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
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 14,366 $ 14,822
Short-term investment 1,753 1,750
Accounts receivable, net 369,434 393,112
Receivables from related parties, net 33,115 28,461
Inventories 11,356 12,020
Prepaid expenses 10,740 13,825
Other current assets 718 758
Other current assets - related parties 2,228 0
Total current assets 443,710 464,748
Property, plant and equipment, net 231,321 251,262
Sand reserves 65,876 65,876
Operating lease right-of-use assets 17,958 20,179
Intangible assets, net 4,521 4,774
Goodwill 12,608 12,608
Other non-current assets 4,450 5,115
Total assets 780,444 824,562
CURRENT LIABILITIES    
Accounts payable 36,690 40,316
Payables to related parties 2 3
Accrued expenses and other current liabilities 36,823 44,408
Current operating lease liability 8,122 8,618
Current portion of long-term debt 1,412 1,165
Income taxes payable 36,558 34,088
Total current liabilities 119,607 128,598
Long-term debt, net of current portion 66,977 81,338
Deferred income tax liabilities 19,722 24,741
Long-term operating lease liability 9,626 11,377
Asset retirement obligations 3,617 4,746
Other liabilities 9,496 10,435
Total liabilities 229,045 261,235
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 46,272,617 and 45,769,283 issued and outstanding at March 31, 2021 and December 31, 2020 463 458
Additional paid in capital 537,378 537,039
Retained earnings 16,455 28,895
Accumulated other comprehensive loss (2,897) (3,065)
Total equity 551,399 563,327
Total liabilities and equity 780,444 824,562
Customer relationships    
CURRENT ASSETS    
Intangible assets, net 365 408
Trade names    
CURRENT ASSETS    
Intangible assets, net $ 4,156 $ 4,366