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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 16,470 $ 21,030
Accounts and other receivables, less allowance for doubtful accounts of $1,892 in 2016 and $1,856 in 2015 86,483 90,912
Costs and estimated earnings in excess of billings on uncompleted contracts 41,953 46,061
Prepaid expenses and other current assets 11,963 9,173
Total current assets 156,869 167,176
Property, plant and equipment 21,155 20,629
Accumulated depreciation (15,195) (14,384)
Property, plant and equipment, net 5,960 6,245
Goodwill 124,056 121,975
Intangible assets, net 6,810 6,221
Other assets 822 733
Total assets 294,517 302,350
Liabilities and Stockholders' Equity    
Short-term borrowings 33,092 34,084
Current portion of long-term debt 13,333 13,333
Accounts payable and accrued expenses 57,057 61,071
Billings in excess of costs and estimated earnings on uncompleted contracts 17,950 18,366
Total current liabilities 121,432 126,854
Long-term debt 7,778 11,111
Other noncurrent liabilities 6,356 6,041
Total liabilities 135,566 144,006
Stockholders' equity:    
Common stock, par value $0.01 per share 172 172
Additional paid-in capital 106,539 105,872
Retained earnings 77,398 73,598
Treasury stock at cost (11,961) (8,497)
Accumulated other comprehensive loss (13,197) (12,801)
Total stockholders’ equity 158,951 158,344
Total Liabilities and Stockholders' Equity $ 294,517 $ 302,350