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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 24,737 $ 7,800
Accounts receivable:    
Trade - less allowance for doubtful accounts of $8,372 ($10,024 in 2018) 379,174 417,644
Other 104,175 104,239
Inventories - at lower of average cost or net realizable value 351,401 507,441
Prepaid expenses and other current assets 58,092 59,365
Total current assets 917,579 1,096,489
Property and equipment:    
Marine transportation equipment 4,770,213 4,477,718
Land, buildings and equipment 553,877 534,106
Property and equipment 5,324,090 5,011,824
Accumulated depreciation (1,546,980) (1,472,022)
Property and equipment - net 3,777,110 3,539,802
Operating lease right-of-use assets 159,641 0
Investment in affiliates 2,025 2,495
Goodwill 953,826 953,826
Other intangibles - net 210,682 224,197
Other assets 58,234 54,785
Total assets 6,079,097 5,871,594
Current liabilities:    
Bank notes payable 16 19
Income taxes payable 665 2,794
Accounts payable 206,778 278,057
Accrued liabilities:    
Interest 12,700 13,171
Insurance premiums and claims 108,405 109,634
Employee compensation 42,875 53,089
Taxes - other than on income 39,286 38,680
Other 33,084 32,215
Current portion of operating lease liabilities 27,324 0
Deferred revenues 42,982 80,123
Total current liabilities 514,115 607,782
Long-term debt, net - less current portion 1,369,751 1,410,169
Deferred income taxes 588,204 542,785
Operating lease liabilities - less current portion 139,457 0
Other long-term liabilities 95,978 94,557
Total long-term liabilities 2,193,390 2,047,511
Contingencies and commitments
Kirby stockholders' equity:    
Common stock, $.10 par value per share. Authorized 120,000,000 shares, issued 65,472,000 in 2019 and 2018 6,547 6,547
Additional paid-in capital 835,899 823,347
Accumulated other comprehensive income - net (37,799) (33,511)
Retained earnings 2,865,939 2,723,592
Treasury stock - at cost, 5,513,000 shares in 2019 and 5,608,000 shares in 2018 (301,963) (306,788)
Total Kirby stockholders' equity 3,368,623 3,213,187
Noncontrolling interests 2,969 3,114
Total equity 3,371,592 3,216,301
Total liabilities and equity $ 6,079,097 $ 5,871,594