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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 33,270 $ 15,915
Cash - restricted 4,680 4,666
Accounts receivable, net 104,764 103,892
Current portion of retainage receivable 12,540 16,459
Accounts receivable - affiliates 25,070 18,776
Prepaid expenses and other current assets 12,148 9,340
Income tax receivable 1,822 2,256
Total current assets 194,294 171,304
Property and equipment, net 9,485 11,895
Cash - restricted, net of current portion 4,155 4,401
Operating lease right-of-use assets 14,022 17,451
Financing lease right-of-use assets 271 0
Retainage receivable 6,113 5,695
Acquired intangibles, net 165 232
Goodwill 45,253 48,024
Investments 3,055 1,711
Deferred income tax assets 3,104 3,800
Other assets 2,520 5,038
Total assets 282,437 269,551
Liabilities and Stockholders’ Equity    
Current maturities of notes payable and long-term debt 3,261 1,792
Accounts payable and accrued expenses 68,452 65,172
Income taxes payable 1,951 3,152
Current portion of deferred revenue 9,180 10,773
Current portion of operating lease liabilities 5,025 5,736
Current portion of financing lease liabilities 70 0
Other current liabilities 7,999 4,876
Total current liabilities 95,938 91,501
Notes payable and long-term debt, net of current maturities 54,362 41,150
Retainage payable 823 1,551
Deferred income taxes 418 419
Deferred revenue 1,887 3,041
Non-current operating lease liabilities 14,141 17,030
Non-current financing lease liabilities 274 0
Other liabilities 4,082 4,631
Total liabilities 171,925 159,323
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, 62,916 shares and 62,708 shares issued at September 30, 2020 and December 31, 2019, respectively 6 6
Additional paid-in capital 214,596 212,759
Accumulated deficit (77,781) (71,360)
Accumulated other comprehensive income (loss) 1,673 (3,817)
Less treasury stock of 6,807 and 6,546 at September 30, 2020 and December 31, 2019, respectively (29,056) (28,231)
Hill International, Inc. share of equity 109,438 109,357
Noncontrolling interests 1,074 871
Total equity 110,512 110,228
Total liabilities and stockholders’ equity $ 282,437 $ 269,551