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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,594 $ 9,086
Accounts receivable:    
Trade, net of allowance of $0 and $0, respectively 81,181 84,953
Retainage 30,216 39,189
Other current 5,415 3,706
Income taxes receivable 395 339
Inventory 3,757 4,386
Costs and estimated earnings in excess of billings on uncompleted contracts 57,411 46,006
Prepaid expenses and other 2,939 4,124
Total current assets 183,908 191,789
Property and equipment, net 144,387 146,278
Inventory, non-current 4,781 4,915
Goodwill 69,483 69,483
Intangible assets, net of amortization 15,634 18,175
Other non-current 6,555 2,645
Total assets 424,748 433,285
Current liabilities:    
Current debt, net of debt issuance costs 40,650 22,756
Accounts payable:    
Trade 31,360 45,194
Retainage 1,717 1,990
Accrued liabilities 17,699 17,873
Taxes payable 0 256
Billings in excess of costs and estimated earnings on uncompleted contracts 24,528 33,923
Total current liabilities 115,954 121,992
Long-term debt, net of debt issuance costs 55,770 63,185
Other long-term liabilities 4,460 3,573
Deferred income taxes 12,682 13,243
Interest rate swap liability 0 26
Total liabilities 188,866 202,019
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, 29,677,843 and 28,860,961 issued; 28,966,619 and 28,149,737 outstanding at September 30, 2018 and December 31, 2017, respectively 296 288
Treasury stock, 711,231 shares, at cost, as of September 30, 2018 and December 31, 2017, respectively (6,540) (6,540)
Other comprehensive income (loss) 357 (26)
Additional paid-in capital 179,214 174,697
Retained earnings 62,555 62,847
Total stockholders’ equity 235,882 231,266
Total liabilities and stockholders’ equity $ 424,748 $ 433,285