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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 9,145 $ 7,507
Accounts receivable, net of allowances of $4,773 and $1,331, respectively 375,599 288,427
Contract assets 238,492 160,281
Current portion of receivable for insurance claims in excess of deductibles 8,739 10,572
Other current assets 7,440 8,847
Total current assets 639,415 475,634
Property and equipment, net of accumulated depreciation of $268,541 and $253,495, respectively 178,432 161,892
Operating lease right-of-use assets 22,968 0
Goodwill 65,557 56,588
Intangible assets, net of accumulated amortization of $9,919 and $7,031, respectively 56,393 33,266
Receivable for insurance claims in excess of deductibles 17,380 17,173
Investment in joint ventures 4,180 1,324
Other assets 3,688 2,878
Total assets 988,013 748,755
Current liabilities:    
Current portion of long-term debt 6,552 3,681
Current portion of operating lease obligations 6,068 0
Current portion of finance lease obligations 1,144 1,119
Accounts payable 206,879 139,480
Contract liabilities 77,293 58,534
Current portion of accrued self-insurance 19,236 19,633
Other current liabilities 76,349 61,358
Total current liabilities 393,521 283,805
Deferred income tax liabilities 17,694 17,398
Long-term debt 171,638 86,111
Accrued self-insurance 34,451 34,406
Operating lease obligations, net of current maturities 17,084 0
Finance lease obligations, net of current maturities 633 1,514
Other liabilities 2,420 1,057
Total liabilities 637,441 424,291
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, 2019 and December 31, 2018 0 0
Common stock-$0.01 par value per share; 100,000,000 authorized shares; 16,646,992 and 16,564,961 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 166 165
Additional paid-in capital 151,350 148,276
Accumulated other comprehensive loss (392) (193)
Retained earnings 199,444 174,736
Total stockholders' equity attributable to MYR Group Inc. 350,568 322,984
Noncontrolling interest 4 1,480
Total stockholders' equity 350,572 324,464
Total liabilities and stockholders' equity $ 988,013 $ 748,755