Parker drilling co /de/ (PKD)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

104,951

101,106

139,099

127,849

48,602

81,728

114,459

118,315

141,549

121,039

146,234

149,688

119,691

103,613

109,034

108,427

134,294

104,651

116,943

113,199

108,456

78,311

86,446

93,061

148,689

162,457

69,608

83,687

87,886

114,127

77,467

68,996

97,869

103,083

67,495

51,431

Restricted cash

0

0

2,024

21,436

10,389

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts and Financing Receivable, after Allowance for Credit Loss, Current

166,456

167,236

162,718

168,444

136,437

137,901

122,673

126,685

122,511

128,234

120,070

118,114

113,231

130,616

153,189

175,382

175,105

224,996

235,834

279,420

270,952

264,803

258,578

264,437

257,889

249,623

251,440

187,632

168,615

160,449

176,190

191,206

183,923

176,564

183,209

168,876

Rig materials and supplies

23,267

22,367

19,360

17,839

36,245

34,498

31,921

31,822

31,415

34,312

35,270

35,053

32,354

32,681

32,615

36,508

34,937

38,516

44,274

50,336

47,943

45,774

45,501

44,488

41,781

40,202

39,229

29,388

29,422

22,934

24,246

25,413

29,947

28,521

25,216

25,527

Deferred costs

5,223

-

-

-

4,353

-

-

-

3,145

-

-

-

1,436

-

-

-

1,367

2,961

7,281

6,432

5,673

6,857

9,621

10,698

13,682

13,583

10,822

3,775

1,089

1,209

2,859

4,989

3,249

4,377

4,525

2,229

Other tax assets

2,949

-

-

-

2,949

-

-

-

4,889

-

-

-

6,475

-

-

-

5,192

-

-

-

10,723

-

23,871

23,313

24,079

18,433

13,722

37,810

33,524

29,016

34,517

34,063

25,358

42,021

42,146

46,429

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,448

5,818

5,648

-

8,015

8,876

8,973

9,940

13,473

16,411

10,406

8,742

6,615

6,380

5,823

6,650

8,349

7,263

9,278

Other tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,832

12,826

9,200

-

18,122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,485

8,656

11,526

-

11,656

5,312

5,315

5,315

5,287

5,287

5,287

Other current assets

17,688

28,380

25,234

19,577

27,929

27,673

23,640

20,438

14,327

26,405

25,708

23,092

13,131

22,514

26,805

24,438

15,846

17,201

20,962

19,018

18,556

23,484

26,708

20,162

23,223

20,906

19,818

12,689

12,853

12,199

12,363

8,641

15,302

12,219

13,700

59,067

Total current assets

320,534

319,089

348,435

355,145

266,904

281,800

292,693

297,260

317,836

309,990

327,282

325,947

286,318

289,424

321,643

344,755

366,741

401,605

443,938

483,253

462,303

445,366

459,601

465,132

519,283

526,162

429,706

376,913

342,131

358,205

339,334

344,446

367,613

380,421

348,841

368,124

Drilling equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,232,891

-

-

-

1,094,366

-

-

996,255

Rental tools

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

337,874

-

-

-

310,429

-

-

-

Rental tools

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

269,474

Buildings, land and improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,736

-

-

-

33,817

-

-

31,918

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57,185

-

-

-

57,111

-

-

54,806

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190,445

-

-

-

194,362

-

-

338,873

Property plant and equipment net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,857,131

-

-

-

1,690,085

-

-

1,691,326

Less accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,063,934

-

-

-

970,276

-

-

875,179

Property, Plant and Equipment, Net

299,768

297,213

304,978

303,970

534,371

550,469

602,069

610,744

625,771

647,193

667,042

676,881

693,439

718,254

747,017

776,912

805,841

841,923

865,291

885,233

895,940

912,853

906,099

874,300

871,356

858,672

852,813

784,795

793,197

773,244

770,761

750,804

719,809

872,366

855,822

816,147

Goodwill

-

-

-

-

-

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

6,708

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net (Note 5)

