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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 30,763 $ 18,162
Restricted cash 5,350 1,200
Accounts receivable, net 100,758 58,394
Costs and estimated earnings in excess of billings on uncompleted contracts 58,686 24,371
Inventories, net 29,850 23,416
Prepaid expenses and other current assets 11,812 9,046
Prepaid income taxes 4,990 4,190
Assets held for sale 2,500 4,188
Total current assets 244,709 142,967
Property, plant and equipment, net 47,489 18,961
Goodwill 232,240 167,547
Intangible assets-finite life, net 83,975 58,398
Intangible assets-indefinite life 30,249 19,766
Deferred charges and other assets 8,158 6,154
Total assets 646,820 413,793
Current liabilities:    
Current portion of debt 19,699 8,887
Accounts payable and accrued expenses 104,949 51,462
Billings in excess of costs and estimated earnings on uncompleted contracts 23,341 14,597
Income taxes payable 646 405
Total current liabilities 148,635 75,351
Other liabilities 29,416 27,884
Debt, less current portion 174,584 102,969
Deferred income tax liability, net 43,561 26,365
Total liabilities $ 396,196 $ 232,569
Commitments and contingencies
Shareholders' equity:    
Preferred stock, $.01 par value; 10,000 shares authorized, none issued
Common stock, $.01 par value; 100,000,000 shares authorized, 34,048,024 and 26,404,869 shares issued in 2015 and 2014, respectively $ 340 $ 264
Capital in excess of par value 242,571 168,886
Accumulated earnings 10,794 19,051
Accumulated other comprehensive loss (8,725) (6,621)
Stockholders' equity before treasury stock 244,980 181,580
Less treasury stock, at cost, 137,920 shares in 2015 and 2014 (356) (356)
Total CECO shareholders' equity 244,624 181,224
Noncontrolling interest 6,000  
Total shareholders' equity 250,624 181,224
Total liabilities and shareholders' equity $ 646,820 $ 413,793