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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 119,586 $ 24,737
Accounts receivable:    
Trade - less allowance for doubtful accounts 304,021 379,174
Other 257,656 104,175
Inventories - net 321,433 351,401
Prepaid expenses and other current assets 58,023 58,092
Total current assets 1,060,719 917,579
Property and equipment 5,629,361 5,324,090
Accumulated depreciation (1,671,217) (1,546,980)
Property and equipment - net 3,958,144 3,777,110
Operating lease right-of-use assets 178,714 159,641
Goodwill 657,800 953,826
Other intangibles - net 71,313 210,682
Other assets 54,430 60,259
Total assets 5,981,120 6,079,097
Current liabilities:    
Bank notes payable 155 16
Income taxes payable 459 665
Accounts payable 156,950 206,778
Accrued liabilities 228,764 236,350
Current portion of operating lease liabilities 32,545 27,324
Deferred revenues 31,192 42,982
Total current liabilities 450,065 514,115
Long-term debt, net - less current portion 1,578,189 1,369,751
Deferred income taxes 591,346 588,204
Operating lease liabilities - less current portion 167,884 139,457
Other long-term liabilities 115,269 95,978
Total long-term liabilities 2,452,688 2,193,390
Contingencies and commitments
Kirby stockholders' equity:    
Common stock, $0.10 par value per share. Authorized 120,000,000 shares, issued 65,472,000 shares 6,547 6,547
Additional paid-in capital 842,301 835,899
Accumulated other comprehensive income - net (45,635) (37,799)
Retained earnings 2,571,189 2,865,939
Treasury stock - at cost, 5,434,000 shares at September 30, 2020 and 5,513,000 at December 31, 2019 (299,139) (301,963)
Total Kirby stockholders' equity 3,075,263 3,368,623
Noncontrolling interests 3,104 2,969
Total equity 3,078,367 3,371,592
Total liabilities and equity $ 5,981,120 $ 6,079,097