XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 37,839 $ 35,152
Accounts receivable, net of allowance for doubtful accounts of $3,116 and $3,191 at September 30, 2017 and December 31, 2016, respectively 544,509 148,091
Federal and state income taxes receivable 630 2,126
Inventory 40,672 20,191
Other 54,647 41,322
Total current assets 678,297 246,882
Property and equipment, net 4,198,285 3,408,963
Goodwill and intangible assets 533,682 88,966
Deposits on equipment purchases 15,027 16,050
Deferred tax assets, net 2,562 4,124
Other 45,122 7,306
Total assets 5,472,975 3,772,291
Current liabilities:    
Accounts payable 303,522 125,667
Accrued expenses 245,826 139,148
Total current liabilities 549,348 264,815
Borrowings under revolving credit facility 144,000  
Long-term debt, net of debt issuance cost of $1,303 and $1,563 at September 30, 2017 and December 31, 2016, respectively 598,697 598,437
Deferred tax liabilities, net 576,312 650,661
Other 11,416 9,654
Total liabilities 1,879,773 1,523,567
Commitments and contingencies (see Note 10)
Stockholders' equity:    
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued
Common stock, par value $.01; authorized 300,000,000 shares with 257,428,497 and 191,525,872 issued and 213,652,526 and 148,133,255 outstanding at September 30, 2017 and December 31, 2016, respectively 2,574 1,915
Additional paid-in capital 2,588,327 1,042,696
Retained earnings 1,914,966 2,116,341
Accumulated other comprehensive income (loss) 5,461 (1,134)
Treasury stock, at cost, 43,775,971 and 43,392,617 shares at September 30, 2017 and December 31, 2016, respectively (918,126) (911,094)
Total stockholders' equity 3,593,202 2,248,724
Total liabilities and stockholders' equity $ 5,472,975 $ 3,772,291