Quarterly report pursuant to Section 13 or 15(d)

GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details)

v3.19.3
GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details) - USD ($)
$ / shares in Units, $ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Dec. 31, 2017
Current assets:            
Cash and cash equivalents $ 107,736 [1]   $ 50,753 [1] $ 47,631   $ 13,583
Receivables:            
Trade, operating, net of allowance for doubtful accounts 31,312   33,306      
Trade, dry-leasing 5,864   3,803      
Tax receivables 2,705   3,187      
Other 11,567   2,343      
Inventories, net 20,826   20,673      
Prepaid expenses 2,851   1,807      
Total current assets 182,861   115,872      
Property and equipment 901,580   917,161      
Accumulated depreciation (334,730)   (317,967)      
Property and equipment, net 566,850   599,194      
Operating lease right-of-use 9,907          
Equity investments and advances 0   27,112      
Investments in consolidated subsidiaries 0   0      
Intangible assets 1,094   1,107      
Deferred income taxes 0   0      
Intercompany receivables 0   0      
Other assets 6,363   21,578      
Total assets 767,075   764,863      
Current liabilities:            
Accounts payable and accrued expenses 11,940   13,161      
Accrued wages and benefits 8,960   9,267      
Accrued interest 3,321   569      
Accrued income taxes 2,945   973      
Accrued other taxes 1,986   1,268      
Accrued contingencies 548   630      
Current portion of long-term debt 1,845   2,058      
Other current liabilities 2,851   878      
Total current liabilities 34,396   28,804      
Long-term debt 158,731   160,217      
Deferred income taxes 105,440   108,357      
Intercompany payables 0   0      
Operating lease liabilities 8,166          
Other liabilities 850   747      
Total liabilities 307,583   298,125      
Redeemable noncontrolling interest 2,945 $ 3,094 3,302 3,456 $ 3,466 3,766
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,288,619 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224   219      
Additional paid-in capital 451,103   447,298      
Retained earnings 15,372   18,285      
Treasury shares, at cost; 1,149,820 and 156,737 shares in 2019 and 2018, respectively (10,152)   (2,476)      
Accumulated other comprehensive income, net of tax 0   110      
Total equity 456,547 $ 458,662 463,436 $ 468,470 $ 436,048 $ 445,681
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 767,075   764,863      
Allowance for doubtful accounts, trade receivables $ 176   $ 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) 21,288,619   21,765,404      
Treasury shares (in shares) 1,149,820   156,737      
Reportable Legal Entities | Parent            
Current assets:            
Cash and cash equivalents $ 105,639   $ 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 565   398      
Total current assets 106,204   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 183,226   172,950      
Intangible assets 0   0      
Deferred income taxes 12,774   9,904      
Intercompany receivables 294,405   366,541      
Other assets 815   1,251      
Total assets 597,424   599,440      
Current liabilities:            
Accounts payable and accrued expenses 134   136      
Accrued wages and benefits 32   43      
Accrued interest 3,261   500      
Accrued income taxes 2,922   918      
Accrued other taxes 0   0      
Accrued contingencies 0   0      
Current portion of long-term debt 0   0      
Other current liabilities 885   647      
Total current liabilities 7,234   2,244      
Long-term debt 133,662   133,900      
Deferred income taxes 0   0      
Intercompany payables 0   0      
Operating lease liabilities 0          
Other liabilities 0   0      
Total liabilities 140,896   136,144      
Redeemable noncontrolling interest 0   0      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,288,619 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224   219      
Additional paid-in capital 451,104   447,299      
Retained earnings 15,352   18,254      
Treasury shares, at cost; 1,149,820 and 156,737 shares in 2019 and 2018, respectively (10,152)   (2,476)      
Accumulated other comprehensive income, net of tax     0      
Total equity 456,528   463,296      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 597,424   599,440      
Reportable Legal Entities | Guarantors            
Current assets:            
Cash and cash equivalents 0   0      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 24,779   27,509      
Trade, dry-leasing 5,864   3,803      
