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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 42,066 $ 6,546
Accounts receivable—net 43,036 44,890
Contract revenues in excess of billings 43,206 65,922
Inventories 32,068 29,229
Prepaid expenses and other current assets 29,982 36,254
Total current assets 190,358 182,841
PROPERTY AND EQUIPMENT—Net 570,178 543,910
OPERATING LEASE ASSETS 79,112 89,733
GOODWILL 76,576 76,576
INVENTORIES—Noncurrent 82,546 80,044
OTHER 8,826 8,676
TOTAL 1,007,596 981,780
LIABILITIES AND EQUITY    
Accounts payable 65,210 94,077
Accrued expenses 25,815 29,469
Operating lease liabilities 26,340 26,873
Billings in excess of contract revenues 23,966 9,914
Total current liabilities 141,331 160,333
LONG-TERM DEBT 321,795 321,521
REVOLVING CREDIT FACILITY 55,000  
OPERATING LEASE LIABILITIES—Noncurrent 54,365 65,010
DEFERRED INCOME TAXES 58,974 59,115
OTHER 7,609 7,581
Total liabilities 639,074 613,560
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:    
Common stock - $.0001 par value; 90,000 authorized, 66,492 and 66,188 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively. 7 6
Additional paid-in capital 314,321 312,091
Retained earnings 54,816 56,314
Accumulated other comprehensive loss (622) (191)
Total equity 368,522 368,220
TOTAL $ 1,007,596 $ 981,780