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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 22,841 $ 6,546
Accounts receivable—net 54,810 44,890
Contract revenues in excess of billings 68,735 65,922
Inventories 33,912 29,229
Prepaid expenses 1,486 1,568
Other current assets 44,544 34,686
Total current assets 226,328 182,841
PROPERTY AND EQUIPMENT—Net 614,608 543,910
OPERATING LEASE ASSETS 88,398 89,733
GOODWILL 76,576 76,576
INVENTORIES—Noncurrent 86,325 80,044
OTHER 18,605 8,676
TOTAL 1,110,840 981,780
LIABILITIES AND EQUITY    
Accounts payable 83,835 94,077
Accrued expenses 37,361 29,469
Operating lease liabilities 28,687 26,873
Billings in excess of contract revenues 29,560 9,914
Total current liabilities 179,443 160,333
LONG-TERM DEBT 412,070 321,521
OPERATING LEASE LIABILITIES—Noncurrent 61,444 65,010
DEFERRED INCOME TAXES 62,232 59,115
OTHER 10,103 7,581
Total liabilities 725,292 613,560
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:    
Common stock-$.0001 par value; 90,000 authorized, 66,623 and 66,188 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively. 6 6
Additional paid-in capital 317,337 312,091
Accumulated retained earnings 70,220 56,314
Accumulated other comprehensive loss (2,015) (191)
Total equity 385,548 368,220
TOTAL $ 1,110,840 $ 981,780