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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 126,999 $ 109,393
Accounts receivable, net of allowance for doubtful accounts of $271 and $303, respectively 118,533 121,353
Inventory 21,513 12,192
Derivative assets 538 166
Income tax receivable 0 1,317
Prepayments and other current assets 1,197 1,264
Total current assets 268,780 245,685
Property and equipment, net 27,304 29,362
Investments in unconsolidated affiliates 425 425
Cash deposits and other assets 6,618 7,232
Total assets 303,127 282,704
Current liabilities:    
Accounts payable 140,296 124,706
Accounts payable – related party 5 5
Derivative liabilities 514 145
Current portion of capital lease obligations 345 338
Other current liabilities 6,845 4,404
Total current liabilities 148,005 129,598
Other long-term liabilities:    
Asset retirement obligations 1,405 1,273
Capital lease obligations 1,177 1,351
Deferred taxes and other liabilities 2,516 3,363
Total liabilities 153,103 135,585
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock - $0.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,696 11,693
Retained earnings 137,906 135,004
Total shareholders’ equity 150,024 147,119
Total liabilities and shareholders’ equity $ 303,127 $ 282,704