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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 105,717 $ 129,500
Restricted cash 1,839 4,892
Receivables, net of allowances of $5,775 and $6,098, respectively 201,570 186,016
Retainage 33,002 33,643
Costs and estimated earnings in excess of billings 75,371 62,401
Inventories 63,969 63,953
Prepaid expenses and other current assets 35,282 51,832
Assets held for sale 70,314 0
Total current assets 587,064 532,237
Property, plant & equipment, less accumulated depreciation 109,040 156,747
Other assets    
Goodwill 260,715 298,619
Identified intangible assets, less accumulated amortization 132,345 194,911
Deferred income tax assets 1,666 1,848
Other assets 16,269 9,220
Total other assets 410,995 504,598
Total Assets 1,107,099 1,193,582
Current liabilities    
Accounts payable 70,611 63,058
Accrued expenses 92,011 85,010
Billings in excess of costs and estimated earnings 51,597 62,698
Current maturities of long-term debt 26,555 19,835
Liabilities held for sale 20,900 0
Total current liabilities 261,674 230,601
Long-term debt, less current maturities 318,240 350,785
Deferred income tax liabilities 9,211 23,339
Other non-current liabilities 12,918 12,674
Total liabilities 602,043 617,399
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 32,462,542 and 33,956,304, respectively 325 340
Additional paid-in capital 140,749 166,598
Retained earnings 386,008 455,062
Accumulated other comprehensive loss (32,836) (53,500)
Total stockholders’ equity 494,246 568,500
Non-controlling interests 10,810 7,683
Total equity 505,056 576,183
Total Liabilities and Equity $ 1,107,099 $ 1,193,582