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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 113,264 $ 209,253
Restricted cash 5,357 5,796
Receivables, net of allowances of $7,235 and $14,524, respectively 191,960 200,883
Retainage 34,661 37,285
Costs and estimated earnings in excess of billings 85,306 89,141
Inventories 62,805 47,779
Prepaid expenses and other current assets 68,787 66,999
Assets held for sale 0 21,060
Total current assets 562,140 678,196
Property, plant & equipment, less accumulated depreciation 158,276 144,833
Other assets    
Goodwill 300,679 249,120
Identified intangible assets, less accumulated amortization 199,352 174,118
Deferred income tax assets 3,411 2,130
Other assets 6,276 5,616
Total other assets 509,718 430,984
Total Assets 1,230,134 1,254,013
Current liabilities    
Accounts payable 69,183 72,732
Accrued expenses 94,419 112,951
Billings in excess of costs and estimated earnings 90,873 87,475
Current maturities of long-term debt and line of credit 17,644 17,648
Liabilities held for sale 0 6,961
Total current liabilities 272,119 297,767
Long-term debt, less current maturities 357,142 333,480
Deferred income tax liabilities 20,665 19,386
Other non-current liabilities 12,411 8,824
Total liabilities 662,337 659,457
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 34,139,540 and 36,053,499, respectively 341 361
Additional paid-in capital 171,053 199,951
Retained earnings 437,271 425,574
Accumulated other comprehensive loss (48,252) (47,861)
Total stockholders’ equity 560,413 578,025
Non-controlling interests 7,384 16,531
Total equity 567,797 594,556
Total Liabilities and Equity $ 1,230,134 $ 1,254,013