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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 279,107 $ 490,925
Restricted cash 339 4,001
Total cash, cash equivalents, and restricted cash 279,446 494,926
Trade accounts receivable, net of allowances of $0.2 million and $0.3 million at December 31, 2023 and December 31, 2022, respectively 367,249 252,885
Inventories 1,160,395 1,041,983
Prepaid and other current assets 182,405 92,043
Total current assets 1,989,495 1,881,837
Property, plant, and equipment    
Property, plant, and equipment 1,577,801 1,224,567
Less accumulated depreciation and amortization (478,413) (388,733)
Property, plant, and equipment, net 1,099,388 835,834
Long-term assets    
Operating lease right-of-use (“ROU”) assets 346,454 350,761
Intangible assets, net 10,918 13,577
Goodwill 129,275 129,325
Other long-term assets 186,655 69,313
Total assets 3,863,950 3,280,647
Current liabilities    
Current maturities of long-term debt 4,255 10,956
Obligations under inventory financing agreements 594,362 893,065
Accounts payable 391,325 151,395
Accrued taxes 40,064 32,099
Operating lease liabilities 72,833 66,081
Other accrued liabilities 421,762 640,494
Total current liabilities 1,524,601 1,794,090
Long-term liabilities    
Long-term debt, net of current maturities 646,603 494,576
Finance lease liabilities 12,438 6,311
Operating lease liabilities 282,517 292,701
Other liabilities 62,367 48,432
Total liabilities 2,528,526 2,636,110
Commitments and Contingencies (Note 18)
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 December 31, 2023 and December 31, 2022, 59,755,844 shares and 60,470,837 shares issued at December 31, 2023 and December 31, 2022, respectively 597 604
Additional paid-in capital 860,797 836,491
Accumulated earnings (deficit) 465,856 (200,687)
Accumulated other comprehensive income 8,174 8,129
Total stockholders’ equity 1,335,424 644,537
Total liabilities and stockholders’ equity 3,863,950 3,280,647
Refining And Logistics Investments    
Long-term assets    
Refining and logistics equity investments and Investment in Laramie Energy, LLC 87,486 0
Laramie Energy Company    
Long-term assets    
Refining and logistics equity investments and Investment in Laramie Energy, LLC $ 14,279 $ 0