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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 27,951 $ 40,923
Investments 1,543 1,680
Trade accounts receivable, net 91,852 110,464
Due from related parties 7,996 8,500
Inventories 88,452 71,656
Unbilled receivables on uncompleted contracts 9,996
Contract assets - current portion 45,836
Other current assets 21,429 18,679
Total current assets 285,059 261,898
Long term assets:    
Property, plant and equipment, net 163,467 168,701
Deferred income taxes 95 103
Contract assets - non-current 5,531
Intangible Assets 9,886 11,517
Goodwill 23,561 23,130
Other long term assets 2,975 2,651
Total long term assets 205,515 206,102
Total assets 490,574 468,000
Current liabilities:    
Short-term debt and current portion of long-term debt 16,069 3,260
Trade accounts payable and accrued expenses 62,519 55,182
Accrued interest expense 3,017 7,392
Due to related parties 1,018 975
Payable associated to GM&P acquisition 29,000
Dividends payable 758 585
Current portion of customer advances on uncompleted contracts 11,429
Contract liability - current portion 17,915
Other current liabilities 8,936 13,626
Total current liabilities 110,232 121,449
Long term liabilities:    
Deferred income taxes 2,910 2,317
Long Term Payable associated to GM&P acquisition 8,500
Customer advances on uncompleted contracts 1,571
Contract liability - non-current 1,750
Long term debt 219,920 220,998
Total Long Term Liabilities 233,080 224,886
Total liabilities 343,312 346,335
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Preferred shares, $0.0001 par value, 1,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2018 and December 31, 2017 respectively
Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 37,534,416 and 34,836,575 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 4 3
Legal Reserves 1,367 1,367
Additional paid-in capital 152,919 125,317
Retained earnings 20,071 22,212
Accumulated other comprehensive (loss) (28,087) (28,651)
Shareholders' equity attributable to controlling interest 146,274 120,248
Shareholders' equity attributable to non-controlling interest 988 1,417
Total shareholders' equity 147,262 121,665
Total liabilities and shareholders' equity $ 490,574 $ 468,000