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Details Of Certain Accounts (Tables)
6 Months Ended
Jun. 30, 2012
Details Of Certain Accounts [Abstract]  
Other Current Assets

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

 

2012

 

 

2011

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

Other receivables

$

 2,120

 

 

$

 5,096

 

Prepaid insurance

 

 11,247

 

 

 

 12,701

 

Other prepaids

 

 15,937

 

 

 

 13,271

 

Spare parts inventory

 

 15,697

 

 

 

 18,066

 

Current deferred tax assets

 

 36,504

 

 

 

 41,449

 

Hedging assets

 

 25,696

 

 

 

 21,579

 

Gas and oil imbalance

 

 4,367

 

 

 

 5,134

 

Other

 

 6,411

 

 

 

 4,325

 

Total other current assets

$

 117,979

 

 

$

 121,621

 

Other Assets, Net

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

 

 

2012

 

 

2011

 

 

 

(in thousands)

 

 

 

 

 

 

Restricted cash

$

 31,081

 

 

$

 33,741

 

 

Deferred dry dock expenses, net

 

 20,341

(1)

 

 

 5,381

 

 

Deferred financing costs, net

 

 26,528

 

 

 

 26,483

 

 

Intangible assets with finite lives, net

 

 483

 

 

 

 531

 

 

Other

 8,353

 

 

 2,771

 

 

Total other assets, net

$

 86,786

 

 

$

 68,907

 

 

 

The increase subsequent to December 31, 2011 primarily reflects the costs associated with the completed regulatory dry docks for the Q4000 and Seawell in the first half of 2012.
Accrued Liabilities

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

 

 

2012

 

 

2011

 

 

 

(in thousands)

 

 

 

 

 

 

Accrued payroll and related benefits

$

 44,642

 

 

$

 49,599

 

 

Royalties payable

 

 11,943

 

 

 

 19,391

 

 

Current asset retirement obligations

 

 69,630

 

 

 

 93,183

 

 

Unearned revenue

 

 7,649

 

 

 

 7,654

 

 

Billing in excess of cost

 

 2,994

 

 

 

 28,839

 

 

Accrued interest

 

 17,509

 

 

 

 24,028

 

 

Hedging liability

 

 5,685

 

 

 

 1,247

 

 

Gas and oil imbalance

 

 3,609

 

 

 

 4,177

 

 

Other

 13,564

 

 

 11,845

 

 

Total accrued liabilities

$

 177,225

 

 

$

 239,963