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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jul. 31, 2011
Jan. 31, 2011
Current assets:    
Cash and cash equivalents $ 33,264 $ 44,985
Customer receivables, less allowance of $8,544 and $8,628, respectively 155,192 142,816
Costs and estimated earnings in excess of billings on uncompleted contracts 118,132 82,569
Inventories 36,518 29,542
Deferred income taxes 19,949 20,824
Income taxes receivable 6,353 8,633
Restricted deposits-current 13,244 3,966
Other 7,946 10,811
Total current assets 390,598 344,146
Property and equipment:    
Land 13,145 12,631
Buildings 37,210 36,466
Machinery and equipment 467,957 441,588
Gas transportation facilities and equipment 40,915 40,886
Oil and gas properties 99,263 97,737
Mineral interests in oil and gas properties 22,356 22,261
Property and equipment, gross 680,846 651,569
Less - Accumulated depreciation and depletion (413,138) (391,713)
Net property and equipment 267,708 259,856
Other assets:    
Investment in affiliates 79,133 69,152
Goodwill 105,696 103,378
Other intangible assets, net 25,287 26,453
Restricted deposits-long term 3,445 3,001
Other 14,895 10,666
Total other assets 228,456 212,650
Total assets 886,762 816,652
Current liabilities:    
Accounts payable 105,545 98,933
Current maturities of long term debt 6,667 9,667
Accrued compensation 40,735 44,584
Accrued insurance expense 12,047 9,579
Other accrued expenses 17,063 22,422
Acquisition escrow obligation-current 3,969 3,966
Income taxes payable 13,182 12,126
Billings in excess of costs and estimated earnings on uncompleted contracts 40,110 49,560
Total current liabilities 239,318 250,837
Noncurrent and deferred liabilities:    
Long-term debt 47,500  
Accrued insurance expense 12,839 11,609
Deferred income taxes 30,206 26,782
Acquisition escrow obligation-long term 3,445 3,001
Other 20,772 20,499
Total noncurrent and deferred liabilities 114,762 61,891
Contingencies    
Stockholders' equity:    
Common stock, par value $.01 per share, 30,000 shares authorized, 19,704 and 19,540 shares issued and outstanding, respectively 197 195
Capital in excess of par value 349,510 347,307
Retained earnings 183,385 159,709
Accumulated other comprehensive loss (4,066) (5,809)
Total Layne Christensen Company stockholders' equity 529,026 501,402
Noncontrolling interests 3,656 2,522
Total equity 532,682 503,924
Total liabilities and stockholders' equity $ 886,762 $ 816,652