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Condensed Consolidated Balance Sheets (Unaudited)
$ in Thousands, € in Millions
Sep. 30, 2016
EUR (€)
Sep. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
Current assets:          
Cash and cash equivalents   $ 62,536 $ 84,933 $ 88,239 $ 173,608
Accounts receivable, net   34,686 44,365    
Unbilled receivables   23,680 19,937    
Inventories   33,308 32,721    
Prepaid expenses and other current assets   9,910 14,807    
Total current assets   164,120 196,763    
Property, plant, equipment and seismic rental equipment, net   53,524 72,027    
Multi-client data library, net   112,705 132,237    
Goodwill € 15.7 23,412 26,274    
Intangible assets, net   3,526 4,810    
Other assets   2,395 2,977    
Total assets   359,682 435,088    
Current liabilities:          
Current maturities of long-term debt   19,226 7,912    
Accounts payable   32,034 29,799    
Accrued expenses   32,753 34,287    
Accrued multi-client data library royalties   22,344 25,045    
Deferred revenue   4,395 6,560    
Total current liabilities   110,752 103,603    
Long-term debt, net of current maturities   144,299 175,080    
Other long-term liabilities   44,157 44,365    
Total liabilities   299,208 323,048    
Equity:          
Common stock, $0.01 par value; authorized 26,666,667 shares; outstanding 11,786,297 and 10,702,689 shares at September 30, 2016 and December 31, 2015, respectively, net of treasury stock   118 107    
Additional paid-in capital   898,238 894,715    
Accumulated deficit   (818,188) (759,531)    
Accumulated other comprehensive loss   (20,063) (14,781)    
Treasury stock, at cost, zero and 353,124 shares at September 30, 2016 and December 31, 2015 respectively   0 (8,551)    
Total stockholders’ equity   60,105 111,959    
Noncontrolling interest   369 81    
Total equity   60,474 112,040    
Total liabilities and equity   $ 359,682 $ 435,088