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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 110,792 $ 209,253
Restricted cash 5,299 5,796
Receivables, net of allowances of $7,646 and $14,524, respectively 189,652 200,883
Retainage 37,687 37,285
Costs and estimated earnings in excess of billings 93,754 89,141
Inventories 61,932 47,779
Prepaid expenses and other current assets 72,607 66,999
Assets held for sale 0 21,060
Total current assets 571,723 678,196
Property, plant & equipment, less accumulated depreciation 153,741 144,833
Other assets    
Goodwill 297,223 249,120
Identified intangible assets, less accumulated amortization 202,073 174,118
Deferred income tax assets 3,432 2,130
Other assets 6,736 5,616
Total other assets 509,464 430,984
Total Assets 1,234,928 1,254,013
Current liabilities    
Accounts payable 63,876 72,732
Accrued expenses 103,686 112,951
Billings in excess of costs and estimated earnings 96,171 87,475
Current maturities of long-term debt and line of credit 17,646 17,648
Liabilities held for sale 0 6,961
Total current liabilities 281,379 297,767
Long-term debt, less current maturities 361,221 333,480
Deferred income tax liabilities 20,608 19,386
Other non-current liabilities 11,234 8,824
Total liabilities 674,442 659,457
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 34,720,534 and 36,053,499, respectively 347 361
Additional paid-in capital 180,394 199,951
Retained earnings 425,204 425,574
Accumulated other comprehensive loss (53,208) (47,861)
Total stockholders’ equity 552,737 578,025
Non-controlling interests 7,749 16,531
Total equity 560,486 594,556
Total Liabilities and Equity $ 1,234,928 $ 1,254,013