Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 4,889 $ 1,902
Restricted cash 15,513 8,083
Trade accounts receivable, net of allowance of $1,805 and $3,053, respectively 53,846 60,351
Inventories 8,546 8,716
Assets held for sale 7,344 4,383
Prepaid expenses and other current assets 11,925 12,010
Total current assets 102,063 95,445
Property and equipment, net of accumulated depreciation of $179,801 and $172,296, respectively 197,766 210,563
Operating lease right-of-use assets 8,896 9,614
Intangible assets, net of accumulated amortization of $1,222 and $1,099, respectively 6,055 6,178
Other assets, net 16,319 27,273
Total assets 331,099 349,073
Current liabilities:    
Accounts payable 68,463 64,944
Accrued expenses 67,327 55,264
Current portion of insurance reserves 24,181 22,587
Current portion of finance lease liabilities 6,839 7,520
Current portion of operating lease liabilities 1,800 1,936
Other current liabilities 2,058 8,371
Total current liabilities 170,668 160,622
Long-term debt, net 327,572 317,763
Insurance reserves 19,478 19,636
Asset retirement obligations 10,157 9,697
Operating lease liabilities 8,195 8,488
Other long-term liabilities 12,881 13,499
Total liabilities 548,951 529,705
Series A Participating Preferred Stock; $0.01 par value; 5,000,000 authorized and 118,805 outstanding 22,000 22,000
Stockholders' deficit:    
Common stock; $0.01 par value; 198,805,000 shares authorized; 27,912,059 shares issued and 24,899,932 shares outstanding 279 279
Additional paid-in capital 493,819 493,767
Retained deficit (728,616) (691,344)
Treasury stock, at cost, 3,012,127 shares (5,334) (5,334)
Total stockholders' deficit (239,852) (202,632)
Total liabilities and stockholders' deficit $ 331,099 $ 349,073