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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 256,743 $ 193,383
Short-term investments 8,500 14,675
Trade accounts receivable 131,526 99,471
Income tax receivable 24,274 12,925
Inventories, net 117,563 97,901
Prepaid expenses and other receivables 25,925 25,691
Total current assets 564,531 444,046
Mineral interests, net 107,432 110,130
Property, plant and equipment, net 598,622 606,200
Non-current income tax receivable 0 11,349
Deferred income taxes 151,021 154,297
Other long-term assets 17,568 18,242
Total assets 1,439,174 1,344,264
Current liabilities:    
Accounts payable 54,620 46,436
Accrued expenses 63,476 65,755
Short term financing lease liabilities 8,022 10,146
Other current liabilities 6,608 6,615
Current portion of long-term debt 0 0
Total current liabilities 132,726 128,952
Long-term debt 409,363 339,189
Asset retirement obligations 54,307 53,583
Long term financing lease liabilities 26,106 25,528
Other long-term liabilities 31,550 31,430
Total liabilities 654,052 578,682
Commitments and contingencies
Stockholders’ Equity:    
Common stock, $0.01 par value per share (Authorized -140,000,000 shares as of March 31, 2020 and December 31, 2019, 53,387,591 issued and 51,165,750 outstanding as of March 31, 2020 and 53,293,449 issued and 51,071,608 outstanding as of December 31, 2019) 533 533
Preferred stock, $0.01 par value per share (10,000,000 shares authorized, no shares issued and outstanding) 0 0
Treasury stock, at cost (2,221,841 shares as of March 31, 2020 and December 31, 2019) (50,576) (50,576)
Additional paid in capital 244,525 243,932
Retained earnings 590,640 571,693
Total stockholders’ equity 785,122 765,582
Total liabilities and stockholders’ equity $ 1,439,174 $ 1,344,264