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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 126 $ 5,641
Receivables (less allowance for doubtful accounts: September 30, 2015 - $6; December 31, 2014 - $12) 31,659 32,672
Inventory 52,208 34,441
Prepaid expenses 2,239 1,179
Deferred income taxes 5,555 7,924
Refundable income taxes 707 388
Total current assets 92,494 82,245
Property and equipment 219,866 198,176
Less accumulated depreciation and amortization (143,315) (134,295)
Property and equipment, net 76,551 63,881
Equity method investments (Note 2) 18,427 12,373
Other assets 1,923 2,100
Total assets 189,395 160,599
Current Liabilities    
Current maturities of long-term debt 2,400 2,613
Accounts payable 20,775 16,076
Accounts payable to affiliate, net 4,070 3,333
Accrued expenses 10,348 8,010
Other current liabilities 0 716
Total current liabilities 37,593 30,748
Long-term debt, less current maturities 6,512 7,670
Credit facility 19,901 0
Deferred credit 3,579 4,099
Accrued retirement health and life insurance benefits 4,193 4,420
Deferred income taxes 8,333 9,297
Total liabilities $ 80,111 $ 56,234
Commitments and Contingencies (Note 4)
Capital stock    
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares $ 4 $ 4
Common stock    
No par value; authorized 40,000,000 shares; issued 18,115,965 shares at September 30, 2015 and December 31, 2014, and 16,675,816 and 17,674,599 shares outstanding at September 30, 2015 and December 31, 2014, respectively 6,715 6,715
Additional paid-in capital 11,013 9,904
Retained earnings 108,079 89,454
Accumulated other comprehensive loss, net of tax (489) (732)
Treasury stock, at cost    
Shares of 1,440,149 at September 30, 2015 and 441,406 at December 31, 2014 (16,038) (980)
Total stockholders’ equity 109,284 104,365
Total liabilities and stockholders’ equity $ 189,395 $ 160,599