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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 28,167 $ 43,676
Restricted cash 738 762
Accounts receivable, net 72,963 53,225
Costs and estimated earnings in excess of billings on uncompleted contracts 31,701 29,694
Inventories, net 19,780 20,817
Prepaid expenses and other current assets 10,439 10,117
Prepaid income taxes   1,388
Assets held for sale 1,170 1,186
Total current assets 164,958 160,865
Property, plant and equipment, net 11,650 22,200
Right-of-use assets from operating leases 13,260  
Goodwill 152,066 152,156
Intangible assets – finite life, net 37,633 35,959
Intangible assets – indefinite life 14,314 18,258
Deferred charges and other assets 2,788 3,144
Total assets 396,669 392,582
Current liabilities:    
Accounts payable and accrued expenses 79,201 80,229
Billings in excess of costs and estimated earnings on uncompleted contracts 23,596 20,144
Note payable   1,700
Income taxes payable 1,137 1,813
Total current liabilities 103,934 103,886
Other liabilities 22,572 26,925
Debt 74,725 74,456
Deferred income tax liability, net 7,226 8,755
Operating lease liabilities (Note 12) 10,822  
Total liabilities 219,279 214,022
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $.01 par value; 10,000 shares authorized, none issued
Common stock, $.01 par value; 100,000,000 shares authorized, 34,979,895 and 34,953,825 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 349 349
Capital in excess of par value 252,199 251,409
Accumulated loss (62,165) (59,427)
Accumulated other comprehensive loss (12,637) (13,415)
Stockholders' equity before treasury stock 177,746 178,916
Less treasury stock, at cost, 137,920 shares at March 31, 2019 and December 31, 2018 (356) (356)
Total shareholders’ equity 177,390 178,560
Total liabilities and shareholders' equity $ 396,669 $ 392,582