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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 396,470 $ 389,652
Short-term investments 7,639 7,647
Accounts receivable, net of allowance of $56,611 and $57,225, respectively 549,626 387,970
Inventory, net 117,049 129,979
Other current assets 128,034 84,289
Total current assets 1,198,818 999,537
Property, plant and equipment, net 3,074,789 2,830,957
Restricted cash held in trust 335,149 331,781
Deferred income taxes 277,464 216,296
Other long-term assets 163,464 125,730
Total assets [1] 5,049,684 4,504,301
Current liabilities:    
Trade accounts payable 375,440 321,030
Accrued liabilities 259,092 223,759
Income taxes payable 20,109 20,360
Current lease liabilities 13,004 6,768
Total current liabilities 667,645 571,917
Long-term debt 2,685,169 2,505,217
Other long-term liabilities 247,202 218,343
Deferred income taxes 4,291 2,486
Total liabilities [1] 3,604,307 3,297,963
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest in subsidiary 795,643 785,091
Shareholders' equity:    
Common shares, par value $0.05 per share: Authorized common shares 32,000; issued 15,695 and 10,661, respectively 785 533
Capital in excess of par value 3,734,480 3,552,756
Accumulated other comprehensive income (loss) (10,530) (10,414)
Retained earnings (accumulated deficit) (2,066,324) (2,092,128)
Less: treasury shares, at cost, 1,161 and 1,161 common shares, respectively (1,315,751) (1,315,751)
Total shareholders' equity 342,660 134,996
Noncontrolling interest 307,074 286,251
Total equity 649,734 421,247
Total liabilities and equity $ 5,049,684 $ 4,504,301
[1] The condensed consolidated balance sheets as of March 31, 2025 and December 31, 2024 include assets and liabilities of variable interest entities. See Note 4—Joint Ventures and Note 14—Special Purpose Acquisition Company for additional information.