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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 1,510 $ 1,852
Accounts receivable, net of allowance for doubtful accounts of $742 and $688 at June 30, 2015 and December 31, 2014, respectively 128,564 157,678
Inventories 17,988 14,251
Assets held for sale 0 395,797
Derivative instruments 147,789 322,337
Prepayments and other 22,419 27,445
Total current assets 318,270 919,360
Oil and natural gas properties, successful efforts method    
Proved properties 7,537,545 6,903,514
Unproved properties 168,289 142,340
Less accumulated depreciation, depletion and amortization 2,212,325 1,893,106
Oil and natural gas properties, net 5,493,509 5,152,748
Other property and equipment, net 46,773 46,389
Total property, plant and equipment, net 5,540,282 5,199,137
Other assets 14,094 19,761
TOTAL ASSETS 5,872,646 6,138,258
Current Liabilities    
Accounts payable 94,953 101,453
Accrued taxes 14,055 5,530
Accrued wages and benefits 22,217 21,553
Accrued capital costs 110,485 207,461
Revenue and royalty payable 62,179 72,047
Liabilities related to assets held for sale 0 24,230
Pension liabilities 29,616 24,609
Deferred income taxes 11,970 79,164
Derivative instruments 10,220 988
Other 23,220 23,288
Total current liabilities 378,915 560,323
Long-term debt 686,575 1,038,563
Asset retirement obligations 99,049 94,060
Pension and other postretirement liabilities 634 15,935
Deferred income taxes 1,001,251 1,000,486
Noncurrent derivative instruments 3,902 0
Other long-term liabilities 12,272 14,287
Total liabilities $ 2,182,598 $ 2,723,654
Commitments and Contingencies    
Shareholders’ Equity    
Preferred stock, cumulative, $0.01 par value, 5,000,000 shares authorized $ 0 $ 0
Common shareholders’ equity    
Common stock, $0.01 par value; 150,000,000 shares authorized; 81,767,121 shares and 75,875,711 shares issued at June 30, 2015 and December 31, 2014, respectively 818 759
Premium on capital stock 971,737 564,438
Retained earnings 2,867,877 2,997,821
Accumulated other comprehensive income (loss), net of tax    
Pension and postretirement plans (20,443) (22,870)
Deferred compensation plan 1,921 2,862
Treasury stock, at cost; 3,019,245 shares and 2,980,598 shares at June 30, 2015 and December 31, 2014, respectively (131,862) (128,406)
Total shareholders’ equity 3,690,048 3,414,604
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,872,646 $ 6,138,258