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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 97,825 $ 39,293
Restricted cash 9,492 12,772
Accounts receivable, net of allowance for doubtful accounts of $108 and $114, respectively 137,789 99,799
Accounts receivable – related party 2 0
Inventory 18,942 19,336
Derivative assets 347 61
Income tax receivable 6,424 13,288
Prepayments and other current assets 2,389 2,964
Total current assets 273,210 187,513
Property and equipment, net 88,036 94,134
Operating lease right-of-use assets, net 7,113 8,051
Intangible assets, net 3,317 4,106
Other assets 3,027 2,383
Total assets 374,703 296,187
Current liabilities:    
Accounts payable 168,224 85,991
Derivative liabilities 324 52
Current portion of finance lease obligations 3,663 4,112
Operating lease liabilities 2,178 2,050
Other current liabilities 11,622 22,343
Total current liabilities 186,011 114,548
Other long-term liabilities:    
Asset retirement obligations 2,376 2,308
Total long-term lease obligation 9,672 11,507
Operating lease liabilities 4,938 6,000
Deferred taxes and other liabilities 11,320 12,732
Total liabilities 214,317 147,095
Commitments and contingencies (Note 18)
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, 4,355,001 and 4,243,716 shares outstanding, respectively 433 423
Contributed capital 16,913 13,340
Retained earnings 143,040 135,329
Total shareholders’ equity 160,386 149,092
Total liabilities and shareholders’ equity $ 374,703 $ 296,187