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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 150,288 $ 137,553
Accounts receivable, net of allowance for credit losses of $2,828 and $2,875 at June 30, 2023 and December 31, 2022, respectively 491,049 565,520
Inventory 68,036 58,038
Other current assets 91,954 68,308
Total current assets 801,327 829,419
Property and equipment, net 2,263,581 2,260,576
Right of use asset 18,771 20,841
Intangible assets, net 5,140 5,845
Deposits on equipment purchases 14,222 13,051
Other assets 10,128 10,881
Deferred tax assets, net 4,027 3,210
Total assets 3,117,196 3,143,823
Current liabilities:    
Accounts payable 245,562 237,056
Accrued liabilities 204,006 308,787
Lease liability 4,753 5,123
Total current liabilities 454,321 550,966
Long-term lease liability 17,287 19,594
Long-term debt, net of debt discount and issuance costs of $4,992 and $5,468 at June 30, 2023 and December 31, 2022, respectively 822,408 830,937
Deferred tax liabilities, net 58,635 28,738
Other liabilities 44,376 48,065
Total liabilities 1,397,027 1,478,300
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock, par value $0.01; authorized 1,000,000 shares, no shares issued 0 0
Common stock, par value $0.01; authorized 400,000,000 shares with 304,927,639 and 302,325,853 issued and 207,993,589 and 213,567,131 outstanding at June 30, 2023 and December 31, 2022, respectively 3,049 3,023
Additional paid-in capital 3,208,927 3,202,973
Retained earnings (deficit) 62,899 (87,394)
Treasury stock, at cost, 96,934,050 and 88,758,722 shares at June 30, 2023 and December 31, 2022, respectively (1,554,706) (1,453,079)
Total stockholders' equity 1,720,169 1,665,523
Total liabilities and stockholders' equity $ 3,117,196 $ 3,143,823