under capital lease:    
Accounts payable   (105)
Accrued expenses   $ (13)
ASC 606 Changes | ASU 2014-09    
Adjustment to beginning retained earnings for accounting changes in accordance with the new revenue recognition standard    
Accrued expenses $ 4,858