XML 17 R5.htm IDEA: XBRL DOCUMENT v3.19.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net earnings $ 4,908 $ 1,138
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,589 2,412
Gains on sales of property (178) (26)
Provision for doubtful accounts (32) 0
Stock-based compensation expense 123 0
Deferred income taxes 834 (709)
Net change in fair value contracts 19 (2)
Gain on dissolution of investment in AREC (498) 0
Changes in assets and liabilities:    
Accounts receivable (2,866) 4,200
Accounts receivable/payable, affiliates (23) 0
Inventories (6,458) (7,075)
Income tax receivable 426 880
Prepayments and other current assets (52) 153
Accounts payable 17,914 1,377
Accrued liabilities 2,432 851
Other 878 86
Net cash provided by operating activities 21,016 3,285
Investing activities:    
Property and equipment additions (8,351) (866)
Proceeds from property sales 543 132
Proceeds from dissolution of AREC 923 0
Insurance and state collateral (deposits) refunds 842 603
Net cash used in investing activities (6,043) (131)
Financing activities:    
Principal repayments of finance lease obligations (218) (83)
Dividends paid on common stock (928) (928)
Net cash used in financing activities (1,146) (1,011)
Increase in cash and cash equivalents 13,827 2,143
Cash and cash equivalents at beginning of period 117,066 109,393
Cash and cash equivalents at end of period $ 130,893 $ 111,536