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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 28,828 $ 43,676
Restricted cash 1,127 762
Accounts receivable, net 60,037 53,225
Costs and estimated earnings in excess of billings on uncompleted contracts 32,205 29,694
Inventories, net 22,376 20,817
Prepaid expenses and other current assets 12,754 10,117
Prepaid income taxes 2,005 1,388
Assets held for sale 1,182 1,186
Total current assets 160,514 160,865
Property, plant and equipment, net 11,858 22,200
Right-of-use assets from operating leases 13,056  
Goodwill 152,199 152,156
Intangible assets – finite life, net 35,527 35,959
Intangible assets – indefinite life 14,342 18,258
Deferred charges and other assets 4,230 3,144
Total assets 391,726 392,582
Current liabilities:    
Current portion of debt 2,500  
Accounts payable and accrued expenses 75,084 80,229
Billings in excess of costs and estimated earnings on uncompleted contracts 22,015 20,144
Note payable   1,700
Income taxes payable   1,813
Total current liabilities 99,599 103,886
Other liabilities 19,343 26,925
Debt, less current portion 72,539 74,456
Deferred income tax liability, net 6,976 8,755
Operating lease liabilities (Note 12) 10,700  
Total liabilities 209,157 214,022
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, 35,180,060 and 34,953,825 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 352 349
Capital in excess of par value 252,916 251,409
Accumulated loss (56,668) (59,427)
Accumulated other comprehensive loss (13,675) (13,415)
Stockholders' equity before treasury stock 182,925 178,916
Less treasury stock, at cost, 137,920 shares at June 30, 2019 and December 31, 2018 (356) (356)
Total shareholders’ equity 182,569 178,560
Total liabilities and shareholders' equity $ 391,726 $ 392,582