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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:        
Net income $ 3,717 $ 3,353 $ 8,217 $ 6,133
Adjustments to reconcile net income to net cash flows provided by operating activities -        
Depreciation and amortization of property and equipment 4,567 3,809 8,814 7,749
Amortization of intangible assets 83 83 167 167
Stock-based compensation expense 606 392 954 816
Excess tax benefit from stock-based awards (275) (132) (444) (148)
Deferred income taxes 46   46  
Gain on sale of property and equipment (229) (256) (300) (446)
Other non-cash items 17 21 61 42
Changes in operating assets and liabilities        
Accounts receivable, net (7,886) (5,779) 7,430 8,522
Costs and estimated earnings in excess of billings on uncompleted contracts (19,069) 2,081 (25,180) 928
Receivable for insurance claims in excess of deductibles (786) 57 (749) (313)
Other assets (1,674) 1,364 1,567 1,905
Accounts payable 22,273 4,059 16,417 (5,485)
Billings in excess of costs and estimated earnings on uncompleted contracts (872) 5,102 (3,552) (1,887)
Accrued self insurance 913 676 1,002 971
Other liabilities (983) (2,060) (208) (5,551)
Net cash flows provided by operating activities 448 12,770 14,242 13,403
Cash flows from investing activities:        
Proceeds from sale of property and equipment 229 281 300 471
Purchases of property and equipment (10,601) (5,750) (22,824) (7,132)
Net cash flows used in investing activities (10,372) (5,469) (22,524) (6,661)
Cash flows from financing activities:        
Payments on term loan     (20,000)  
Payments of capital lease obligations   (16)   (32)
Employee stock option transactions 300 403 659 506
Excess tax benefit from stock-based awards 275 132 444 148
Purchase of Treasury stock     (80)  
Other financing activities 45   45  
Net cash flows provided by (used in) financing activities 620 519 (18,932) 622
Net increase (decrease) in cash and cash equivalents (9,304) 7,820 (27,214) 7,364
Cash and cash equivalents:        
Beginning of period 44,713 37,120 62,623 37,576
End of period $ 35,409 $ 44,940 $ 35,409 $ 44,940