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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net (losses) earnings $ 4,758 $ (1,142)
Adjustments to reconcile net (losses) earnings to net cash provided by operating activities:    
Depreciation, depletion and amortization 4,674 7,532
Gains on sales of property (446) (129)
Impairment of oil and natural gas properties 0 3
Provision for doubtful accounts (32) (8)
Stock-based compensation expense 3 0
Deferred income taxes (832) (926)
Net change in fair value contracts (3) (700)
Loss on deconsolidation of subsidiary 0 (1,635)
Changes in assets and liabilities:    
Accounts receivable 2,852 13,581
Accounts receivable/payable, affiliates 0 (151)
Inventories (9,321) (2,887)
Income tax receivable 1,317 (336)
Prepayments and other current assets 67 887
Accounts payable 15,634 3,357
Accrued liabilities 2,441 (483)
Other 125 (461)
Net cash provided by operating activities 21,237 19,772
Investing activities:    
Property and equipment additions (2,728) (2,108)
Proceeds from property sales 655 190
Insurance and state collateral (deposits) refunds 465 347
Net cash used in investing activities (1,608) (1,571)
Financing activities:    
Principal repayments of capital lease obligations (167) 0
Dividends paid on common stock (1,856) (1,856)
Net cash used in financing activities (2,023) (1,856)
Increase in cash and cash equivalents 17,606 16,345
Cash and cash equivalents at beginning of period 109,393 87,342
Cash and cash equivalents at end of period $ 126,999 $ 103,687