Cash, cash equivalents and restricted cash

6 Months Ended

Jun. 30, 2017

Cash, cash equivalents and restricted cash

Cash, cash equivalents and restricted cash

Note 5. Cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the statement of financial position that sum to the total of the same such amounts shown in the statement of cash flows.

	June 30,
	2017			2016
	(dollars in thousands)
Cash and cash equivalents	$	108,558	$	60,981
Long-term restricted cash		6,793		6,862
Total cash, cash equivalents and long-term restricted cash	$	115,351	$	67,843

The restricted cash balance of $6.8 million as of June 30, 2017 includes a $5.9 million letter of credit associated with the security deposit for the sale leaseback transaction, a $0.8 million letter of credit relating to workers’ compensation insurance and a $0.1 million deposit relating to customs activity. The restricted cash balance of $6.9 million as of June 30, 2016 includes the $5.9 million letter of credit associated with the security deposit for the sale leaseback transaction, a $0.9 million letter of credit relating to workers’ compensation insurance and a $0.1 million deposit relating to customs activity.