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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 255,514 $ 245,029
Accounts receivable, net of allowance for doubtful accounts of $5,901 and $2,312 at June 30, 2019 and December 31, 2018, respectively 501,206 558,817
Federal and state income taxes receivable 5,954 4,110
Inventory 68,611 65,579
Other 66,459 76,662
Total current assets 897,744 950,197
Property and equipment, net 3,769,258 4,002,549
Right of use asset 26,665  
Goodwill and intangible assets 472,413 477,640
Deposits on equipment purchases 7,312 12,040
Other 18,391 27,440
Total assets 5,191,783 5,469,866
Current liabilities:    
Accounts payable 242,166 288,962
Federal and state income taxes payable 269 1,408
Accrued liabilities 218,632 235,946
Lease liability 8,977  
Total current liabilities 470,044 526,316
Long-term lease liability 22,355  
Long-term debt, net of debt discount and issuance costs of $5,352 and $5,795 at June 30, 2019 and December 31, 2018, respectively 1,119,648 1,119,205
Deferred tax liabilities, net 291,294 306,161
Other 10,131 12,761
Total liabilities 1,913,472 1,964,443
Commitments and contingencies (see Note 10)
Stockholders' equity:    
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued
Common stock, par value $.01; authorized 400,000,000 shares with 268,790,705 and 267,315,526 issued and 202,401,130 and 213,614,430 outstanding at June 30, 2019 and December 31, 2018, respectively 2,688 2,673
Additional paid-in capital 2,856,746 2,827,154
Retained earnings 1,658,417 1,753,557
Accumulated other comprehensive income 4,279 2,487
Treasury stock, at cost, 66,389,575 and 53,701,096 shares at June 30, 2019 and December 31, 2018, respectively (1,243,819) (1,080,448)
Total stockholders' equity 3,278,311 3,505,423
Total liabilities and stockholders' equity $ 5,191,783 $ 5,469,866