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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 25,089 $ 33,256
Restricted cash 10,448 11,990
Accounts receivable, net of allowance for credit losses of $42 and $117, respectively 144,334 164,295
Inventory 30,028 19,827
Income tax receivable 823 0
Prepayments and other current assets 2,322 3,103
Total current assets 213,044 232,471
Property and equipment, net 99,607 105,065
Operating lease right-of-use assets, net 3,971 5,832
Intangible assets, net 6,743 7,985
Goodwill 6,673 6,673
Other assets 2,956 3,308
Total assets 332,994 361,334
Current liabilities:    
Current portion of finance lease obligations 5,843 6,206
Current portion of operating lease liabilities 1,688 2,829
Current portion of long-term debt 2,500 2,500
Other current liabilities 16,720 16,150
Total current liabilities 205,368 210,787
Other long-term liabilities:    
Long-term debt 12,500 19,375
Asset retirement obligations 2,551 2,514
Finance lease obligations 15,248 19,685
Operating lease liabilities 2,293 3,006
Deferred taxes and other liabilities 10,254 13,251
Total liabilities 248,214 268,618
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, 2,577,872 and 2,547,154 shares outstanding, respectively 256 253
Contributed capital 23,066 21,802
Retained earnings 61,458 70,661
Total shareholders’ equity 84,780 92,716
Total liabilities and shareholders’ equity 332,994 361,334
Nonrelated Party    
Current liabilities:    
Accounts payable $ 178,617 $ 183,102