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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 29,284 $ 50,311
Accounts receivable, net of allowance for doubtful accounts of $802 and $1,056, respectively 71,570 74,253
Inventories 14,791 15,861
Other current assets 20,885 18,073
Total current assets 136,530 158,498
Property and equipment 442,129 439,043
Accumulated depreciation (188,080) (163,333)
Property and equipment, net 254,049 275,710
Intangible assets, net 376 404
Other non-current assets 12,560 8,562
TOTAL ASSETS 403,515 443,174
Current liabilities:    
Accounts payable 14,202 13,587
Current portion of long-term debt 2,500 2,500
Other current liabilities 82,151 87,377
Total current liabilities 98,853 103,464
Long-term debt 239,242 241,079
Workers’ compensation, vehicular and health insurance liabilities 27,131 24,775
Other non-current liabilities 32,287 28,336
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value; 10,000,000 authorized and one share issued and outstanding 0 0
Common stock, $0.01 par value; 100,000,000 shares authorized, 20,402,847 and 20,363,198 outstanding 204 204
Additional paid-in capital 267,171 264,945
Retained deficit (261,373) (219,629)
Total equity 6,002 45,520
TOTAL LIABILITIES AND EQUITY $ 403,515 $ 443,174