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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 15,894 $ 14,184
Accounts receivable—net 101,000 130,777
Contract revenues in excess of billings 74,576 81,195
Inventories 35,042 35,963
Prepaid expenses and other current assets 71,985 67,614
Total current assets 298,497 329,733
PROPERTY AND EQUIPMENT—Net 432,749 430,210
GOODWILL AND OTHER INTANGIBLE ASSETS—Net 85,774 86,004
INVENTORIES—Noncurrent 45,170 41,646
INVESTMENTS IN JOINT VENTURES 3,131 3,761
OTHER 7,181 6,770
TOTAL 872,502 898,124
CURRENT LIABILITIES:    
Accounts payable 96,499 118,846
Accrued expenses 61,596 72,277
Billings in excess of contract revenues 6,158 7,061
Current portion of long term debt 7,530 7,506
Total current liabilities 171,783 205,690
7 3/8% SENIOR NOTES 272,248 271,998
REVOLVING CREDIT FACILITY 35,000 20,000
NOTES PAYABLE 52,265 53,792
DEFERRED INCOME TAXES 71,624 74,006
OTHER 19,693 20,465
Total liabilities $ 622,613 $ 645,951
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:    
Common stock—$.0001 par value; 90,000 authorized, 60,934 and 60,709 shares issued; 60,656 and 60,431 shares outstanding at March 31, 2016 and December 31, 2015, respectively. $ 6 $ 6
Treasury stock, at cost (1,433) (1,433)
Additional paid-in capital 284,589 283,247
Accumulated deficit (31,699) (27,664)
Accumulated other comprehensive loss (1,574) (1,983)
Total equity 249,889 252,173
TOTAL $ 872,502 $ 898,124