XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share amounts) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents at beginning of period $ 176 $ 5,926
Accounts receivable 278,125 254,805
Refundable income taxes 2,854 3,364
Prepaid expense and other 10,498 30,017
Derivative asset 43,305 37,873
Deferred income taxes 10,912 8,579
Total current assets 345,870 340,564
Land 1,857 1,845
Proved oil and gas properties 5,414,842 5,401,684
Less - accumulated depletion, depreciation, and amortization (2,418,939) (2,376,170)
Unproved oil and gas properties 263,662 175,287
Wells in progress 301,609 273,928
Materials inventory, at lower of cost or market 14,115 13,444
Oil and gas properties held for sale net of accumulated depletion, depreciation and amortization of $539,769 in 2013 and 20,676 in 2012 400,393 33,620
Other property and equipment, net of accumulated depreciation of $27,571 in 2013 and $22,442 in 2012 203,799 153,559
Total property and equipment, net 4,181,338 3,677,197
Derivative asset 28,659 16,466
Restricted cash 94,700 86,773
Other noncurrent assets 86,278 78,529
Total other noncurrent assets 209,637 181,768
Total Assets 4,736,845 4,199,529
Liabilities    
Accounts payable and accrued expenses 601,131 525,627
Derivative liability 22,648 8,999
Other current liabilities 6,000 6,920
Total current liabilities 629,779 541,546
Revolving credit facility 28,000 340,000
6.625% Senior Notes Due 2019 350,000 350,000
6.50% Senior Notes Due 2021 350,000 350,000
6.50% Senior Notes Due 2023 400,000 400,000
5.0% Senior Notes Due 2024 500,000 0
Asset retirement obligation 101,650 112,912
Asset retirement obligation associated with oil and gas properties held for sale 25,339 1,393
Net Profits Plan liability 72,404 78,827
Deferred income taxes 639,000 537,383
Derivatives liability 6,873 6,645
Other noncurrent liabilities 47,016 66,357
Total noncurrent liabilities 2,520,282 2,243,517
Commitments and contingencies (note 6)      
Stockholders' equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued: 66,994,516 shares in 2013 and 66,245,816 shares in 2012; outstanding, net of treasury shares: 66,972,104 shares in 2013 and 66,195,235 shares in 2012 670 662
Additional paid-in-capital 247,165 233,642
Treasury stock, at cost: 22,412 shares in 2013 and 50,581 in 2012 (823) (1,221)
Retained earnings 1,347,674 1,190,397
Accumulated other comprehensive loss (7,902) (9,014)
Total stockholders' equity 1,586,784 1,414,466
Total Liabilities and Stockholders' Equity $ 4,736,845 $ 4,199,529