XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Contract revenues $ 261,934 $ 276,488 $ 515,568 $ 520,636
Contract costs 230,499 244,752 456,852 459,526
Gross profit 31,435 31,736 58,716 61,110
Selling, general and administrative expenses 22,517 18,947 46,376 37,539
Amortization of intangible assets 292 84 503 167
Gain on sale of property and equipment (516) (319) (612) (1,217)
Income from operations 9,142 13,024 12,449 24,621
Other income (expense)        
Interest income 1 8 5 15
Interest expense (242) (187) (425) (366)
Other, net (52) (31) 56 (89)
Income before provision for income taxes 8,849 12,814 12,085 24,181
Income tax expense 3,349 4,740 4,598 8,935
Net income $ 5,500 $ 8,074 $ 7,487 $ 15,246
Income per common share:        
- Basic (in dollars per share) $ 0.32 $ 0.39 $ 0.41 $ 0.73
- Diluted (in dollars per share) $ 0.31 $ 0.38 $ 0.40 $ 0.72
Weighted average number of common shares and potential common shares outstanding:        
- Basic (in shares) 17,354 20,760 18,336 20,662
- Diluted (in shares) 17,679 21,215 18,638 21,135
Net income $ 5,500 $ 8,074 $ 7,487 $ 15,246
Other comprehensive income (loss):        
Foreign currency translation adjustment 32 (8) (84) 19
Other comprehensive income (loss) 32 (8) (84) 19
Total comprehensive income $ 5,532 $ 8,066 $ 7,403 $ 15,265