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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 7,507 $ 5,343
Accounts receivable, net of allowances of $1,331 and $605, respectively 288,427 240,276
Contract assets 160,281 120,992
Current portion of receivable for insurance claims in excess of deductibles 10,572 4,221
Refundable income taxes 0 391
Other current assets 8,847 8,513
Total current assets 475,634 379,736
Property and equipment, net of accumulated depreciation of $253,495 and $231,391, respectively 161,892 148,084
Goodwill 56,588 46,994
Intangible assets, net of accumulated amortization of $7,031 and $5,183, respectively 33,266 10,852
Receivable for insurance claims in excess of deductibles 17,173 14,295
Investment in joint venture 1,324 168
Other assets 2,878 3,659
Total assets 748,755 603,788
Current liabilities    
Current portion of long-term debt 3,681 0
Current portion of capital lease obligations 1,119 1,086
Accounts payable 139,480 110,383
Contract liabilities 58,534 30,224
Current portion of accrued self-insurance 19,633 13,138
Other current liabilities 61,358 33,733
Total current liabilities 283,805 188,564
Deferred income tax liabilities 17,398 13,452
Long-term debt 86,111 78,960
Accrued self-insurance 34,406 32,225
Capital lease obligations, net of current maturities 1,514 2,629
Other liabilities 1,057 919
Total liabilities 424,291 316,749
Commitments and contingencies
Stockholders' equity    
Preferred stock – $0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at December 31, 2018 and December 31, 2017 0 0
Common stock – $0.01 par value per share; 100,000,000 authorized shares; 16,564,961 and 16,464,757 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively 165 163
Additional paid-in capital 148,276 143,934
Accumulated other comprehensive income (loss) (193) (299)
Retained earnings 174,736 143,241
Total stockholders' equity attributable to MYR Group Inc. 322,984 287,039
Noncontrolling interest 1,480 0
Total stockholders' equity 324,464 287,039
Total liabilities and stockholders' equity $ 748,755 $ 603,788