13,675

15,117

16,558

18,000

4,821

5,398

5,974

6,551

7,128

7,739

8,470

9,200

9,928

10,660

11,392

12,220

13,377

14,741

15,945

-

4,286

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rig materials and supplies

4,766

-

-

-

12,971

-

-

-

18,788

-

-

-

22,439

-

-

-

18,104

-

-

-

6,937

-

-

-

10,221

-

-

-

12,930

-

-

-

10,395

-

-

13,930

Deferred income taxes

4,416

4,608

4,618

4,269

2,143

1,811

2,161

1,826

1,284

-

-

-

70,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,526

-

-

-

14,208

-

-

-

8,863

-

-

-

7,025

-

-

9,214

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,136

12,973

13,434

-

12,876

13,088

13,484

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

81,606

79,152

74,416

-

87,653

87,311

78,992

139,282

133,058

154,463

135,820

130,165

126,100

121,483

118,431

102,420

107,763

107,957

99,898

95,295

99,586

99,622

106,018

108,311

32,750

52,384

61,016

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

14,410

-

-

-

16,649

-

-

-

8,502

-

-

-

17,268

-

-

-

3,317

-

-

-

3,093

-

-

6,124

Other non-current assets

39,689

31,630

33,322

32,997

7,204

22,995

27,614

28,041

12,764

33,194

33,452

36,403

-

37,183

38,700

35,062

-

31,012

22,360

22,575

-

23,818

-

-

-

-

-

-

120,405

-

27,649

24,685

128,824

22,831

27,189

90,284

Other noncurrent assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,705

29,021

-

42,783

46,061

-

-

-

-

-

-

-

-

-

Other noncurrent assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,483

-

25,854

-

-

-

-

-

-

Assets

682,848

667,657

707,911

714,381

828,414

869,181

937,219

951,130

990,279

1,086,430

1,122,106

1,129,555

1,103,551

1,149,882

1,212,771

1,254,649

1,366,702

1,442,183

1,521,678

1,540,315

1,520,659

1,521,013

1,523,976

1,500,368

1,534,756

1,535,380

1,436,537

1,280,089

1,255,733

1,256,889

1,237,366

1,225,953

1,216,246

1,308,368

1,284,236

1,274,555

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Debtor in possession financing (Note 2)

0

0

0

0

10,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

55,104

-

-

-

39,678

-

-

-

41,523

-

-

-

42,655

-

-

-

58,080

-

-

-

78,776

-

-

-

90,033

-

-

-

62,090

-

-

-

76,706

-

-

107,894

Accrued Liabilities, Current

57,954

-

-

-

35,385

-

-

-

57,723

-

-

-

56,186

-

-

-

71,623

-

-

-

75,703

-

-

-

84,853

-

-

-

75,656

-

-

-

58,544

-

-

50,877

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

10,000

10,000

10,000

18,801

25,000

0

10,000

10,000

10,000

43,000

51,136

147,249

145,723

144,224

24,000

12,000

Accounts payable and accrued liabilities

-

107,638

121,245

135,583

-

103,241

102,797

90,372

-

87,030

106,303

88,199

-

86,107

109,091

114,993

-

143,576

176,247

193,932

-

160,711

180,702

167,455

-

191,229

169,130

156,650

-

129,712

107,461

119,799

-

142,332

131,791

-

Accrued income taxes

5,058

6,352

5,021

5,013

3,385

4,212

3,457

4,191

4,430

4,358

5,136

5,510

4,080

7,186

5,777

5,980

6,418

6,594

12,594

15,467

14,186

11,753

10,567

17,195

7,266

7,261

6,975

5,414

4,120

5,242

5,271

5,184

4,837

5,317

3,911

4,492

Total current liabilities

118,116

113,990

126,266

140,596

88,448

107,453

106,254

94,563

103,676

91,388

111,439

93,709

102,921

93,293

114,868

120,973

136,121

150,170

188,841

209,399

178,665

182,464

201,269

203,451

207,152

198,490

186,105

172,064

151,866

177,954

163,868

272,232

285,810

291,873

159,702

175,263

Long-term debt (Note 8)

