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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,717 $ 5,885
Accounts receivable:    
Trade - less allowance for doubtful accounts 264,703 290,931
Other 88,381 102,443
Inventories - net 186,930 184,511
Prepaid expenses and other current assets 45,088 45,283
Deferred income taxes 11,188 11,723
Total current assets 598,007 640,776
Property and equipment 4,108,140 4,059,763
Less accumulated depreciation (1,324,627) (1,280,783)
Property and equipment - net 2,783,513 2,778,980
Goodwill 586,718 586,718
Other assets 140,748 145,807
Total assets 4,108,986 4,152,281
Current liabilities:    
Income taxes payable 3,169 3,564
Accounts payable 125,814 132,799
Accrued liabilities 164,025 184,254
Deferred revenues 34,574 41,300
Total current liabilities 327,582 361,917
Long-term debt - less current portion 712,163 774,849
Deferred income taxes 684,388 669,808
Other long-term liabilities 68,193 66,511
Total long-term liabilities $ 1,464,744 $ 1,511,168
Contingencies and commitments
Kirby stockholders' equity:    
Common stock, $.10 par value per share. Authorized 120,000,000 shares, issued 59,776,000 shares $ 5,978 $ 5,978
Additional paid-in capital 428,836 434,783
Accumulated other comprehensive income - net (44,037) (44,686)
Retained earnings 2,238,929 2,200,830
Treasury stock - at cost, 5,972,000 shares at March 31, 2016 and 6,056,000 at December 31, 2015 (323,308) (328,094)
Total Kirby stockholders' equity 2,306,398 2,268,811
Noncontrolling interests 10,262 10,385
Total equity 2,316,660 2,279,196
Total liabilities and equity $ 4,108,986 $ 4,152,281