Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 7,245 $ 67,625
Accounts receivable, net 385,626 337,460
Receivables from related parties 37,400 11,164
Inventories 22,114 21,302
Prepaid expenses 10,196 11,317
Other current assets 699 688
Total current assets 463,280 449,556
Property, plant and equipment, net 408,408 436,699
Sand reserves 69,762 71,708
Operating lease right-of-use assets 52,184 0
Intangible assets, net 7,188 7,756
Goodwill 101,245 101,245
Other non-current assets 6,843 6,127
Total assets 1,108,910 1,073,091
CURRENT LIABILITIES    
Accounts payable 72,671 68,843
Payables to related parties 1,020 370
Accrued expenses and other current liabilities 42,658 59,652
Current operating lease liability 17,338 0
Income taxes payable 30,780 104,958
Total current liabilities 164,467 233,823
Long-term debt 82,036 0
Deferred income tax liabilities 56,580 79,309
Long-term operating lease liability 34,807 0
Asset retirement obligation 3,534 3,164
Other liabilities 4,270 2,743
Total liabilities 345,694 319,039
COMMITMENTS AND CONTINGENCIES (Note 19)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 45,004,795 and 44,876,649 issued and outstanding at June 30, 2019 and December 31, 2018 450 449
Additional paid in capital 533,151 530,919
Retained earnings 232,990 226,765
Accumulated other comprehensive loss (3,375) (4,081)
Total equity 763,216 754,052
Total liabilities and equity 1,108,910 1,073,091
Customer relationships    
CURRENT ASSETS    
Intangible assets, net 1,563 1,711
Trade names    
CURRENT ASSETS    
Intangible assets, net $ 5,625 $ 6,045