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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 12,671 $ 10,216
Accounts receivable—net 109,321 118,030
Contract revenues in excess of billings 50,340 74,197
Inventories 27,045 29,866
Prepaid expenses 2,284 2,828
Other current assets 28,183 28,281
Total current assets 229,844 263,418
PROPERTY AND EQUIPMENT—Net 781,039 703,252
OPERATING LEASE ASSETS 67,137 96,099
GOODWILL 76,576 76,576
INVENTORIES—Noncurrent 100,295 95,269
OTHER 12,848 20,489
TOTAL 1,267,739 1,255,103
LIABILITIES AND EQUITY    
Accounts payable 89,505 101,309
Accrued expenses 40,455 41,640
Operating lease liabilities 24,729 47,268
Billings in excess of contract revenues 36,989 25,796
Total current liabilities 191,678 216,013
LONG-TERM DEBT 415,321 448,216
OPERATING LEASE LIABILITIES—Noncurrent 44,705 50,432
DEFERRED INCOME TAXES 98,738 78,985
OTHER 15,185 12,547
Total liabilities 765,627 806,193
COMMITMENTS AND CONTINGENCIES (Note 9)
EQUITY:    
Common stock-$.0001 par value; 170,000 shares authorized, 67,999 and 67,280 shares issued at September 30, 2025 and December 31, 2024, respectively, and 66,687 and 67,280 shares outstanding at September 30, 2025 and December 31, 2024, respectively. 7 7
Treasury stock; 1,312 and zero shares at September 30, 2025 and December 31, 2024, respectively. (11,594)  
Additional paid-in capital 325,501 322,383
Accumulated retained earnings 188,320 127,485
Accumulated other comprehensive loss (122) (965)
Total equity 502,112 448,910
TOTAL $ 1,267,739 $ 1,255,103