XML 75 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 135,925us-gaap_CashAndCashEquivalentsAtCarryingValue $ 174,965us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 3,156us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 2,075us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Receivables, net of allowances of $18,331 and $19,307, respectively 225,379us-gaap_ReceivablesNetCurrent 227,481us-gaap_ReceivablesNetCurrent
Retainage 36,508us-gaap_ContractReceivableRetainage 38,318us-gaap_ContractReceivableRetainage
Costs and estimated earnings in excess of billings 107,525us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear 94,045us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
Inventories 60,890us-gaap_InventoryNet 59,192us-gaap_InventoryNet
Prepaid expenses and other current assets 35,471us-gaap_PrepaidExpenseAndOtherAssetsCurrent 42,046us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 604,854us-gaap_AssetsCurrent 638,122us-gaap_AssetsCurrent
Property, plant & equipment, less accumulated depreciation 161,539us-gaap_PropertyPlantAndEquipmentNet 168,213us-gaap_PropertyPlantAndEquipmentNet
Other assets    
Goodwill 293,197us-gaap_Goodwill 293,023us-gaap_Goodwill
Identified intangible assets, less accumulated amortization 182,600us-gaap_IntangibleAssetsNetExcludingGoodwill 182,273us-gaap_IntangibleAssetsNetExcludingGoodwill
Deferred income tax assets 3,025us-gaap_DeferredTaxAssetsNetNoncurrent 3,334us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 9,268us-gaap_OtherAssetsNoncurrent 10,708us-gaap_OtherAssetsNoncurrent
Total other assets 488,090us-gaap_AssetsNoncurrent 489,338us-gaap_AssetsNoncurrent
Total Assets 1,254,483us-gaap_Assets 1,295,673us-gaap_Assets
Current liabilities    
Accounts payable 64,598us-gaap_AccountsPayableCurrent 83,285us-gaap_AccountsPayableCurrent
Accrued expenses 96,895us-gaap_OtherAccruedLiabilitiesCurrent 111,617us-gaap_OtherAccruedLiabilitiesCurrent
Billings in excess of costs and estimated earnings 59,319us-gaap_BillingsInExcessOfCost 43,022us-gaap_BillingsInExcessOfCost
Current maturities of long-term debt and line of credit 26,399us-gaap_DebtCurrent 26,399us-gaap_DebtCurrent
Total current liabilities 247,211us-gaap_LiabilitiesCurrent 264,323us-gaap_LiabilitiesCurrent
Long-term debt, less current maturities 345,189us-gaap_LongTermDebtNoncurrent 351,076us-gaap_LongTermDebtNoncurrent
Deferred income tax liabilities 23,554us-gaap_DeferredTaxLiabilitiesNoncurrent 22,913us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 12,583us-gaap_OtherLiabilitiesNoncurrent 12,276us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 628,537us-gaap_Liabilities 650,588us-gaap_Liabilities
(See Commitments and Contingencies: Note 9)      
Equity    
Preferred stock, undesignated, $.10 par – shares authorized 2,000,000; none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.01 par – shares authorized 125,000,000; shares issued and outstanding 37,018,955 and 37,360,515, respectively 370us-gaap_CommonStockValue 374us-gaap_CommonStockValue
Additional paid-in capital 212,448us-gaap_AdditionalPaidInCapital 217,289us-gaap_AdditionalPaidInCapital
Retained earnings 435,000us-gaap_RetainedEarningsAccumulatedDeficit 433,641us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (39,328)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (24,669)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 608,490us-gaap_StockholdersEquity 626,635us-gaap_StockholdersEquity
Non-controlling interests 17,456us-gaap_MinorityInterest 18,450us-gaap_MinorityInterest
Total equity 625,946us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 645,085us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Equity $ 1,254,483us-gaap_LiabilitiesAndStockholdersEquity $ 1,295,673us-gaap_LiabilitiesAndStockholdersEquity