XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Current assets:        
Cash and cash equivalents $ 40,225 $ 52,652 $ 62,536 $ 84,933
Accounts receivable, net 39,374 20,770    
Unbilled receivables 25,833 13,415    
Inventories 14,264 15,241    
Prepaid expenses and other current assets 4,259 9,559    
Total current assets 123,955 111,637    
Property, plant, equipment and seismic rental equipment, net 55,188 67,488    
Multi-client data library, net 96,751 105,935    
Goodwill 24,048 22,208    
Intangible assets, net 2,026 3,103    
Other assets 1,485 2,845    
Total assets 303,453 313,216    
Current liabilities:        
Current maturities of long-term debt 38,819 14,581    
Accounts payable 24,674 26,889    
Accrued expenses 40,874 26,240    
Accrued multi-client data library royalties 24,576 23,663    
Deferred revenue 10,875 3,709    
Total current liabilities 139,818 95,082    
Long-term debt, net of current maturities 116,506 144,209    
Other long-term liabilities 17,066 20,527    
Total liabilities 273,390 259,818    
Equity:        
Common stock, $0.01 par value; authorized 26,666,667 shares; outstanding 11,896,190 and 11,792,447 shares at September 30, 2017 and December 31, 2016, respectively 119 118    
Additional paid-in capital 901,138 899,198    
Accumulated deficit (853,527) (824,679)    
Accumulated other comprehensive loss (18,999) (21,748)    
Total stockholders’ equity 28,731 52,889    
Noncontrolling interest 1,332 509    
Total equity 30,063 53,398    
Total liabilities and equity $ 303,453 $ 313,216