XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 137,553 $ 117,524
Accounts receivable, net of allowance for credit losses of $2,875 and $8,493 at December 31, 2022 and 2021, respectively 565,520 356,083
Federal and state income taxes receivable 399 67
Inventory 58,038 42,359
Other 67,909 67,620
Total current assets 829,419 583,653
Property and equipment, net 2,260,576 2,331,755
Right of use asset 20,841 19,024
Intangible assets 5,845 7,537
Deposits on equipment purchases 13,051 849
Other 10,881 11,055
Deferred Tax Assets, Net 3,210 3,975
Total assets 3,143,823 2,957,848
Current liabilities:    
Accounts payable 237,056 190,219
Federal and state income taxes payable 4,644 232
Accrued liabilities 304,143 238,511
Lease liability 5,123 6,891
Total current liabilities 550,966 435,853
Long-term lease liability 19,594 18,108
Long-term debt, net of debt discount and issuance costs of $5,468 and $6,432 at December 31, 2022 and 2021, respectively 830,937 852,323
Deferred tax liabilities, net 28,738 29,234
Other 48,065 12,843
Total liabilities 1,478,300 1,348,361
Commitments and contingencies (see Note 10)
Stockholders’ equity:    
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued 0 0
Common stock, par value $0.01; authorized 400,000,000 shares with 302,325,853 and 299,268,967 issued and 213,567,131 and 215,139,972 outstanding at December 31, 2022 and 2021, respectively 3,023 2,993
Additional paid-in capital 3,202,973 3,171,536
Retained deficit (87,394) (198,316)
Accumulated other comprehensive income 0 5,915
Treasury stock, at cost, 88,758,722 shares and 84,128,995 shares at December 31, 2022 and 2021, respectively (1,453,079) (1,372,641)
Total stockholders’ equity 1,665,523 1,609,487
Total liabilities and stockholders’ equity $ 3,143,823 $ 2,957,848