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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 3,146 $ 1,345
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 88,854 72,358
Retainage 37,546 21,040
Other current 3,785 5,313
Income taxes receivable 83 83
Inventory 5,518 4,867
Deferred tax asset 3,108 3,108
Costs and estimated earnings in excess of billings on uncompleted contracts 52,720 59,608
Assets held for sale 6,375 6,375
Prepaid expenses and other 2,624 4,627
Total current assets 203,759 178,724
Property and equipment, net 161,243 165,989
Accounts receivable, non-current 765 222
Retainage, non-current 6,664 14,393
Inventory, non-current 4,327 6,218
Goodwill 66,351 65,982
Intangible assets, net of amortization 23,854 29,319
Other noncurrent 1,244 615
Total assets 468,207 461,462
Current liabilities:    
Current debt, net of debt issuance costs 26,125 12,004
Accounts payable:    
Trade 50,992 52,719
Retainage 763 1,671
Accrued liabilities 19,445 22,149
Taxes payable 826 813
Billings in excess of costs and estimated earnings on uncompleted contracts 29,568 28,484
Total current liabilities 127,719 117,840
Long-term debt, net of debt issuance costs 85,367 94,605
Other long-term liabilities 2,387 1,813
Deferred income taxes 20,302 19,345
Interest rate swap liability 971 145
Total liabilities 236,746 233,748
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, 28,391,874 and 27,992,589 issued; 27,680,643 and 27,281,358 outstanding at September 30, 2016 and December 31, 2015, respectively 283 279
Treasury stock, 711,231 and 711,231 shares, at cost, as of September 30, 2016 and December 31, 2015, respectively (6,540) (6,540)
Accumulated other comprehensive loss (971) (145)
Additional paid-in capital 170,582 168,736
Retained earnings 68,107 65,384
Total stockholders’ equity 231,461 227,714
Total liabilities and stockholders’ equity $ 468,207 $ 461,462