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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 22,802 $ 22,841
Accounts receivable—net 40,482 54,810
Contract revenues in excess of billings 68,761 68,735
Inventories 32,038 33,912
Prepaid expenses 2,025 1,486
Other current assets 45,070 44,544
Total current assets 211,178 226,328
PROPERTY AND EQUIPMENT—Net 613,116 614,608
OPERATING LEASE ASSETS 81,633 88,398
GOODWILL 76,576 76,576
INVENTORIES—Noncurrent 89,746 86,325
OTHER 22,839 18,605
TOTAL 1,095,088 1,110,840
LIABILITIES AND EQUITY    
Accounts payable 89,601 83,835
Accrued expenses 32,484 37,361
Operating lease liabilities 28,348 28,687
Billings in excess of contract revenues 18,066 29,560
Total current liabilities 168,499 179,443
LONG-TERM DEBT 382,207 412,070
OPERATING LEASE LIABILITIES—Noncurrent 54,835 61,444
DEFERRED INCOME TAXES 69,657 62,232
OTHER 10,850 10,103
Total liabilities 686,048 725,292
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:    
Common stock-$.0001 par value; 90,000 authorized, 66,941 and 66,623 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively. 6 6
Additional paid-in capital 318,517 317,337
Retained earnings 91,244 70,220
Accumulated other comprehensive loss (727) (2,015)
Total equity 409,040 385,548
TOTAL $ 1,095,088 $ 1,110,840