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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 893 $ 835
Accounts receivable (less allowance for doubtful accounts of $3,773 and $5,199 at December 31, 2016 and 2015, respectively) 83,954 79,941
Materials and supplies 3,340 3,565
Current derivative asset (Note 12) 0 10,186
Current income tax receivable 99 21,002
Current deferred tax asset (Note 8) 25,211 14,206
Assets held for sale 0 615
Prepaid expenses and other 7,699 9,908
Total current assets 121,196 140,258
Oil and natural gas properties, on the full cost method:    
Proved properties 5,446,305 5,401,618
Unproved properties not being amortized 314,867 337,099
Drilling equipment 1,565,268 1,567,560
Gas gathering and processing equipment 705,859 689,063
Saltwater disposal systems 60,638 60,316
Corporate land and building 59,066 49,890
Transportation equipment 32,842 40,072
Other 48,590 45,489
Property, plant and equipment, gross, total 8,233,435 8,191,107
Less accumulated depreciation, depletion, amortization, and impairment 5,952,330 5,609,980
Net property and equipment 2,281,105 2,581,127
Goodwill (Note 2) 62,808 62,808
Non-current derivative asset (Note 12) 377 968
Other assets 13,817 14,681
Total assets 2,479,303 2,799,842
Current liabilities:    
Accounts payable 88,793 87,413
Accrued liabilities (Note 5) 39,651 46,918
Current derivative liabilities (Note 12) 21,564 0
Current portion of other long-term liabilities (Note 6) 14,907 16,560
Total current liabilities 164,915 150,891
Long-term debt less unamortized discount and debt issuance costs (Note 6) 800,917 918,995
Non-current derivative liabilities (Note 12) 415 285
Other long-term liabilities (Note 6) 103,064 140,341
Deferred income taxes (Note 8) 215,922 275,750
Commitments and contingencies (Note 14) 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, 51,494,318 and 50,413,101 shares issued as of December 31, 2016 and 2015, respectively 10,016 9,831
Capital in excess of par value 502,500 486,571
Retained earnings 681,554 817,178
Total shareholders' equity 1,194,070 1,313,580
Total liabilities and shareholders' equity $ 2,479,303 $ 2,799,842