Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED CONDENSED BALANCE SHEETS

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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 162,457 $ 87,886
Accounts and notes receivable, net of allowance for bad debts of $11,156 and $8,117 at September 30, 2013 and December 31, 2012 249,623 168,562
Rig materials and supplies 40,202 28,860
Deferred costs 13,583 1,089
Deferred income taxes 13,473 8,742
Other tax assets 18,433 33,524
Assets held for sale 7,485 6,800
Other current assets 20,906 12,821
Total current assets 526,162 348,284
Property, plant and equipment less accumulated depreciation and amortization of $1,087,279 and $1,029,712 at September 30, 2013 and December 31, 2012 858,672 789,123
Deferred income taxes 107,763 95,295
Other noncurrent assets 42,783 23,031
Total assets 1,535,380 1,255,733
Current liabilities:    
Current portion of long-term debt 0 10,000
Accounts payable and accrued liabilities 191,229 137,746
Accrued income taxes 7,261 4,120
Total current liabilities 198,490 151,866
Long-term debt 653,968 469,205
Other long-term liabilities 24,048 23,182
Long-term deferred tax liability 39,084 20,847
Contingencies (Note 12) 0 0
Stockholders’ equity:    
Common stock 20,050 19,818
Capital in excess of par value 654,750 646,217
Accumulated other comprehensive income 957 0
Accumulated deficit (57,788) (74,631)
Total controlling interest stockholders’ equity 617,969 591,404
Noncontrolling interest 1,821 (771)
Total equity 619,790 590,633
Total liabilities and stockholders’ equity $ 1,535,380 $ 1,255,733