Quarterly report pursuant to Section 13 or 15(d)

GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details)

v3.19.2
GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details) - USD ($)
$ / shares in Units, $ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:            
Cash and cash equivalents $ 88,430 [1]   $ 50,753 [1] $ 15,057   $ 13,583
Receivables:            
Trade, operating, net of allowance for doubtful accounts 30,493   33,306      
Trade, dry-leasing 5,165   3,803      
Tax receivables 2,680   3,187      
Other 16,478   2,343      
Inventories, net 21,004   20,673      
Prepaid expenses 2,822   1,807      
Total current assets 167,072   115,872      
Property and equipment 918,972   917,161      
Accumulated depreciation (336,825)   (317,967)      
Property and equipment, net 582,147   599,194      
Operating lease right-of-use 8,080          
Equity investments and advances 0   27,112      
Investments in consolidated subsidiaries 0   0      
Intangible assets 1,098   1,107      
Deferred income taxes 0   0      
Intercompany receivables 0   0      
Other assets 6,487   21,578      
Total assets 764,884   764,863      
Current liabilities:            
Accounts payable and accrued expenses 13,467   13,161      
Accrued wages and benefits 8,222   9,267      
Accrued interest 536   569      
Accrued income taxes 938   973      
Accrued other taxes 1,410   1,268      
Accrued contingencies 647   630      
Current portion of long-term debt 1,859   2,058      
Other current liabilities 2,902   878      
Total current liabilities 29,981   28,804      
Long-term debt 158,981   160,217      
Deferred income taxes 106,929   108,357      
Intercompany payables 0   0      
Operating lease liabilities 6,387          
Other liabilities 850   747      
Total liabilities 303,128   298,125      
Redeemable noncontrolling interest 3,094 $ 3,160 3,302 3,466 $ 3,603 3,766
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,419,462 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224   219      
Additional paid-in capital 449,687   447,298      
Retained earnings 17,282   18,285      
Treasury shares, at cost; 958,481 and 156,737 shares in 2019 and 2018, respectively (8,531)   (2,476)      
Accumulated other comprehensive income, net of tax 0   110      
Total equity 458,662 $ 458,885 463,436 $ 436,048 $ 445,716 $ 445,681
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 764,884   764,863      
Allowance for doubtful accounts, trade receivables $ 139   $ 261      
Common stock, par value (in dollars per share) $ 0.01   $ 0.01      
Common stock, shares authorized (in shares) 60,000,000   60,000,000      
Common stock, shares outstanding (in shares) 21,419,462   21,765,404      
Treasury shares (in shares) 958,481   156,737      
Reportable Legal Entities | Parent            
Current assets:            
Cash and cash equivalents $ 83,584   $ 48,396      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 0   0      
Trade, dry-leasing 0   0      
Tax receivables 0   0      
Other 0   0      
Inventories, net 0   0      
Prepaid expenses 756   398      
Total current assets 84,340   48,794      
Property and equipment 0   0      
Accumulated depreciation 0   0      
Property and equipment, net 0   0      
Operating lease right-of-use 0          
Equity investments and advances     0      
Investments in consolidated subsidiaries 181,684   172,950      
Intangible assets 0   0      
Deferred income taxes 10,602   9,904      
Intercompany receivables 317,076   366,541      
Other assets 961   1,251      
Total assets 594,663   599,440      
Current liabilities:            
Accounts payable and accrued expenses 137   136      
Accrued wages and benefits 5   43      
Accrued interest 469   500      
Accrued income taxes 918   918      
Accrued other taxes 0   0      
Accrued contingencies 0   0      
Current portion of long-term debt 0   0      
Other current liabilities 998   647      
Total current liabilities 2,527   2,244      
Long-term debt 133,496   133,900      
Deferred income taxes 0   0      
Intercompany payables 0   0      
Operating lease liabilities 0          
Other liabilities 0   0      
Total liabilities 136,023   136,144      
Redeemable noncontrolling interest 0   0      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,419,462 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224   219      
Additional paid-in capital 449,688   447,299      
Retained earnings 17,259   18,254      
Treasury shares, at cost; 958,481 and 156,737 shares in 2019 and 2018, respectively (8,531)   (2,476)      
Accumulated other comprehensive income, net of tax     0      
Total equity 458,640   463,296      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 594,663   599,440      
Reportable Legal Entities | Guarantors            
Current assets:            
Cash and cash equivalents 0   0      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 23,151   27,509      
Trade, dry-leasing 5,165   3,803      
Tax receivables 10   6      
Other 16,336   1,949      
Inventories, net 20,962   20,633      
Prepaid expenses 1,778   1,219      
Total current assets 67,402   55,119      
Property and equipment 902,246   900,611      
Accumulated depreciation (332,872)   (314,567)      
Property and equipment, net 569,374   586,044      
Operating lease right-of-use 7,028          
