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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Jun. 30, 2011
Current assets:  
Cash and cash equivalents$ 13,128$ 10,829
Accounts receivable, less allowance for doubtful accounts97,97689,258
Insurance recoverable - environmental remediation30,41530,827
Restricted investments12,20512,413
Prepaid expenses and other current assets11,70010,087
Total current assets165,424153,414
Property and equipment50,20348,475
Less accumulated depreciation and amortization(37,641)(36,825)
Property and equipment, net12,56211,650
Goodwill24,77520,886
Investments in and advances to unconsolidated affiliates and construction joint ventures115111
Long-term restricted investments35,55638,753
Long-term prepaid insurance36,62537,410
Other assets13,45313,836
Total assets288,510276,060
Current liabilities:  
Current portion of long-term debt9,7273,139
Accounts payable31,32326,510
Accrued compensation and benefits36,97728,252
Deferred revenue22,48922,709
Environmental remediation liabilities527505
Other accrued liabilities46,10259,718
Total current liabilities147,145140,833
Non-current liabilities:  
Long-term debt, net of current portion9766,037
Income taxes payable1,7284,912
Deferred revenue83,89788,865
Environmental remediation liabilities5,6015,741
Total liabilities239,347246,388
Commitments and contingencies  
Equity:  
Common stock, $.10 par value; 40,000,000 shares authorized, 27,812,523 and 27,809,041 shares issued and outstanding, respectively, at September 30, 2011, and 27,303,774 and 27,300,292 shares issued and outstanding, respectively, at June 30, 20112,7812,730
Additional paid-in capital174,979173,984
Accumulated deficit(128,567)(147,255)
Accumulated other comprehensive income217429
Treasury stock, at cost(33)(33)
Total shareholders' equity applicable to TRC Companies, Inc.49,37729,855
Noncontrolling interest(214)(183)
Total equity49,16329,672
Total liabilities and equity$ 288,510$ 276,060