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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 88,668 $ 39,293
Restricted cash 7,033 12,772
Accounts receivable, net of allowance for doubtful accounts of $113 and $114, respectively 125,910 99,799
Accounts receivable – related party 4 0
Inventory 29,712 19,336
Derivative assets 1,255 61
Income tax receivable 5,846 13,288
Prepayments and other current assets 2,122 2,964
Total current assets 260,550 187,513
Property and equipment, net 90,577 94,134
Operating lease right-of-use assets, net 7,249 8,051
Intangible assets, net 3,700 4,106
Other assets 2,930 2,383
Total assets 365,006 296,187
Current liabilities:    
Accounts payable 151,113 85,991
Derivative liabilities 1,221 52
Current portion of finance lease obligations 4,333 4,112
Current portion of operating lease liabilities 2,184 2,050
Other current liabilities 13,556 22,343
Total current liabilities 172,407 114,548
Other long-term liabilities:    
Long-term debt 8,000 0
Asset retirement obligations 2,342 2,308
Finance lease obligations 11,246 11,507
Operating lease liabilities 5,067 6,000
Deferred taxes and other liabilities 11,093 12,732
Total liabilities 210,155 147,095
Commitments and contingencies (Note 15)
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, 4,251,015 and 4,243,716 shares outstanding, respectively 424 423
Contributed capital 13,655 13,340
Retained earnings 140,772 135,329
Total shareholders’ equity 154,851 149,092
Total liabilities and shareholders’ equity $ 365,006 $ 296,187