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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 14,160 $ 34,924
Receivables:    
Trade, net of allowance for doubtful accounts 47,577 136,161
Unbilled receivables   38,000
Insurance recoveries 14,556 10,900
Other receivables 4,059 5,138
Deferred income taxes 0 10,998
Inventory 9,262 14,117
Assets held for sale 4,619 9,909
Prepaid expenses and other current assets 7,411 8,925
Total current assets 115,268 269,074
Property and equipment, at cost 1,146,994 1,702,273
Less accumulated depreciation 444,409 845,732
Net property and equipment 702,585 856,541
Intangible assets, net of accumulated amortization 1,944 24,223
Noncurrent deferred income taxes 18 2,753
Other long-term assets 9,961 18,998
Total assets 829,776 1,171,589
Current liabilities:    
Accounts payable 16,951 64,305
Current portion of long-term debt 0 27
Deferred revenues 6,222 3,315
Accrued expenses:    
Payroll and related employee costs 13,859 40,058
Insurance premiums and deductibles 8,087 12,829
Insurance claims and settlements 14,556 10,900
Interest 5,508 5,432
Other 4,859 10,326
Total current liabilities 70,042 147,192
Long-term debt, less current portion 395,000 455,053
Noncurrent deferred income taxes 17,520 69,578
Other long-term liabilities 4,571 4,702
Total liabilities $ 487,133 $ 676,525
Commitments and contingencies (Note 12)
Shareholders' equity:    
Preferred stock, 10,000,000 shares authorized; none issued and outstanding $ 0 $ 0
Common stock $.10 par value; 100,000,000 shares authorized; 64,497,915 and 63,820,126 shares outstanding at December 31, 2015 and December 31, 2014, respectively 6,496 6,414
Additional paid-in capital 475,823 472,457
Treasury stock, at cost; 458,170 and 317,103 shares at December 31, 2015 and December 31, 2014, respectively (3,759) (3,030)
Accumulated earnings (deficit) (135,917) 19,223
Total shareholders' equity 342,643 495,064
Total liabilities and shareholders' equity $ 829,776 $ 1,171,589