XML 29 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 50,213 $ 38,979
Accounts receivable:    
Trade, net of allowance of $0 31,428 20,954
Retainage 7,701 5,977
Other 1,078 1,111
Income taxes receivable 2,651 13,998
Note receivable 46 51
Inventory 3,558 3,361
Deferred tax asset 1,190 1,182
Costs and estimated earnings in excess of billings on uncompleted contracts 12,207 15,112
Prepaid expenses and other 1,632 2,470
Total current assets 111,704 103,195
Property and equipment, net 152,220 146,107
Accounts receivable, long-term 1,410 1,410
Goodwill 32,168 32,168
Other assets 230 207
Total assets 297,732 283,087
Current liabilities:    
Current debt 10,511 0
Accounts payable:    
Trade 17,283 11,977
Retainage 2,154 374
Accrued liabilities 10,449 9,339
Billings in excess of costs and estimated earnings on uncompleted contracts 16,711 5,665
Total current liabilities 57,108 27,355
Other long-term liabilities 489 606
Deferred income taxes 17,143 21,287
Deferred revenue 160 203
Total liabilities 74,900 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, 27,472,662 and 27,436,922 issued; 27,154,930 and 27,119,191 outstanding at September 30, 2012 and December 31, 2011, respectively 275 274
Treasury stock, 317,731 shares, at cost (3,003) (3,003)
Additional paid-in capital 160,107 157,560
Retained earnings 65,453 78,805
Total stockholders' equity 222,832 233,636
Total liabilities and stockholders’ equity $ 297,732 $ 283,087