v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 10,617 $ 9,899
Short-term investment 0 1,762
Accounts receivable, net 462,995 407,550
Receivables from related parties, net 386 88
Inventories 8,331 8,366
Prepaid expenses 4,862 12,381
Other current assets 647 737
Total current assets 487,838 440,783
Property, plant and equipment, net 135,222 176,586
Sand reserves 62,559 64,641
Operating lease right-of-use assets 10,187 12,168
Intangible assets, net 1,977 2,561
Goodwill 11,717 11,717
Deferred income tax asset 0 8,094
Other non-current assets 3,838 4,342
Total assets 713,338 720,892
CURRENT LIABILITIES    
Accounts payable 49,262 37,560
Accrued expenses and other current liabilities 42,582 62,516
Current operating lease liability 5,107 5,942
Current portion of long-term debt 0 1,468
Income taxes payable 45,516 42,748
Total current liabilities 142,467 150,234
Long-term debt, net of current portion 92,776 85,240
Deferred income tax liabilities 1,113 865
Long-term operating lease liability 4,949 5,918
Asset retirement obligations 3,936 3,720
Other long-term liabilities 10,432 11,693
Total liabilities 255,673 257,670
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 47,312,270 and 46,684,065 issued and outstanding at September 30, 2022 and December 31, 2021 473 467
Additional paid in capital 538,897 538,221
Accumulated deficit (77,923) (72,535)
Accumulated other comprehensive loss (3,782) (2,931)
Total equity 457,665 463,222
Total liabilities and equity $ 713,338 $ 720,892

Source