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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 14,422 $ 17,650
Accounts receivable, net of allowance for doubtful accounts 64,378 62,978
Derivative assets 5,900 11,292
Other current assets 3,961 4,595
Total current assets 88,661 96,515
Property and equipment, net (successful efforts method) 1,760,240 1,723,359
Derivative assets 3,608 5,181
Other assets 17,292 17,934
Total assets 1,869,801 1,842,989
Current liabilities    
Accounts payable and accrued liabilities 121,967 111,655
Derivative liabilities 4,539 0
Deferred income taxes 573 370
Total current liabilities 127,079 112,025
Other liabilities 28,518 28,901
Derivative liabilities 1,235 1,421
Deferred income taxes 202,196 210,767
Long-term debt 633,080 594,759
Commitments and contingencies (Note 10)      
Shareholders’ equity:    
Preferred stock of $100 par value – 100,000 shares authorized; 11,500 shares issued as of March 31, 2013 and December 31, 2012 with a redemption value of $10,000 per share 1,150 1,150
Common stock of $0.01 par value – 128,000,000 shares authorized; 55,222,907 and 55,117,346 shares issued as of March 31, 2013 and December 31, 2012, respectively 365 364
Paid-in capital 849,710 849,046
Retained earnings 27,682 45,790
Deferred compensation obligation 3,176 3,111
Accumulated other comprehensive loss (963) (982)
Treasury stock – 234,253 and 218,320 shares of common stock, at cost, as of March 31, 2013 and December 31, 2012, respectively (3,427) (3,363)
Total shareholders’ equity 877,693 895,116
Total liabilities and shareholders’ equity $ 1,869,801 $ 1,842,989