XML 20 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash $ 241,293 $ 192,680
Accounts receivable, net of allowance for credit losses of $15,047 and $3,490 at December 31, 2024 and 2023, respectively 763,806 971,091
Inventory 167,023 180,805
Other current assets 123,193 141,122
Total current assets 1,295,315 1,485,698
Property and equipment, net 3,010,342 3,340,412
Operating lease right of use asset 44,385 47,599
Finance lease right of use asset 27,018 63,228
Goodwill 487,388 1,379,741
Intangible assets, net 929,610 1,051,697
Deposits on equipment purchases 15,699 28,305
Other assets 23,709 19,424
Deferred tax assets, net 0 3,927
Total assets 5,833,466 7,420,031
Current liabilities:    
Accounts payable 421,318 534,420
Accrued liabilities 385,751 446,268
Operating lease liability 13,322 13,541
Finance lease liability 15,214 43,980
Current maturities of long-term debt 6,388 12,226
Total current liabilities 841,993 1,050,435
Long-term operating lease liability 34,305 37,848
Long-term finance lease liability 10,216 12,953
Long-term debt, net of debt discount and issuance costs of $7,637 and $8,919 at December 31, 2024 and 2023, respectively 1,219,770 1,224,941
Deferred tax liabilities, net 238,097 248,107
Other liabilities 13,241 25,066
Total liabilities 2,357,622 2,599,350
Commitments and contingencies (see Note 10)
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 800,000,000 and 800,000,000 shares with 520,784,783 and 516,775,313 issued and 387,344,755 and 411,195,302 outstanding at December 31, 2024 and 2023, respectively 5,206 5,166
Additional paid-in capital 6,453,606 6,407,294
Retained earnings (deficit) (1,039,338) 57,035
Accumulated other comprehensive income (loss) (2,584) 472
Treasury stock, at cost, 133,440,028 shares and 105,580,011 shares at December 31, 2024 and 2023, respectively (1,951,067) (1,657,675)
Total stockholders’ equity attributable to controlling interests 3,465,823 4,812,292
Noncontrolling interest 10,021 8,389
Total equity 3,475,844 4,820,681
Total liabilities and stockholders’ equity $ 5,833,466 $ 7,420,031