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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 9,086 $ 305
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 84,953 92,202
Retainage 39,189 40,201
Other current 3,706 4,634
Income taxes receivable 339 133
Inventory 4,386 5,392
Deferred tax asset 0 2,013
Costs and estimated earnings in excess of billings on uncompleted contracts 46,006 39,968
Assets held for sale 0 6,375
Prepaid expenses and other 4,124 3,885
Total current assets 191,789 195,108
Property and equipment, net 146,278 158,082
Accounts receivable, non-current 0 733
Inventory, non-current 4,915 3,998
Goodwill 69,483 66,351
Intangible assets, net of amortization 18,175 22,032
Other non-current 2,645 1,372
Total assets 433,285 447,676
Current liabilities:    
Current debt, net of debt issuance costs 22,756 19,188
Accounts payable:    
Trade 45,194 49,123
Retainage 1,990 893
Accrued liabilities 17,873 19,946
Taxes payable 256 689
Billings in excess of costs and estimated earnings on uncompleted contracts 33,923 27,681
Total current liabilities 121,992 117,520
Long-term debt, net of debt issuance costs 63,185 82,077
Other long-term liabilities 3,573 2,493
Deferred income taxes 13,243 19,000
Interest rate swap liability 26 382
Total liabilities 202,019 221,472
Stockholders’ equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued 0 0
Other comprehensive loss (26) (382)
Common stock -- $0.01 par value, 50,000,000 authorized, 28,860,961 and 28,405,850 issued; 28,149,737 and 27,694,626 outstanding at December 31, 2017 and December 31, 2016, respectively 288 283
Treasury stock, 711,231 and 711,231 shares, at cost December 31, 2017 and December 31, 2016, respectively (6,540) (6,540)
Additional paid-in capital 174,697 171,079
Retained earnings 62,847 61,764
Total stockholders’ equity 231,266 226,204
Total liabilities and stockholders’ equity $ 433,285 $ 447,676