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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 739 $ 835
Accounts receivable, net of allowance for doubtful accounts of $5,199 at both March 31, 2016 and December 31, 2015, respectively 68,424 79,941
Materials and supplies 3,303 3,565
Current derivative asset (Note 10) 13,901 10,186
Current income tax receivable 20,652 21,002
Current deferred tax asset 8,598 14,206
Assets held for sale 225 615
Prepaid expenses and other 8,250 9,908
Total current assets 124,092 140,258
Oil and natural gas properties on the full cost method:    
Proved properties 5,387,103 5,401,618
Unproved properties not being amortized 330,274 337,099
Drilling equipment 1,569,740 1,567,560
Gas gathering and processing equipment 691,759 689,063
Saltwater disposal systems 60,459 60,316
Corporate land and building 55,077 49,890
Transportation equipment 38,659 40,072
Other 45,845 45,489
Property, plant, and equipment, gross 8,178,916 8,191,107
Less accumulated depreciation, depletion, amortization, and impairment 5,700,840 5,609,980
Net property and equipment 2,478,076 2,581,127
Goodwill 62,808 62,808
Non-current derivative asset (Note 10) 942 968
Other assets 15,170 14,681
Total assets 2,681,088 2,799,842
Current liabilities:    
Accounts payable 67,504 87,413
Accrued liabilities (Note 5) 52,854 46,918
Current portion of other long-term liabilities (Note 6) 19,053 16,560
Total current liabilities 139,411 150,891
Long-term debt less debt issuance costs (Note 6) 898,722 918,995
Non-current derivative liability (Note 10) 185 285
Other long-term liabilities (Note 6) 106,930 140,341
Deferred income taxes 254,800 275,750
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, 51,440,785 and 50,413,101 shares issued as of March 31, 2016 and December 31, 2015, respectively 10,012 9,831
Capital in excess of par value 494,999 486,571
Retained earnings 776,029 817,178
Total shareholders' equity 1,281,040 1,313,580
Total liabilities and shareholders' equity $ 2,681,088 $ 2,799,842