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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 43,540 $ 56,464
Accounts receivable, less allowance for doubtful accounts of $4,998 and $5,158, respectively 306,111 302,052
Other receivables 15,181 20,642
Inventories 9,783 7,941
Prepaid expenses and other 5,719 5,836
Costs and estimated earnings in excess of billings 34,350 31,338
Total current assets 414,684 424,273
PROPERTY AND EQUIPMENT, NET 62,557 60,813
GOODWILL 147,297 143,874
IDENTIFIABLE INTANGIBLE ASSETS, NET 49,140 41,079
DEFERRED INCOME TAX ASSETS, NET 29,240 16,276
OTHER NONCURRENT ASSETS 6,051 5,279
Total assets 708,969 691,594
CURRENT LIABILITIES:    
Current maturities of long-term debt 600 500
Current maturities of long-term capital lease obligations 241 251
Accounts payable 106,536 106,684
Accrued compensation and benefits 50,506 54,079
Billings in excess of costs and estimated earnings 83,810 85,397
Accrued self-insurance 29,863 29,803
Other current liabilities 35,320 28,677
Total current liabilities 306,876 305,391
LONG-TERM DEBT 53,530 10,500
LONG-TERM CAPITAL LEASE OBLIGATIONS 200 256
DEFERRED INCOME TAX LIABILITIES 1,810 1,810
OTHER LONG-TERM LIABILITIES 8,479 8,632
Total liabilities $ 370,895 $ 326,589
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $.01 par, 5,000,000 shares authorized, none issued and outstanding
Common stock, $.01 par, 102,969,912 shares authorized, 41,123,365 and 41,123,365 shares issued, respectively $ 411 $ 411
Treasury stock, at cost, 3,730,986 and 3,696,781 shares, respectively (49,118) (46,845)
Additional paid-in capital 310,062 323,765
Retained earnings 76,719 69,390
Comfort Systems USA, Inc. stockholders' equity 338,074 346,721
Noncontrolling interests   18,284
Total stockholders' equity 338,074 365,005
Total liabilities and stockholders' equity $ 708,969 $ 691,594