XML 43 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2018
Acquisitions [Abstract]  
Fair Values of Assets Acquired and Liabilities Assumed
The fair values of the assets acquired and liabilities assumed recorded at the acquisition date were as follows (in thousands):

Assets:
   
Cash
 
$
2,313
 
Accounts receivable
  
27,527
 
Prepaid expenses
  
5,323
 
Property and equipment
  
497,951
 
Goodwill
  
4,657
 
Other assets
  
30
 
Total assets
 
$
537,801
 

Liabilities:
   
Accounts payable
  
17,012
 
Accrued liabilities
  
14,127
 
Deferred income taxes
  
40,524
 
Other long-term liabilities
  
44,216
 
Total liabilities
 
$
115,879
 
Net assets acquired
 
$
421,922
 
Pro Forma Revenues and Net Earnings
The following table sets forth the Company’s pro forma revenues and net earnings attributable to Kirby for the years ended December 31, 2016 and 2017 (unaudited and in thousands):
 
       
 
 
 
 
2016
Pro forma
   
2017
Pro forma
 
Revenues
 
$
2,299,800
  
$
2,556,131
 
Net earnings attributable to Kirby
 
$
125,197
  
$
303,097