XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 3,684 $ 4,022
Accounts receivable:    
Trade - less allowance for doubtful accounts 395,868 311,549
Other 93,692 43,053
Inventories - net 164,843 135,887
Prepaid expenses and other current assets 48,214 40,037
Deferred income taxes 8,409 9,458
Total current assets 714,710 544,006
Property and equipment 3,584,634 3,375,893
Less accumulated depreciation (1,099,203) (1,005,090)
Property and equipment - net 2,485,431 2,370,803
Goodwill 591,405 591,405
Other assets 160,588 176,303
Total assets 3,952,134 3,682,517
Current liabilities:    
Income taxes payable 3,082 2,915
Accounts payable 210,448 177,375
Accrued liabilities 176,733 129,001
Deferred revenues 68,873 36,698
Total current liabilities 459,136 345,989
Long-term debt - less current portion 649,350 749,150
Deferred income taxes 574,145 544,110
Other long-term liabilities 15,052 21,115
Total long-term liabilities 1,238,547 1,314,375
Contingencies and commitments      
Kirby stockholders' equity:    
Common stock, $.10 par value per share. Authorized 120,000,000 shares, issued 59,776,000 shares 5,978 5,978
Additional paid-in capital 425,606 410,615
Accumulated other comprehensive income - net (16,254) (16,793)
Retained earnings 1,906,095 1,692,140
Treasury stock at cost, 2,718,000 at September 30, 2014 and 2,930,000 at December 31, 2013 (78,188) (81,254)
Total Kirby stockholders' equity 2,243,237 2,010,686
Noncontrolling interests 11,214 11,467
Total equity 2,254,451 2,022,153
Total liabilities and equity $ 3,952,134 $ 3,682,517