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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Contract revenues $ 269,861 $ 248,473 $ 790,497 $ 692,988
Contract costs 241,241 215,749 700,767 602,656
Gross profit 28,620 32,724 89,730 90,332
Selling, general and administrative expenses 18,974 19,282 56,513 54,267
Amortization of intangible assets 84 83 251 250
Gain on sale of property and equipment (357) (48) (1,574) (119)
Income from operations 9,919 13,407 34,540 35,934
Other income (expense)        
Interest income 8 57 23 90
Interest expense (180) (179) (546) (534)
Other, net 438 2 349 164
Income before provision for income taxes 10,185 13,287 34,366 35,654
Income tax expense 4,010 4,883 12,945 13,237
Net income $ 6,175 $ 8,404 $ 21,421 $ 22,417
Income per common share:        
— Basic (in dollars per share) $ 0.30 $ 0.40 $ 1.03 $ 1.06
— Diluted (in dollars per share) $ 0.29 $ 0.39 $ 1.01 $ 1.03
Weighted average number of common shares and potential common shares outstanding:        
— Basic (in shares) 20,788 20,988 20,662 21,040
— Diluted (in shares) 21,214 21,521 21,113 21,536
Net income $ 6,175 $ 8,404 $ 21,421 $ 22,417
Other comprehensive income:        
Foreign currency translation adjustment 50 0 69 0
Other comprehensive income 50 0 69 0
Total comprehensive income $ 6,225 $ 8,404 $ 21,490 $ 22,417