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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 28,081 $ 24,619
Restricted cash 4,021 998
Receivables:    
Trade, net of allowance for doubtful accounts 24,908 79,135
Unbilled receivables 5,846 12,590
Insurance recoveries 21,609 22,873
Other receivables 3,990 8,928
Inventory 13,297 22,453
Assets held for sale 4,295 3,447
Prepaid expenses and other current assets 4,341 7,869
Total current assets 110,388 182,912
Property and equipment, at cost 191,376 1,119,546
Less accumulated depreciation 18,979 648,376
Net property and equipment 172,397 471,170
Intangible assets, net of accumulated amortization 9,058 0
Deferred income taxes 10,433 11,540
Operating lease assets 4,664 7,264
Other noncurrent assets 12,162 1,068
Total assets 319,102 673,954
Current liabilities:    
Accounts payable 15,445 32,551
Current portion of long-term debt 2,199 0
Deferred revenues 715 1,339
Accrued expenses:    
Employee compensation and related costs 7,062 13,781
Insurance claims and settlements 21,608 22,873
Insurance premiums and deductibles 4,787 5,940
Interest 3,387 5,452
Other 3,759 9,645
Total current liabilities 58,962 91,581
Long-term debt, less unamortized discount and debt issuance costs 143,017 467,699
Noncurrent operating lease liabilities 3,838 5,700
Deferred income taxes 903 4,417
Other noncurrent liabilities 2,337 481
Total liabilities 209,057 569,878
Shareholders' equity:    
Predecessor common stock $.10 par value; 200,000,000 shares authorized; 79,202,216 shares outstanding at December 31, 2019 0 8,008
Successor common stock, $0.001 par value; 25,000,000 shares authorized; 1,138,185 shares outstanding at September 30, 2020 1 0
Additional paid-in capital 139,931 553,210
Predecessor treasury stock, at cost; 877,047 shares at December 31, 2019 0 (5,090)
Accumulated deficit (29,887) (452,052)
Total shareholders' equity 110,045 104,076
Total liabilities and stockholders' equity $ 319,102 $ 673,954