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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 347,105 $ 490,925
Restricted cash 18,475 4,001
Total cash, cash equivalents, and restricted cash 365,580 494,926
Trade accounts receivable, net of allowances of $0.1 million and $0.3 million at September 30, 2023 and December 31, 2022, respectively 527,442 252,885
Inventories 1,227,329 1,041,983
Prepaid and other current assets 57,403 92,043
Total current assets 2,177,754 1,881,837
Property, plant, and equipment    
Property, plant, and equipment 1,544,375 1,224,567
Less accumulated depreciation and amortization (455,525) (388,733)
Property, plant, and equipment, net 1,088,850 835,834
Long-term assets    
Operating lease right-of-use assets 329,428 350,761
Refining and logistics equity investments 82,800 0
Intangible assets, net 11,583 13,577
Goodwill 129,275 129,325
Other long-term assets 69,063 69,313
Total assets 3,888,753 3,280,647
Current liabilities    
Current maturities of long-term debt 4,287 10,956
Obligations under inventory financing agreements 841,838 893,065
Accounts payable 519,933 151,395
Accrued taxes 50,283 32,099
Operating lease liabilities 71,626 66,081
Other accrued liabilities 451,621 640,494
Total current liabilities 1,939,588 1,794,090
Long-term liabilities    
Long-term debt, net of current maturities 532,653 494,576
Finance lease liabilities 8,178 6,311
Operating lease liabilities 266,982 292,701
Other liabilities 70,093 48,432
Total liabilities 2,817,494 2,636,110
Commitments and contingencies (Note 15)
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 September 30, 2023 and December 31, 2022, 60,518,417 shares and 60,470,837 shares issued at September 30, 2023 and December 31, 2022, respectively 605 604
Additional paid-in capital 853,835 836,491
Accumulated earnings (deficit) 208,724 (200,687)
Accumulated other comprehensive income 8,095 8,129
Total stockholders’ equity 1,071,259 644,537
Total liabilities and stockholders’ equity $ 3,888,753 $ 3,280,647