XML 23 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 209,253 $ 174,965
Restricted cash 5,796 2,075
Receivables, net of allowances of $14,524 and $19,307, respectively 200,883 227,481
Retainage 37,285 38,318
Costs and estimated earnings in excess of billings 89,141 94,045
Inventories 47,779 59,192
Prepaid expenses and other current assets 66,999 42,046
Assets held for sale 21,060 0
Total current assets 678,196 638,122
Property, plant & equipment, less accumulated depreciation 144,833 168,213
Other assets    
Goodwill 249,120 293,023
Identified intangible assets, less accumulated amortization 174,118 182,273
Deferred income tax assets 2,130 3,334
Other assets 9,910 10,708
Total other assets 435,278 489,338
Total Assets 1,258,307 1,295,673
Current liabilities    
Accounts payable 72,732 83,285
Accrued expenses 112,951 111,617
Billings in excess of costs and estimated earnings 87,475 43,022
Current maturities of long-term debt and line of credit 17,648 26,399
Liabilities held for sale 6,961 0
Total current liabilities 297,767 264,323
Long-term debt, less current maturities 337,774 351,076
Deferred income tax liabilities 19,386 22,913
Other non-current liabilities 8,824 12,276
Total liabilities $ 663,751 $ 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 36,053,499 and 37,360,515, respectively 361 374
Additional paid-in capital 199,951 217,289
Retained earnings 425,574 433,641
Accumulated other comprehensive loss (47,861) (24,669)
Total stockholders’ equity 578,025 626,635
Non-controlling interests 16,531 18,450
Total equity 594,556 645,085
Total Liabilities and Equity $ 1,258,307 $ 1,295,673