Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Cash and cash equivalents $ 182,373 $ 154,049
Accounts receivable, inclusive of the blenders' tax credit of $11,409 and $30,895 and net of allowances for bad debt of $0 and $0, at September 30, 2016 and December 31, 2015, respectively 29,986 46,319
Accounts receivable – related parties 31 10
Inventory 47,948 64,957
Income tax receivable 15,299 14,114
Prepaid expenses 538 1,642
Prepaid expenses – related parties 35
Marketable securities 111,009 74,667
Deferred financing costs 144 144
Other current assets 1,052 3,887
Total current assets 388,380 359,824
Property, plant and equipment, net 119,152 124,330
Intangible assets 1,408 1,408
Deferred financing costs 361 469
Other assets 3,733 3,078
Total noncurrent assets 124,654 129,285
Total Assets 513,034 489,109
Liabilities and Stockholders’ Equity    
Accounts payable 24,589 34,442
Accounts payable – related parties 463 244
Current deferred income tax liability 4,080 7,060
Deferred revenue – short-term 4,471 2,680
Contingent liability – short-term 1,151 1,151
Accrued expenses and other current liabilities 6,541 2,976
Total current liabilities 41,295 48,553
Deferred revenue – long-term 16,852 15,908
Other noncurrent liabilities 2,999 1,219
Noncurrent deferred income tax liability 24,396 29,117
Total noncurrent liabilities 44,247 46,244
Total liabilities 85,542 94,797
Commitments and contingencies:
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value, 75,000,000 shares authorized, 43,721,376 and 43,715,832, issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 4 4
Accumulated other comprehensive income 4,254 2,055
Additional paid in capital 280,420 279,231
Retained earnings 142,814 113,022
Total stockholders’ equity 427,492 394,312
Total Liabilities and Stockholders’ Equity $ 513,034 $ 489,109