Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (unaudited)

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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 1,748 $ 8,389
Trade receivables, net 25,032 22,193
Inventories 15,118 17,871
Prepaid expenses and other assets 3,574 3,511
Taxes receivable 3,200 3,983
Total current assets 48,672 55,947
Plant, pipeline and equipment, net 163,182 140,009
Goodwill 21,798 21,798
Other intangible assets, net 21,738 22,669
Investment in AMAK 45,122 49,386
Mineral properties in the United States 588 588
Other assets 42 87
TOTAL ASSETS 301,142 290,484
Current Liabilities    
Accounts payable 10,839 13,306
Current portion of derivative instruments 19 58
Accrued liabilities 4,596 2,017
Current portion of post-retirement benefit 311 316
Current portion of long-term debt 8,061 10,145
Current portion of other liabilities 2,044 870
Total current liabilities 25,870 26,712
Long-term debt, net of current portion 81,002 73,107
Post-retirement benefit, net of current portion 897 897
Other liabilities, net of current portion 1,829 2,309
Deferred income taxes 23,589 23,083
Total liabilities 133,187 126,108
EQUITY    
Common stock-authorized 40 million shares of $.10 par value; issued 24.5 million in 2017 and 2016 and outstanding 24.3 million and 24.2 million shares in 2017 and 2016, respectively 2,451 2,451
Additional paid-in capital 54,653 53,474
Common stock in treasury, at cost (203) (284)
Retained earnings 110,765 108,446
Total Trecora Resources Stockholders' Equity 167,666 164,087
Noncontrolling Interest 289 289
Total equity 167,955 164,376
TOTAL LIABILITIES AND EQUITY $ 301,142 $ 290,484