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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents ($52,871 and $53,067 related to variable interest entities (VIEs)) $ 174,340 $ 192,868
Restricted cash 4,090 4,780
Restricted investments 53,161 53,014
Accounts receivable ($28,076 and $30,003 related to VIEs) 1,236,818 1,265,717
Retainage receivable ($18,627 and $12,410 related to VIEs) 530,897 535,939
Costs and estimated earnings in excess of billings 980,896 932,758
Other current assets ($30,093 and $0 related to VIEs) 132,298 89,316
Total current assets 3,112,500 3,074,392
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $328,443 and $359,188 ($25,072 and $11,641 related to VIEs) 473,178 467,499
GOODWILL 585,006 585,006
INTANGIBLE ASSETS, NET 88,568 89,454
OTHER ASSETS 48,877 47,772
TOTAL ASSETS 4,308,129 4,264,123
CURRENT LIABILITIES:    
Current maturities of long-term debt 27,165 30,748
Accounts payable ($9,183 and $19,243 related to VIEs) 659,290 699,971
Retainage payable 246,033 261,820
Billings in excess of cost and estimated earnings ($199,618 and $120,952 related to VIEs) 508,616 456,869
Accrued expenses and other current liabilities 118,334 132,438
Total current liabilities 1,559,438 1,581,846
LONG-TERM DEBT, less current maturities, net of unamortized discounts and debt issuance costs totaling $43,064 and $45,631 790,119 705,528
DEFERRED INCOME TAXES 106,763 108,504
OTHER LONG-TERM LIABILITIES 166,205 163,465
TOTAL LIABILITIES 2,622,525 2,559,343
COMMITMENTS AND CONTINGENCIES (NOTE 9)
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 49,913,003 and 49,781,010 shares 49,913 49,781
Additional paid-in capital 1,087,164 1,084,205
Retained earnings 606,199 622,007
Accumulated other comprehensive loss (43,596) (42,718)
Total stockholders' equity 1,699,680 1,713,275
Noncontrolling interests (14,076) (8,495)
TOTAL EQUITY 1,685,604 1,704,780
TOTAL LIABILITIES AND EQUITY $ 4,308,129 $ 4,264,123