Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 162,409	$ 124,457
Restricted cash		6,832	14,231
Accounts receivable		225,654	260,124
Less: allowance for credit losses	[1]	(5,731)	(5,801)
Accounts receivable, net		219,923	254,323
Prepaid expenses and other current assets		57,402	63,412
Asset held for sale		1,000	1,000
Total current assets		447,566	457,423
Drilling and other property and equipment, net of accumulated depreciation		1,153,040	1,156,368
Other assets		89,488	98,762
Total assets		1,690,094	1,712,553
Current liabilities:
Accounts payable		40,630	42,037
Accrued liabilities		185,132	203,336
Taxes payable		33,296	34,817
Current finance lease liabilities		16,286	15,960
Total current liabilities		275,344	296,150
Long-term debt		534,009	533,514
Noncurrent finance lease liabilities		108,537	113,201
Deferred tax liability		15,472	10,966
Other liabilities		97,421	113,871
Commitments and contingencies (Note 7)
Total liabilities		1,030,783	1,067,702
Stockholders’ equity:
Preferred stock (par value $0.0001, 50,000 shares authorized, none issued and outstanding at March 31, 2024 and December 31, 2023)		0	0
Common stock (par value $0.0001, 750,000 shares authorized; 103,399 shares issued and 102,479 shares outstanding at March 31, 2024 and 103,189 shares issued and 102,322 shares outstanding at December 31, 2023)		10	10
Additional paid-in capital		982,098	978,575
Treasury stock		(9,154)	(8,493)
Accumulated deficit		(313,649)	(325,261)
Accumulated other comprehensive income		6	20
Total stockholders’ equity		659,311	644,851
Total liabilities and stockholders’ equity		$ 1,690,094	$ 1,712,553

[1] The allowance for credit losses at March 31, 2024 and December 31, 2023 represents our estimate of credit losses associated with our “Trade receivables” and “Current contract assets.” See Note 4 “Financial Instruments and Fair Value Disclosures” for a discussion of our concentrations of credit risk and allowance for credit losses.