Print Page  Close Window

SEC Filings

8-K
KEY ENERGY SERVICES INC filed this Form 8-K on 10/28/2011
Entire Document
 
 

Condensed Consolidated Balance Sheets (in thousands, unaudited):
                 
    September 30,     December 31,  
    2011     2010  
 
   
ASSETS
             
 
   
Current assets:
               
Cash and cash equivalents
  $ 19,318     $ 56,628  
Other current assets
    547,313       357,392  
 
           
Total current assets
    566,631       414,020  
 
   
Property and equipment, net
    1,144,156       936,744  
Goodwill
    625,488       447,609  
Other assets, net
    132,707       94,563  
 
           
 
   
TOTAL ASSETS
  $ 2,468,982     $ 1,892,936  
 
           
 
               
LIABILITIES AND EQUITY
             
 
   
Current liabilities:
               
Accounts payable
  $ 78,389     $ 56,310  
Other current liabilities
    208,027       225,325  
 
           
Total current liabilities
    286,416       281,635  
 
   
Long-term debt, less current portion
    744,309       427,121  
Other non-current liabilities
    262,851       202,377  
 
   
Equity
    1,175,406       981,803  
 
           
 
   
TOTAL LIABILITIES AND EQUITY
  $ 2,468,982     $ 1,892,936  
 
           
Consolidated Cash Flow Data (in thousands, unaudited):
                 
    Nine Months Ended  
    September 30,     September 30,  
    2011     2010  
Net cash provided by operating activities
  $ 103,002     $ 90,427  
Net cash used in investing activities
    (413,742 )     (80,398 )
Net cash provided by (used in) financing activities
    268,098       (12,004 )
Effect of exchange rates on cash
    5,332       (1,366 )
 
   
Increase (decrease) in cash and cash equivalents
    (37,310 )     (3,341 )
Cash and cash equivalents, beginning of period
    56,628       37,394  
 
           
Cash and cash equivalents, end of period
  $ 19,318     $ 34,053  
 
           

 

4