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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 67,410 $ 105,717
Restricted cash 1,835 1,839
Receivables, net of allowances of $5,967 and $5,775, respectively 194,941 201,570
Retainage 33,751 33,002
Contract assets 88,348 75,371
Inventories 63,144 63,969
Prepaid expenses and other current assets 33,435 35,282
Assets held for sale 10,173 70,314
Total current assets 493,037 587,064
Property, plant & equipment, less accumulated depreciation 107,792 109,040
Other assets    
Goodwill 261,757 260,715
Intangible assets, less accumulated amortization 124,449 132,345
Deferred income tax assets 1,641 1,666
Other assets 26,362 16,269
Total other assets 414,209 410,995
Total Assets 1,015,038 1,107,099
Current liabilities    
Accounts payable 75,654 70,611
Accrued expenses 83,682 92,011
Contract liabilities 35,297 51,597
Current maturities of long-term debt 26,548 26,555
Liabilities held for sale 6,423 20,900
Total current liabilities 227,604 261,674
Long-term debt, less current maturities 279,269 318,240
Deferred income tax liabilities 9,749 9,211
Other non-current liabilities 12,332 12,918
Total liabilities 528,954 602,043
(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 32,313,990 and 32,462,542, respectively 323 325
Additional paid-in capital 128,330 140,749
Retained earnings 382,367 376,694
Accumulated other comprehensive loss (32,668) (23,522)
Total stockholders’ equity 478,352 494,246
Non-controlling interests 7,732 10,810
Total equity 486,084 505,056
Total Liabilities and Equity $ 1,015,038 $ 1,107,099