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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Jun. 30, 2014
Current assets:    
Cash and cash equivalents $ 72,754 $ 77,115
Accounts receivable, less allowances (September 30, 2014— $585 and June 30, 2014—$204) 175,506 204,692
Costs and estimated earnings in excess of billings on uncompleted contracts 89,819 73,008
Deferred income taxes 6,953 5,994
Inventories 3,006 3,045
Income taxes receivable 143 2,797
Other current assets 7,642 8,897
Total current assets 355,823 375,548
Property, plant and equipment at cost:    
Land and buildings 31,813 31,737
Construction equipment 84,886 82,745
Transportation equipment 44,199 42,087
Office equipment and software 26,208 26,026
Construction in progress 7,948 9,892
Property, plant and equipment at cost, gross 195,054 192,487
Accumulated depreciation (106,408) (103,315)
Property, plant and equipment at cost, net 88,646 89,172
Goodwill 72,065 69,837
Other intangible assets 28,158 28,676
Other assets 3,622 5,699
Total assets 548,314 568,932
Current liabilities:    
Accounts payable 95,231 111,863
Billings on uncompleted contracts in excess of costs and estimated earnings 103,708 108,440
Accrued wages and benefits 30,006 36,226
Accrued insurance 8,761 8,605
Income taxes payable 4,620 0
Other accrued expenses 3,705 4,727
Total current liabilities 246,031 269,861
Deferred income taxes 4,300 5,167
Borrowings under senior credit facility 11,344 11,621
Total liabilities 261,675 286,649
Commitments and contingencies      
Matrix Service Company stockholders' equity:    
Common stock—$.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of September 30, 2014, and June 30, 2014 279 279
Additional paid-in capital 120,129 119,777
Retained earnings 183,151 177,237
Accumulated other comprehensive loss (1,952) (182)
Matrix Service Company stockholders' equity 301,607 297,111
Less: Treasury stock, at cost— 1,372,446 shares as of September 30, 2014, and 1,453,770 shares as of June 30, 2014 (15,492) (16,595)
Total Matrix Service Company stockholders’ equity 286,115 280,516
Noncontrolling interest 524 1,767
Total stockholders' equity 286,639 282,283
Total liabilities and stockholders’ equity $ 548,314 $ 568,932