v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 21,077 $ 36,217
Trade accounts receivable, net of allowances of $4,681 and $2,208, for March 31, 2020, and December 31, 2019, respectively 119,391 99,626
Inventories, net 14,715 20,262
Prepaid expenses 8,140 6,407
Assets held for sale 10,810 55,149
Other current assets 5,664 2,727
Total current assets 179,797 220,388
Property and equipment, net 265,225 297,113
Operating lease right of use assets 14,220 14,540
Deferred debt costs, net of amortization 2,277 2,198
Goodwill 8,226 0
Intangible assets, net of amortization 6,547 2,603
Other assets 15,428 13,632
Total assets 491,720 550,474
Current liabilities:    
Accounts payable 60,719 58,022
Accrued expenses 61,915 41,962
Current portion of long-term debt 17,075 18,738
Derivative liability 13,265 0
Accrued short-term insurance reserves 17,027 15,002
Operating lease right-of-use liabilities, current portion 5,174 4,906
Liabilities associated with assets held for sale 1,292 5,248
Other current liabilities 2,141 4,306
Total current liabilities 178,608 148,184
Long-term debt, net of discounts and deferred financing costs of $27,626 and $8,795, at March 31, 2020, and December 31, 2019, respectively 309,474 308,365
Accrued long-term insurance reserves 25,877 20,204
Deferred compensation 11,928 10,838
Operating lease right-of-use liabilities, long-term portion 9,172 9,634
Asset retirement obligations 10,465 9,044
Deferred tax liability 938 0
Other long-term liabilities 2,783 3,082
Total liabilities 549,245 509,351
Series A Participating Preferred Stock; $0.01 par value; 5,000,000 authorized and 118,805 and zero shares outstanding at March 31, 2020, and December 31, 2019, respectively 22,000 0
Stockholders' equity:    
Common stock; $0.01 par value; 80,000,000 shares authorized at March 31, 2020, and December 31, 2019; 27,912,059 and 27,912,059 shares issued and 24,977,364 and 24,904,485 shares outstanding at March 31, 2020, and December 31, 2019, respectively 279 279
Additional paid-in capital 493,571 472,594
Retained deficit (568,050) (423,169)
Treasury stock, at cost, 2,934,695 and 3,007,574 shares at March 31, 2020, and December 31, 2019, respectively (5,325) (8,581)
Total stockholders' equity (79,525) 41,123
Total liabilities and stockholders' equity $ 491,720 $ 550,474

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