XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 53,052 $ 80,338
Accounts receivable:    
Trade - less allowance for doubtful accounts 352,372 315,283
Other 165,478 284,899
Inventories - net 325,545 309,675
Prepaid expenses and other current assets 66,696 57,776
Total current assets 963,143 1,047,971
Property and equipment 5,593,651 5,615,400
Accumulated depreciation (1,730,845) (1,698,330)
Property and equipment - net 3,862,806 3,917,070
Operating lease right-of-use assets 164,911 174,317
Goodwill 657,800 657,800
Other intangibles, net 64,397 68,979
Other assets 54,758 58,037
Total assets 5,767,815 5,924,174
Current liabilities:    
Bank notes payable 1,417 40
Income taxes payable 497 474
Accounts payable 188,724 162,507
Accrued liabilities 231,603 224,855
Current portion of operating lease liabilities 31,963 32,750
Deferred revenues 44,018 45,406
Total current liabilities 498,222 466,032
Long-term debt, net - less current portion 1,274,262 1,468,546
Deferred income taxes 612,682 606,844
Operating lease liabilities - less current portion 153,457 163,496
Other long-term liabilities 123,863 131,703
Total long-term liabilities 2,164,264 2,370,589
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 848,081 844,979
Accumulated other comprehensive income - net (57,683) (61,452)
Retained earnings 2,600,208 2,593,393
Treasury stock - at cost, 5,366,000 shares at June 30, 2021 and 5,434,000 at December 31, 2020 (295,463) (299,161)
Total Kirby stockholders' equity 3,101,690 3,084,306
Noncontrolling interests 3,639 3,247
Total equity 3,105,329 3,087,553
Total liabilities and equity $ 5,767,815 $ 5,924,174