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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 105,331 $ 129,500
Restricted cash 1,625 4,892
Receivables, net of allowances of $4,661 and $6,098, respectively 205,125 186,016
Retainage 32,926 33,643
Costs and estimated earnings in excess of billings 85,746 62,401
Inventories 71,332 63,953
Prepaid expenses and other current assets 25,426 51,832
Total current assets 527,511 532,237
Property, plant & equipment, less accumulated depreciation 158,966 156,747
Other assets    
Goodwill 304,357 298,619
Identified intangible assets, less accumulated amortization 188,864 194,911
Deferred income tax assets 1,627 1,848
Other assets 10,612 9,220
Total other assets 505,460 504,598
Total Assets 1,191,937 1,193,582
Current liabilities    
Accounts payable 63,954 63,058
Accrued expenses 81,223 85,010
Billings in excess of costs and estimated earnings 32,411 62,698
Current maturities of long-term debt 27,210 19,835
Total current liabilities 204,798 230,601
Long-term debt, less current maturities 352,071 350,785
Deferred income tax liabilities 23,951 23,339
Other non-current liabilities 12,737 12,674
Total liabilities 593,557 617,399
(See Commitments and Contingencies: Note 9)
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 33,120,494 and 33,956,304, respectively 331 340
Additional paid-in capital 152,310 166,598
Retained earnings 472,033 455,062
Accumulated other comprehensive loss (36,922) (53,500)
Total stockholders’ equity 587,752 568,500
Non-controlling interests 10,628 7,683
Total equity 598,380 576,183
Total Liabilities and Equity $ 1,191,937 $ 1,193,582