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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 108,471 $ 24,737
Accounts receivable:    
Trade - less allowance for doubtful accounts 348,453 379,174
Other 228,409 104,175
Inventories - net 335,958 351,401
Prepaid expenses and other current assets 57,023 58,092
Total current assets 1,078,314 917,579
Property and equipment 5,611,184 5,324,090
Accumulated depreciation (1,635,159) (1,546,980)
Property and equipment - net 3,976,025 3,777,110
Operating lease right-of-use assets 183,048 159,641
Goodwill 657,832 953,826
Other intangibles - net 73,556 210,682
Other assets 48,236 60,259
Total assets 6,017,011 6,079,097
Current liabilities:    
Bank notes payable 7 16
Income taxes payable 694 665
Accounts payable 177,290 206,778
Accrued liabilities 230,296 236,350
Current portion of operating lease liabilities 33,761 27,324
Deferred revenues 36,648 42,982
Total current liabilities 478,696 514,115
Long-term debt, net - less current portion 1,642,832 1,369,751
Deferred income taxes 568,816 588,204
Operating lease liabilities - less current portion 171,629 139,457
Other long-term liabilities 103,054 95,978
Total long-term liabilities 2,486,331 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 838,874 835,899
Accumulated other comprehensive income - net (41,117) (37,799)
Retained earnings 2,543,700 2,865,939
Treasury stock - at cost, 5,434,000 shares at June 30, 2020 and 5,513,000 at December 31, 2019 (299,124) (301,963)
Total Kirby stockholders' equity 3,048,880 3,368,623
Noncontrolling interests 3,104 2,969
Total equity 3,051,984 3,371,592
Total liabilities and equity $ 6,017,011 $ 6,079,097