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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 152,200 $ 174,185
Accounts receivable, net of allowance for credit losses of $7,571 and $6,516 at March 31, 2020 and December 31, 2019, respectively 319,072 339,699
Federal and state income taxes receivable 8,374 6,397
Inventory 34,142 36,357
Other 70,919 75,177
Total current assets 584,707 631,815
Property and equipment, net 3,187,159 3,306,677
Right of use asset 29,570 31,275
Goodwill and intangible assets 43,640 444,004
Deposits on equipment purchases 6,730 8,066
Other 18,478 17,778
Total assets 3,870,284 4,439,615
Current liabilities:    
Accounts payable 140,102 170,475
Federal and state income taxes payable 341 342
Accrued liabilities 204,346 219,850
Lease liability 9,493 9,935
Total current liabilities 354,282 400,602
Long-term lease liability 25,512 26,644
Long-term debt, net of debt discount and issuance costs of $8,232 and $8,460 at March 31, 2020 and December 31, 2019, respectively 966,768 966,540
Deferred tax liabilities, net 134,765 202,959
Other 10,064 9,250
Total liabilities 1,491,391 1,605,995
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued
Common stock, par value $.01; authorized 400,000,000 shares with 269,523,313 and 269,372,257 issued and 186,357,521 and 192,035,870 outstanding at March 31, 2020 and December 31, 2019, respectively 2,695 2,694
Additional paid-in capital 2,884,839 2,875,680
Retained earnings 852,426 1,294,902
Accumulated other comprehensive income 4,092 5,478
Treasury stock, at cost, 83,165,792 and 77,336,387 shares at March 31, 2020 and December 31, 2019, respectively (1,365,159) (1,345,134)
Total stockholders' equity 2,378,893 2,833,620
Total liabilities and stockholders' equity $ 3,870,284 $ 4,439,615