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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 1,579 $ 1,345
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 75,782 72,358
Retainage 37,363 35,433
Other current 3,549 5,313
Income taxes receivable 83 83
Inventory 4,634 4,867
Deferred tax asset 3,108 3,108
Costs and estimated earnings in excess of billings on uncompleted contracts 48,492 59,608
Assets held for sale 6,375 6,375
Prepaid expenses and other 4,720 4,627
Total current assets 185,685 193,117
Property and equipment, net 166,011 165,989
Accounts receivable, non-current 217 222
Inventory, non-current 6,142 6,218
Goodwill 65,982 65,982
Intangible assets, net of amortization 27,497 29,319
Other noncurrent 745 615
Total assets 452,279 461,462
Current liabilities:    
Current debt, net of debt issuance costs 24,435 12,004
Accounts payable:    
Trade 40,027 52,719
Retainage 1,101 1,671
Accrued liabilities 17,812 22,149
Taxes payable 770 813
Billings in excess of costs and estimated earnings on uncompleted contracts 27,962 28,484
Total current liabilities 112,107 117,840
Long-term debt, net of debt issuance costs 92,377 94,605
Other long-term liabilities 2,065 1,813
Deferred income taxes 18,638 19,345
Interest rate swap liability 927 145
Total liabilities $ 226,114 $ 233,748
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, 28,013,808 and 27,992,589 issued; 27,302,577 and 27,281,358 outstanding at March 31, 2016 and December 31, 2015, respectively 279 279
Treasury stock, 711,231 and 711,231 shares, at cost, as of March 31, 2016 and December 31, 2015, respectively (6,540) (6,540)
Additional paid-in capital 169,177 168,736
Accumulated other comprehensive loss (927) (145)
Retained earnings 64,176 65,384
Total stockholders’ equity 226,165 227,714
Total liabilities and stockholders’ equity $ 452,279 $ 461,462