v3.20.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 147,950 $ 50,436
Marketable securities 179,780 0
Accounts receivable (net of allowance for doubtful accounts of $1,510 and $1,001, respectively) 251,177 858,922
Inventories 160,173 161,429
Prepaid expenses and other assets 57,537 35,473
Restricted cash 3,000 3,000
Total current assets 799,617 1,109,260
Property, plant and equipment, net 602,973 584,577
Right of use assets 30,524 36,899
Goodwill 16,080 16,080
Intangible assets, net 11,346 12,018
Other assets 31,672 26,515
TOTAL ASSETS 1,492,212 1,785,349
CURRENT LIABILITIES:    
Lines of credit 0 76,990
Current maturities of long-term debt 53,640 77,131
Current maturities of operating lease obligations 14,489 15,690
Accounts payable 182,370 369,213
Accrued expenses and other liabilities 18,127 40,776
Deferred revenue 6,387 8,620
Total current liabilities 275,013 588,420
Deferred income taxes 7,145 6,975
Long-term debt (net of debt issuance costs of $1,933 and $2,783, respectively) 16,471 26,130
Long-term operating lease obligations 17,851 30,413
Other liabilities 5,239 1,505
Total liabilities 321,719 653,443
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Common stock ($.0001 par value; 300,000,000 shares authorized; 39,292,154 and 38,967,079 shares outstanding, respectively) 5 5
Common stock—additional paid-in-capital 402,843 438,591
Retained earnings 878,493 800,792
Accumulated other comprehensive income (1,703) (1,994)
Treasury stock (10,551,865 and 10,403,798 shares outstanding, respectively) (109,145) (105,488)
Total equity 1,170,493 1,131,906
TOTAL LIABILITIES AND EQUITY $ 1,492,212 $ 1,785,349

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