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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 17,180 $ 38,893
Restricted cash 1,101 0
Accounts receivable:    
Trade, net of allowance of $779 and $0, respectively 105,416 36,905
Retainage 32,536 15,883
Other current 4,383 1,998
Income taxes receivable 100 333
Inventory 7,715 6,487
Deferred tax asset 3,562 1,755
Costs and estimated earnings in excess of billings on uncompleted contracts 47,513 44,581
Assets held for sale 6,375 375
Prepaid expenses and other 2,968 3,924
Total current assets 228,849 151,134
Property and equipment, net 163,921 161,773
Inventory, non-current 4,919 5,508
Goodwill 70,518 33,798
Intangible assets, net of amortization 31,408 87
Other noncurrent 4,784 0
Total assets 504,399 352,300
Current liabilities:    
Current debt 21,615 33,527
Accounts payable:    
Trade 50,647 21,889
Retainage 1,615 1,706
Accrued liabilities 26,304 15,803
Taxes payable 19 997
Billings in excess of costs and estimated earnings on uncompleted contracts 31,245 16,704
Total current liabilities 131,445 90,626
Long-term debt 125,719 3,480
Other long-term liabilities 1,320 566
Deferred income taxes 20,019 20,877
Interest rate swap liability 562 0
Deferred revenue 0 34
Total liabilities $ 279,065 $ 115,583
Commitments and contingencies
Stockholders’ equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued $ 0 $ 0
Other comprehensive loss (562) 0
Common stock -- $0.01 par value, 50,000,000 authorized, 27,992,589 and 27,969,783 issued; 27,281,359 and 27,525,365 outstanding at September 30,2015 and December 31, 2014, respectively 279 279
Treasury stock, 711,231 and 361,231 shares, at cost, as of September 30, 2015 and December 31, 2014, respectively (6,540) (3,439)
Additional paid-in capital 168,211 166,433
Retained earnings 63,946 73,444
Total stockholders’ equity 225,334 236,717
Total liabilities and stockholders’ equity $ 504,399 $ 352,300