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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 974 $ 835
Accounts receivable, net of allowance for doubtful accounts of $5,174 and $5,199 at June 30, 2016 and December 31, 2015, respectively 67,506 79,941
Materials and supplies 3,324 3,565
Current derivative asset (Note 10) 0 10,186
Current income tax receivable 2,033 21,002
Current deferred tax asset 8,598 14,206
Assets held for sale 0 615
Prepaid expenses and other 6,859 9,908
Total current assets 89,294 140,258
Oil and natural gas properties on the full cost method:    
Proved properties 5,420,972 5,401,618
Unproved properties not being amortized 321,191 337,099
Drilling equipment 1,567,765 1,567,560
Gas gathering and processing equipment 697,573 689,063
Saltwater disposal systems 60,527 60,316
Corporate land and building 56,149 49,890
Transportation equipment 34,055 40,072
Other 45,777 45,489
Property, plant, and equipment, gross 8,204,009 8,191,107
Less accumulated depreciation, depletion, amortization, and impairment 5,818,163 5,609,980
Net property and equipment 2,385,846 2,581,127
Goodwill 62,808 62,808
Non-current derivative asset (Note 10) 0 968
Other assets 14,148 14,681
Total assets 2,552,096 2,799,842
Current liabilities:    
Accounts payable 72,744 87,413
Accrued liabilities (Note 5) 46,368 46,918
Current derivative liability (Note 10) 9,646 0
Current portion of other long-term liabilities (Note 6) 17,999 16,560
Total current liabilities 146,757 150,891
Long-term debt less debt issuance costs (Note 6) 875,051 918,995
Non-current derivative liability (Note 10) 3,420 285
Other long-term liabilities (Note 6) 103,926 140,341
Deferred income taxes 211,721 275,750
Shareholders' equity:    
Preferred stock, $1.00 par value, 5,000,000 shares authorized, none issued 0 0
Common stock, $.20 par value, 175,000,000 shares authorized, 51,504,959 and 50,413,101 shares issued as of June 30, 2016 and December 31, 2015, respectively 10,016 9,831
Capital in excess of par value 497,312 486,571
Retained earnings 703,893 817,178
Total shareholders' equity 1,211,221 1,313,580
Total liabilities and shareholders' equity $ 2,552,096 $ 2,799,842