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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 7,015 $ 6,741
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,603 3,692
Amortization of deferred loan costs 134 135
Stock-based compensation 1,960 1,115
Recoveries for bad debts (26) (32)
Changes in operating assets and liabilities:    
Receivables 1,378 1,383
Income taxes 1,706 1,736
Inventories 75 91
Prepaid expenses 817 99
Right of use asset, net 3  
Accounts payable (1,660) 534
Accrued expenses (1,537) (2,467)
Net cash provided by operating activities 13,468 13,027
Cash flows from investing activities:    
Change in construction payable 2,084 5,394
Acquisition of property and equipment (38,217) (18,204)
Net cash used in investing activities (36,133) (12,810)
Cash flows from financing activities:    
Long-term debt borrowings 16,020  
Net cash provided by financing activities 16,020  
Change in cash (6,645) 217
Cash and cash equivalents at beginning of period 30,462 29,151
Cash and cash equivalents at end of period $ 23,817 29,368
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