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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 62,080 $ 126,015
Restricted cash 2,413 2,413
Total cash, cash equivalents, and restricted cash 64,493 128,428
Trade accounts receivable, net of allowances of $1.2 million at March 31, 2020 and December 31, 2019 191,788 228,718
Inventories 319,540 615,872
Prepaid and other current assets 36,694 59,156
Total current assets 612,515 1,032,174
Property, plant, and equipment    
Property, plant, and equipment 1,163,822 1,146,983
Less accumulated depreciation, depletion, and amortization (204,724) (185,040)
Property, plant, and equipment, net 959,098 961,943
Long-term assets    
Operating lease right-of-use assets 396,013 420,073
Investment in Laramie Energy, LLC 1,874 46,905
Intangible assets, net 20,886 21,549
Goodwill 127,997 195,919
Other long-term assets 22,538 21,997
Total assets 2,140,921 2,700,560
Current liabilities    
Current maturities of long-term debt 12,318 12,297
Obligations under inventory financing agreements 399,718 656,162
Accounts payable 96,561 162,402
Deferred revenue 7,884 7,905
Accrued taxes 27,343 30,813
Operating lease liabilities 67,508 79,999
Other accrued liabilities 116,543 84,744
Total current liabilities 727,875 1,034,322
Long-term liabilities    
Long-term debt, net of current maturities 597,571 599,634
Common stock warrants 0 8,206
Finance lease liabilities 7,251 6,227
Operating lease liabilities 331,926 340,909
Other liabilities 45,910 63,020
Total liabilities 1,710,533 2,052,318
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized at March 31, 2020 and December 31, 2019, 53,837,321 shares and 53,254,151 shares issued at March 31, 2020 and December 31, 2019, respectively 538 533
Additional paid-in capital 719,547 715,069
Accumulated deficit (290,279) (67,942)
Accumulated other comprehensive income 582 582
Total stockholders’ equity 430,388 648,242
Total liabilities and stockholders’ equity $ 2,140,921 $ 2,700,560