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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net (loss) income $ (9,498) $ 1,587
Adjustments to reconcile net loss to net cash provided by    
Depreciation and amortization 18,831 17,631
Bad debt expense 67 261
Deferred income taxes (2,665) 0
Stock-based compensation 1,750 1,098
Gain (loss) on sale of property and equipment 2,007 (165)
Change in operating assets and liabilities:    
Accounts receivable (33,000) 918
Income tax receivable 233 0
Inventory (397) (1,257)
Prepaid expenses and other (3,266) 1,038
Costs and estimated earnings in excess of billings on uncompleted contracts 1,440 (13,815)
Accounts payable 10,114 5,188
Accrued liabilities 6,271 4,765
Income tax payable (1,891) 703
Billings in excess of costs and estimated earnings on uncompleted contracts 7,417 1,354
Deferred revenue (34) (44)
Net cash (used in) provided by operating activities (2,621) 19,262
Cash flows from investing activities:    
Proceeds from sale of property and equipment 667 441
Purchase of land 0 (22,199)
Purchase of property and equipment (13,577) (18,131)
Net cash (used in) investing activities (125,244) (39,889)
Cash flows from financing activities:    
Borrowings from Credit Facility 149,021 26,000
Payments made on borrowings from Credit Facility (6,268) (1,168)
Extinguishment of debt (32,427) 0
Exercise of stock options 28 794
Purchase of shares into treasury (3,101) 0
Net cash provided by financing activities 107,253 25,626
Net change in cash and cash equivalents (20,612) 4,999
Cash and cash equivalents at beginning of period 38,893 40,859
Cash and cash equivalents at end of period 18,281 45,858
Supplemental disclosures of cash flow information, cash paid during the period for:    
Interest 978 459
Taxes (net of refunds) 490 262
TAS Commercial Concrete    
Cash flows from investing activities:    
Payments to acquire businesses (111,977) 0
Houston Industrial Tool Services, Inc.    
Cash flows from investing activities:    
Payments to acquire businesses $ (357) $ 0