XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,470,000 $ 893,000
Accounts receivable, net of allowance for doubtful accounts of $3,773 at both March 31, 2017 and December 31, 2016, respectively 81,752,000 83,954,000
Materials and supplies 3,267,000 3,340,000
Current income tax receivable 106,000 99,000
Current deferred tax asset (Note 8) 0 25,211,000
Prepaid expenses and other 7,328,000 7,699,000
Total current assets 100,923,000 121,196,000
Oil and natural gas properties on the full cost method:    
Proved properties 5,461,119,000 5,446,305,000
Unproved properties not being amortized 328,266,000 314,867,000
Drilling equipment 1,572,335,000 1,565,268,000
Gas gathering and processing equipment 707,786,000 705,859,000
Saltwater disposal systems 60,746,000 60,638,000
Corporate land and building 59,070,000 59,066,000
Transportation equipment 29,562,000 32,842,000
Other 50,610,000 48,590,000
Property, plant, and equipment, gross 8,269,494,000 8,233,435,000
Less accumulated depreciation, depletion, amortization, and impairment 5,996,098,000 5,952,330,000
Net property and equipment 2,273,396,000 2,281,105,000
Goodwill 62,808,000 62,808,000
Non-current derivative asset (Note 10) 0 377,000
Other assets 15,423,000 13,817,000
Total assets 2,452,550,000 2,479,303,000
Current liabilities:    
Accounts payable 75,158,000 88,793,000
Accrued liabilities (Note 5) 46,412,000 39,651,000
Current derivative liability (Note 10) 5,604,000 21,564,000
Current portion of other long-term liabilities (Note 6) 15,045,000 14,907,000
Total current liabilities 142,219,000 164,915,000
Long-term debt less debt issuance costs (Note 6) 790,653,000 800,917,000
Non-current derivative liability (Note 10) 108,000 415,000
Other long-term liabilities (Note 6) 101,877,000 103,064,000
Deferred income taxes (Note 8) 204,647,000 215,922,000
Commitments and contingencies (Note 12) 0 0
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, 52,018,042 and 51,494,318 shares issued as of March 31, 2017 and December 31, 2016, respectively 10,111,000 10,016,000
Capital in excess of par value 505,452,000 502,500,000
Retained earnings 697,483,000 681,554,000
Total shareholders' equity 1,213,046,000 1,194,070,000
Total liabilities and shareholders' equity $ 2,452,550,000 $ 2,479,303,000