XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 25,785us-gaap_CashAndCashEquivalentsAtCarryingValue $ 30,124us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash - restricted 7,956us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 8,851us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowance for doubtful accounts of $10,510 and $11,142 206,833us-gaap_AccountsReceivableNetCurrent 194,256us-gaap_AccountsReceivableNetCurrent
Accounts receivable - affiliates 5,932us-gaap_DueFromAffiliateCurrent 3,993us-gaap_DueFromAffiliateCurrent
Prepaid expenses and other current assets 14,799us-gaap_PrepaidExpenseAndOtherAssetsCurrent 15,854us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Income taxes receivable 3,209us-gaap_IncomeTaxesReceivable 2,833us-gaap_IncomeTaxesReceivable
Deferred income tax assets 1,051us-gaap_DeferredTaxAssetsNetCurrent 1,188us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 265,565us-gaap_AssetsCurrent 257,099us-gaap_AssetsCurrent
Property and equipment, net 14,850us-gaap_PropertyPlantAndEquipmentNet 11,643us-gaap_PropertyPlantAndEquipmentNet
Cash - restricted, net of current portion 7,726us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 7,156us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Accounts receivable - Libya 48,967us-gaap_AccountsReceivableBilledForLongTermContractsOrPrograms 49,659us-gaap_AccountsReceivableBilledForLongTermContractsOrPrograms
Retainage receivable 3,267us-gaap_ContractReceivableRetainageDueAfterOneYear 3,300us-gaap_ContractReceivableRetainageDueAfterOneYear
Acquired intangibles, net 16,366us-gaap_IntangibleAssetsNetExcludingGoodwill 19,282us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 74,534us-gaap_Goodwill 80,437us-gaap_Goodwill
Investments 4,359us-gaap_LongTermInvestments 5,083us-gaap_LongTermInvestments
Deferred income tax assets 16,367us-gaap_DeferredTaxAssetsNetNoncurrent 15,426us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 16,709us-gaap_OtherAssets 15,899us-gaap_OtherAssets
Total assets 468,710us-gaap_Assets 464,984us-gaap_Assets
Liabilities and Stockholders' Equity    
Current maturities of notes payable and long-term debt 4,805us-gaap_NotesPayableCurrent 6,361us-gaap_NotesPayableCurrent
Accounts payable and accrued expenses 97,518us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 92,068us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Income taxes payable 8,439us-gaap_TaxesPayableCurrent 8,689us-gaap_TaxesPayableCurrent
Deferred revenue 17,991us-gaap_DeferredRevenueCurrent 20,542us-gaap_DeferredRevenueCurrent
Deferred income taxes 138us-gaap_DeferredTaxLiabilitiesCurrent 279us-gaap_DeferredTaxLiabilitiesCurrent
Other current liabilities 8,164us-gaap_OtherLiabilitiesCurrent 9,996us-gaap_OtherLiabilitiesCurrent
Total current liabilities 137,055us-gaap_LiabilitiesCurrent 137,935us-gaap_LiabilitiesCurrent
Notes payable and long-term debt, net of current maturities 135,145us-gaap_LongTermNotesPayable 121,875us-gaap_LongTermNotesPayable
Retainage payable 2,660hil_ContractPayableRetainage 2,448hil_ContractPayableRetainage
Deferred income taxes 12,711us-gaap_DeferredTaxLiabilitiesNoncurrent 14,654us-gaap_DeferredTaxLiabilitiesNoncurrent
Deferred revenue 12,366us-gaap_DeferredRevenueNoncurrent 12,193us-gaap_DeferredRevenueNoncurrent
Other liabilities 13,434us-gaap_OtherLiabilitiesNoncurrent 13,093us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 313,371us-gaap_Liabilities 302,198us-gaap_Liabilities
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $0.0001 par value; 1,000 shares authorized, none issued      
Common stock, $0.0001 par value; 100,000 shares authorized, 56,920 shares issued at both March 31, 2015 and December 31, 2014 6us-gaap_CommonStockValue 6us-gaap_CommonStockValue
Additional paid-in capital 180,675us-gaap_AdditionalPaidInCapital 179,912us-gaap_AdditionalPaidInCapital
Retained earnings 37,254us-gaap_RetainedEarningsAccumulatedDeficit 36,159us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (41,840)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (33,661)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Shareholders' equity before treasury stocks and noncontrolling interest 176,095hil_ShareholdersEquityBeforeTreasuryStocksAndNoncontrollingInterest 182,416hil_ShareholdersEquityBeforeTreasuryStocksAndNoncontrollingInterest
Less treasury stock of 6,546 shares at both March 31, 2015 and December 31, 2014, at cost (28,304)us-gaap_TreasuryStockValue (28,304)us-gaap_TreasuryStockValue
Hill International, Inc. share of equity 147,791us-gaap_StockholdersEquity 154,112us-gaap_StockholdersEquity
Noncontrolling interests 7,548us-gaap_MinorityInterest 8,674us-gaap_MinorityInterest
Total equity 155,339us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 162,786us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders' equity $ 468,710us-gaap_LiabilitiesAndStockholdersEquity $ 464,984us-gaap_LiabilitiesAndStockholdersEquity