XML 52 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 34,924us-gaap_CashAndCashEquivalentsAtCarryingValue $ 27,385us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables:    
Trade, net of allowance for doubtful accounts 136,161us-gaap_AccountsReceivableNetCurrent 115,908us-gaap_AccountsReceivableNetCurrent
Unbilled receivables 38,002us-gaap_UnbilledContractsReceivable 49,535us-gaap_UnbilledContractsReceivable
Insurance recoveries 10,900us-gaap_EstimatedInsuranceRecoveries 8,607us-gaap_EstimatedInsuranceRecoveries
Income taxes and other 5,138pes_IncomeTaxesReceivableandOtherCurrent 2,310pes_IncomeTaxesReceivableandOtherCurrent
Deferred income taxes 10,998us-gaap_DeferredTaxAssetsNetCurrent 13,092us-gaap_DeferredTaxAssetsNetCurrent
Inventory 14,117us-gaap_InventoryNet 13,232us-gaap_InventoryNet
Assets held for sale 9,909us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent 0us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
Prepaid expenses and other current assets 8,925us-gaap_PrepaidExpenseAndOtherAssetsCurrent 9,311us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 269,074us-gaap_AssetsCurrent 239,380us-gaap_AssetsCurrent
Property and equipment, at cost 1,702,273us-gaap_PropertyPlantAndEquipmentGross 1,724,124us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation 845,732us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 786,467us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net property and equipment 856,541us-gaap_PropertyPlantAndEquipmentNet 937,657us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net of accumulated amortization 24,223us-gaap_IntangibleAssetsNetExcludingGoodwill 32,194us-gaap_IntangibleAssetsNetExcludingGoodwill
Noncurrent deferred income taxes 2,753us-gaap_DeferredTaxAssetsNetNoncurrent 1,156us-gaap_DeferredTaxAssetsNetNoncurrent
Other long-term assets 18,998us-gaap_OtherAssetsNoncurrent 19,236us-gaap_OtherAssetsNoncurrent
Total assets 1,171,589us-gaap_Assets 1,229,623us-gaap_Assets
Current liabilities:    
Accounts payable 64,305us-gaap_AccountsPayableCurrent 43,718us-gaap_AccountsPayableCurrent
Current portion of long-term debt 27us-gaap_LongTermDebtCurrent 2,847us-gaap_LongTermDebtCurrent
Deferred revenues 3,315us-gaap_DeferredRevenueCurrent 699us-gaap_DeferredRevenueCurrent
Accrued expenses:    
Payroll and related employee costs 40,058us-gaap_EmployeeRelatedLiabilitiesCurrent 30,020us-gaap_EmployeeRelatedLiabilitiesCurrent
Insurance premiums and deductibles 12,829pes_AccruedInsurancePremiumsAndDeductibles 10,940pes_AccruedInsurancePremiumsAndDeductibles
Insurance claims and settlements 10,900pes_AccruedInsuranceClaimsAndSettlements 8,607pes_AccruedInsuranceClaimsAndSettlements
Interest 5,432us-gaap_InterestPayableCurrent 12,275us-gaap_InterestPayableCurrent
Other 10,326us-gaap_OtherAccruedLiabilitiesCurrent 11,727us-gaap_OtherAccruedLiabilitiesCurrent
Total current liabilities 147,192us-gaap_LiabilitiesCurrent 120,833us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 455,053us-gaap_LongTermDebtNoncurrent 499,666us-gaap_LongTermDebtNoncurrent
Noncurrent deferred income taxes 69,578us-gaap_DeferredTaxLiabilitiesNoncurrent 84,636us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 4,702us-gaap_OtherLiabilitiesNoncurrent 6,055us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 676,525us-gaap_Liabilities 711,190us-gaap_Liabilities
Commitments and contingencies (Note 12)      
Shareholders' equity:    
Preferred stock, 10,000,000 shares authorized; none issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock $.10 par value; 100,000,000 shares authorized; 63,820,126 and 62,534,636 shares outstanding at December 31, 2014 and 2013, respectively 6,414us-gaap_CommonStockValue 6,275us-gaap_CommonStockValue
Additional paid-in capital 472,457us-gaap_AdditionalPaidInCapitalCommonStock 456,812us-gaap_AdditionalPaidInCapitalCommonStock
Treasury stock, at cost; 317,103 and 219,304 shares at December 31, 2014 and 2013, respectively (3,030)us-gaap_TreasuryStockValue (1,895)us-gaap_TreasuryStockValue
Accumulated earnings 19,223us-gaap_RetainedEarningsAccumulatedDeficit 57,241us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 495,064us-gaap_StockholdersEquity 518,433us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 1,171,589us-gaap_LiabilitiesAndStockholdersEquity $ 1,229,623us-gaap_LiabilitiesAndStockholdersEquity