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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 13,633 $ 21,421
Adjustments to reconcile net income to net cash flows provided by operating activities —    
Depreciation and amortization of property and equipment 28,747 27,767
Amortization of intangible assets 691 251
Stock-based compensation expense 3,488 3,843
Deferred income taxes (116) (186)
Gain on sale of property and equipment (1,079) (1,574)
Other non-cash items (38) 175
Changes in operating assets and liabilities    
Accounts receivable, net 1,770 (24,301)
Costs and estimated earnings in excess of billings on uncompleted contracts (28,774) (31,319)
Receivable for insurance claims in excess of deductibles (1,640) 920
Other assets 7,008 (1,234)
Accounts payable 11,022 17,014
Billings in excess of costs and estimated earnings on uncompleted contracts 5,454 6,079
Accrued self insurance 299 (3,387)
Other liabilities 32 (4,774)
Net cash flows provided by operating activities 40,497 10,695
Cash flows from investing activities:    
Proceeds from sale of property and equipment 2,544 1,980
Cash paid for acquired business 0 (11,374)
Purchases of property and equipment (17,948) (42,795)
Net cash flows used in investing activities (15,404) (52,189)
Cash flows from financing activities:    
Net borrowings under revolving lines of credit 33,407 0
Payment of principal obligations under capital leases (442) 0
Increase in outstanding checks 2,540 0
Proceeds from exercise of stock options 2,080 1,823
Debt issuance costs (1,006) 0
Excess tax benefit from stock-based awards 480 1,676
Repurchase of common shares (101,483) (9,240)
Other financing activities 63 28
Net cash flows used in financing activities (64,361) (5,713)
Effect of exchange rate changes on cash 55 0
Net decrease in cash and cash equivalents (39,213) (47,207)
Cash and cash equivalents:    
Beginning of period 39,797 77,636
End of period 584 30,429
Noncash investing activities:    
Acquisition of property and equipment acquired under capital lease arrangements 5,580 0
Noncash financing activities:    
Capital lease obligations initiated $ 5,580 $ 0