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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 23,612 $ 16,346
Accounts and other receivables, less allowance for doubtful accounts of $2,492 in 2017 and $1,091 in 2016 119,335 105,549
Costs and estimated earnings in excess of billings on uncompleted contracts 42,958 39,318
Prepaid expenses and other current assets 14,212 11,481
Total current assets 200,117 172,694
Property, plant and equipment, net 5,123 4,547
Goodwill 144,835 127,772
Intangible assets, net 8,363 5,825
Deferred tax assets 1,135 1,058
Other assets, net 5,434 3,705
Total assets 365,007 315,601
Current liabilities:    
Short-term borrowings 37,696 17,694
Current portion of long-term debt 12,000 12,000
Accounts payable and accrued expenses 78,280 64,596
Billings in excess of costs and estimated earnings on uncompleted contracts 22,356 18,545
Total current liabilities 150,332 112,835
Long-term debt 16,000 28,000
Deferred tax liabilities 3,186 3,124
Other noncurrent liabilities 7,435 4,146
Total liabilities 176,953 148,105
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 2017 and 2016 172 172
Additional paid-in capital 107,256 106,569
Retained earnings 106,599 93,845
Treasury stock, at cost (474,855 shares in 2017 and 482,194 shares in 2016) (11,118) (11,628)
Accumulated other comprehensive loss (14,855) (21,462)
Total stockholders’ equity 188,054 167,496
Total Liabilities and Stockholders' Equity $ 365,007 $ 315,601