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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 173,072 $ 174,965
Restricted cash 3,175 2,075
Receivables, net of allowances of $18,484 and $19,307, respectively 216,490 227,481
Retainage 36,592 38,318
Costs and estimated earnings in excess of billings 103,384 94,045
Inventories 56,974 59,192
Prepaid expenses and other current assets 40,643 42,046
Total current assets 630,330 638,122
Property, plant & equipment, less accumulated depreciation 162,592 168,213
Other assets    
Goodwill 294,492 293,023
Identified intangible assets, less accumulated amortization 180,482 182,273
Deferred income tax assets 3,029 3,334
Other assets 9,913 10,708
Total other assets 487,916 489,338
Total Assets 1,280,838 1,295,673
Current liabilities    
Accounts payable 90,380 83,285
Accrued expenses 105,912 111,617
Billings in excess of costs and estimated earnings 63,406 43,022
Current maturities of long-term debt and line of credit 26,399 26,399
Total current liabilities 286,097 264,323
Long-term debt, less current maturities 336,812 351,076
Deferred income tax liabilities 24,287 22,913
Other non-current liabilities 12,655 12,276
Total liabilities $ 659,851 $ 650,588
Commitments and contingencies    
Equity    
Preferred stock, undesignated, $.10 par – shares authorized 2,000,000; none outstanding $ 0 $ 0
Common stock, $.01 par – shares authorized 125,000,000; shares issued and outstanding 36,227,841 and 37,360,515, respectively 362 374
Additional paid-in capital 201,078 217,289
Retained earnings 443,684 433,641
Accumulated other comprehensive loss (41,450) (24,669)
Total stockholders’ equity 603,674 626,635
Non-controlling interests 17,313 18,450
Total equity 620,987 645,085
Total Liabilities and Equity $ 1,280,838 $ 1,295,673