Variable Interest Entity

In determining whether the Company is the primary beneficiary of an entity, it considers a number of factors, including its ability to direct the activities that most significantly affect the entity's economic success, the Company's contractual rights and responsibilities under the arrangement and the significance of the arrangement to each party. These considerations impact the way the Company accounts for its existing collaborative and joint venture relationships and determines the consolidation of companies or entities with which the Company has collaborative or other arrangements.

CAH

The Company acquired the non-controlling interest in Center Avenue Holdings ("CAH") a limited liability company, in its third fiscal quarter of 2016 for $90. Prior to CAH becoming a wholly owned subsidiary, the Company previously consolidated the operations of CAH as a variable interest entity because it retained the contractual power to direct the activities of CAH which most significantly and directly impacted its economic performance. The activity of CAH was not significant to the overall performance of the Company. Prior to CAH becoming a wholly owned subsidiary, its assets were restricted, from the standpoint of the Company, in that they were not available for the Company's general business use outside the context of CAH.

The following table sets forth the assets and liabilities of CAH included in the condensed consolidated balance sheets of the Company:



	June 30, 2015
Current assets:
Restricted investments	$	63
Total current assets	63
Property and equipment	—
Other assets	4,344
Total assets	$	4,407
Long-term environmental remediation liabilities	21
Total liabilities	$	21

Prior to CAH becoming a wholly owned subsidiary, the Company did not generally have an obligation to make additional capital contributions to CAH. However, prior becoming wholly owned, the Company had provided $4,070 of support it was not contractually obligated to provide. The additional support was primarily for debt service payments on a note payable. CAH repaid this loan balance in the amount of $2,448 in full on October 1, 2013.

WBA

Willbros Engineers LLC, which the Company acquired in fiscal 2016, was party to an option and service arrangement with the equity owners of WBA, a limited liability company. WBA is considered a VIE due to the lack of decision-making rights by its equity holders. The Company consolidates the operations of WBA, as it retains the contractual power to direct the activities of WBA which most significantly and directly impact its economic performance. The Company also has the obligation to absorb losses and the right to receive residual returns of WBA. The activity of WBA is not significant to the overall performance of the Company. The assets of WBA are available for the Company's general business use outside the context of WBA. In consolidation, as of June 30, 2016, $306 of cash and cash equivalents, $739 of accounts receivables and $6 of other current liabilities were attributable to WBA

While the Company is currently in the process of winding down the operations of WBA, it has an obligation to fund operating activities not covered by WBA’s available cash and cash flow from operations. During fiscal year 2016, the Company provided $98 of financial support to WBA. The Company does not expect ongoing funding obligations to be material.