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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash, including cash equivalents of $1,481 and $15,302 ($53,067 and $0 related to VIEs) $ 192,868 $ 146,103
Restricted cash 4,780 50,504
Restricted investments 53,014  
Accounts receivable, including retainage of $535,939 and $569,391 (AR of $42,413 and $0 related to VIEs) 1,801,656 1,743,300
Costs and estimated earnings in excess of billings 932,758 831,826
Other current assets 89,316 66,023
Total current assets 3,074,392 2,837,756
PROPERTY AND EQUIPMENT:    
Land 41,382 41,382
Building and improvements 125,029 124,157
Construction equipment 477,988 444,153
Other equipment 182,288 181,717
Total property and equipment, gross 826,687 791,409
Less accumulated depreciation (359,188) (313,783)
Total property and equipment, net ($11,641 and $0 related to VIEs) 467,499 477,626
GOODWILL 585,006 585,006
INTANGIBLE ASSETS, NET 89,454 92,997
OTHER ASSETS 47,772 45,235
TOTAL ASSETS 4,264,123 4,038,620
CURRENT LIABILITIES:    
Current maturities of long-term debt 30,748 85,890
Accounts payable, including retainage of $261,820 and $258,294 (AP of $19,243 and $0 related to VIEs) 961,791 994,016
Billings in excess of costs and estimated earnings ($120,952 and $0 related to VIEs) 456,869 331,112
Accrued expenses and other current liabilities 132,438 107,925
Total current liabilities 1,581,846 1,518,943
LONG-TERM DEBT, less current maturities, net of unamortized discounts and debt issuance costs totaling $45,631 and $56,072 705,528 673,629
DEFERRED TAX LIABILITIES 108,504 131,007
OTHER LONG-TERM LIABILITIES 163,465 162,018
TOTAL LIABILITIES 2,559,343 2,485,597
CONTINGENCIES AND COMMITMENTS (Note 6)
Stockholders' equity:    
Preferred stock - authorized 1,000,000 shares ($1 par value), none issued
Common stock – authorized 75,000,000 shares ($1 par value), issued and outstanding 49,781,010 and 49,211,353 shares 49,781 49,211
Additional paid-in capital 1,084,205 1,075,600
Retained earnings 622,007 473,625
Accumulated other comprehensive loss (42,718) (45,413)
Total stockholders' equity 1,713,275 1,553,023
Noncontrolling interests (8,495)  
TOTAL EQUITY 1,704,780 1,553,023
TOTAL LIABILITIES AND EQUITY $ 4,264,123 $ 4,038,620