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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 413,376 $ 451,025
Short-term investments 15,683 1,290
Accounts receivable, net of allowance of $52,584 and $52,895, respectively 297,388 327,397
Inventory, net 152,236 127,947
Other current assets 99,451 92,964
Total current assets 978,134 1,000,623
Property, plant and equipment, net 2,963,898 3,026,100
Restricted cash held in trust 105,444 284,841
Deferred income taxes 243,997 257,320
Other long-term assets 171,794 160,970
Total assets [1] 4,463,267 4,729,854
Current liabilities:    
Trade accounts payable 301,751 314,041
Accrued liabilities 206,223 247,575
Income taxes payable 31,052 27,990
Current lease liabilities 5,239 6,784
Total current liabilities 544,265 596,390
Long-term debt 2,503,250 2,537,540
Other long-term liabilities 308,492 377,671
Deferred income taxes 1,771 2,858
Total liabilities [1] 3,357,778 3,514,459
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest in subsidiary 513,817 678,604
Shareholders' equity:    
Common shares, par value $0.05 per share: Authorized common shares 32,000; issued 10,635 and 10,505, respectively 531 525
Capital in excess of par value 3,537,574 3,536,373
Accumulated other comprehensive income (loss) (10,290) (11,038)
Retained earnings (accumulated deficit) (1,809,414) (1,841,153)
Less: treasury shares, at cost, 1,090 and 1,090 common shares, respectively (1,315,751) (1,315,751)
Total shareholders' equity 402,650 368,956
Noncontrolling interest 189,022 167,835
Total equity 591,672 536,791
Total liabilities and equity $ 4,463,267 $ 4,729,854
[1] The condensed consolidated balance sheets as of June 30, 2023 and December 31, 2022 include assets and liabilities of variable interest entities. See Note 3—Joint Ventures for additional information.