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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 94,787 $ 129,500
Restricted cash 1,938 4,892
Receivables, net of allowances of $4,611 and $6,098, respectively 212,042 186,016
Retainage 33,119 33,643
Costs and estimated earnings in excess of billings 88,887 62,401
Inventories 68,721 63,953
Prepaid expenses and other current assets 37,016 51,832
Assets held for sale 78,223 0
Total current assets 614,733 532,237
Property, plant & equipment, less accumulated depreciation 110,790 156,747
Other assets    
Goodwill 259,791 298,619
Identified intangible assets, less accumulated amortization 141,084 194,911
Deferred income tax assets 2,393 1,848
Other assets 11,752 9,220
Total other assets 415,020 504,598
Total Assets 1,140,543 1,193,582
Current liabilities    
Accounts payable 82,390 63,058
Accrued expenses 85,322 85,010
Billings in excess of costs and estimated earnings 46,678 62,698
Current maturities of long-term debt 26,556 19,835
Liabilities held for sale 19,990 0
Total current liabilities 260,936 230,601
Long-term debt, less current maturities 336,063 350,785
Deferred income tax liabilities 14,444 23,339
Other non-current liabilities 12,776 12,674
Total liabilities 624,219 617,399
(See Commitments and Contingencies: Note 10)
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 32,673,818 and 33,956,304, respectively 327 340
Additional paid-in capital 144,088 166,598
Retained earnings 398,797 455,062
Accumulated other comprehensive loss (37,158) (53,500)
Total stockholders’ equity 506,054 568,500
Non-controlling interests 10,270 7,683
Total equity 516,324 576,183
Total Liabilities and Equity $ 1,140,543 $ 1,193,582