v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 369,405 $ 324,918
Restricted cash 21 2,032
Trade and other receivables, net of allowance for credit losses of $3,031 and $3,184 at June 30, 2025 and December 31, 2024, respectively 316,491 323,805
Marine operating supplies 24,467 34,319
Prepaid expenses and other current assets 14,123 13,588
Total current assets 724,507 698,662
Net properties and equipment 1,132,114 1,184,282
Deferred drydocking and survey costs 165,659 152,550
Other assets 40,934 27,464
Total assets 2,074,372 2,074,904
Current liabilities:    
Accounts payable 48,715 71,385
Accrued expenses 131,305 129,894
Current portion of long-term debt 93,366 65,386
Other current liabilities 69,688 64,948
Total current liabilities 343,074 331,613
Long-term debt 531,874 571,710
Other liabilities 63,197 60,396
Commitments and contingencies
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized, 49,481,018 and 51,461,472 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 50 52
Additional paid-in capital 1,656,626 1,656,830
Accumulated deficit (524,235) (548,831)
Accumulated other comprehensive income 7,273 6,060
Total stockholders’ equity 1,139,714 1,114,111
Noncontrolling interests (3,487) (2,926)
Total equity 1,136,227 1,111,185
Total liabilities and equity 2,074,372 2,074,904
Swire Pacific Offshore Holdings Ltd. [Member]    
Current assets:    
Indemnification assets $ 11,158 $ 11,946