v3.19.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 123,062 $ 123,575
Marketable securities 17,482 50,932
Accounts receivable (net of allowance for doubtful accounts of $460 and $673, respectively) 104,989 74,551
Inventories 220,566 168,900
Prepaid expenses and other assets 33,401 41,169
Restricted cash 3,000 3,000
Current assets held for sale 3,250 3,250
Total current assets 505,750 465,377
Property, plant and equipment, net 588,471 590,723
Right of use assets 42,109  
Goodwill 16,080 16,080
Intangible assets, net 13,312 13,646
Other assets 20,677 21,270
TOTAL ASSETS 1,186,399 1,107,096
CURRENT LIABILITIES:    
Lines of credit 102,612 14,250
Current maturities of long-term debt 150,339 149,006
Current maturities of operating lease obligations 17,606  
Accounts payable 86,893 95,866
Accrued expenses and other liabilities 26,440 35,256
Deferred revenue 13,315 300
Total current liabilities 397,205 294,678
Unfavorable lease obligation 0 2,259
Deferred income taxes 7,973 8,410
Long-term debt (net of debt issuance costs of $3,217 and $3,390, respectively) 31,505 33,421
Long-term operating lease obligations 34,883 0
Other liabilities 1,592 3,075
Total liabilities 473,158 341,843
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Common stock ($.0001 par value; 300,000,000 shares authorized; 37,618,131 and 37,318,942 shares outstanding, respectively) 5 5
Common stock—additional paid-in-capital 452,646 451,427
Retained earnings 377,324 427,244
Accumulated other comprehensive income (2,018) (1,656)
Treasury stock (11,673,962 and 11,524,975 shares outstanding, respectively) (114,716) (111,767)
Total equity 713,241 765,253
TOTAL LIABILITIES AND EQUITY $ 1,186,399 $ 1,107,096

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