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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 38,979 $ 23,174
Accounts receivable:    
Trade, net of allowance of $0 20,954 40,211
Retainage 5,977 10,643
Other 1,111 4,988
Income taxes receivable 13,998 7,668
Note receivable 51 90
Inventory 3,361 2,991
Deferred tax asset 1,182 1,794
Costs and estimated earnings in excess of billings on uncompleted contracts 15,112 26,103
Prepaid expenses and other 2,470 2,076
Total current assets 103,195 119,738
Property and equipment, net 146,107 155,311
Accounts receivable, long-term 1,410 0
Goodwill 32,168 32,168
Intangible assets, net of accumulated amortization 0 5
Other assets 207 357
Total assets 283,087 307,579
Current liabilities:    
Trade 11,977 25,519
Retainage 374 377
Accrued liabilities 9,339 12,463
Taxes payable 0 262
Billings in excess of costs and estimated earnings on uncompleted contracts 5,665 4,389
Total current liabilities 27,355 43,010
Other long-term liabilities 606 746
Deferred income taxes 21,287 16,707
Deferred revenue 203 260
Total liabilities 49,451 60,723
Commitments and Contingencies      
Stockholders’ Equity:    
Preferred Stock, $0.01 par value, 10,000,000 authorized, none issued 0 0
Common stock - $0.01 par value, 50,000,000 authorized, 27,436,922 and 27,017,165 issued; 27,119,191 and 27,004,934 outstanding at December 31, 2011 and December 31, 2010, respectively 274 270
Treasury stock, 317,731 and 12,231 shares at December 31, 2011 and 2010, respectively, at cost (3,003) 0
Additional paid-in capital 157,560 154,667
Retained earnings 78,805 91,919
Total stockholders’ equity 233,636 246,856
Total liabilities and stockholders’ equity $ 283,087 $ 307,579