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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 111,918 $ 68,772
Accounts receivable - net of allowance for credit losses of $217 and $1,497, respectively 128,148 84,244
Inventories 3,949 2,729
Prepaid expenses 6,752 11,199
Other current assets 297 782
Total current assets 251,064 167,726
PROPERTY AND EQUIPMENT - Net of accumulated depreciation 808,494 880,477
OPERATING LEASE RIGHT-OF-USE ASSETS 409 709
OTHER NONCURRENT ASSETS:    
Other noncurrent assets 1,269 1,827
Total other noncurrent assets 1,269 1,827
TOTAL ASSETS 1,061,236 1,050,739
CURRENT LIABILITIES:    
Accounts payable 152,649 79,153
Accrued and other current liabilities 20,767 24,676
Operating lease liabilities 369 334
Total current liabilities 173,785 104,163
DEFERRED INCOME TAXES 61,052 75,340
NONCURRENT OPERATING LEASE LIABILITIES 97 465
Total liabilities 234,934 179,968
COMMITMENTS AND CONTINGENCIES (Note 15)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, none issued, respectively 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized, 103,437,177 and 100,912,777 shares issued, respectively 103 101
Additional paid-in capital 844,829 835,115
(Accumulated deficit) Retained earnings (18,630) 35,555
Total shareholders’ equity 826,302 870,771
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,061,236 $ 1,050,739