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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash $ 1,488 $ 47
Trade accounts receivable, net of allowance for doubtful accounts of $8,837 in 2015 and $8,713 in 2014 194,346 239,236
Inventories, net 109,724 115,658
Costs and estimated profits in excess of billings on uncompleted contracts 25,930 20,083
Prepaid expenses and other current assets 4,737 3,004
Deferred income taxes 8,301 8,250
Total current assets 344,526 386,278
Property and equipment, net 69,385 69,979
Goodwill 256,213 253,312
Other intangible assets, net of accumulated amortization of $76,632 in 2015 and $66,412 in 2014 120,301 130,333
Other long-term assets 3,191 1,730
Total assets 793,616 841,632
Current liabilities:    
Current maturities of long-term debt 44,568 38,608
Trade accounts payable 84,199 100,774
Accrued wages and benefits 22,194 26,967
Federal income taxes payable 7,433 8,130
Customer advances 3,773 4,262
Billings in excess of costs and profits on uncompleted contracts 8,106 8,840
Other current liabilities 24,944 19,621
Total current liabilities 195,217 207,202
Long-term debt, less current maturities 334,940 372,908
Less unamortized debt issuance costs (2,135) (2,714)
Long-term debt less unamortized debt issuance costs 332,805 370,194
Non-current deferred income taxes $ 18,400 $ 21,284
Commitments and Contingencies (Note 14)    
Shareholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 14,655,356 in 2015 and 14,655,356 in 2014 shares issued $ 146 $ 146
Additional paid-in capital 114,530 115,605
Retained earnings 165,182 148,409
Accumulated other comprehensive loss (10,471) (5,700)
Treasury stock, at cost (420,921 shares in 2015 and 280,195 in 2014) (22,209) (15,524)
Total shareholders' equity 247,194 242,952
Total liabilities and stockholders' equity 793,616 841,632
Series A Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock 1 1
Series B Convertible Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock $ 15 $ 15