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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 38,512 $ 33,256
Restricted cash 11,124 11,990
Accounts receivable, net of allowance for credit losses of $42 and $117, respectively 171,735 164,295
Inventory 19,895 19,827
Income tax receivable 109 0
Prepayments and other current assets 3,328 3,103
Total current assets 244,703 232,471
Property and equipment, net 100,426 105,065
Operating lease right-of-use assets, net 4,702 5,832
Intangible assets, net 7,144 7,985
Goodwill 6,673 6,673
Other assets 3,061 3,308
Total assets 366,709 361,334
Current liabilities:    
Current portion of finance lease obligations 6,075 6,206
Current portion of operating lease liabilities 2,096 2,829
Current portion of long-term debt 2,500 2,500
Other current liabilities 16,484 16,150
Total current liabilities 230,988 210,787
Other long-term liabilities:    
Long-term debt 13,125 19,375
Asset retirement obligations 2,545 2,514
Finance lease obligations 16,567 19,685
Operating lease liabilities 2,617 3,006
Deferred taxes and other liabilities 11,637 13,251
Total liabilities 277,479 268,618
Commitments and contingencies (Note 14)
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, 2,567,700 and 2,547,154 shares outstanding, respectively 255 253
Contributed capital 22,330 21,802
Retained earnings 66,645 70,661
Total shareholders’ equity 89,230 92,716
Total liabilities and shareholders’ equity 366,709 361,334
Nonrelated Party    
Current liabilities:    
Accounts payable $ 203,833 $ 183,102