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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 67,055 $ 36,050
Available-for-sale securities   12,323
Receivables, net of allowances of $1,678 and $1,259, respectively 104,177 104,091
Unbilled revenues on contracts in progress 73,087 77,713
Prepaid expenses and other 8,783 8,951
Prepaid income taxes 7,013 7,149
Total current assets 260,115 246,277
Property, Plant and Equipment, net 17,346 20,903
Goodwill 81,598 81,598
Other intangible assets, net 15,174 22,907
Deferred income tax asset 1,389 1,389
Other long-term assets 6,743 6,800
Total assets 382,365 379,874
Current Liabilities    
Accounts payable 39,517 44,434
Accrued employee compensation 27,941 25,786
Accrued insurance 10,459 10,580
Billings in excess of revenues on contracts in progress 24,588 24,064
Deferred income tax liability 13,659 13,659
Income taxes payable 224 1,113
Other accrued expenses 10,858 12,905
Total current liabilities 127,246 132,541
Long-term Liabilities    
Deferred income tax liability 16,216 16,823
Other long-term liabilities 10,827 9,881
Total liabilities 154,289 159,245
Shareholders' Investment    
Common Stock, par value $1, authorized 44,000,000 shares, issued 10,159,498 and 10,066,789, respectively 10,159 10,067
Additional paid-in capital 68,600 66,218
Retained earnings 153,730 148,605
Accumulated other comprehensive loss   (90)
Less - 512,818 and 501,207 shares of Common Stock in treasury, at cost, respectively (5,160) (4,888)
Total Michael Baker Corporation shareholders' investment 227,329 219,912
Noncontrolling interests 747 717
Total shareholders' investment 228,076 220,629
Total liabilities and shareholders' investment $ 382,365 $ 379,874