177,937

177,032

211,132

210,000

0

579,289

578,840

578,404

577,971

577,550

577,133

576,728

576,326

575,935

575,548

575,171

574,798

585,000

585,000

585,000

605,000

607,500

610,000

612,574

628,781

653,968

589,147

466,449

469,205

429,462

429,888

331,000

337,000

343,000

467,730

460,862

Other long-term liabilities

25,892

15,328

16,801

20,035

11,544

12,208

10,335

11,110

12,433

12,921

12,518

12,828

15,836

16,161

15,049

13,755

18,617

20,141

19,184

18,559

18,665

17,907

20,357

17,527

26,914

24,048

22,743

22,756

23,182

25,270

29,535

30,087

33,452

32,245

31,813

30,193

Long-term deferred tax liability

7,002

6,491

4,554

950

510

60

60

78

78

-

-

-

69,333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

80,015

77,221

72,849

-

78,893

76,475

71,898

68,654

75,197

69,793

58,312

52,115

54,540

47,915

41,026

38,767

39,084

31,306

25,507

20,847

15,578

17,830

18,250

15,934

8,605

14,397

20,171

Commitments and contingencies (Note 11)

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

0

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total liabilities not subject to compromise

328,947

312,841

358,753

371,581

100,502

-

-

-

694,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities Subject to Compromise

0

0

0

0

600,996

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

328,947

312,841

358,753

371,581

701,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock

-

-

-

-

500

500

500

500

500

500

500

500

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

Common Stock, $0.16 2/3 par value, authorized 280,000,000 shares, issued and outstanding, 138,935,734 shares (125,118,365 shares in 2016)

-

-

-

-

-

-

-

-

-

-

-

-

20,837

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock

150

-

-

-

1,398

1,397

1,387

23,192

1,378

23,134

23,026

22,914

-

20,829

20,766

20,604

20,518

20,517

20,510

20,342

20,325

20,316

20,275

20,164

20,075

20,050

19,995

19,902

19,818

19,753

19,696

19,584

19,508

19,488

19,446

19,397

Capital in excess of par value

347,340

-

-

-

766,347

765,863

766,328

744,644

766,508

744,722

745,145

745,886

675,194

671,977

670,419

670,245

669,120

670,700

668,712

668,324

666,769

665,805

663,369

660,742

657,349

654,750

651,535

648,241

646,217

644,107

642,616

640,974

637,042

635,487

633,997

630,409

Accumulated other comprehensive income (loss)

-98

205

-152

0

-6,879

-6,212

-6,059

-3,812

-3,512

-3,740

-5,127

-5,998

-6,844

-6,083

-5,459

-2,924

-1,888

-1,127

-485

-2,855

-498

766

1,931

1,783

1,888

957

-564

-

0

-

-

-

-

-

-

-

Successor common stock, $0.01 par value, 500,000,000 shares authorized, 15,044,739 shares issued and outstanding

-

150

150

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Successor capital in excess of par value

-

345,831

344,519

342,650

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings (accumulated deficit)

6,509

8,630

4,641

-

-634,450

-591,377

-520,426

-497,549

-468,753

-440,060

-419,749

-389,861

-350,052

-301,123

-254,895

-215,073

-119,238

-83,592

-34,972

-20,943

-24,165

-31,918

-44,484

-60,163

-47,616

-57,788

-65,740

-74,039

-74,631

-54,533

-65,469

-85,552

-111,944

-21,766

-42,492

-61,493

Total stockholders’ equity

353,901

354,816

349,158

342,800

126,916

170,171

241,730

266,975

296,121

324,556

343,795

373,441

339,135

385,600

430,831

472,852

568,512

606,498

653,765

664,868

662,431

654,969

641,091

622,526

631,696

617,969

605,226

594,104

591,404

608,625

596,245

575,006

544,606

633,209

610,951

588,313

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5,177

5,095

4,177

3,783

3,633

3,344

3,264

1,446

1,821

2,010

-791

-771

-702

598

-622

-556

-564

-357

-247

Total equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

430,831

472,852

568,512

611,675

658,860

669,045

666,214

658,602

644,435

625,790

633,142

619,790

607,236

593,313

590,633

609,327

596,843

574,384

544,050

632,645

610,594

588,066

Total liabilities and stockholders’ equity

682,848

667,657

707,911

714,381

828,414

869,181

937,219

951,130

990,279

1,086,430

1,122,106

1,129,555

1,103,551

1,149,882

1,212,771

1,254,649

1,366,702

1,442,183

1,521,678

1,540,315

1,520,659

1,521,013

1,523,976

1,500,368

1,534,756

1,535,380

1,436,537

1,280,089

1,255,733

1,256,889

1,237,366

1,225,953

1,216,246

1,308,368

1,284,236

1,274,555