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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash $ 37,333 $ 76,703
Accounts receivable, net of allowances for doubtful accounts of $877 at December 31, 2014 and $197 at September 30, 2015, respectively 38,656 66,354
Unbilled revenue on completed projects 10,854 16,780
Costs in excess of billings on uncompleted projects 33,541 81,410
Inventories 15,678 18,638
Prepaid expenses and other current assets 5,082 6,727
Assets held for sale 3,500 4,000
Income tax receivable 576 513
Total current assets 145,220 271,125
Property and equipment, net of accumulated depreciation of $29,776 at December 31, 2014 and $33,088 at September 30, 2015, respectively 20,768 24,638
Deferred financing costs, net 11,434 14,491
Deposits and other assets 2,528 2,821
Insurance collateral 15,034 12,249
Intangible assets, net of accumulated amortization of $9,361 at December 31, 2014 and $13,719 at September 30, 2015, respectively 15,201 19,558
Goodwill 69,178 69,178
Total assets 279,363 414,060
Current Liabilities    
Accounts payable 57,081 94,851
Accrued expenses 51,347 73,574
Income taxes payable 154 1,783
Billings in excess of costs on uncompleted projects 8,982 36,316
Deferred revenue 986 426
Liabilities related to assets held for sale 3,522 3,646
Deferred rent - short term 148 188
Current portion of capital lease and notes payable obligations 1,224 1,366
Total current liabilities 123,444 212,150
Notes payable 326,282 326,648
Capital lease obligations 479 1,045
Accrued expenses, non-current 7,878 8,484
Deferred revenue, non-current 10,282 8,874
Deferred tax liability, non-current 1,707 1,428
Deferred rent 429 454
Total liabilities 470,501 559,083
Shareholders' Deficit    
Common stock, $0.01 par value, 10,000,000 shares authorized; 1,029,072 issued and 912,754 outstanding at December 31, 2014 and September 30, 2015 10 10
Treasury stock, at cost, 116,318 shares at December 31, 2014 and September 30, 2015 (11,756) (11,756)
Additional paid-in capital 22,993 18,525
Accumulated other comprehensive income 26 14
Accumulated deficit (202,411) (151,816)
Total shareholders' deficit (191,138) (145,023)
Total liabilities and shareholders' deficit $ 279,363 $ 414,060