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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 20,589 $ 11,332
Reconciliation of net income to net cash provided by operating activities:    
Depreciation 2,316 2,208
Amortization of intangibles and fixed assets 6,818 5,330
Amortization of debt issuance costs 965 895
Gain on sale of property and equipment (325) 0
Recovery of credit losses (1,322) (1,200)
Payment of contingent consideration liability in excess of acquisition-date fair value 0 (17)
Fair value adjustment on contingent consideration 183 (194)
Restricted stock compensation expense 1,317 864
Deferred income taxes 3,943 (3,056)
Other non-cash items (6,100) (1,246)
Changes in operating assets and liabilities, net of effects of businesses acquired:    
Accounts receivable (13,202) 8,993
Costs and estimated profits in excess of billings 2,893 7,052
Inventories (3,525) 754
Prepaid expenses and other assets (2,369) (2,667)
Accounts payable 6,505 (6,811)
Accrued expenses (3,569) (892)
Billings in excess of costs and estimated profits 6,764 (1,301)
Income taxes (18,908) 6,945
Net cash provided by operating activities 2,973 26,989
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (19,914) (2,894)
Proceeds from the sale of property and equipment 2,699 0
Acquisition of businesses, net of cash acquired (12,850) (39,261)
Net cash used in investing activities (30,065) (42,155)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal debt payments (1,624) (1,375)
Debt issuance costs (125) 0
Shares repurchased held in treasury 0 (14,815)
Payment for acquisition contingent consideration liability (3,820) (983)
Preferred stock dividends paid (23) (23)
Payment for employee taxes withheld from stock awards (126) (54)
Principal payments on finance leases (1,365) (896)
Net cash used in financing activities (7,083) (18,146)
Effect of foreign currency on cash 47 (111)
Net change in cash and restricted cash (34,128) (33,423)
Cash and restricted cash at beginning of period 148,411 173,211
Cash and restricted cash at end of period $ 114,283 $ 139,788