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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 28,963 $ 43,676
Restricted cash 1,276 762
Accounts receivable, net 58,091 53,225
Costs and estimated earnings in excess of billings on uncompleted contracts 34,409 29,694
Inventories, net 19,659 20,817
Prepaid expenses and other current assets 12,879 10,117
Prepaid income taxes 2,419 1,388
Assets held for sale 589 1,186
Total current assets 158,285 160,865
Property, plant and equipment, net 13,857 22,200
Right-of-use assets from operating leases 13,810  
Goodwill 151,969 152,156
Intangible assets – finite life, net 33,252 35,959
Intangible assets – indefinite life 14,280 18,258
Deferred charges and other assets 4,187 3,144
Total assets 389,640 392,582
Current liabilities:    
Current portion of debt 2,500  
Accounts payable and accrued expenses 78,264 80,229
Billings in excess of costs and estimated earnings on uncompleted contracts 23,013 20,144
Note payable   1,700
Income taxes payable   1,813
Total current liabilities 103,777 103,886
Other liabilities 18,649 26,925
Debt, less current portion 64,995 74,456
Deferred income tax liability, net 6,717 8,755
Operating lease liabilities (Note 12) 11,328  
Total liabilities 205,466 214,022
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $.01 par value; 10,000 shares authorized, none issued
Common stock, $.01 par value; 100,000,000 shares authorized, 35,243,663 and 34,953,825 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 353 349
Capital in excess of par value 253,757 251,409
Accumulated loss (54,736) (59,427)
Accumulated other comprehensive loss (14,844) (13,415)
Stockholders' equity before treasury stock 184,530 178,916
Less treasury stock, at cost, 137,920 shares at September 30, 2019 and December 31, 2018 (356) (356)
Total shareholders’ equity 184,174 178,560
Total liabilities and shareholders' equity $ 389,640 $ 392,582