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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,355 $ 7,507
Accounts receivable, net of allowances of $4,517 and $1,331, respectively 313,455 288,427
Contract assets 174,805 160,281
Current portion of receivable for insurance claims in excess of deductibles 10,083 10,572
Other current assets 10,681 8,847
Total current assets 513,379 475,634
Property and equipment, net of accumulated depreciation of $265,636 and $253,495, respectively 168,972 161,892
Operating lease right-of-use assets 14,130 0
Goodwill 56,596 56,588
Intangible assets, net of accumulated amortization of $8,500 and $7,031, respectively 31,818 33,266
Receivable for insurance claims in excess of deductibles 17,094 17,173
Investment in joint ventures 2,222 1,324
Other assets 2,484 2,878
Total assets 806,695 748,755
Current liabilities:    
Current portion of long-term debt 6,856 3,681
Current portion of operating lease obligations 3,817 0
Current portion of finance lease obligations 1,135 1,119
Accounts payable 166,350 139,480
Contract liabilities 53,581 58,534
Current portion of accrued self-insurance 19,692 19,633
Other current liabilities 52,669 61,358
Total current liabilities 304,100 283,805
Deferred income tax liabilities 17,359 17,398
Long-term debt 99,623 86,111
Accrued self-insurance 33,664 34,406
Operating lease obligations, net of current maturities 10,456 0
Finance lease obligations, net of current maturities 923 1,514
Other liabilities 1,633 1,057
Total liabilities 467,758 424,291
Commitments and contingencies
Stockholders' equity:    
Preferred stock—$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at June 30, 2019 and December 31, 2018 0 0
Common stock—$0.01 par value per share; 100,000,000 authorized shares; 16,644,459 and 16,564,961 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 166 165
Additional paid-in capital 150,177 148,276
Accumulated other comprehensive loss (393) (193)
Retained earnings 189,089 174,736
Total stockholders' equity attributable to MYR Group Inc. 339,039 322,984
Noncontrolling interest (102) 1,480
Total stockholders' equity 338,937 324,464
Total liabilities and stockholders' equity $ 806,695 $ 748,755