Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.19.3
Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables summarize the components of our shareholders equity and the changes therein as of and for the quarterly periods in 2019 and 2018.
 
 
Common Stock
 
Paid-in Capital
 
Retained Earnings
 
Accumulated Other Comprehensive Income
 
Total Shareholders’ Equity
Balance as of December 31, 2018
 
$
151

 
$
197,630

 
$
249,492

 
$
82

 
$
447,355

Net loss
 

 

 
(38,697
)
 

 
(38,697
)
Cumulative effect of change in accounting principle 1
 

 

 
(94
)
 

 
(94
)
All other changes 2
 

 
381

 

 
(1
)
 
380

Balance as of March 31, 2019
 
$
151

 
$
198,011

 
$
210,701

 
$
81

 
$
408,944

Net income
 

 

 
51,625

 

 
51,625

All other changes 2
 

 
986

 

 
(1
)
 
985

Balance as of June 30, 2019
 
$
151

 
$
198,997

 
$
262,326

 
$
80

 
$
461,554

Net income
 

 

 
54,362

 

 
54,362

All other changes 2
 

 
742

 

 

 
742

Balance as of September 30, 2019
 
$
151

 
$
199,739

 
$
316,688

 
$
80

 
$
516,658

_______________________
1  
Attributable to the adoption of ASC Topic 842 as of January 1, 2019 (see Note 9).
2 Includes equity-classified share-based compensation of $3.1 million during the nine months ended September 30, 2019. During the nine months ended September 30, 2019, 42,534 shares of common stock were issued in connection with the vesting of certain time-vested restricted stock units (“RSUs”), net of shares withheld for income taxes.
 
 
Common Stock
 
Paid-in Capital
 
Retained Earnings
 
Accumulated Other Comprehensive Income
 
Total Shareholders’ Equity
Balance as of December 31, 2017
 
$
150

 
$
194,123

 
$
27,366

 
$

 
$
221,639

Net income
 

 

 
10,295

 

 
10,295

Cumulative effect of change in accounting principle 1
 

 

 
(2,659
)
 

 
(2,659
)
All other changes 2
 
1

 
988

 

 

 
989

Balance as of March 31, 2018
 
$
151

 
$
195,111

 
$
35,002

 
$

 
$
230,264

Net loss
 

 

 
(2,521
)
 

 
(2,521
)
All other changes 2
 

 
869

 

 

 
869

Balance as of June 30, 2018
 
$
151

 
$
195,980

 
$
32,481

 
$

 
$
228,612

Net income
 

 

 
16,276

 

 
16,276

All other changes 2
 

 
1,020

 

 

 
1,020

Balance as of September 30, 2018
 
$
151

 
$
197,000

 
$
48,757

 
$

 
$
245,908

_______________________
1
Reflects a write-off for certain accounts receivable attributable to natural gas imbalances accounted for under the entitlements method prior to January 1, 2018, in connection with the adoption of ASC Topic 606, Revenues from Contracts with Customers.
2 Includes equity-classified share-based compensation of $3.5 million during the nine months ended September 30, 2018. During the nine months ended September 30, 2018, 53,411 and 1,495 shares of common stock were issued in connection with the vesting of certain RSUs and performance restricted stock units (“PRSUs”), net of shares withheld for income taxes, respectively.