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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 15,747 $ 38,979
Restricted cash 13,952 0
Trade, net of allowance of $0 25,621 20,954
Retainage 5,860 5,977
Other 918 1,111
Income taxes receivable 17,488 13,998
Note receivable 46 51
Inventory 3,320 3,361
Deferred tax asset 1,293 1,182
Costs and estimated earnings in excess of billings on uncompleted contracts 17,076 15,112
Prepaid expenses and other 2,346 2,470
Total current assets 103,667 103,195
Property and equipment, net 156,963 146,107
Accounts receivable, long-term 1,410 1,410
Goodwill 32,168 32,168
Intangible assets, net of accumulated amortization 0 0
Other assets 404 207
Total assets 294,612 283,087
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current debt 13,000 0
Trade 11,333 11,977
Retainage 448 374
Accrued liabilities 8,258 9,339
Billings in excess of costs and estimated earnings on uncompleted contracts 11,342 5,665
Total current liabilities 44,381 27,355
Long-term debt 0 0
Other long-term liabilities 656 606
Deferred income taxes 21,300 21,287
Deferred revenue 188 203
Total liabilities 66,525 49,451
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, 27,439,129 and 27,436,922 issued; 27,121,417 and 27,119,191 outstanding at March 31, 2012 and December 31, 2011, respectively 274 274
Treasury stock, 317,731 and 12,231 shares, at cost (3,003) (3,003)
Additional paid-in capital 158,347 157,560
Retained earnings 72,469 78,805
Total stockholders’ equity 228,087 233,636
Total liabilities and stockholders’ equity $ 294,612 $ 283,087