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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 12,189 $ 9,812
Accounts receivable, net 219,789 284,570
Inventories, net (includes LIFO reserves of $20,301 and of $19,736 as of December 31, 2022 and 2021, respectively) 416,931 485,029
Prepaid expenses and other 9,197 9,989
Total current assets 658,106 789,400
Property and equipment, at cost 429,810 413,396
Accumulated depreciation (281,478) (266,340)
Net property and equipment 148,332 147,056
Goodwill 10,496 10,496
Intangible assets, net 32,035 33,653
Other long-term assets 14,434 15,241
Right-of use assets, net 28,224 27,726
Total assets 891,627 1,023,572
Liabilities    
Accounts payable 101,446 148,649
Accrued payroll 40,334 44,352
Other accrued liabilities 16,824 25,395
Current portion of lease liabilities 6,098 5,940
Total current liabilities 164,702 224,336
Credit facility revolver 165,658 327,764
Other long-term liabilities 12,619 15,006
Deferred income taxes 10,025 9,890
Lease liabilities 22,655 22,137
Total liabilities 375,659 599,133
Commitments and contingencies (Note 14)  
Shareholders' Equity    
Preferred stock, without par value, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock, without par value, 20,000 shares authorized; 11,130 and 11,124 issued; 11,130 and 11,124 shares outstanding 134,724 133,427
Treasury stock, at cost, 0 and 0 shares held 0 0
Accumulated other comprehensive income (loss) 1,311 (1,996)
Retained earnings 379,933 293,008
Total shareholders' equity 515,968 424,439
Total liabilities and shareholders' equity $ 891,627 $ 1,023,572