XML 31 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9,425 $ 7,800
Accounts receivable:    
Trade - less allowance for doubtful accounts 382,465 417,644
Other 99,736 104,239
Inventories - net 410,261 507,441
Prepaid expenses and other current assets 56,646 59,365
Total current assets 958,533 1,096,489
Property and equipment 5,311,754 5,011,824
Accumulated depreciation (1,518,022) (1,472,022)
Property and equipment - net 3,793,732 3,539,802
Operating lease right-of-use assets 156,798 0
Goodwill 953,826 953,826
Other intangibles - net 210,173 224,197
Other assets 54,823 57,280
Total assets 6,127,885 5,871,594
Current liabilities:    
Bank notes payable 15 19
Income taxes payable 1,196 2,794
Accounts payable 212,279 278,057
Accrued liabilities 225,402 246,789
Current portion of operating lease liabilities 29,001 0
Deferred revenues 49,098 80,123
Total current liabilities 516,991 607,782
Long-term debt, net - less current portion 1,434,417 1,410,169
Deferred income taxes 585,507 542,785
Operating lease liabilities 135,017 0
Other long-term liabilities 81,455 94,557
Total long-term liabilities 2,236,396 2,047,511
Contingencies and commitments
Kirby stockholders' equity:    
Common stock, $0.10 par value per share. Authorized 120,000,000 shares, issued 65,472,000 shares 6,547 6,547
Additional paid-in capital 832,892 823,347
Accumulated other comprehensive income - net (27,413) (33,511)
Retained earnings 2,863,162 2,723,592
Treasury stock - at cost, 5,544,000 shares at September 30, 2019 and 5,608,000 at December 31, 2018 (303,667) (306,788)
Total Kirby stockholders' equity 3,371,521 3,213,187
Noncontrolling interests 2,977 3,114
Total equity 3,374,498 3,216,301
Total liabilities and equity $ 6,127,885 $ 5,871,594