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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 87,173 $ 105,717
Restricted cash 1,858 1,839
Receivables, net of allowances of $7,034 and $5,775, respectively 177,364 201,570
Retainage 31,327 33,002
Contract assets 81,052 75,371
Inventories 66,263 63,969
Prepaid expenses and other current assets 30,037 35,282
Assets held for sale 72,683 70,314
Total current assets 547,757 587,064
Property, plant & equipment, less accumulated depreciation 108,045 109,040
Other assets    
Goodwill 261,018 260,715
Intangible assets, less accumulated amortization 128,821 132,345
Deferred income tax assets 1,725 1,666
Other assets 17,179 16,269
Total other assets 408,743 410,995
Total Assets 1,064,545 1,107,099
Current liabilities    
Accounts payable 61,361 70,611
Accrued expenses 83,460 92,011
Contract liabilities 45,139 51,597
Current maturities of long-term debt 26,557 26,555
Liabilities held for sale 14,731 20,900
Total current liabilities 231,248 261,674
Long-term debt, less current maturities 315,629 318,240
Deferred income tax liabilities 9,214 9,211
Other non-current liabilities 13,403 12,918
Total liabilities 569,494 602,043
(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 32,467,823 and 32,462,542, respectively 325 325
Additional paid-in capital 129,237 140,749
Retained earnings 384,207 386,008
Accumulated other comprehensive loss (30,174) (32,836)
Total stockholders’ equity 483,595 494,246
Non-controlling interests 11,456 10,810
Total equity 495,051 505,056
Total Liabilities and Equity $ 1,064,545 $ 1,107,099