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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 246,781 $ 174,185
Accounts receivable, net of allowance for credit losses of $12,122 and $6,516 at June 30, 2020 and December 31, 2019, respectively 157,981 339,699
Federal and state income taxes receivable 8,725 6,397
Inventory 34,977 36,357
Other 69,071 75,177
Total current assets 517,535 631,815
Property and equipment, net 3,033,829 3,306,677
Right of use asset 18,699 31,275
Goodwill and intangible assets 38,336 444,004
Deposits on equipment purchases 6,676 8,066
Other 9,730 17,778
Total assets 3,624,805 4,439,615
Current liabilities:    
Accounts payable 72,958 170,475
Federal and state income taxes payable   342
Accrued liabilities 190,372 219,850
Lease liability 8,809 9,935
Total current liabilities 272,139 400,602
Long-term lease liability 23,556 26,644
Long-term debt, net of debt discount and issuance costs of $7,860 and $8,460 at June 30, 2020 and December 31, 2019, respectively 967,140 966,540
Deferred tax liabilities, net 115,740 202,959
Other 17,357 9,250
Total liabilities 1,395,932 1,605,995
Commitments and contingencies (see Note 9)
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 270,569,043 and 269,372,257 issued and 187,241,124 and 192,035,870 outstanding at June 30, 2020 and December 31, 2019, respectively 2,706 2,694
Additional paid-in capital 2,889,163 2,875,680
Retained earnings 698,286 1,294,902
Accumulated other comprehensive income 4,787 5,478
Treasury stock, at cost, 83,327,919 and 77,336,387 shares at June 30, 2020 and December 31, 2019, respectively (1,366,069) (1,345,134)
Total stockholders' equity 2,228,873 2,833,620
Total liabilities and stockholders' equity $ 3,624,805 $ 4,439,615