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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 16,346 $ 21,030
Accounts and other receivables, less allowance for doubtful accounts of $1,091 in 2016 and $1,856 in 2015 105,549 90,912
Costs and estimated earnings in excess of billings on uncompleted contracts 39,318 46,061
Prepaid expenses and other current assets 11,481 9,173
Total current assets 172,694 167,176
Property, plant and equipment, net 4,547 6,245
Goodwill 127,772 121,975
Intangible assets, net 5,825 6,221
Deferred tax assets 1,058 619
Other assets, net 3,705 733
Total assets 315,601 302,969
Current liabilities:    
Short-term borrowings 17,694 34,084
Current portion of long-term debt 12,000 13,333
Accounts payable and accrued expenses 64,596 61,071
Billings in excess of costs and estimated earnings on uncompleted contracts 18,545 18,366
Total current liabilities 112,835 126,854
Long-term debt 28,000 11,111
Deferred tax liabilities 3,124 4,225
Other noncurrent liabilities 4,146 2,435
Total liabilities 148,105 144,625
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; Authorized 10,000,000 shares; no shares issued 0 0
Common stock, par value $0.01 per share; Authorized 35,000,000 shares; issued 17,222,781 shares in 2016 and 2015 172 172
Additional paid-in capital 106,569 105,872
Retained earnings 93,845 73,598
Treasury stock, at cost (482,194 shares in 2016 and 336,593 shares in 2015) (11,628) (8,497)
Accumulated other comprehensive loss (21,462) (12,801)
Total stockholders’ equity 167,496 158,344
Total Liabilities and Stockholders' Equity $ 315,601 $ 302,969