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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 300 $ 5,343
Accounts receivable, net of allowances of $564 and $605, respectively 291,583 283,008
Costs and estimated earnings in excess of billings on uncompleted contracts 124,057 78,260
Current portion of receivable for insurance claims in excess of deductibles 5,421 4,221
Refundable income taxes, net 0 391
Other current assets 5,684 8,513
Total current assets 427,045 379,736
Property and equipment, net of accumulated depreciation of $248,339 and $231,391, respectively 161,925 148,084
Goodwill 71,099 46,994
Intangible assets, net of accumulated amortization of $6,166 and $5,183, respectively 19,659 10,852
Receivable for insurance claims in excess of deductibles 16,861 14,295
Investment in joint ventures 1,837 168
Other assets 3,275 3,659
Total assets 701,701 603,788
Current liabilities:    
Current portion of long-term debt 2,941 0
Current portion of capital lease obligations 1,110 1,086
Accounts payable 123,980 110,383
Billings in excess of costs and estimated earnings on uncompleted contracts 46,186 28,919
Current portion of accrued self-insurance 14,816 13,138
Income taxes payable, net 3,243 0
Other current liabilities 60,028 35,038
Total current liabilities 252,304 188,564
Deferred income tax liabilities 13,817 13,452
Long-term debt 86,373 78,960
Accrued self-insurance 34,203 32,225
Capital lease obligations, net of current maturities 1,796 2,629
Other liabilities 462 919
Total liabilities 388,955 316,749
Commitments and contingencies
Stockholders' equity:    
Preferred stock—$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at September 30, 2018 and December 31, 2017 0 0
Common stock—$0.01 par value per share; 100,000,000 authorized shares; 16,564,057 and 16,464,757 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 165 163
Additional paid-in capital 147,543 143,934
Accumulated other comprehensive loss (322) (299)
Retained earnings 164,085 143,241
MYR Group Inc. share of equity 311,471 287,039
Noncontrolling interest 1,275 0
Total stockholders' equity 312,746 287,039
Total liabilities and stockholders' equity $ 701,701 $ 603,788