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Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 9,703 $ 14,160
Receivables:    
Trade, net of allowance for doubtful accounts 38,185 47,577
Unbilled receivables 3,968 13,624
Insurance recoveries 17,298 14,556
Other receivables 2,761 4,059
Inventory 8,254 9,262
Assets held for sale 6,243 4,619
Prepaid expenses and other current assets 4,730 7,411
Total current assets 91,142 115,268
Property and equipment, at cost 1,111,500 1,146,994
Less accumulated depreciation 482,336 444,409
Net property and equipment 629,164 702,585
Intangible assets, net of accumulated amortization of $13.1 million and $12.3 million at September 30, 2016 and December 31, 2015, respectively 781 1,944
Other long-term assets 1,710 2,196
Total assets 722,797 821,993
Current liabilities:    
Accounts payable 13,014 16,951
Deferred revenues 1,157 6,222
Accrued expenses:    
Payroll and related employee costs 13,981 13,859
Insurance premiums and deductibles 6,437 8,087
Insurance claims and settlements 13,952 14,556
Interest 900 5,508
Other 5,568 4,859
Total current liabilities 55,009 70,042
Long-term debt, less debt issuance costs 399,508 387,217
Deferred income taxes 13,439 17,520
Other long-term liabilities 3,737 4,571
Total liabilities 471,693 479,350
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 September 30, 2016 and December 31, 2015, respectively 6,559 6,496
Additional paid-in capital 476,655 475,823
Treasury stock, at cost; 515,546 and 458,170 shares at September 30, 2016 and December 31, 2015, respectively (3,883) (3,759)
Accumulated deficit (228,227) (135,917)
Total shareholders' equity 251,104 342,643
Total liabilities and shareholders' equity $ 722,797 $ 821,993