XML 67 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 50,788 $ 45,620
Billed accounts receivable, less allowance for doubtful accounts of $6,907 and $5,898, respectively 619,037 481,366
Unbilled accounts receivable 55,542 37,180
Other receivables 37,632 16,361
Inventories 10,053 12,416
Prepaid expenses and other 14,396 6,544
Costs and estimated earnings in excess of billings 2,736 10,213
Total current assets 790,184 609,700
PROPERTY AND EQUIPMENT, NET 109,796 99,618
LEASE RIGHT-OF-USE ASSET 84,073  
GOODWILL 332,447 235,182
IDENTIFIABLE INTANGIBLE ASSETS, NET 159,974 95,275
DEFERRED TAX ASSETS 21,923 17,634
OTHER NONCURRENT ASSETS 6,615 5,155
Total assets 1,505,012 1,062,564
CURRENT LIABILITIES:    
Current maturities of long-term debt 20,817 3,279
Accounts payable 196,195 176,167
Accrued compensation and benefits 102,891 87,388
Billings in excess of costs and estimated earnings 166,918 130,986
Accrued self-insurance 39,546 36,386
Other current liabilities 81,630 32,852
Total current liabilities 607,997 467,058
LONG-TERM DEBT, NET 205,318 73,639
LEASE LIABILITIES 72,697  
DEFERRED TAX LIABILITIES 1,425 1,387
OTHER LONG-TERM LIABILITIES 32,271 22,433
Total liabilities 919,708 564,517
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $.01 par, 5,000,000 shares authorized, none issued and outstanding
Common stock, $.01 par, 102,969,912 shares authorized, 41,123,365 and 41,123,365 shares issued, respectively 411 411
Treasury stock, at cost, 4,465,448 and 4,229,653 shares, respectively (103,960) (87,747)
Additional paid-in capital 320,168 316,479
Retained earnings 368,685 268,904
Total stockholders' equity 585,304 498,047
Total liabilities and stockholders' equity $ 1,505,012 $ 1,062,564