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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net (loss)/income$ (7,896)$ 18,888
Depreciation and amortization16,73814,061
Deferred financing cost amortization98231
Bad debt expense165(328)
Deferred income taxes4,446332
Stock-based compensation1,8181,876
Gain on sale of property and equipment(184)(357)
Gain on bargain purchase from acquisition of business0(2,176)
Excess tax benefit from stock option exercise0(59)
Change in operating assets and liabilities, excluding effects of businesses acquired:  
Accounts receivable23,3563,100
Income tax receivable(5,142)75
Inventory(409)(883)
Note receivable391,214
Prepaid expenses and other957637
Accounts payable(15,022)(2,967)
Accrued liabilities(3,670)3,633
Income tax payable(262)(10)
Billings in excess of costs and estimated earnings on uncompleted contracts, net11,730(18,347)
Deferred revenue(43)(41)
Net cash provided by (used in) operating activities26,71918,879
Cash flows from investing activities:  
Proceeds from sale of property and equipment807526
Purchase of property and equipment(12,694)(25,071)
Acquisition of business in Pacific Northwest0(6,653)
Acquisition of TW LaQuay Dredging (net of cash acquired)0(64,000)
Net cash used in investing activities(11,887)(95,198)
Cash flows from financing activities:  
Exercise of stock options185528
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures00
Excess tax benefit from stock option exercise059
Increase in loan costs0(404)
Purchases of shares into treasury(3,003)0
Net cash (used in) provided by financing activities(2,818)183
Net change in cash and cash equivalents12,014(76,136)
Cash and cash equivalents at beginning of period23,174104,736
Cash and cash equivalents at end of period35,18828,600
Supplemental disclosures of cash flow information:  
Interest16084
Taxes (net of refunds)$ (3,185)$ 10,696