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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Jun. 30, 2012
Current assets:    
Cash and cash equivalents $ 18,136 $ 16,561
Accounts receivable, less allowance for doubtful accounts 109,320 95,215
Insurance recoverable - environmental remediation 26,305 25,744
Restricted investments 5,582 4,413
Deferred income tax assets 12,518 512
Income taxes refundable 1,444 958
Prepaid expenses and other current assets 12,045 10,607
Total current assets 185,350 154,010
Property and equipment    
Land and building 480 480
Equipment, furniture and fixtures 51,104 47,819
Leasehold improvements 5,421 5,053
Property and equipment, gross 57,005 53,352
Less accumulated depreciation and amortization (43,171) (39,621)
Property and equipment, net 13,834 13,731
Goodwill 28,797 24,888
Investments in and advances to unconsolidated affiliates and construction joint ventures 113 109
Long-term deferred income tax assets 6,601 0
Long-term restricted investments 27,580 35,265
Long-term prepaid insurance 31,497 34,272
Other assets 13,992 12,853
Total assets 307,764 275,128
Current liabilities:    
Current portion of long-term debt 4,745 1,315
Current portion of capital lease obligations 568 267
Accounts payable 32,238 30,712
Accrued compensation and benefits 34,040 36,292
Deferred revenue 20,094 18,236
Environmental remediation liabilities 291 422
Other accrued liabilities 31,737 30,315
Total current liabilities 123,713 117,559
Non-current liabilities:    
Long-term debt, net of current portion 568 3,860
Capital lease obligations, net of current portion 789 462
Income taxes payable and deferred income tax liabilities 310 622
Deferred revenue 68,514 79,104
Environmental remediation liabilities 6,973 5,473
Total liabilities 200,867 207,080
Commitments and contingencies      
Equity:    
Common stock, $.10 par value; 40,000,000 shares authorized, 29,053,301 and 29,049,819 shares issued and outstanding, respectively, at June 30, 2013, and 28,130,702 and 28,127,220 shares issued and outstanding, respectively, at June 30, 2012 2,905 2,813
Additional paid-in capital 181,874 179,402
Accumulated deficit (77,405) (113,680)
Accumulated other comprehensive loss (109) (184)
Treasury stock, at cost (33) (33)
Total shareholders' equity applicable to TRC Companies, Inc. 107,232 68,318
Noncontrolling interest (335) (270)
Total equity 106,897 68,048
Total liabilities and equity $ 307,764 $ 275,128