XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 368,894us-gaap_CashAndCashEquivalentsAtCarryingValue $ 432,056us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 1,230,581us-gaap_AccountsReceivableNetCurrent 1,234,187us-gaap_AccountsReceivableNetCurrent
Costs and estimated earnings in excess of billings on uncompleted contracts 119,139us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms 103,201us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
Inventories 46,346us-gaap_InventoryWorkInProcessAndRawMaterialsNetOfReserves 46,854us-gaap_InventoryWorkInProcessAndRawMaterialsNetOfReserves
Prepaid expenses and other 62,333us-gaap_PrepaidExpenseAndOtherAssetsCurrent 70,305us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 1,827,293us-gaap_AssetsCurrent 1,886,603us-gaap_AssetsCurrent
Investments, notes and other long-term receivables 6,029us-gaap_LongTermInvestmentsAndReceivablesNet 9,122us-gaap_LongTermInvestmentsAndReceivablesNet
Property, plant and equipment, net 118,274us-gaap_PropertyPlantAndEquipmentNet 122,178us-gaap_PropertyPlantAndEquipmentNet
Goodwill 834,102us-gaap_Goodwill 834,102us-gaap_Goodwill
Identifiable intangible assets, net 492,599us-gaap_IntangibleAssetsNetExcludingGoodwill 502,060us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 37,285us-gaap_OtherAssetsNoncurrent 34,902us-gaap_OtherAssetsNoncurrent
Total assets 3,315,582us-gaap_Assets 3,388,967us-gaap_Assets
Current liabilities:    
Borrowings under revolving credit facility 0us-gaap_LinesOfCreditCurrent 0us-gaap_LinesOfCreditCurrent
Current maturities of long-term debt and capital lease obligations 18,680eme_CurrentMaturitiesOfLongTermDebtAndCapitalLeaseObligations 19,041eme_CurrentMaturitiesOfLongTermDebtAndCapitalLeaseObligations
Accounts payable 410,566us-gaap_AccountsPayableCurrent 460,478us-gaap_AccountsPayableCurrent
Billings in excess of costs and estimated earnings on uncompleted contracts 368,766us-gaap_BillingsInExcessOfCost 368,555us-gaap_BillingsInExcessOfCost
Accrued payroll and benefits 217,454us-gaap_EmployeeRelatedLiabilitiesCurrent 245,854us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued expenses and liabilities 197,412us-gaap_OtherLiabilitiesCurrent 189,489us-gaap_OtherLiabilitiesCurrent
Total current liabilities 1,212,878us-gaap_LiabilitiesCurrent 1,283,417us-gaap_LiabilitiesCurrent
Long-term debt and capital lease obligations 311,302eme_LongTermDebtAndCapitalLeaseObligationsNonCurrent 316,399eme_LongTermDebtAndCapitalLeaseObligationsNonCurrent
Other long-term obligations 357,928us-gaap_OtherLiabilitiesNoncurrent 359,764us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,882,108us-gaap_Liabilities 1,959,580us-gaap_Liabilities
EMCOR Group, Inc. stockholders' equity:    
Preferred stock, $0.01 par value, 1,000,000 shares authorized, zero issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $0.01 par value, 200,000,000 shares authorized, 63,341,728 and 63,641,070 shares issued, respectively 633us-gaap_CommonStockValue 636us-gaap_CommonStockValue
Capital surplus 211,140us-gaap_AdditionalPaidInCapitalCommonStock 227,885us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive loss (82,474)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (83,197)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained earnings 1,308,742us-gaap_RetainedEarningsAccumulatedDeficit 1,280,991us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock, at cost 659,841 and 659,841 shares, respectively (10,302)us-gaap_TreasuryStockValue (10,302)us-gaap_TreasuryStockValue
Total EMCOR Group, Inc. stockholders' equity 1,427,739us-gaap_StockholdersEquity 1,416,013us-gaap_StockholdersEquity
Noncontrolling interests 5,735us-gaap_MinorityInterest 13,374us-gaap_MinorityInterest
Total equity 1,433,474us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,429,387us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 3,315,582us-gaap_LiabilitiesAndStockholdersEquity $ 3,388,967us-gaap_LiabilitiesAndStockholdersEquity