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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 51,008 $ 133,596
Accounts receivable - net of allowance for doubtful accounts of $335 and $552, respectively 160,047 115,179
Inventories 9,148 4,713
Prepaid expenses 5,543 4,608
Other current assets 975 6,684
Total current assets 226,721 264,780
PROPERTY AND EQUIPMENT - Net of accumulated depreciation 399,268 263,862
OTHER NONCURRENT ASSETS:    
Goodwill 9,425 9,425
Intangible assets - net of amortization 373 589
Deferred revenue rebate - net of amortization 1,077 2,462
Other noncurrent assets 1,727 304
Total other noncurrent assets 12,602 12,780
TOTAL ASSETS 638,591 541,422
CURRENT LIABILITIES:    
Accounts payable 181,660 129,093
Accrued liabilities 11,074 13,619
Current portion of long-term debt 7,441 16,920
Accrued interest payable 86 109
Total current liabilities 200,261 159,741
DEFERRED INCOME TAXES 1,315 1,148
LONG-TERM DEBT 34,476 159,407
OTHER LONG-TERM LIABILITIES 124 117
Total liabilities 236,176 320,413
COMMITMENTS AND CONTINGENCIES (Note 9)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, 0 and 16,999,990 shares issued, respectively 0 17
Preferred stock, additional paid-in capital 0 162,494
Common stock, $0.001 par value, 200,000,000 shares authorized, 83,039,854 and 52,627,652 shares issued, respectively 83 53
Additional paid-in capital 606,707 265,355
Accumulated deficit (204,375) (206,910)
Total shareholders’ equity 402,415 221,009
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 638,591 $ 541,422