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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 74,281 $ 105,717
Restricted cash 1,911 1,839
Receivables, net of allowances of $6,463 and $5,775, respectively 197,738 201,570
Retainage 32,167 33,002
Contract assets 77,329 75,371
Inventories 64,660 63,969
Prepaid expenses and other current assets 26,976 35,282
Assets held for sale 81,262 70,314
Total current assets 556,324 587,064
Property, plant & equipment, less accumulated depreciation 106,262 109,040
Other assets    
Goodwill 261,885 260,715
Intangible assets, less accumulated amortization 127,618 132,345
Deferred income tax assets 1,658 1,666
Other assets 16,483 16,269
Total other assets 407,644 410,995
Total Assets 1,070,230 1,107,099
Current liabilities    
Accounts payable 66,388 70,611
Accrued expenses 84,034 92,011
Contract liabilities 43,088 51,597
Current maturities of long-term debt 26,555 26,555
Liabilities held for sale 20,247 20,900
Total current liabilities 240,312 261,674
Long-term debt, less current maturities 313,691 318,240
Deferred income tax liabilities 9,500 9,211
Other non-current liabilities 12,289 12,918
Total liabilities 575,792 602,043
(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 32,303,638 and 32,462,542, respectively 323 325
Additional paid-in capital 127,242 140,749
Retained earnings 392,128 386,008
Accumulated other comprehensive loss (35,688) (32,836)
Total stockholders’ equity 484,005 494,246
Non-controlling interests 10,433 10,810
Total equity 494,438 505,056
Total Liabilities and Equity $ 1,070,230 $ 1,107,099