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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 12,397 $ 7,507
Accounts receivable, net of allowances of $3,364 and $1,331, respectively 388,479 288,427
Contract assets 217,109 160,281
Current portion of receivable for insurance claims in excess of deductibles 6,415 10,572
Refundable income taxes 1,973 0
Other current assets 12,811 8,847
Total current assets 639,184 475,634
Property and equipment, net of accumulated depreciation of $272,865 and $253,495, respectively 185,344 161,892
Operating lease right-of-use assets 22,958 0
Goodwill 66,060 56,588
Intangible assets, net of accumulated amortization of $10,880 and $7,031, respectively 54,940 33,266
Receivable for insurance claims in excess of deductibles 30,976 17,173
Investment in joint venture 4,722 1,324
Other assets 3,687 2,878
Total assets 1,007,871 748,755
Current liabilities    
Current portion of long-term debt 8,737 3,681
Current portion of operating lease obligations 6,205 0
Current portion of finance lease obligations 1,135 1,119
Accounts payable 192,107 139,480
Contract liabilities 105,486 58,534
Current portion of accrued self-insurance 18,780 19,633
Other current liabilities 64,364 61,358
Total current liabilities 396,814 283,805
Deferred income tax liabilities 20,945 17,398
Long-term debt 157,087 86,111
Accrued self-insurance 48,024 34,406
Operating lease obligations, net of current maturities 16,884 0
Finance lease obligations, net of current maturities 338 1,514
Other liabilities 3,304 1,057
Total liabilities 643,396 424,291
Commitments and contingencies
Stockholders' equity    
Preferred stock-$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at December 31, 2019 and December 31,2018 0 0
Common stock-$0.01 par value per share; 100,000,000 authorized shares; 16,648,616 and 16,564,961 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 166 165
Additional paid-in capital 152,532 148,276
Accumulated other comprehensive loss (446) (193)
Retained earnings 212,219 174,736
Total stockholders' equity attributable to MYR Group Inc. 364,471 322,984
Noncontrolling interest 4 1,480
Total stockholders' equity 364,475 324,464
Total liabilities and stockholders' equity $ 1,007,871 $ 748,755