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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 5,284 $ 5,742
Accounts receivable, net 165,782 133,572
Inventories, net (includes LIFO debit of $1,098 and $598 as of March 31, 2020 and December 31, 2019, respectively) 267,554 273,531
Prepaid expenses and other 6,364 6,997
Total current assets 444,984 419,842
Property and equipment, at cost 420,594 416,511
Accumulated depreciation (264,699) (260,264)
Net property and equipment 155,895 156,247
Goodwill 3,423 3,423
Intangible assets, net 28,940 29,259
Other long-term assets 14,569 14,439
Right of use assets, net 30,156 26,345
Total assets 677,967 649,555
Liabilities    
Accounts payable 82,962 69,452
Accrued payroll 8,805 13,196
Other accrued liabilities 12,381 12,850
Current portion of lease liabilities 6,095 5,589
Total current liabilities 110,243 101,087
Credit facility revolver 209,052 192,925
Other long-term liabilities 15,964 14,068
Deferred income taxes 12,127 12,262
Lease liabilities 24,189 20,861
Total liabilities 371,575 341,203
Shareholders' Equity    
Preferred stock
Common stock 132,006 131,647
Treasury stock (480) (335)
Accumulated other comprehensive loss (4,829) (2,281)
Retained earnings 179,695 179,321
Total shareholders' equity 306,392 308,352
Total liabilities and shareholders' equity $ 677,967 $ 649,555