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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 1,321 $ 2,523
Short-term investments 18,000 0
Accounts receivable, net of allowance for doubtful accounts of $681 and $696 at September 30, 2014 and December 31, 2013, respectively 185,342 136,334
Inventories 14,373 11,130
Assets held for sale with prior period comparable 0 1,242,872
Deferred income taxes 8,085 21,250
Derivative instruments 30,195 17,463
Prepayments and other 31,205 9,989
Total current assets 288,521 1,441,561
Oil and natural gas properties, successful efforts method    
Proved properties 7,635,488 6,695,400
Unproved properties 158,500 168,975
Less accumulated depreciation, depletion and amortization 2,336,114 1,776,802
Oil and natural gas properties, net 5,457,874 5,087,573
Other property and equipment, net 43,355 30,515
Total property, plant and equipment, net 5,501,229 5,118,088
Other Assets    
Other postretirement assets 4,566 8,894
Noncurrent derivative instruments 5,758 5,439
Other assets 32,896 48,230
TOTAL ASSETS 5,832,970 6,622,212
Current Liabilities    
Long-term debt due within one year 0 60,000
Notes payable to banks 0 489,000
Accounts payable 110,955 78,178
Accrued taxes 227,180 8,201
Accrued wages and benefits 39,515 27,036
Accrued capital costs 131,792 93,623
Revenue and royalty payable 65,271 51,519
Liabilities related to assets held for sale with prior period comparable 0 831,570
Derivative instruments 808 30,302
Other 17,917 21,796
Total current liabilities 593,438 1,691,225
Deferred Credits and Other Liabilities    
Long-term debt 632,458 1,093,541
Asset retirement obligations 115,431 108,533
Pension liabilities 41,264 47,484
Deferred income taxes 1,074,690 807,614
Noncurrent derivative instruments 640 398
Other long-term liabilities 13,801 15,398
Total liabilities 2,471,722 3,764,193
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative, $0.01 par value, 5,000,000 shares authorized 0 0
Common shareholders’ equity    
Common stock, $0.01 par value; 150,000,000 shares authorized; 76,098,344 shares and 75,574,156 shares issued at September 30, 2014 and December 31, 2013, respectively 761 756
Premium on capital stock 561,826 523,711
Retained earnings 2,946,390 2,476,616
Accumulated other comprehensive income (loss), net of tax    
Unrealized gain on hedges, net 3,618 13,362
Pension and postretirement plans (26,313) (32,245)
Interest rate swap 0 (1,184)
Deferred compensation plan 3,320 3,259
Treasury stock, at cost; 2,986,201 shares and 2,967,999 shares at September 30, 2014 and December 31, 2013, respectively (128,354) (126,256)
Total shareholders’ equity 3,361,248 2,858,019
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,832,970 $ 6,622,212