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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 7,911 $ 1,569
Receivables (less allowance for doubtful accounts: June 30, 2017 - $24; December 31, 2016 - $24) 34,930 26,085
Inventory 85,551 78,858
Prepaid expenses 2,832 1,684
Refundable income taxes 3,131 2,705
Total current assets 134,355 110,901
Property and equipment 252,586 246,219
Less accumulated depreciation and amortization (158,812) (153,428)
Property and equipment, net 93,774 92,791
Equity method investments 11,152 18,934
Other assets 2,665 2,710
Total assets 241,946 225,336
Current Liabilities    
Current maturities of long-term debt 4,366 4,359
Accounts payable 16,140 20,342
Accounts payable to affiliate, net 3,181 3,349
Accrued expenses 8,009 8,945
Total current liabilities 31,696 36,995
Long-term debt, less current maturities 14,034 16,218
Revolving credit facility 25,332 15,424
Deferred credits 2,568 2,978
Accrued retirement, health and life insurance benefits 3,415 3,604
Deferred income taxes 4,009 3,432
Other noncurrent liabilities 402 393
Total liabilities 81,456 79,044
Commitments and Contingencies
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 June 30, 2017 and December 31, 2016, and 16,715,939 and 16,658,765 shares outstanding at June 30, 2017 and December 31, 2016, respectively 6,715 6,715
Additional paid-in capital 14,723 14,279
Retained earnings 156,325 142,652
Accumulated other comprehensive loss, net of tax (454) (373)
Treasury stock, at cost    
Shares of 1,400,026 at June 30, 2017 and 1,457,200 at December 31, 2016 (16,823) (16,985)
Total stockholders’ equity 160,490 146,292
Total liabilities and stockholders’ equity $ 241,946 $ 225,336