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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net earnings (losses) $ 9,063 $ (4,851)
Adjustments to reconcile net losses earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,703 13,610
Gains on sales of property (532) (985)
Provision for doubtful accounts (3) (27)
Stock-based compensation expense 641 453
Deferred income taxes (1,664) (1,503)
Net change in fair value contracts (32) (3)
Changes in assets and liabilities:    
Accounts receivable (30,367) (93)
Accounts receivable/payable, affiliates (5) 153
Inventories (5,026) 10,465
Income tax receivable 7,099 (1,782)
Prepayments and other current assets 1,455 142
Accounts payable 68,766 (70,082)
Accrued liabilities 770 4,396
Other (636) 17
Net cash provided by (used in) operating activities 64,232 (50,090)
Investing activities:    
Property and equipment additions (9,929) (3,589)
Asset acquisition 0 (9,163)
Proceeds from property sales 1,886 2,282
Insurance and state collateral (deposits) refunds 0 1,127
Net cash used in investing activities (8,043) (9,343)
Financing activities:    
Borrowings under Credit Agreement 8,000 0
Principal repayments of finance lease obligations (3,240) (1,677)
Payment for financed portion of VEX acquisition (10,000) 0
Net proceeds from sale of equity 2,504 0
Payment of contingent consideration liability 0 (111)
Dividends paid on common stock (3,096) (3,063)
Net cash used in financing activities (5,832) (4,851)
Increase (Decrease) in cash and cash equivalents, including restricted cash 50,357 (64,284)
Cash and cash equivalents, including restricted cash, at beginning of period 52,065 122,255
Cash and cash equivalents, including restricted cash, at end of period $ 102,422 $ 57,971