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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 23,198 $ 15,915
Cash - restricted 4,423 4,666
Accounts receivable, net 105,435 103,892
Current portion of retainage receivable 17,075 16,459
Accounts receivable - affiliates 23,237 18,776
Prepaid expenses and other current assets 12,658 9,340
Income tax receivable 1,542 2,256
Total current assets 187,568 171,304
Property and equipment, net 9,771 11,895
Cash - restricted, net of current portion 4,040 4,401
Operating lease right-of-use assets 15,279 17,451
Financing lease right-of-use assets 96 0
Retainage receivable 5,430 5,695
Acquired intangibles, net 178 232
Goodwill 44,431 48,024
Investments 2,667 1,711
Deferred income tax assets 2,929 3,800
Other assets 2,493 5,038
Total assets 274,882 269,551
Liabilities and Stockholders’ Equity    
Current maturities of notes payable and long-term debt 1,828 1,792
Accounts payable and accrued expenses 66,914 65,172
Income taxes payable 1,888 3,152
Current portion of deferred revenue 7,628 10,773
Current portion of operating lease liabilities 5,465 5,736
Current portion of financing lease liabilities 27 0
Other current liabilities 8,357 4,876
Total current liabilities 92,107 91,501
Notes payable and long-term debt, net of current maturities 53,570 41,150
Retainage payable 2,017 1,551
Deferred income taxes 418 419
Deferred revenue 1,321 3,041
Non-current operating lease liabilities 14,910 17,030
Non-current financing lease liabilities 69 0
Other liabilities 3,277 4,631
Total liabilities 167,689 159,323
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 1,000 shares authorized, none issued 0 0
Common stock, $0.0001 par value; 100,000 shares authorized, 62,609 shares and 62,708 shares issued at June 30, 2020 and December 31, 2019, respectively 6 6
Additional paid-in capital 214,161 212,759
Accumulated deficit (79,895) (71,360)
Accumulated other comprehensive income (loss) 1,279 (3,817)
Less treasury stock of 6,807 and 6,546 at June 30, 2020 and December 31, 2019, respectively (29,056) (28,231)
Hill International, Inc. share of equity 106,495 109,357
Noncontrolling interests 698 871
Total equity 107,193 110,228
Total liabilities and stockholders’ equity $ 274,882 $ 269,551