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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 167,584 $ 174,965
Restricted cash 4,130 2,075
Receivables, net of allowances of $16,748 and $19,307, respectively 223,249 227,481
Retainage 38,210 38,318
Costs and estimated earnings in excess of billings 108,426 94,045
Inventories 53,579 59,192
Prepaid expenses and other current assets 58,799 42,046
Total current assets 653,977 638,122
Property, plant & equipment, less accumulated depreciation 160,203 168,213
Other assets    
Goodwill 293,149 293,023
Identified intangible assets, less accumulated amortization 177,307 182,273
Deferred income tax assets 2,899 3,334
Other assets 9,250 10,708
Total other assets 482,605 489,338
Total Assets 1,296,785 1,295,673
Current liabilities    
Accounts payable 82,696 83,285
Accrued expenses 111,706 111,617
Billings in excess of costs and estimated earnings 73,734 43,022
Current maturities of long-term debt and line of credit 28,586 26,399
Total current liabilities 296,722 264,323
Long-term debt, less current maturities 327,931 351,076
Deferred income tax liabilities 26,113 22,913
Other non-current liabilities 11,282 12,276
Total liabilities $ 662,048 $ 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 36,247,231 and 37,360,515, respectively 362 374
Additional paid-in capital 203,298 217,289
Retained earnings 458,434 433,641
Accumulated other comprehensive loss (44,544) (24,669)
Total stockholders’ equity 617,550 626,635
Non-controlling interests 17,187 18,450
Total equity 634,737 645,085
Total Liabilities and Equity $ 1,296,785 $ 1,295,673