v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 613,544 $ 578,761
Trade and other receivables, net of allowance for credit losses of $1,132 and $3,034 at June 30, 2026 and December 31, 2025, respectively 306,568 285,372
Marine operating supplies 29,501 38,482
Prepaid expenses and other current assets 17,772 11,520
Total current assets 967,385 914,135
Net properties and equipment 1,038,114 1,072,020
Deferred drydocking and survey costs 142,896 139,736
Deferred tax assets 182,469 200,939
Other assets 25,733 50,626
Total assets 2,366,260 2,386,911
Current liabilities:    
Accounts payable 62,610 66,347
Accrued expenses 133,706 153,169
Current portion of long-term debt 5,680 5,845
Other current liabilities 68,079 89,876
Total current liabilities 270,075 315,237
Long-term debt 647,523 649,048
Other liabilities 60,376 61,372
Commitments and contingencies
Equity:    
Common stock of $0.001 par value, 125,000,000 shares authorized, 49,754,957 and 49,566,334 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 50 50
Additional paid-in capital 1,663,520 1,663,247
Accumulated deficit (277,355) (305,157)
Accumulated other comprehensive income 6,949 7,248
Total stockholders’ equity 1,393,164 1,365,388
Noncontrolling interests (4,878) (4,134)
Total equity 1,388,286 1,361,254
Total liabilities and equity 2,366,260 2,386,911
Swire Pacific Offshore Holdings Ltd. [Member]    
Current assets:    
Indemnification assets $ 9,663 $ 9,455