Consolidated Statement of Cash Flows

12 Months Ended

Dec. 31, 2016

Consolidated Statement of Cash Flows [Abstract]

Consolidated Statement of Cash Flows

2.     Consolidated Statement of Cash Flows

Below are the changes in other components of working capital, as shown in the Consolidated Statement of Cash Flows, and the supplemental disclosure of cash paid for interest and income taxes, as well as non-cash transactions:

	Year Ended December 31,
(in thousands)	2016		2015		2014
Decrease (Increase) in:
Accounts receivable	$	(269,900)	$	4,734	$	(186,384)
Costs and estimated earnings in excess of billings		73,349		(178,774)		(153,153)
Other current assets		39,480		(38,616)		(17,450)
Increase (Decrease) in:
Accounts payable		56,552		139,290		33,667
Billings in excess of costs and estimated earnings		42,926		(30,985)		51,711
Accrued expenses		(32,937)		(24,426)		2,801
Changes in other components of working capital	$	(90,530)	$	(128,777)	$	(268,808)
Cash paid during the year for:
Interest	$	47,403	$	45,055	$	45,236
Income taxes	$	26,908	$	35,299	$	75,494
Non-cash transactions during the year for:
Property and equipment acquired through financing arrangements not included in cash flows from financing activities	$	—	$	—	$	816