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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 835 $ 1,049
Accounts receivable (less allowance for doubtful accounts of $5,199 and $5,039 at December 31, 2015 and 2014, respectively) 79,941 189,812
Materials and supplies 3,565 5,590
Current derivative asset (Note 12) 10,186 31,139
Current income tax receivable 21,002 0
Current deferred tax asset (Note 8) 14,206 11,527
Assets held for sale (Note 2) 615 0
Prepaid expenses and other 9,908 13,374
Total current assets 140,258 252,491
Oil and natural gas properties, on the full cost method:    
Proved properties 5,401,618 4,990,753
Unproved properties not being amortized 337,099 485,568
Drilling equipment 1,567,560 1,620,692
Gas gathering and processing equipment 689,063 628,689
Saltwater disposal systems 60,316 56,702
Corporate land and building 49,890 16,104
Transportation equipment 40,072 40,693
Other 45,489 41,602
Property, plant and equipment, gross, total 8,191,107 7,880,803
Less accumulated depreciation, depletion, amortization, and impairment 5,609,980 3,747,412
Net property and equipment 2,581,127 4,133,391
Debt issuance cost 8,667 10,255
Goodwill (Note 2) 62,808 62,808
Non-current derivative asset (Note 12) 968 0
Other assets 14,681 14,783
Total assets 2,808,509 4,473,728
Current liabilities:    
Accounts payable 87,413 218,500
Accrued liabilities (Note 5) 46,918 70,171
Income taxes payable 0 481
Current portion of other long-term liabilities (Note 6) 16,560 15,019
Total current liabilities 150,891 304,171
Long-term debt (Note 6) 927,662 812,163
Non-current derivative liabilities (Note 12) 285 0
Other long-term liabilities (Note 6) 140,341 148,785
Deferred income taxes (Note 8) 275,750 876,215
Commitments and contingencies (Note 15) 0 0
Shareholders' equity:    
Preferred stock, $1.00 par value, 5,000,000 shares authorized, none issued 0 0
Common stock, $0.20 par value, 175,000,000 shares authorized, 50,413,101 and 49,593,812 shares issued as of December 31, 2015 and 2014, respectively 9,831 9,732
Capital in excess of par value 486,571 468,123
Retained earnings 817,178 1,854,539
Total shareholders' equity 1,313,580 2,332,394
Total liabilities and shareholders' equity $ 2,808,509 $ 4,473,728