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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 1,345 $ 38,893
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 72,358 36,905
Retainage 35,433 15,883
Other current 5,313 1,998
Income taxes receivable 83 333
Inventory 4,867 6,487
Deferred tax asset 3,108 1,755
Costs and estimated earnings in excess of billings on uncompleted contracts 59,608 44,581
Assets held for sale 6,375 375
Prepaid expenses and other 4,627 3,924
Total current assets 193,117 151,134
Property and equipment, net 165,989 161,773
Accounts receivable, non-current 222 0
Inventory, non-current 6,218 5,508
Goodwill 65,982 33,798
Intangible assets, net of amortization 29,319 87
Other non-current 4,653 0
Total assets 465,500 352,300
Current liabilities:    
Current debt 12,459 33,527
Accounts payable:    
Trade 52,719 21,889
Retainage 1,671 1,706
Accrued liabilities 22,149 15,803
Taxes payable 813 997
Billings in excess of costs and estimated earnings on uncompleted contracts 28,484 16,704
Total current liabilities 118,295 90,626
Long-term debt 98,188 3,480
Other long-term liabilities 1,813 566
Deferred income taxes 19,345 20,877
Interest rate swap liability 145 0
Deferred revenue 0 34
Total liabilities $ 237,786 $ 115,583
Commitments and contingencies
Stockholders’ equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued $ 0 $ 0
Other comprehensive loss (145) 0
Common stock -- $0.01 par value, 50,000,000 authorized, 27,992,589 and 27,969,783 issued; 27,281,358 and 27,525,365 outstanding at December 31, 2015 and December 31, 2014, respectively 279 279
Treasury stock, 711,231 and 361,231 shares, at cost December 31, 2015 and December 31, 2014, respectively (6,540) (3,439)
Additional paid-in capital 168,736 166,433
Retained earnings 65,384 73,444
Total stockholders’ equity 227,714 236,717
Total liabilities and stockholders’ equity $ 465,500 $ 352,300