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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,726 $ 12,293
Accounts receivable:    
Trade, net of allowance for credit losses of $323 and $323, respectively 99,780 88,173
Retainage 43,467 41,379
Income taxes receivable 405 405
Other current 3,713 17,585
Inventory 1,467 1,428
Contract assets 24,474 28,529
Prepaid expenses and other 6,008 8,142
Total current assets 186,040 197,934
Property and equipment, net 104,974 106,654
Operating lease right-of-use assets, net of amortization 15,006 14,686
Financing lease right-of-use assets, net of amortization 17,472 14,561
Inventory, non-current 5,568 5,418
Intangible assets, net of amortization 8,246 8,556
Deferred income tax asset 40 41
Other non-current 3,530 3,900
Total assets 340,876 351,750
Current liabilities:    
Current debt, net of debt issuance costs 27,210 39,141
Accounts payable:    
Trade 60,537 48,217
Retainage 1,186 923
Accrued liabilities 21,141 38,594
Income taxes payable 1,977 601
Contract liabilities 32,593 26,998
Current portion of operating lease liabilities 4,005 3,857
Current portion of financing lease liabilities 4,670 3,406
Total current liabilities 153,319 161,737
Long-term debt, net of debt issuance costs 929 259
Operating lease liabilities 11,709 11,637
Financing lease liabilities 12,605 10,908
Other long-term liabilities 18,530 18,942
Deferred income tax liability 187 169
Total liabilities 197,279 203,652
Stockholders' equity:    
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued
Common stock -- $0.01 par value, 50,000,000 authorized, 31,676,725 and 31,712,457 issued; 30,965,494 and 31,001,226 outstanding at March 31, 2022 and December 31, 2021, respectively 317 317
Treasury stock, 711,231 shares, at cost, as of March 31, 2022 and December 31, 2021, respectively (6,540) (6,540)
Additional paid-in capital 186,236 185,881
Retained loss (36,416) (31,560)
Total stockholders' equity 143,597 148,098
Total liabilities and stockholders' equity $ 340,876 $ 351,750