Balance Sheet

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 4,655 $ 17,864
Accounts receivable, net of allowance for doubtful accounts 70,148 66,038
Derivative Asset, Current 2,658 34,932
Income Taxes Receivable, Current 3,707 2,471
Other current assets 4,553 5,125
Total current assets 85,721 126,430
Property and equipment, net (full cost method) 989,830 927,994
Derivative Asset, Noncurrent 229 10,100
Deferred income taxes 737 1,949
Other assets 4,555 2,481
Total assets 1,081,072 1,068,954
Current liabilities    
Accounts payable and accrued liabilities 117,268 103,700
Derivative liabilities 25,107 991
Total current liabilities 142,375 104,691
Other liabilities 7,684 5,533
Derivative liabilities 6,150 0
Long-term debt, net 515,919 511,375
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued 0 0
Common stock of $0.01 par value – 45,000,000 shares authorized; 15,105,251 and 15,080,594 shares issued as of March 31, 2019 and December 31, 2018, respectively 151 151
Paid-in capital 198,011 197,630
Retained earnings 210,701 249,492
Accumulated other comprehensive income 81 82
Total shareholders’ equity 408,944 447,355
Total liabilities and shareholders’ equity $ 1,081,072 $ 1,068,954

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