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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 113,346 $ 43,012
Accounts receivable, net of allowance for doubtful accounts of $3,545 and $3,546 at December 31, 2015 and 2014, respectively 219,672 663,404
Federal and state income taxes receivable 33,454 81,726
Inventory 14,716 32,251
Deferred tax assets, net 65,121 37,075
Other 40,227 51,624
Total current assets 486,536 909,092
Property and equipment, net 3,920,708 4,131,071
Goodwill and intangible assets 92,609 220,813
Deposits on equipment purchases 22,367 112,379
Other 11,097 20,656
Total assets 4,533,317 5,394,011
Current liabilities:    
Accounts payable 82,771 382,438
Accrued expenses 161,611 173,466
Current portion of long-term debt 63,750 12,500
Total current liabilities 308,132 568,404
Borrowings under revolving credit facility   303,000
Other long-term debt 791,250 670,000
Deferred tax liabilities, net 863,833 935,660
Other 8,971 11,137
Total liabilities $ 1,972,186 $ 2,488,201
Commitments and contingencies (see Note 8)
Stockholders’ equity:    
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued
Common stock, par value $.01; authorized 300,000,000 shares with 190,374,801 and 189,262,876 issued and 147,167,561 and 146,444,291 outstanding at December 31, 2015 and 2014, respectively $ 1,904 $ 1,893
Additional paid-in capital 1,011,811 984,674
Retained earnings 2,458,554 2,811,815
Accumulated other comprehensive income (loss) (4,093) 6,463
Treasury stock, at cost, 43,207,240 shares and 42,818,585 shares at December 31, 2015 and 2014, respectively (907,045) (899,035)
Total stockholders’ equity 2,561,131 2,905,810
Total liabilities and stockholders’ equity $ 4,533,317 $ 5,394,011