XML 27 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
REVENUES $ 662,112 $ 825,341 $ 839,743
COST OF REVENUES 574,882 714,519 732,055
Gross Profit 87,230 110,822 107,688
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 60,542 71,469 72,480
AMORTIZATION EXPENSE 1,305 1,327 1,515
Operating Income 25,383 38,026 33,693
OTHER (INCOME) EXPENSE (769) (152) 215
INTEREST EXPENSE 19,318 21,359 20,716
Income Before Provision for Income Taxes 6,834 16,819 12,762
PROVISION FOR INCOME TAXES 49 9,758 5,131
NET INCOME 6,785 7,061 7,631
Less: Non-controlling interest in subsidiary’s income 0 1 1
NET INCOME ATTRIBUTABLE TO CVG STOCKHOLDERS $ 6,785 $ 7,060 $ 7,630
EARNINGS (LOSS) PER COMMON SHARE:      
Basic (in dollars per share) $ 0.23 $ 0.24 $ 0.26
Diluted (in dollars per share) $ 0.23 $ 0.24 $ 0.26
WEIGHTED AVERAGE SHARES OUTSTANDING:      
Basic (in shares) 29,530 29,209 28,926
Diluted (in shares) 29,878 29,399 29,117