v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 104,951 $ 48,602
Restricted cash 0 10,389
Accounts receivable, net 166,456 136,437
Rig materials and supplies 23,267 36,245
Deferred costs 5,223 4,353
Other tax assets 2,949 2,949
Other current assets 17,688 27,929
Total current assets 320,534 266,904
Property, plant, and equipment, net (Note 4) 299,768 534,371
Intangible assets, net (Note 5) 13,675 4,821
Rig materials and supplies 4,766 12,971
Deferred income taxes 4,416 2,143
Other non-current assets 39,689 7,204
Total assets 682,848 828,414
Current Liabilities:    
Debtor in possession financing (Note 2) 0 10,000
Accounts payable 55,104 39,678
Accrued liabilities 57,954 35,385
Accrued income taxes 5,058 3,385
Total current liabilities 118,116 88,448
Long-term debt (Note 8) 177,937 0
Other long-term liabilities 25,892 11,544
Long-term deferred tax liability 7,002 510
Commitments and contingencies (Note 11)
Total liabilities not subject to compromise 328,947 100,502
Liabilities subject to compromise (Note 2) 0 600,996
Total liabilities 328,947 701,498
Stockholders’ equity:    
Preferred stock   500
Common stock 150 1,398
Capital in excess of par value 347,340 766,347
Accumulated other comprehensive income (loss) (98) (6,879)
Retained earnings (accumulated deficit) 6,509 (634,450)
Total stockholders’ equity 353,901 126,916
Total liabilities and stockholders’ equity $ 682,848 $ 828,414

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