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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 170,247 $ 192,680
Accounts receivable, net of allowance for credit losses of $12,866 and $3,490 at March 31, 2024 and December 31, 2023, respectively 872,773 971,091
Inventory 183,178 180,805
Other current assets 128,504 141,122
Total current assets 1,354,702 1,485,698
Property and equipment, net 3,319,345 3,340,412
Operating lease right of use asset 51,272 47,599
Finance lease right of use asset 32,888 63,228
Goodwill 1,379,741 1,379,741
Intangible assets, net 1,023,004 1,051,697
Deposits on equipment purchases 41,857 28,305
Other assets 18,595 19,424
Deferred tax assets, net 4,784 3,927
Total assets 7,226,188 7,420,031
Current liabilities:    
Accounts payable 544,864 534,420
Accrued liabilities 323,984 446,268
Operating lease liability 13,914 13,541
Finance lease liability 21,733 43,980
Current maturities of long-term debt 12,406 12,226
Total current liabilities 916,901 1,050,435
Long-term operating lease liability 40,227 37,848
Long-term finance lease liability 11,550 12,953
Long-term debt, net of debt discount and issuance costs of $8,597 and $8,919 at March 31, 2024 and December 31, 2023, respectively 1,221,058 1,224,941
Deferred tax liabilities, net 268,421 248,107
Other liabilities 16,174 25,066
Total liabilities 2,474,331 2,599,350
Commitments and contingencies (see Note 10)
Stockholders’ equity:    
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued 0 0
Common stock, par value $0.01; authorized 800,000,000 shares with 518,138,597 and 516,775,313 issued and 403,807,871 and 411,195,302 outstanding at March 31, 2024 and December 31, 2023, respectively 5,180 5,166
Additional paid-in capital 6,419,331 6,407,294
Retained earnings 75,295 57,035
Accumulated other comprehensive income (loss) (521) 472
Treasury stock, at cost, 114,330,726 and 105,580,011 shares at March 31, 2024 and December 31, 2023, respectively (1,756,288) (1,657,675)
Total stockholders’ equity attributable to controlling interests 4,742,997 4,812,292
Noncontrolling interest 8,860 8,389
Total equity 4,751,857 4,820,681
Total liabilities and stockholders’ equity $ 7,226,188 $ 7,420,031