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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 23,949 $ 133,596
Accounts receivable - net of allowance for doubtful accounts of $443 and $552, respectively 199,656 115,179
Inventories 6,184 4,713
Prepaid expenses 5,123 4,608
Other current assets 748 6,684
Total current assets 235,660 264,780
PROPERTY AND EQUIPMENT - Net of accumulated depreciation 470,910 263,862
OTHER NONCURRENT ASSETS:    
Goodwill 9,425 9,425
Intangible assets - net of amortization 301 589
Deferred revenue rebate - net of amortization 615 2,462
Other noncurrent assets 2,121 304
Total other noncurrent assets 12,462 12,780
TOTAL ASSETS 719,032 541,422
CURRENT LIABILITIES:    
Accounts payable 211,149 129,093
Accrued liabilities 16,607 13,619
Current portion of long-term debt 15,764 16,920
Accrued interest payable 76 109
Total current liabilities 243,596 159,741
DEFERRED INCOME TAXES 4,881 1,148
LONG-TERM DEBT 57,178 159,407
OTHER LONG-TERM LIABILITIES 125 117
Total liabilities 305,780 320,413
COMMITMENTS AND CONTINGENCIES (Note 17)
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 607,466 265,355
Accumulated deficit (194,297) (206,910)
Total shareholders’ equity 413,252 221,009
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 719,032 $ 541,422