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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 122,840 $ 154,073
Marketable securities 249,858 299,849
Accounts receivable, net of allowance for bad debts 189,381 168,620
Prepaid expenses and other current assets 170,232 163,396
Assets held for sale 491  
Total current assets 732,802 785,938
Drilling and other property and equipment, net of accumulated depreciation 5,170,858 5,184,222
Other assets 208,824 65,534
Total assets 6,112,484 6,035,694
Current liabilities:    
Accounts payable 60,284 43,933
Accrued liabilities 197,877 172,228
Taxes payable 15,096 20,685
Total current liabilities 273,257 236,846
Long-term debt 1,974,365 1,973,922
Deferred tax liability 97,810 104,380
Other liabilities 255,176 135,893
Total liabilities 2,600,608 2,451,041
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock (par value $0.01, 25,000,000 shares authorized, none issued and outstanding)
Common stock (par value $0.01, 500,000,000 shares authorized; 144,606,992 shares issued and 137,580,203 shares outstanding at March 31, 2019; 144,383,662 shares issued and 137,438,353 shares outstanding at December 31, 2018) 1,446 1,444
Additional paid-in capital 2,019,555 2,018,143
Retained earnings 1,696,087 1,769,415
Accumulated other comprehensive gain 2 21
Treasury stock, at cost (7,026,789 and 6,945,309 shares of common stock at March 31, 2019 and December 31, 2018, respectively) (205,214) (204,370)
Total stockholders’ equity 3,511,876 3,584,653
Total liabilities and stockholders’ equity $ 6,112,484 $ 6,035,694