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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 24,703 $ 23,174
Trade, net of allowance of $0 34,922 40,211
Retainage 7,145 10,643
Other 1,096 4,988
Income taxes receivable 7,960 7,668
Note receivable 51 90
Inventory 4,102 2,991
Deferred tax asset 2,095 1,794
Costs and estimated earnings in excess of billings on uncompleted contracts 24,853 26,103
Prepaid expenses and other 1,755 2,076
Total current assets 108,682 119,738
Property and equipment, net 152,533 155,311
Goodwill 32,168 32,168
Intangible assets, net of accumulated amortization 0 5
Other assets 285 357
Total assets 293,668 307,579
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Trade 14,252 25,519
Retainage 418 377
Accrued liabilities 10,384 12,463
Taxes payable 0 262
Billings in excess of costs and estimated earnings on uncompleted contracts 4,583 4,389
Total current liabilities 29,637 43,010
Other long-term liabilities 720 746
Deferred income taxes 19,601 16,707
Deferred revenue 231 260
Total liabilities 50,189 60,723
Commitments and contingencies    
Stockholders’ Equity:    
Common stock - $0.01 par value, 50,000,000 authorized, 27,035,073 and 27,017,165 issued; 26,717,341 and 27,004,934 outstanding at June 30, 2011 and December 31, 2010, respectively 270 270
Treasury stock, 317,731 and 12,231 shares, at cost (3,003) 0
Additional paid-in capital 155,971 154,667
Retained earnings 90,241 91,919
Total stockholders’ equity 243,479 246,856
Total liabilities and stockholders’ equity $ 293,668 $ 307,579