XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Sep. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 17,318 $ 35,577
Restricted Cash 8,812  
Accounts receivable:    
Trade, net of allowance of $2,146 and $2,645, respectively 78,365 85,728
Retainage 16,118 17,944
Inventories 8,191 8,443
Costs and estimated earnings in excess of billings on uncompleted contracts 7,805 9,963
Prepaid expenses and other current assets 6,766 2,840
Total current assets 143,375 160,495
LONG-TERM RECEIVABLE, net of allowance of $53 and $$4,051, respectively 206 200
PROPERTY AND EQUIPMENT, net 8,646 8,016
GOODWILL 4,446 4,446
OTHER NON-CURRENT ASSETS, net 5,289 7,087
Total assets 161,962 180,244
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current maturities of long-term debt 2,168 209
Accounts payable and accrued expenses 63,099 78,980
Billings in excess of costs and estimated earnings on uncompleted contracts 18,260 19,585
Total current liabilities 83,527 98,774
LONG-TERM DEBT, net of current maturities 10,228 10,289
LONG-TERM DEFERRED TAX LIABILITY 284 284
OTHER NON-CURRENT LIABILITIES 7,295 6,596
Total liabilities 101,334 115,943
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 100,000,000 shares authorized; 15,407,802 and 15,407,802 shares issued and 15,013,840 and 14,938,071 outstanding, respectively 154 154
Treasury stock, at cost, 451,329 and 633,898 shares, respectively (4,475) (5,595)
Additional paid-in capital 163,194 164,262
Accumulated other comprehensive income 0 0
Retained deficit (98,245) (94,520)
Total stockholders' equity 60,628 64,301
Total liabilities and stockholders' equity $ 161,962 $ 180,244