Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (unaudited)

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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash $ 4,219 $ 8,389
Trade receivables, net 22,738 22,193
Inventories 12,849 17,871
Prepaid expenses and other assets 3,276 3,511
Taxes receivable 3,764 3,983
Total current assets 46,846 55,947
Plant, pipeline and equipment, net 172,048 140,009
Goodwill 21,798 21,798
Intangible assets, net 21,273 22,669
Investment in AMAK 44,225 49,386
Mineral properties in the United States 588 588
Other assets 21 87
TOTAL ASSETS 306,799 290,484
Current Liabilities    
Accounts payable 12,381 13,306
Current portion of derivative instruments 7 58
Accrued liabilities 6,304 2,017
Current portion of post-retirement benefit 308 316
Current portion of long-term debt 8,061 10,145
Current portion of other liabilities 1,131 870
Total current liabilities 28,192 26,712
Long-term debt, net of current portion 81,011 73,107
Post-retirement benefit, net of current portion 897 897
Other liabilities, net of current portion 1,681 2,309
Deferred income taxes 24,654 23,083
Total liabilities 136,435 126,108
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 55,344 53,474
Common stock in treasury, at cost (203) (284)
Retained earnings 112,483 108,446
Total Trecora Resources Stockholders' Equity 170,075 164,087
Noncontrolling Interest 289 289
Total equity 170,364 164,376
TOTAL LIABILITIES AND EQUITY $ 306,799 $ 290,484