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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 25, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 9,450 $ 37,296
Restricted cash 199 122
Accounts receivable, less allowance for doubtful accounts 152,608 138,346
Insurance recoverable - environmental remediation 40,422 40,927
Restricted investments 6,582 6,701
Deferred income tax assets 15,414 16,057
Income taxes refundable 0 412
Prepaid expenses and other current assets 23,902 10,499
Total current assets 248,577 250,360
Property and equipment 71,018 64,594
Less accumulated depreciation and amortization (48,607) (50,885)
Property and equipment, net 22,411 13,709
Goodwill 101,697 37,024
Intangible assets, net 51,888 9,304
Long-term deferred income tax assets 2,583 2,867
Long-term restricted investments 17,102 18,385
Long-term prepaid insurance 24,809 25,929
Other assets 23,131 5,303
Total assets 492,198 362,881
Current liabilities:    
Current portion of long-term debt 22,242 50
Current portion of capital lease obligations 33 166
Accounts payable 33,202 31,999
Accrued compensation and benefits 44,858 47,233
Deferred revenue 16,350 10,612
Environmental remediation liabilities 8,673 8,695
Income taxes payable 230 3,271
Other accrued liabilities 46,243 42,170
Total current liabilities 171,831 144,196
Non-current liabilities:    
Long-term debt, net of current portion 96,563 55
Income taxes payable and deferred income tax liabilities 1,863 1,647
Deferred revenue 63,567 68,579
Environmental remediation liabilities 450 489
Total liabilities $ 334,274 $ 214,966
Commitments and contingencies
Equity:    
Common stock, $.10 par value; 40,000,000 shares authorized, 31,039,895 and 31,036,413 shares issued and outstanding, respectively, at December 25, 2015, and 30,485,510 and 30,482,028 shares issued and outstanding, respectively, at June 30, 2015 $ 3,104 $ 3,049
Additional paid-in capital 192,847 191,321
Accumulated deficit (37,510) (45,939)
Accumulated other comprehensive loss (83) (88)
Treasury stock, at cost (33) (33)
Total stockholders' equity applicable to TRC Companies, Inc. 158,325 148,310
Noncontrolling interest (401) (395)
Total equity 157,924 147,915
Total liabilities and equity $ 492,198 $ 362,881