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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,550 $ 305
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 77,628 92,202
Retainage 36,490 40,201
Other current 3,467 4,634
Income taxes receivable 99 133
Inventory 5,527 5,392
Deferred tax asset 0 2,013
Costs and estimated earnings in excess of billings on uncompleted contracts 46,294 39,968
Assets held for sale 6,375 6,375
Prepaid expenses and other 3,733 3,885
Total current assets 181,163 195,108
Property and equipment, net 153,916 158,082
Accounts receivable, non-current 1,748 733
Inventory, non-current 3,989 3,998
Deferred tax assets, noncurrent 2,013 0
Goodwill 66,351 66,351
Intangible assets, net of amortization 20,763 22,032
Other noncurrent 1,495 1,372
Total assets 431,438 447,676
Current liabilities:    
Current debt, net of debt issuance costs 13,712 19,188
Accounts payable:    
Trade 50,656 49,123
Retainage 758 893
Accrued liabilities 15,615 19,946
Taxes payable 269 689
Billings in excess of costs and estimated earnings on uncompleted contracts 24,564 27,681
Total current liabilities 105,574 117,520
Long-term debt, net of debt issuance costs 78,822 82,077
Other long-term liabilities 2,841 2,493
Deferred income taxes 17,767 19,000
Interest rate swap liability 186 382
Total liabilities 205,190 221,472
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, 28,502,700 and 28,405,850 issued; 27,791,476 and 27,694,626 outstanding at March 31, 2017 and December 31, 2016, respectively 284 283
Treasury stock, 711,231 and 711,231 shares, at cost, as of March 31, 2017 and December 31, 2016, respectively (6,540) (6,540)
Accumulated other comprehensive loss (186) (382)
Additional paid-in capital 172,051 171,079
Retained earnings 60,639 61,764
Total stockholders’ equity 226,248 226,204
Total liabilities and stockholders’ equity $ 431,438 $ 447,676