Equity investments and advances     27,112      
Investments in consolidated subsidiaries 0   0      
Intangible assets 0   0      
Deferred income taxes 0   0      
Intercompany receivables 0   0      
Other assets 5,421   20,231      
Total assets 649,225   688,506      
Current liabilities:            
Accounts payable and accrued expenses 11,375   11,357      
Accrued wages and benefits 6,621   7,743      
Accrued interest 67   69      
Accrued income taxes 10   6      
Accrued other taxes 1,034   768      
Accrued contingencies 0   0      
Current portion of long-term debt 1,663   1,663      
Other current liabilities 1,438   220      
Total current liabilities 22,208   21,826      
Long-term debt 25,485   26,317      
Deferred income taxes 116,285   117,015      
Intercompany payables 253,989   310,727      
Operating lease liabilities 5,793          
Other liabilities 850   720      
Total liabilities 424,610   476,605      
Redeemable noncontrolling interest 3   3      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,419,462 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0   0      
Additional paid-in capital 100,307   100,306      
Retained earnings 124,305   111,482      
Treasury shares, at cost; 958,481 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     110      
Total equity 224,612   211,898      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 649,225   688,506      
Reportable Legal Entities | Non-guarantors            
Current assets:            
Cash and cash equivalents 4,846   2,357      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 7,342   5,797      
Trade, dry-leasing 0   0      
Tax receivables 2,670   3,181      
Other 142   394      
Inventories, net 42   40      
Prepaid expenses 288   190      
Total current assets 15,330   11,959      
Property and equipment 16,726   16,550      
Accumulated depreciation (3,953)   (3,400)      
Property and equipment, net 12,773   13,150      
Operating lease right-of-use 1,052          
Equity investments and advances     0      
Investments in consolidated subsidiaries 0   0      
Intangible assets 1,098   1,107      
Deferred income taxes 0   0      
Intercompany receivables 171   0      
Other assets 105   96      
Total assets 30,529   26,312      
Current liabilities:            
Accounts payable and accrued expenses 1,955   1,668      
Accrued wages and benefits 1,596   1,481      
Accrued interest 0   0      
Accrued income taxes 10   49      
Accrued other taxes 376   500      
Accrued contingencies 647   630      
Current portion of long-term debt 196   395      
Other current liabilities 466   11      
Total current liabilities 5,246   4,734      
Long-term debt 0   0      
Deferred income taxes 1,246   1,245      
Intercompany payables 63,280   55,847      
Operating lease liabilities 594          
Other liabilities 0   27      
Total liabilities 70,366   61,853      
Redeemable noncontrolling interest 3,091   3,299      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,419,462 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0   0      
Additional paid-in capital 4,561   4,562      
Retained earnings (47,489)   (43,402)      
Treasury shares, at cost; 958,481 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     0      
Total equity (42,928)   (38,840)      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 30,529   26,312      
Eliminations            
Current assets:            
Cash and cash equivalents 0   0      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 0   0      
Trade, dry-leasing 0   0      
Tax receivables 0   0      
Other 0   0      
Inventories, net 0   0      
Prepaid expenses 0   0      
Total current assets 0   0      
Property and equipment 0   0      
Accumulated depreciation 0   0      
Property and equipment, net 0   0      
Operating lease right-of-use 0          
Equity investments and advances     0      
Investments in consolidated subsidiaries (181,684)   (172,950)      
Intangible assets 0   0      
Deferred income taxes (10,602)   (9,904)      
Intercompany receivables (317,247)   (366,541)      
Other assets 0   0      
Total assets (509,533)   (549,395)      
Current liabilities:            
Accounts payable and accrued expenses 0   0      
Accrued wages and benefits 0   0      
Accrued interest 0   0      
Accrued income taxes 0   0      
Accrued other taxes 0   0      
Accrued contingencies 0   0      
Current portion of long-term debt 0   0      
Other current liabilities 0   0      
Total current liabilities 0   0      
Long-term debt 0   0      
Deferred income taxes (10,602)   (9,903)      
Intercompany payables (317,269)   (366,574)      
Operating lease liabilities 0          
Other liabilities 0   0      
Total liabilities (327,871)   (376,477)      
Redeemable noncontrolling interest 0   0      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,419,462 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0   0      
Additional paid-in capital (104,869)   (104,869)      
Retained earnings (76,793)   (68,049)      
Treasury shares, at cost; 958,481 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     0      
Total equity (181,662)   (172,918)      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ (509,533)   $ (549,395)      
[1] Refer to footnote 5 for more detail on variable interest entities (“VIE”)