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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 322,571 $ 24,737
Accounts receivable:    
Trade - less allowance for doubtful accounts 389,616 379,174
Other 253,688 104,175
Inventories - net 341,498 351,401
Prepaid expenses and other current assets 60,640 58,092
Total current assets 1,368,013 917,579
Property and equipment 5,366,596 5,324,090
Accumulated depreciation (1,589,812) (1,546,980)
Property and equipment - net 3,776,784 3,777,110
Operating lease right-of-use assets 157,333 159,641
Goodwill 576,165 953,826
Other intangibles - net 73,694 210,682
Other assets 57,655 60,259
Total assets 6,009,644 6,079,097
Current liabilities:    
Bank notes payable 17 16
Income taxes payable 698 665
Accounts payable 227,020 206,778
Accrued liabilities 205,667 236,350
Current portion of operating lease liabilities 25,903 27,324
Deferred revenues 37,027 42,982
Total current liabilities 496,332 514,115
Long-term debt, net - less current portion 1,702,476 1,369,751
Deferred income taxes 552,990 588,204
Operating lease liabilities - less current portion 138,884 139,457
Other long-term liabilities 93,208 95,978
Total long-term liabilities 2,487,558 2,193,390
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 837,879 835,899
Accumulated other comprehensive income - net (38,991) (37,799)
Retained earnings 2,518,698 2,865,939
Treasury stock - at cost, 5,475,000 shares at March 31, 2020 and 5,513,000 at December 31, 2019 (301,424) (301,963)
Total Kirby stockholders' equity 3,022,709 3,368,623
Noncontrolling interests 3,045 2,969
Total equity 3,025,754 3,371,592
Total liabilities and equity $ 6,009,644 $ 6,079,097