Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 45,824	$ 34,194
Restricted cash	1,498	5,319
Accounts receivable, net	83,062	97,778
Costs and estimated earnings in excess of billings on uncompleted contracts	38,123	43,175
Inventories, net	21,487	32,509
Prepaid expenses and other current assets	13,560	9,058
Prepaid income taxes	1,590	4,724
Assets held for sale	7,834	1,699
Total current assets	212,978	228,456
Property, plant and equipment, net	27,270	44,981
Goodwill	170,153	220,163
Intangible assets – finite life, net	60,728	74,957
Intangible assets – indefinite life	22,042	26,337
Deferred charges and other assets	5,463	3,925
Total assets	498,634	598,819
Current liabilities:
Current portion of debt	8,827	19,494
Accounts payable and accrued expenses	95,610	99,097
Billings in excess of costs and estimated earnings on uncompleted contracts	35,085	28,000
Note payable	5,300
Income taxes payable	1,536	1,582
Total current liabilities	146,358	148,173
Other liabilities	34,864	30,072
Debt, less current portion	114,366	157,834
Deferred income tax liability, net	12,964	17,719
Total liabilities	308,552	353,798
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, 34,300,209 and 34,055,749 shares issued and outstanding at December 31, 2016 and 2015, respectively	343	340
Capital in excess of par value	244,878	243,274
Accumulated earnings (loss)	(41,741)	5,472
Accumulated other comprehensive loss	(13,042)	(9,577)
Stockholders' equity before treasury stock	190,438	239,509
Less treasury stock, at cost, 137,920 shares at December 31, 2016 and 2015	(356)	(356)
Total CECO shareholders’ equity	190,082	239,153
Noncontrolling interest		5,868
Total shareholders’ equity	190,082	245,021
Total liabilities and shareholders' equity	$ 498,634	$ 598,819