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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 6,281 $ 9,086
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 77,015 84,953
Retainage 37,909 39,189
Other current 3,942 3,706
Income taxes receivable 248 339
Inventory 3,878 4,386
Costs and estimated earnings in excess of billings on uncompleted contracts 53,287 46,006
Prepaid expenses and other 4,677 4,124
Total current assets 187,237 191,789
Property and equipment, net 147,683 146,278
Inventory, non-current 4,835 4,915
Goodwill 69,483 69,483
Intangible assets, net of amortization 16,481 18,175
Other non-current 6,550 2,645
Total assets 432,269 433,285
Current liabilities:    
Current debt, net of debt issuance costs 30,743 22,756
Accounts payable:    
Trade 37,500 45,194
Retainage 2,826 1,990
Accrued liabilities 18,218 17,873
Taxes payable 705 256
Billings in excess of costs and estimated earnings on uncompleted contracts 25,069 33,923
Total current liabilities 115,061 121,992
Long-term debt, net of debt issuance costs 57,094 63,185
Other long-term liabilities 4,904 3,573
Deferred income taxes 15,084 13,243
Interest rate swap liability 0 26
Total liabilities 192,143 202,019
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, 29,422,432 and 28,860,961 issued; 28,711,208 and 28,149,737 outstanding at June 30, 2018 and December 31, 2017, respectively 293 288
Treasury stock, 711,231 shares, at cost, as of June 30, 2018 and December 31, 2017, respectively (6,540) (6,540)
Other comprehensive income (loss) 320 (26)
Additional paid-in capital 177,142 174,697
Retained earnings 68,911 62,847
Total stockholders’ equity 240,126 231,266
Total liabilities and stockholders’ equity $ 432,269 $ 433,285