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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 6,895 $ 11,167
Accounts receivable—net 91,385 88,091
Contract revenues in excess of billings 75,696 95,012
Inventories 38,307 37,137
Prepaid expenses and other current assets 79,838 75,819
Total current assets 292,121 307,226
PROPERTY AND EQUIPMENT—Net 419,268 413,008
GOODWILL AND OTHER INTANGIBLE ASSETS—Net 84,927 85,075
INVENTORIES—Noncurrent 51,995 52,602
INVESTMENTS IN JOINT VENTURES 5,756 4,734
ASSETS HELD FOR SALE—Noncurrent 9,118 9,299
OTHER 14,442 21,644
TOTAL 877,627 893,588
CURRENT LIABILITIES:    
Accounts payable 87,640 103,185
Accrued expenses 80,781 69,043
Billings in excess of contract revenues 8,893 5,141
Current portion of long term debt 2,439 2,465
Total current liabilities 179,753 179,834
7 3/8% SENIOR NOTES 273,248 272,998
REVOLVING CREDIT FACILITY 115,500 104,111
NOTES PAYABLE 12,995 13,293
DEFERRED INCOME TAXES 57,831 68,449
OTHER 6,772 7,013
Total liabilities 646,099 645,698
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:    
Common stock—$.0001 par value; 90,000 authorized, 61,550 and 61,240 shares issued; 61,272 and 60,962 shares outstanding at March 31, 2017 and December 31, 2016, respectively. 6 6
Treasury stock, at cost (1,433) (1,433)
Additional paid-in capital 287,491 286,303
Accumulated deficit (52,629) (35,841)
Accumulated other comprehensive loss (1,907) (1,145)
Total equity 231,528 247,890
TOTAL $ 877,627 $ 893,588