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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 24,619 $ 53,566
Restricted cash 998 998
Receivables:    
Trade, net of allowance for doubtful accounts 79,135 76,924
Unbilled receivables 12,590 24,822
Insurance recoveries 22,873 23,656
Other receivables 8,928 5,479
Inventory 22,453 18,898
Assets held for sale 3,447 3,582
Prepaid expenses and other current assets 7,869 7,109
Total current assets 182,912 215,034
Property and equipment, at cost 1,119,546 1,118,215
Less accumulated depreciation 648,376 593,357
Net property and equipment 471,170 524,858
Deferred income taxes 11,540 0
Operating lease assets 7,264 0
Other noncurrent assets 1,068 1,658
Total assets 673,954 741,550
Current liabilities:    
Accounts payable 32,551 36,766
Deferred revenues 1,339 1,722
Accrued expenses:    
Employee compensation and related costs 13,781 24,747
Insurance claims and settlements 22,873 23,593
Insurance premiums and deductibles 5,940 5,482
Interest 5,452 6,148
Other 9,645 6,310
Total current liabilities 91,581 104,768
Long-term debt, less unamortized discount and debt issuance costs 467,699 464,552
Noncurrent operating lease liabilities 5,700 0
Deferred income taxes 4,417 3,688
Other noncurrent liabilities 481 3,484
Total liabilities 569,878 576,492
Commitments and contingencies (Note 13)
Shareholders' equity:    
Preferred stock, 10,000,000 shares authorized; none issued and outstanding 0 0
Common stock $.10 par value; 200,000,000 shares authorized; 79,202,216 and 78,214,550 shares outstanding at December 31, 2019 and December 31, 2018, respectively 8,008 7,900
Additional paid-in capital 553,210 550,548
Treasury stock, at cost; 877,047 and 789,532 shares at December 31, 2019 and December 31, 2018, respectively (5,090) (4,965)
Accumulated deficit (452,052) (388,425)
Total shareholders' equity 104,076 165,058
Total liabilities and shareholders' equity $ 673,954 $ 741,550