v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 63,392 $ 50,443
Accounts receivable - net of allowance for credit losses of $0 and $0, respectively 240,710 195,994
Inventories 13,338 16,162
Prepaid expenses 16,329 17,719
Short-term investment, net 8,032 7,849
Other current assets 3,493 4,054
Total current assets 345,294 292,221
PROPERTY AND EQUIPMENT - net of accumulated depreciation 668,075 688,225
OPERATING LEASE RIGHT-OF-USE ASSETS 129,587 132,294
FINANCE LEASE RIGHT-OF-USE ASSETS 25,863 30,713
OTHER NONCURRENT ASSETS:    
Goodwill 920 920
Intangible assets - net of amortization 62,564 64,905
Other noncurrent assets 13,896 14,367
Total other noncurrent assets 77,380 80,192
TOTAL ASSETS 1,246,199 1,223,645
CURRENT LIABILITIES:    
Accounts payable 114,159 92,963
Accrued and other current liabilities 62,770 70,923
Operating lease liabilities 42,500 39,063
Finance lease liabilities 19,664 19,317
Total current liabilities 239,093 222,266
DEFERRED INCOME TAXES 62,614 59,770
LONG-TERM DEBT 45,000 45,000
NONCURRENT OPERATING LEASE LIABILITIES 56,869 58,849
NONCURRENT FINANCE LEASE LIABILITIES 8,134 13,187
OTHER LONG-TERM LIABILITIES 8,000 8,300
Total liabilities 419,710 407,372
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.001 par value, 30,000,000 shares authorized, none issued, respectively 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized, 103,784,239 and 102,994,958 shares issued, respectively 104 103
Additional paid-in capital 885,608 884,995
Accumulated deficit (59,223) (68,825)
Total shareholders’ equity 826,489 816,273
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,246,199 $ 1,223,645