Tax receivables 10   6      
Other 11,305   1,949      
Inventories, net 20,784   20,633      
Prepaid expenses 2,046   1,219      
Total current assets 64,788   55,119      
Property and equipment 884,816   900,611      
Accumulated depreciation (330,543)   (314,567)      
Property and equipment, net 554,273   586,044      
Operating lease right-of-use 8,095          
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 5,145   20,231      
Total assets 632,301   688,506      
Current liabilities:            
Accounts payable and accrued expenses 10,247   11,357      
Accrued wages and benefits 7,216   7,743      
Accrued interest 60   69      
Accrued income taxes 10   6      
Accrued other taxes 1,693   768      
Accrued contingencies 0   0      
Current portion of long-term debt 1,663   1,663      
Other current liabilities 1,585   220      
Total current liabilities 22,474   21,826      
Long-term debt 25,069   26,317      
Deferred income taxes 116,968   117,015      
Intercompany payables 231,203   310,727      
Operating lease liabilities 6,731          
Other liabilities 850   720      
Total liabilities 403,295   476,605      
Redeemable noncontrolling interest 3   3      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,288,619 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 128,696   111,482      
Treasury shares, at cost; 1,149,820 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     110      
Total equity 229,003   211,898      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 632,301   688,506      
Reportable Legal Entities | Non-guarantors            
Current assets:            
Cash and cash equivalents 2,097   2,357      
Receivables:            
Trade, operating, net of allowance for doubtful accounts 6,533   5,797      
Trade, dry-leasing 0   0      
Tax receivables 2,695   3,181      
Other 262   394      
Inventories, net 42   40      
Prepaid expenses 240   190      
Total current assets 11,869   11,959      
Property and equipment 16,764   16,550      
Accumulated depreciation (4,187)   (3,400)      
Property and equipment, net 12,577   13,150      
Operating lease right-of-use 1,812          
Equity investments and advances     0      
Investments in consolidated subsidiaries 0   0      
Intangible assets 1,094   1,107      
Deferred income taxes 0   0      
Intercompany receivables 47   0      
Other assets 403   96      
Total assets 27,802   26,312      
Current liabilities:            
Accounts payable and accrued expenses 1,559   1,668      
Accrued wages and benefits 1,712   1,481      
Accrued interest 0   0      
Accrued income taxes 13   49      
Accrued other taxes 293   500      
Accrued contingencies 548   630      
Current portion of long-term debt 182   395      
Other current liabilities 381   11      
Total current liabilities 4,688   4,734      
Long-term debt 0   0      
Deferred income taxes 1,246   1,245      
Intercompany payables 63,271   55,847      
Operating lease liabilities 1,435          
Other liabilities 0   27      
Total liabilities 70,640   61,853      
Redeemable noncontrolling interest 2,942   3,299      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,288,619 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 (50,341)   (43,402)      
Treasury shares, at cost; 1,149,820 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     0      
Total equity (45,780)   (38,840)      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 27,802   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 (183,226)   (172,950)      
Intangible assets 0   0      
Deferred income taxes (12,774)   (9,904)      
Intercompany receivables (294,452)   (366,541)      
Other assets 0   0      
Total assets (490,452)   (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 (12,774)   (9,903)      
Intercompany payables (294,474)   (366,574)      
Operating lease liabilities 0          
Other liabilities 0   0      
Total liabilities (307,248)   (376,477)      
Redeemable noncontrolling interest 0   0      
Equity:            
Common stock, $0.01 par value, 60,000,000 shares authorized; 21,288,619 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 (78,335)   (68,049)      
Treasury shares, at cost; 1,149,820 and 156,737 shares in 2019 and 2018, respectively 0   0      
Accumulated other comprehensive income, net of tax     0      
Total equity (183,204)   (172,918)      
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ (490,452)   $ (549,395)      
[1] Refer to footnote 5 for more detail on variable interest entities (“VIE”)