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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 48,264 $ 117,524
Accounts receivable, net of allowance for credit losses of $8,216 and $8,493 at March 31, 2022 and December 31, 2021, respectively Federal and state income taxes receivable 377,572 356,083
Federal and state income taxes receivable 67 67
Inventory 45,302 42,359
Other 61,704 67,620
Total current assets 532,909 583,653
Property and equipment, net 2,305,530 2,331,755
Right of use asset 19,697 19,024
Intangible assets 7,343 7,537
Deposits on equipment purchases 6,895 849
Other 12,778 11,055
Deferred tax assets, net 3,812 3,975
Total assets 2,888,964 2,957,848
Current liabilities:    
Accounts payable 206,798 190,219
Federal and state income taxes payable 569 232
Accrued liabilities 182,381 238,511
Lease liability 6,432 6,891
Total current liabilities 396,180 435,853
Long-term lease liability 18,280 18,108
Long-term debt, net of debt discount and issuance costs of $6,225 and $6,432 at March 31, 2022 and December 31, 2021, respectively 852,530 852,323
Deferred tax liabilities, net 29,234 29,234
Other 16,041 12,843
Total liabilities 1,312,265 1,348,361
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued
Common stock, par value $0.01; authorized 400,000,000 shares with 299,418,814 and 299,268,967 issued and 215,288,948 and 215,139,972 outstanding at March 31, 2022 and December 31, 2021, respectively 2,994 2,993
Additional paid-in capital 3,176,177 3,171,536
Retained deficit (235,848) (198,316)
Accumulated other comprehensive income 6,030 5,915
Treasury stock, at cost, xxx and 84,128,995 shares at March 31, 2022 and December 31, 2021, respectively (1,372,654) (1,372,641)
Total stockholders' equity 1,576,699 1,609,487
Total liabilities and stockholders' equity $ 2,888,964 $ 2,957,848