Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 13,884 $ 5,872
Accounts receivable, net 373,160 363,053
Receivables from related parties 38,676 7,523
Inventories 13,297 17,483
Prepaid expenses 3,363 12,354
Other current assets 4,413 695
Total current assets 446,793 406,980
Property, plant and equipment, net 270,624 352,772
Sand reserves 66,093 68,351
Operating lease right-of-use assets 25,927 43,446
Intangible assets, net 5,028 5,788
Goodwill 12,608 67,581
Other non-current assets 4,026 7,467
Total assets 831,099 952,385
CURRENT LIABILITIES    
Accounts payable 33,428 39,220
Payables to related parties 18 526
Accrued expenses and other current liabilities 35,482 40,754
Current operating lease liability 10,657 16,432
Income taxes payable 31,789 33,465
Total current liabilities 111,374 130,397
Long-term debt 89,800 80,000
Deferred income tax liabilities 29,423 36,873
Long-term operating lease liability 15,291 27,102
Asset retirement obligations 4,683 4,241
Other liabilities 6,357 5,031
Total liabilities 256,928 283,644
COMMITMENTS AND CONTINGENCIES (Note 18)
EQUITY    
Common stock, $0.01 par value, 200,000,000 shares authorized, 45,765,533 and 45,108,545 issued and outstanding at September 30, 2020 and December 31, 2019 458 451
Additional paid in capital 536,685 535,094
Retained earnings 40,756 136,502
Accumulated other comprehensive loss (3,728) (3,306)
Total equity 574,171 668,741
Total liabilities and equity 831,099 952,385
Customer relationships    
CURRENT ASSETS    
Intangible assets, net 452 583
Trade names    
CURRENT ASSETS    
Intangible assets, net $ 4,576 $ 5,205