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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 40,132 $ 35,152
Accounts receivable, net of allowance for doubtful accounts of $3,116 and $3,191 at June 30, 2017 and December 31, 2016, respectively 433,366 148,091
Federal and state income taxes receivable 3,666 2,126
Inventory 36,132 20,191
Other 58,453 41,322
Total current assets 571,749 246,882
Property and equipment, net 4,232,194 3,408,963
Goodwill and intangible assets 540,273 88,966
Deposits on equipment purchases 12,917 16,050
Deferred tax assets, net 1,339 4,124
Other 45,584 7,306
Total assets 5,404,056 3,772,291
Current liabilities:    
Accounts payable 255,327 125,667
Accrued expenses 217,521 139,148
Total current liabilities 472,848 264,815
Borrowings under revolving credit facility 115,000  
Long-term debt, net of debt issuance cost of $1,390 and $1,563 at June 30, 2017 and December 31, 2016, respectively 598,610 598,437
Deferred tax liabilities, net 588,594 650,661
Other 11,201 9,654
Total liabilities 1,786,253 1,523,567
Commitments and contingencies (see Note 11)
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 256,914,385 and 191,525,872 issued and 213,328,565 and 148,133,255 outstanding at June 30, 2017 and December 31, 2016, respectively 2,569 1,915
Additional paid-in capital 2,575,401 1,042,696
Retained earnings 1,953,023 2,116,341
Accumulated other comprehensive income (loss) 1,854 (1,134)
Treasury stock, at cost, 43,585,820 and 43,392,617 shares at June 30, 2017 and December 31, 2016, respectively (915,044) (911,094)
Total stockholders' equity 3,617,803 2,248,724
Total liabilities and stockholders' equity $ 5,404,056 $ 3,772,291