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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,338 $ 7,507
Accounts receivable, net of allowances of $2,020 and $1,331, respectively 297,967 288,427
Contract assets 188,069 160,281
Current portion of receivable for insurance claims in excess of deductibles 10,003 10,572
Other current assets 8,379 8,847
Total current assets 505,756 475,634
Property and equipment, net of accumulated depreciation of $260,743 and $253,495, respectively 162,565 161,892
Operating lease right-of-use assets 16,266 0
Goodwill 56,592 56,588
Intangible assets, net of accumulated amortization of $7,765 and $7,031, respectively 32,542 33,266
Receivable for insurance claims in excess of deductibles 16,564 17,173
Investment in joint ventures 2,342 1,324
Other assets 2,591 2,878
Total assets 795,218 748,755
Current liabilities:    
Current portion of long-term debt 3,742 3,681
Current portion of operating lease obligations 4,401 0
Current portion of finance lease obligations 1,127 1,119
Accounts payable 170,352 139,480
Contract liabilities 28,519 58,534
Current portion of accrued self-insurance 20,901 19,633
Income taxes payable, net 3,109 0
Other current liabilities 61,409 61,358
Total current liabilities 293,560 283,805
Deferred income tax liabilities 17,052 17,398
Long-term debt 106,204 86,111
Accrued self-insurance 32,561 34,406
Operating lease obligations, net of current maturities 11,600 0
Finance lease obligations, net of current maturities 1,275 1,514
Other liabilities 1,492 1,057
Total liabilities 463,744 424,291
Commitments and contingencies
Stockholders' equity:    
Preferred stock—$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at March 31, 2019 and December 31, 2018 0 0
Common stock—$0.01 par value per share; 100,000,000 authorized shares; 16,610,032 and 16,564,961 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 177 165
Additional paid-in capital 148,938 148,276
Accumulated other comprehensive loss (270) (193)
Retained earnings 181,882 174,736
Total stockholders' equity attributable to MYR Group Inc. 330,727 322,984
Noncontrolling interest 747 1,480
Total stockholders' equity 331,474 324,464
Total liabilities and stockholders' equity $ 795,218 $ 748,755