Balance Sheet

v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
1 Months Ended 8 Months Ended
Sep. 30, 2016
Sep. 12, 2016
Dec. 31, 2015
Common Stock Issued in Exchange for Liabilities $ 0 $ 140,952  
Current assets      
Cash and cash equivalents 13,994 31,414 $ 11,955
Accounts receivable, net of allowance for doubtful accounts 32,137   47,965
Derivative assets 446   97,956
Other current assets 3,518   7,104
Total current assets 50,095   164,980
Property and equipment, net 251,200   344,395
Other assets 5,571   8,350
Total assets 306,866   517,725
Current liabilities      
Accounts payable and accrued liabilities 45,432   103,525
Derivative Liability, Current 3,888    
Long-term Debt, Current Maturities 0   1,224,383
Total current liabilities 49,320   1,327,908
Derivative Liability, Noncurrent 11,291   0
Long-term Debt, Excluding Current Maturities 54,350   0
Other liabilities 4,451   104,938
Commitments and contingencies (Note 13)  
Shareholders’ equity (deficit):      
Predecessor preferred stock of $100 par value – 100,000 shares authorized; Series A – 3,915 shares issued as of December 31, 2015 and Series B – 27,551 issued as of December 31, 2015, each with a redemption value of $10,000 per share 0    
Postconfirmation, Stockholders' Equity   190,895  
Predecessor common stock of $0.01 par value – 228,000,000 shares authorized; 81,252,676 shares issued as of December 31, 2015 150 0  
Retained Earnings (Accumulated Deficit) (3,441)    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 187,454   (915,121)
Other Deferred Compensation 0    
Accumulated Other Comprehensive Income (Loss), Net of Tax 0    
Treasury Stock, Value 0    
Total shareholders’ equity (deficit) 187,454   (915,121)
Total liabilities and shareholders’ equity (deficit) 306,866   517,725
Predecessor [Member]      
Shareholders’ equity (deficit):      
Predecessor paid-in capital 0    
Preferred stock      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   0  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 0   3,146
Common stock      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   150  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 150   628
Retained Earnings [Member]      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   0  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (3,441) 0 (2,130,271)
Treasury Stock [Member]      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   0  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 0   3,574
Additional Paid-in Capital [Member]      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   190,745  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 190,745   1,211,088
Deferred Compensation, Share-based Payments [Member]      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity   0  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 0   3,440
AOCI Attributable to Parent [Member]      
Shareholders’ equity (deficit):      
Postconfirmation, Stockholders' Equity [1]   $ 0  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 0   $ 422
[1] Accumulated other comprehensive income (“AOCI”) is entirely attributable to our defined benefit pension and postretirement health care plans. The changes in the balance of AOCI for the period January 1, 2016 through September 12, 2016, represent reclassifications from AOCI to net periodic benefit expense, a component of “General and administrative expenses,” of $(38).

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