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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 7,341 $ 8,917
Accounts receivable, net of allowances 370,594 313,304
Inventories, net 315,823 272,276
Costs in excess of billings on uncompleted contracts 25,963 26,373
Income taxes receivable 0 2,437
Prepaid expenses and other current assets 53,821 43,635
Total current assets 773,542 666,942
Property and equipment, net of accumulated depreciation 302,050 286,741
Deferred income taxes 0 550
Customer relationship intangible assets, net of accumulated amortization 173,138 164,191
Other intangible assets, net of accumulated amortization 2,356 3,024
Goodwill 262,077 254,832
Other long-term assets 18,669 18,734
Total assets 1,531,832 1,395,014
Current liabilities    
Accounts payable 202,743 165,540
Accrued expenses and other liabilities 91,937 88,786
Billings in excess of costs on uncompleted contracts 19,831 15,691
Income taxes payable 2,697 0
Interest payable 4,944 5,619
Current portion: Long-term debt and capital lease obligations 8,704 11,155
Current portion: Insurance reserves 14,494 16,021
Total current liabilities 345,350 302,812
Insurance reserves 38,315 39,184
Long-term debt 410,952 344,827
Long-term portion of capital lease obligations 18,531 20,581
Deferred income taxes 3,605 0
Other long-term liabilities 7,511 7,009
Total liabilities 824,264 714,413
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.01 par value, 50.0 million shares authorized, no shares issued and outstanding at June 30, 2017 and December 31, 2016 0 0
Common stock, $0.01 par value, 300.0 million shares authorized, 67.1 million and 66.8 million shares issued, and 66.9 million and 66.7 million outstanding at June 30, 2017 and December 31, 2016, respectively 671 668
Additional paid-in capital 655,217 649,280
Retained earnings 54,522 33,182
Treasury stock, at cost, 0.2 million and 0.1 million shares at June 30, 2017 and December 31, 2016, respectively (2,842) (2,529)
Total stockholders' equity 707,568 680,601
Total liabilities and stockholders' equity $ 1,531,832 $ 1,395,014