XML 33 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 894 $ 1,049
Accounts receivable, net of allowance for doubtful accounts of $4,758 and $5,039 at September 30, 2015 and at December 31, 2014, respectively 101,155 189,812
Materials and supplies 7,704 5,590
Current derivative asset (Note 10) 11,461 31,139
Current income taxes receivable 4,494 0
Current deferred tax asset 8,340 11,527
Assets held for sale (Note 3) 5,321 0
Prepaid expenses and other 11,301 13,374
Total current assets 150,670 252,491
Oil and natural gas properties on the full cost method:    
Proved properties 5,229,832 4,990,753
Unproved properties not being amortized 454,156 485,568
Drilling equipment 1,563,433 1,620,692
Gas gathering and processing equipment 669,512 628,689
Saltwater disposal systems 60,271 56,702
Transportation equipment 40,138 40,693
Other 82,496 57,706
Property, plant, and equipment, gross 8,099,838 7,880,803
Less accumulated depreciation, depletion, amortization, and impairment 5,053,204 3,747,412
Net property and equipment 3,046,634 4,133,391
Debt issuance cost 9,064 10,255
Goodwill 62,808 62,808
Non-current derivative asset (Note 10) 439 0
Other assets 14,903 14,783
Total assets 3,284,518 4,473,728
Current liabilities:    
Accounts payable 97,503 218,500
Accrued liabilities (Note 5) 68,042 70,171
Income taxes payable 0 481
Current portion of other long-term liabilities (Note 6) 16,806 15,019
Total current liabilities 182,351 304,171
Long-term debt (Note 6) 908,234 812,163
Other long-term liabilities (Note 6) 136,981 148,785
Deferred income taxes 438,995 876,215
Shareholders' equity:    
Preferred stock, $1.00 par value, 5,000,000 shares authorized, none issued 0 0
Common stock, $.20 par value, 175,000,000 shares authorized, 50,414,408 and 49,593,812 shares issued as of September 30, 2015 and December 31, 2014, respectively 9,831 9,732
Capital in excess of par value 481,611 468,123
Retained earnings 1,126,515 1,854,539
Total shareholders' equity 1,617,957 2,332,394
Total liabilities and shareholders' equity $ 3,284,518 $ 4,473,728