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Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 14,578 $ 14,160
Receivables:    
Trade, net of allowance for doubtful accounts 35,810 47,577
Unbilled receivables 2,121 13,624
Insurance recoveries 17,611 14,556
Other receivables 3,337 4,059
Inventory 8,640 9,262
Assets held for sale 4,513 4,619
Prepaid expenses and other current assets 5,889 7,411
Total current assets 92,499 115,268
Property and equipment, at cost 1,135,346 1,146,994
Less accumulated depreciation 480,552 444,409
Net property and equipment 654,794 702,585
Intangible assets, net of accumulated amortization of $12.7 million and $12.3 million at June 30, 2016 and December 31, 2015, respectively 1,166 1,944
Deferred income taxes 15 18
Other long-term assets 2,050 2,178
Total assets 750,524 821,993
Current liabilities:    
Accounts payable 13,077 16,951
Deferred revenues 2,848 6,222
Accrued expenses:    
Payroll and related employee costs 13,391 13,859
Insurance premiums and deductibles 6,530 8,087
Insurance claims and settlements 14,058 14,556
Interest 5,489 5,508
Other 3,826 4,859
Total current liabilities 59,219 70,042
Long-term debt, less debt issuance costs 387,551 387,217
Deferred income taxes 15,100 17,520
Other long-term liabilities 3,508 4,571
Total liabilities 465,378 479,350
Commitments and contingencies (Note 9)
Shareholders' equity:    
Preferred stock, 10,000,000 shares authorized; none issued and outstanding 0 0
Common stock $.10 par value; 100,000,000 shares authorized; 65,071,906 and 64,497,915 shares outstanding at June 30, 2016 and December 31, 2015, respectively 6,559 6,496
Additional paid-in capital 476,077 475,823
Treasury stock, at cost; 515,546 and 458,170 shares at June 30, 2016 and December 31, 2015, respectively (3,883) (3,759)
Accumulated deficit (193,607) (135,917)
Total shareholders' equity 285,146 342,643
Total liabilities and shareholders' equity $ 750,524 $ 821,993