v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,806 $ 36,217
Restricted cash 7,430 0
Trade accounts receivable, net of allowances of $4,755 and $2,208, at September 30, 2020, and December 31, 2019, respectively 69,920 99,626
Inventories, net 8,997 20,262
Prepaid expenses 11,403 6,407
Assets held for sale 10,918 55,149
Other current assets 2,717 2,727
Total current assets 118,191 220,388
Property and equipment, net 236,539 297,113
Operating lease right of use assets 10,584 14,540
Deferred debt costs, net of amortization 1,045 2,198
Goodwill 8,320 0
Intangible assets, net of amortization 6,301 2,603
Other assets 15,725 13,632
Total assets 396,705 550,474
Current liabilities:    
Accounts payable 63,954 58,022
Accrued expenses 65,178 41,962
Current portion of long-term debt 7,609 18,738
Derivative liability 5,797 0
Accrued short-term insurance reserves 17,860 15,002
Operating lease right-of-use liabilities, current portion 2,125 4,906
Liabilities associated with assets held for sale 869 5,248
Other current liabilities 6,716 4,306
Total current liabilities 170,108 148,184
Long-term debt, net of discounts and deferred financing costs of $23,412 and $8,795, at September 30, 2020, and December 31, 2019, respectively 304,050 308,365
Accrued long-term insurance reserves 26,685 20,204
Deferred compensation 7,063 10,838
Operating lease right-of-use liabilities, long-term portion 9,046 9,634
Asset retirement obligations 10,871 9,044
Deferred tax liability 666 0
Other long-term liabilities 2,281 3,082
Total liabilities 530,770 509,351
Series A Participating Preferred Stock; $0.01 par value; 5,000,000 authorized and 118,805 and zero shares outstanding at September 30, 2020, and December 31, 2019, respectively 22,000 0
Stockholders' equity (deficit):    
Common stock; $0.01 par value; 198,805,000 and 80,000,000 shares authorized at September 30, 2020, and December 31, 2019, respectively; 27,912,059 and 27,912,059 shares issued and 24,899,932 and 24,904,485 shares outstanding at September 30, 2020, and December 31, 2019, respectively 279 279
Additional paid-in capital 493,717 472,594
Retained deficit (644,727) (423,169)
Treasury stock, at cost, 3,012,127 and 3,007,574 shares at September 30, 2020, and December 31, 2019, respectively (5,334) (8,581)
Total stockholders' equity (deficit) (156,065) 41,123
Total liabilities and stockholders' equity (deficit) $ 396,705 $ 550,474

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