XML 25 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets:      
Cash and cash equivalents $ 1,589 $ 128 $ 8,684
Restricted cash 0 958  
Accounts receivable:      
Trade, net of allowance for credit losses of $411 and $2,600, respectively 96,369 116,540  
Retainage 36,485 42,547  
Income taxes receivable 419 962  
Other current 59,492 2,680  
Inventory 1,548 1,114  
Costs and estimated earnings in excess of billings on uncompleted contracts 32,271 41,389  
Prepaid expenses and other 7,229 5,647  
Total current assets 235,402 211,965  
Property and equipment, net of depreciation 125,497 132,348  
Operating lease right-of-use assets, net of amortization 18,874 17,997  
Financing lease right-of-use assets, net of amortization 12,858 7,896  
Inventory, non-current 6,455 7,037  
Intangible assets, net of amortization 10,077 12,147  
Deferred income tax asset 70 85  
Other non-current 4,956 5,369  
Total assets 414,189 394,844  
Current liabilities:      
Current debt, net of debt issuance costs 4,344 3,668  
Accounts payable:      
Trade 48,252 70,421  
Retainage 716 562  
Accrued liabilities 84,637 16,966  
Income taxes payable 639 1,523  
Billings in excess of costs and estimated earnings on uncompleted contracts 33,135 48,781  
Current portion of operating lease liabilities 4,989 5,043  
Current portion of financing lease liabilities 3,901 2,788  
Total current liabilities 180,613 149,752  
Long-term debt, net of debt issuance costs 29,523 68,029  
Operating lease liabilities 14,537 13,596  
Financing lease liabilities 8,376 3,760  
Other long-term liabilities 19,837 20,436  
Deferred income tax liability 207 205  
Interest rate swap liability 1,602 1,045  
Total liabilities 254,695 256,823  
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, 31,171,804 and 30,303,395 issued; 30,460,573 and 29,592,164 outstanding at December 31, 2020 and December 31, 2019, respectively 312 303  
Treasury stock, 711,231 shares, at cost, as of December 31, 2020 and December 31, 2019, respectively (6,540) (6,540)  
Accumulated other comprehensive loss (1,602) (1,045)  
Additional paid-in capital 184,324 182,523  
Retained loss (17,000) (37,220)  
Total stockholders' equity 159,494 138,021 $ 141,585
Total liabilities and stockholders' equity $ 414,189 $ 394,844