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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 62,482 $ 83,527
Restricted cash 1,235 1,359
Receivables, net of allowances of $9,826 and $9,695, respectively 196,954 204,541
Retainage 31,056 33,572
Contract assets 59,422 62,467
Inventories 56,221 56,437
Prepaid expenses and other current assets 31,431 32,172
Assets held for sale 17,479 7,792
Total current assets 456,280 481,867
Property, plant & equipment, less accumulated depreciation 110,052 107,059
Other assets    
Goodwill 260,760 260,633
Intangible assets, less accumulated amortization 116,260 119,696
Operating lease assets 69,042 0
Deferred income tax assets 1,797 1,561
Other assets 21,919 21,601
Total other assets 469,778 403,491
Total Assets 1,036,110 992,417
Current liabilities    
Accounts payable 54,343 64,562
Accrued expenses 95,551 88,020
Contract liabilities 27,060 32,339
Current maturities of long-term debt 30,625 29,469
Liabilities held for sale 10,762 5,260
Total current liabilities 218,341 219,650
Long-term debt, less current maturities 286,417 282,003
Operating lease liabilities 54,404 0
Deferred income tax liabilities 8,669 8,361
Other non-current liabilities 13,709 12,216
Total liabilities 581,540 522,230
(See Commitments and Contingencies: Note 11)
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 31,491,872 and 31,922,409, respectively 315 319
Additional paid-in capital 111,597 122,818
Retained earnings 375,889 379,890
Accumulated other comprehensive loss (40,508) (40,290)
Total stockholders’ equity 447,293 462,737
Non-controlling interests 7,277 7,450
Total equity 454,570 470,187
Total Liabilities and Equity $ 1,036,110 $ 992,417